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Ethereum’s native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart. Source: Cointelegraph/TradingView In the past 83 days, it declined by 51%, translating to an average daily loss of approximately 0.61%. If the losses are compounded…
Key Takeaways Strategy plans to offer up to $21 billion in preferred stock to expand its Bitcoin holdings. The company uses various financing methods, such as debt offerings and equity issuances, to fund Bitcoin acquisitions. Share this article Strategy plans to sell up to $21 billion in 8.00% Series A Perpetual Strike Preferred Stock through…
Uniswap’s newly launched Ethereum layer-2 network, Unichain, was the fastest-growing blockchain in its debut month, according to blockchain data firm Nansen. Unichain, which launched its mainnet on Feb. 11, saw 236,452 active addresses in its first month, according to blockchain analytics firm Nansen. While impressive for a new network, Unichain’s user base remains small compared…
Bitcoin took another blow on March 10, retreating below $82,000 and sending jitters across the crypto market. The latest loss in value for the world’s top digital asset comes after weeks of decent gains. Traders at the moment are unsure if this is just a temporary hiccup, or the start of a more significant correction….
Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin (BTC) and Ether (ETH) trading services to its customers. Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital…
Key Takeaways Bitcoin and altcoins plunge amid growing economic uncertainty. Market reactions remain tepid as the Strategic Bitcoin Reserve will not involve new government purchases for now. Share this article Fears of a looming recession, coupled with escalating trade tensions between the US and Canada, triggered Bitcoin price drops and altcoin sell-offs on Sunday night….
Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to…
Today in crypto, CZ asks Elon Musk to ban automated bots on X, disappointment surrounding the US Strategic Bitcoin Reserve signals unrealistic investor expectations, and according to regulatory experts, Michael Saylor advocated for an aggressive US government approach to Bitcoin accumulation. CZ asks Elon Musk to get rid of automated bots on X Binance co-founder…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este…
