Macro Pressure Meets Price Resilience Bitcoin (BTC) is holding the $75,000 level, demonstrating resilience against a backdrop of intensifying macroeconomic headwinds. The primary driver of this pressure is recent U.S. inflation data, which has accelerated significantly. According to AMBCrypto, U.S. inflation rose 0.4% in August, a sharp increase from the 0.1%
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Competing blocks at height 966,500Bitcoin experienced a small blockchain reorganization on Sept. 11 when two mining pools produced valid competing blocks at the same height. The event occurred at block height 966,500, where SpiderPool and AntPool independently built blocks on the same parent block. According to Galaxy Research, SpiderPool’s version
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Petition Centers on Whether Customers Lost Money Sam Bankman-Fried has asked the U.S. Supreme Court to vacate the fraud conviction that sent him to federal prison for 25 years, according to a petition reviewed by The New York Times. The filing, submitted Thursday, asks the justices to intervene in what his
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Two New Pairs, One Supported Chain Upbit, the South Korean exchange that leads the domestic market by trading volume, began matching BFC orders against the South Korean won and USDT at 13:45 KST (04:45 UTC) on Sept. 10. The two pairs join an existing Bitcoin-denominated market on the platform, where BFC
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Two Jacksonville, Florida, brothers were charged in federal court with conspiring to distribute nitazene-laced counterfeit pills through darknet marketplaces, according to a criminal complaint filed in the Eastern District of Virginia. U.S. prosecutors said blockchain analysis traced roughly $220,000 in Bitcoin withdrawals from three separate darknet platforms to wallets they
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Bitcoin's $80,000 Close Meets a Wall of Derivatives and DoubtBitcoin did something it had not done in four months. On Sunday, BTC/USD closed the week above $80,000 for the first time since the week of May 11, according to TradingView data. The move landed at a precarious moment: US inflation
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In an unexpected turn of events, the cryptocurrency market has experienced a dramatic surge, marking one of the most significant upward movements since its inception. This sudden increase comes amidst a backdrop of global economic uncertainty, leading to a renewed interest in digital currencies as potential safe havens or hedge
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In an unprecedented shift within the digital finance landscape, recent data indicates a historic rise in cryptocurrency adoption by small businesses across the globe, signaling a robust surge in market confidence and a potential reshaping of payment systems. Over the past quarter, a comprehensive survey conducted by the Digital Finance Institute
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In an unprecedented move that is set to change the landscape of global trade, several leading logistics companies announced today the adoption of blockchain technology to enhance transparency, efficiency, and security in supply chain management. This groundbreaking initiative promises to mitigate many of the pain points currently plaguing supply chains
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In a groundbreaking development, a new blockchain platform has been unveiled that significantly enhances the efficiency and transparency of renewable energy trading. This innovative platform, launched by GreenChain Tech, a Silicon Valley startup, aims to transform how renewable energy credits (RECs) are traded globally. Renewable energy credits have been instrumental in
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