Ethereum now accounts for 19.2% of the overall cryptocurrency market whereas Bitcoin dominance has fallen to 40.7%. Ethereum now accounts for 19.2% of the overall cryptocurrency market whereas Bitcoin dominance has fallen to 40.7%. Cointelegraph.com NewsRead More
Read MoreDay: May 13, 2021
Price analysis 5/13: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
Bitcoin remains on slippery ground and the completion of a bearish candlestick pattern signals that further downside is possible for BTC and altcoins. Bitcoin remains on slippery ground and the completion of a bearish candlestick pattern signals that further downside is possible for BTC and altcoins. Cointelegraph.com NewsRead More
Read MoreBinance Faces DOJ Probe as Investigators Target Crypto Money Laundering and Tax Evasion
Binance, one of the largest cryptocurrency exchanges in the world, is now being probed by the Department of Justice (DOJ) under the assumption that it could be immersed in money laundering transactions. The investigation will also include inquiries from the Internal Revenue Service (IRS), which has been recently investigating a number of crypto trading platforms. Binance Probed by US Department of Justice Today, it was revealed that Binance, one of the most popular cryptocurrency exchanges in the world, is being the subject of an investigation related to transactions involving alleged…
Read MoreTether discloses full reserve breakdown for the first time
Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31. Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31. Cointelegraph.com NewsRead More
Read MoreBitcoin drops to $46K, altcoins sell off as report claims Binance is under investigation
News that Binance could be under investigation by the U.S. Justice Department and IRS triggered a marketwide sell-off that saw Bitcoin’s price drop to $46,000. News that Binance could be under investigation by the U.S. Justice Department and IRS triggered a marketwide sell-off that saw Bitcoin’s price drop to $46,000. Cointelegraph.com NewsRead More
Read MoreBitcoin whale MicroStrategy buys additional 271 BTC
CEO Michael Saylor disclosed the $15 million BTC purchase on Thursday. CEO Michael Saylor disclosed the $15 million BTC purchase on Thursday. Cointelegraph.com NewsRead More
Read MoreWhile Bitcoin’s Price Slumps the Network’s Mining Difficulty Reaches a Lifetime High
After bitcoin prices took a hit following Tesla’s recent u-turn, Bitcoin’s mining difficulty jumped over 25 trillion, the highest the metric has seen during the protocol’s lifetime. The mining difficulty spike follows the recent 12% difficulty drop the network experienced two weeks ago. Bitcoin’s Mining Difficulty Jumps to 25 Trillion, Could Hit 30 Trillion in Two Weeks After some issues with the Xinjiang grid in China three weeks ago, the overall SHA256 hashrate used by the Bitcoin (BTC) network dropped considerably. This in turn caused the BTC network’s mining difficulty…
Read MoreCardano nears $2, Nano jumps 125% in firm shrug to Bitcoin bears and Elon Musk
The third-largest altcoin is following its own bullish path with new dollar all-time highs and a three-year high against Bitcoin. The third-largest altcoin is following its own bullish path with new dollar all-time highs and a three-year high against Bitcoin. Cointelegraph.com NewsRead More
Read MoreBinance is reportedly under investigation from IRS and Justice Department
The price of Bitcoin and Ether both fell between 3-5% as the report spread across social media. The price of Bitcoin and Ether both fell between 3-5% as the report spread across social media. Cointelegraph.com NewsRead More
Read MoreBuy the Dip: Microstrategy Grabs $15 Million More Bitcoin — Now Holds 91,850 BTC in Treasury
Nasdaq-listed Microstrategy has bought the dip and purchased $15 million more bitcoins, taking advantage of the falling price for the cryptocurrency after Tesla CEO Elon Musk revealed that his company has suspended accepting bitcoin for payment. Microstrategy now holds about 91,850 bitcoins. Microstrategy announced Thursday that it has purchased $15 million more in bitcoin. CEO Michael Saylor tweeted: Microstrategy has purchased an additional 271 bitcoins for $15.0 million in cash at an average price of ~$55,387 per bitcoin. In the company’s filing with the U.S. Securities and Exchange Commission (SEC),…
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