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...
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.
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 […]
On 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 […]