In a recent tweet, on-chain analytics platform IntoTheBlock shared a chart that highlights the long-term holder ratios for Ethereum and Bitcoin. Alongside its tweet, IntoTheBlock posted a graphic displaying the “hodler ratios” of these two major cryptocurrencies. Currently, 74.7% of Ethereum addresses are long-term holders, significantly outpacing Bitcoin, IntoTheBlock stated. This marks a significant development … Read more
A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $10 Million Principal Balance on Senior Notes Despite Drop in BTC Production Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, a 3% … Read more
The partnership will empower developers to create robust decentralized applications. The collaboration will create a privacy-preserving AI training environment by using io.net’s decentralized GPU clusters. Decentralized physical infrastructure network for GPU clusters io.net and Alpha Network have partnered to provide a secure environment for web3 and AI apps. By addressing data security issues and democratizing access to … Read more
Bitcoin’s ability to hold $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending?
Bitcoin’s recent price woes near $92,000 are short-term, and one analyst says traders should ignore the market noise.
The crypto market is navigating a wave of mixed sentiment, with major digital assets showing varying degrees of optimism and skepticism, according to a Santiment report published on Jan. 9. The analysis highlights stark differences in trader sentiment for leading cryptocurrencies and urges investors to adopt contrarian strategies to navigate these volatile conditions. Mixed sentiment … Read more
Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. Modified Meters Used to Aid Electricity Theft On Jan. 8, law enforcement agents in Thailand’s Chon Buri province seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity from … Read more
Crypto markets had been on a nice bull run the the final quarter of 2024, but the trend of rising government bond yields across the globe appears to have become to strong to ignore. Considered the benchmark that sets the standard across the world, the U.S. 10-year Treasury yield has risen to 4.70% as of … Read more
“We are very proud of the addition of Nick to the Jan3 team as we ramp up efforts to accelerate the global adoption of Bitcoin,” wrote Mow.
U.S. authorities have not executed any new Bitcoin sales, despite reports suggesting that the Department of Justice had authorized a massive offload. Blockchain intelligence platform Arkham confirmed that billions in seized Silk Road and FBI-confiscated Bitcoin (BTC) remain in U.S. government-controlled addresses as of Jan. 9. The data provider shared on-chain proof confirming a $6.44 … Read more