Bitcoin ($BTC) is making waves in the market with significant price progress amid a notable decrease in UTXO. Hence, Bitcoin’s Unspent Transaction Output (UTXO) count has dropped to the 17-month low spot of 166.6M, highlighting re-accumulation among the $BTC HODLers. As per the data from the popular crypto analyst going by, CryptoOnchain, this notable development
Belo Horizonte named Brazil’s “Capital of Bitcoin” to drive crypto innovation and education. DL Holdings invests USD 40M in mining rigs in Paraguay and Oman. Bitget highlighted by Animoca Brands for its Universal Exchange (UEX) model. These are the most significant crypto developments in Latin America this week, from Brazil’s bold move to establish Belo
Bitcoin is on a bullish comeback move as the coin has gained 11.61% in the last seven days, as it inches closer to its all-time high (ATH) of $124,457. Amid this positive move, Matthew Sigel, VanEck’s head of Digital Asset Research, has dropped another bullish update. Bitcoin self-custody moves tighten liquidity According to Sigel, crypto
Digital asset treasury (DAT) companies that tokenize their stocks on the blockchain compound the risks to investors and their own businesses, according to several crypto industry executives. “Blockchains trade 24/7, whereas traditional markets have specific hours of operation,” Kadan Stadelmann, chief technology officer of the Komodo decentralized exchange platform, told Cointelegraph. Sharp onchain price movements
With bitcoin’s volatile price chaos in September rattling traders yet still locking in a 5.16% monthly gain, data shows 2,803.62 long-silent bitcoin, worth $342 million, finally broke their slumber and moved for the first time in years. 70 Dormant Wallets From Early Days Moved Over 2,800 BTC According to blockchain parser btcparser.com, September logged 70
Just as Amazon laid the rails for the digital economy, Metaplanet president Simon Gerovich says his company is building the new financial infrastructure. And he argues that the market often misprices companies in periods of structural change, obsessing over price while missing the power beneath the hood. Like Jeff Bezos’ famous remark during Amazon’s dot-com
Ever get the feeling that the world is spinning faster than at any point in living memory? If you haven’t, you’re not looking at the right data. In today’s new economic order, holding real, tangible assets isn’t a preference; it’s a necessity. As the Fed cuts rates into persistent inflation and the deficit spending sits
Tether, the issuer of USDT, the largest stablecoin, is close to making its Wallet Development Kit open-source. Tether CEO Paolo Ardoino expects the new product not only to catalyze massive adoption of self-custody wallets, but also to bring “pure freedom” to users. Trillion wallets, no strings attached: Tether’s Paolo Ardoino on game-changing release Wallet Development