Differentiating Bitcoin from the rest of the crypto market: Part 1

Initially, the term “crypto asset” meant bitcoin and nothing else. However, the sector has experienced massive expansion by creating thousands of alternative crypto assets and tokens over the past decade. And while... Read more »

Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports

While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a... Read more »

Markets Climb As Inflation Keeps Cooling Off

Key Takeaways The CPI print for November came in today at 7.1%. The print is 0.6% lower than October’s, and 0.2% lower than expected. The crypto market reacted positively to the news,... Read more »

Genesis files for bankruptcy, FTX explores a reboot, and Bitzlato…

Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through the crypto industry, with Genesis Capital filing for bankruptcy protection in New York, estimating... Read more »

Bitcoin up 50% from bear market low outperforming SPY, Gold

The bear market rally that perplexed much of the crypto industry continued into the weekend as Bitcoin hit $23,230 for the first time since August 2022. Bitcoin is now up 50% from... Read more »

UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit

The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial intelligence and... Read more »

Dead cat bounce? Bitcoin price nears $23,000 in fresh 5-month high

Bitcoin (BTC) took a swing at $23,000 into Jan. 21 as Asia buyers drove fresh market strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bid liquidity causes suspicion Data from Cointelegraph Markets... Read more »

Did Sam Bankman-Fried Secretly Cash Out $1.5M?

Key Takeaways Sam Bankman-Fried may have sent over $1.48 million worth of crypto to various exchanges to cash out the funds. One of his publicly-known wallets, along with numerous known Alameda wallets,... Read more »

Genesis files for bankruptcy; Cardano creator wants CoinDesk

The biggest news in the cryptoverse for Jan. 20 saw Genesis Global Capital file for bankruptcy. Elsewhere, Cardano creator Charles Hoskinson confirmed that he is interested in acquiring CoinDesk. ByBit said its... Read more »

Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging

Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on... Read more »
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