The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment threshold, greater financial control, and a perception of increased equality. However, barriers such as lack of knowledge and understanding hinder adoption. Aussies Embrace Alternative Investments […]
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over the current custody arrangements for WBTC. Threshold Network Proposes Decentralized Custody Model for WBTC […]
Bitcoin took a tumble on Tuesday, hitting a low of $ 61,455 per coin after peaking at $ 65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $ 20.28 million in bitcoin long positions and $ 40.29 million in ether longs being liquidated. Crypto Market Stumbles: …
On Thursday, bitcoin (BTC) leaped to a high of $ 62,729, representing a more than 26% jump from its Aug. 5 low of $ 49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying …
Ethereum (ETH) has experienced notable price movements recently, currently trading at $ 3,037. The intraday range has fluctuated between $ 2,803 and $ 3,096, with a market capitalization standing at $ 364 billion. Ethereum The 1-hour ETH/USD chart reveals a recent uptrend beginning at $ 2,803, marked by a significant …