Bitcoin

Despite market apprehension, Bitcoin Coinbase Crypto Exchange, a prominent player in the crypto world, anticipates that Genesis’ approved GBTC sell-off won’t shake the crypto market. Genesis, a bankrupted crypto lending company, has received the go-ahead to liquidate approximately $1.3 billion GBTC, causing concern for a potential Bitcoin price drop. However, the bitcoin coinbase crypto exchange asserts that majority of the funds will stay within the crypto ecosystem, thus, mitigating possible e

Bitcoin’s recent surge to a two-year peak of $50,363 in February had a favorable effect on crypto and mining stocks. Specifically, Bitcoin miners Microstrategy and other cryptocurrency mining stocks saw substantial double-digit gains, somewhat reflecting Bitcoin’s 17.5% increase in value over the same timeframe. Microstrategy, led by founder and chairman Michael Saylor, is known for its endorsement of Bitcoin as a digital gold and a store of value. At present, Microstrategy safeguards a consider

The emerging Rabbit Swap cross-chain platform, launched on February 10, 2024, presents an innovative exchange strategy that magnifies the efficacy and advantages of cross-chain swaps for users. Rabbit Swap’s unique strategy revolves around managing a diverse network of liquidity sources, ensuring competitive swap rates and eliminating swap limits. Rabbit Swap addresses the main liquidity challenges faced by most cryptocurrency exchanges by integrating various methods into a single, user-friendly

Bitcoin sales experienced a significant drop in January, particularly the sales of Bitcoin Ordinals, marking a 61% fall to $335 million from December’s peak of $868 million. The data was compiled by CryptoSlam, an NFT data aggregator, also highlighting that Ordinals were the first NFTs minted on the Bitcoin network. The Bitcoin sales decline and the devaluation of Ordinals are being linked to the oversaturated NFT market and new collections emerging from other blockchains. Despite the slump, som