Analysts forecast a Bitcoin run above $100,000 now that BTC reclaimed the $61,000 level. Source link
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Marathon Digital reported a significant year-on-year surge in its Bitcoin production last month, defying expectations surrounding the halving event. Bitcoin production increase In its April operational report, Marathon revealed that it produced 850 BTC, marking a notable 21% increase on the year-on-year metrics. This uptick is primarily attributed to the…
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Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000? Source link
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Blockchain security firm Cyvers Alert reported that an unnamed crypto trader lost 1,155 Wrapped Bitcoin (WBTC), equivalent to $70.5 million worth, to address poisoning. The firm said: “Are we mistaken, or has someone truly lost $68 million worth of WBTC? Our system has detected another address falling victim to address…
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Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards. Source link
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Quick Take Farside data shows that the Bitcoin exchange-traded funds (ETFs) witnessed an outflow of $34.4 million on May 2. Grayscale’s GBTC was the sole ETF to experience outflows, which is an encouraging sign compared to May 1, when all ETFs faced outflows. GBTC saw an outflow of $54.9 million…
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The attack caused the unknown trader to lose over 97% of their crypto holdings. Source link
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Polkadot’s ecosystem recorded massive growth across major metrics during the first quarter of the year, according to a Messari report. During this period, the market cap of Polkadot’s native DOT token rose to $12.7 billion from the $8.4 billion recorded in the last quarter of 2023. Notably, this upswing correlates…
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Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market. Source link
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In a captivating episode of the SlateCast, the co-founders of MadFi, Carlos, Nate, and Marcus, joined Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, to delve into the world of Bonsai, the first genuine community token on the Lens Protocol. The discussion shed light on the motivations behind…