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CATEGORY: news bytes

Institutional Investors and Whales Push Bitcoin Demand to New Heights
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 27, 2024 05:55

Institutional Investors and Whales Push Bitcoin Demand to New Heights

Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance between the surging demand and the decreasing sell-side liquidity, with [...]

The post Institutional Investors and Whales Push Bitcoin Demand to New Heights appeared first on Crypto Breaking News.

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Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 27, 2024 05:55

Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base

Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive step towards an on-chain financial future, setting [...]

The post Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base appeared first on Crypto Breaking News.

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Roger Ver Rejects Blockstream CEOs Invitation, Remains Loyal to Bitcoin Cash Over BTC
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 26, 2024 05:50

Roger Ver Rejects Blockstream CEOs Invitation, Remains Loyal to Bitcoin Cash Over BTC

Roger Ver, an early Bitcoin investor, has decided to continue supporting Bitcoin Cash (BCH) over Bitcoin (BTC) despite an invitation from Blockstream CEO Adam Back to rejoin the Bitcoin community. Ver criticizes layer two blockchain solutions, like Back’s Liquid Network, as centralized or unreliable, maintaining that bitcoin cash more closely aligns with the original vision [...]

The post Roger Ver Rejects Blockstream CEOs Invitation, Remains Loyal to Bitcoin Cash Over BTC appeared first on Crypto Breaking News.

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Patrick Hansen Clarifies EU Regulation Misinformation: No Ban on Self-Hosted Wallets
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 25, 2024 05:50

Patrick Hansen Clarifies EU Regulation Misinformation: No Ban on Self-Hosted Wallets

Erroneous early reporting and discussions on X about the European Union’s approach to cryptocurrency anonymity have been clarified by industry expert Patrick Hansen, stating that the EUs Anti Money Laundering Regulation (AMLR) targets broader anti-money laundering (AML) and counter-terrorism financing (CFT) efforts across various sectors, including crypto, without singling out cryptocurrencies for special regulation. Contrary [...]

The post Patrick Hansen Clarifies EU Regulation Misinformation: No Ban on Self-Hosted Wallets appeared first on Crypto Breaking News.

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Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 21, 2024 05:50

Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection

On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which was clinched 16 days earlier for 4,500 ETH or $16,010,724. The record for the priciest [...]

The post Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection appeared first on Crypto Breaking News.

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