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Tag: Marcus Sotiriou

2,262 Bitcoin Addresses Hold at Least 1,000 BTC

The number of Bitcoin millionaires, addresses with 1,000+ coins, has touched its highest level since April 2021. Glassnode’s on-chain data shows that 2,262 BTC addresses are now holding more than 1...

Crypto Volatility Returns, BTC Holders Increase Network Transfers

On 26 February, BTC touched the market cap of $750 billion for the first time since 19 February 2022 after the cryptocurrency breached the mark of $40,000.

Crypto Recovery Liquidates $265 Million Worth of Short Trading Positions

With a market cap jump of more than $150 billion in the last 24 hours, the crypto market saw one of the strongest recoveries in 2022.

Wells Fargo says crypto is headed for hyper-adoption

Bitcoin’s adoption is at an early stage, according to Wells Fargo Like the 1990s,…

The post Wells Fargo says crypto is headed for hyper-adoption appeared first on Coin Journal.

Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading

Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an irony if the wind power generated on Sweden’s long coastline would be devoted to Bitcoin mining.” Regulators analyze mining impact Previously, Norwegian authorities […]

Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion

Bitcoin Falls Beneath $40K Dragging Crypto Economy Below $2 TrillionOn Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down […]

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