On Monday, while bitcoin (BTC) prices hovered between $ 92,850 and $ 93,150 over the last hour, Microstrategy founder Michael Saylor took to X to share that his firm snagged 2,138 BTC for $ 209 million at $ 97,837 each. Since 2020, Microstrategy has steadily accumulated bitcoin, making it the largest …
Stablecoins Becoming Increasingly Viable as Staking Collateral, Research Shows
The research, which focuses on Circle’s USDC stablecoin, is part of a series of posts on restaking by crypto research firm Gauntlet. USDC Provides Unique Benefits as Restaking Collateral Restaking – the practice of staking cryptocurrencies like ether (ETH) on multiple protocols to generate additional yield – can now be accomplished with ERC20 tokens, including […]
Bitcoin Shows Mixed Signals Amid Consolidation: Is a Reversal Coming Soon?
Bitcoin (BTC) has experienced a steady decline in recent sessions, but technical indicators are sending mixed messages, hinting at a possible market shift on the horizon. Despite the bearish price trend, oscillators are providing a mix of neutral, buy, and sell signals, reflecting indecision among traders. Bitcoin On the 1-hour chart, bitcoin’s (BTC) downward trajectory […]
Google Trends Shows Soaring Interest in Satoshi Nakamoto Ahead of HBO’s ‘Money Electric’
On Wednesday, Oct. 9, 2024, HBO is set to premiere a documentary titled “Money Electric,” which reportedly claims to unveil the identity of Bitcoin’s mysterious creator, Satoshi Nakamoto. Ever since the announcement, the internet has been buzzing with discussions on social media, forums, and news outlets, all wondering if the documentary will provide any credible […]
Vitalik Buterin Shows Support for Tornado Cash Developer With Additional 100 ETH Donation
Ethereum co-founder Vitalik Buterin has demonstrated his continued support for Tornado Cash developer Roman Storm by donating an additional 100 ETH, valued at approximately $ 240,000, to Storm’s legal defense fund. This marks the third contribution from Buterin, bringing the total amount raised for the fund to over 327 ETH. The fund was established …