The amount of bitcoin stored on the Lightning Network has jumped by two-thirds over the past year to hit an all-time high of 5,580 coin, according to crypto data firm. US-based BitPay said transaction volumes jumped 18 per cent last year versus 2021. CoinsPaid said volumes in the fourth quarter of 2022 rose 32 per cent compared with a year before.
6 hours ago
Bitcoin’s recent price revival has once again bolstered the cryptocurrency’s reputation as a form of “digital gold” among some analysts, who claim it serves as a safe-haven asset during times of geopolitical and economic crisis. The world’s leading cryptocurrency is up more than 10 per cent over the last week, despite turmoil among the banking and tech sector.
7 hours ago
A few days ago, the U.S. Court of Appeals for the D.C. Circuit ruled in favor of digital asset management company Grayscale Investments in its lawsuit against the Securities and Exchange Commission (SEC). Andrey Stoychev, project manager at crypto exchange Nexo, opined that BTC’s rally after the win was a “vital boost in morale” for investors after the asset had one of its worst weeks since March 2024.
17 Hours ago
Ron DeSantis – Florida’s Governor and one of the US Presidential candidates – unveiled a “Declaration of Economic Independence,” where he outlined some of the biggest financial challenges that America currently faces. His pronouncement focuses on improving Americans’ financial well-being and reinforcing the States as the most dominant economy.
November 24, 2024
August didn’t end well for cryptocurrencies, and Bitcoin had a rough start to September. So, what are the current expectations? After a period of 10 days of sideways movement, increased volatility didn’t last long. BTC is now drawing a straight line on the chart. Expectations for September and the current BTC chart analysis can give us some ideas.
November 23, 2024
The London Stock Exchange (LSE) Group was in the early stages of creating a blockchain-based platform for traditional financial assets. This development signifies a notable move towards incorporating blockchain technology into the world of traditional finance.
November 22, 2024
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