Blockchain Archives - Page 7 of 14

Jacobi Spot Bitcoin ETF Gets ESG Label Amid Surging Energy Concerns

by Crypto Oracle August 29, 2023

Jacobi Asset Management has attached an ESG label to its Jacobi FT Wilshire Bitcoin ETF launched on the European market. The classification of the fund by the issuer under Article 8 of the European Sustainable Finance Disclosure Regulation (SDFR) signifies that it…

News

XDC Steals the Show With 15% Daily Surge, BTC Won’t Move From $26K (Market Watch)

by Crypto Oracle August 29, 2023

AVAX and CRV follow XDC in terms of daily gains but are way behind it. Bitcoin continues to move by only a few hundred dollars in either direction and has remained stuck at around $26,000 for yet another day. Most altcoins have…

Interview

No to ‘crypto,’ yes to blockchain technology

by 'Femi Michael August 29, 2023

Breaking common misconceptions and providing various industries and the youth with a deeper understanding and clarity of blockchain technology are the primary targets of the second Philippine Blockchain Week (PBW) on September 19-21, 2023. Ida Tiongson tells CoinGeek Backstage Enumerating the recent happenings in the “crypto”…

Bitcoin

Robinhood Identified to Be Mysterious Wallet and 3rd Largest Holder of Bitcoin: Data

by Crypto Oracle August 28, 2023

Bitcoin wallet address that accumulated $3 billion worth of BTC in three months to become the 3rd largest wallet address belongs to the investing and trading platform Robinhood. The wallet had attracted attention dividing the market observers into speculating whether it belonged…

News

Ethereum Transaction Fees Fall To Levels Not Seen Since Late 2022

by Crypto Oracle August 28, 2023

Ethereum’s total daily transaction fees hit an eight-month low after it plunged to 1,719 ETH approximately $2.1 million on Aug 27. The recent decline in total gas fees can be attributed to low network activity and the rise of layer 2 scaling solutions. According…

Bitcoin News

BTC Must Hold this Level, Otherwise $25K Breakdown is Likely (Bitcoin Price Analysis)

by Crypto Oracle August 27, 2023

Bitcoin’s price shows a very low intent to recover following the recent drop last week. Things are not looking positive in the short term. Technical Analysis The Daily Chart On the daily chart, the price has been consolidating inside a tight range…

News

Stablecoins Settled as Much Value as Visa in 2022: Analysis

by Crypto Oracle August 27, 2023

Stablecoins are winning in the realm of payments, and are largely used for non-speculative activity. Stablecoin payment adoption continued to thrive last year despite massive capital outflows from the crypto market at large, according to a new report from European hedge fund…

Bitcoin News

Analysts Introduce Innovative Framework to Decode Bitcoin Economy in Bear Market

by Crypto Oracle August 27, 2023

Investment firm Ark Invest and blockchain security firm Glassnode have revealed a conceptual framework for understanding the Bitcoin (BTC) economy amid the ongoing bear market. On Thursday, Ark Invest unveiled the whitepaper, titled "Cointime Economics: A New Framework For Bitcoin On-chain Analysis," which aims to provide a toolkit for comprehending…

News

Ethereum Staking Flourishes While Value of DeFi Assets Shrinks – What’s Going On?

by Crypto Oracle August 26, 2023

Ethereum (ETH) staking has been flourishing through protocols like Lido and Coinbase's staking service even as the value of DeFi assets continues to decline. Over the past year, the crypto sector has experienced a series of setbacks, including failures of centralized crypto exchanges and…

News

Judge Cites Ripple Case in Rejecting CEL’s Security Classification in Bankruptcy Proceedings

by Crypto Oracle August 26, 2023

A bankruptcy judge has refused to determine whether CEL, the native token of Celsius, should be classified as a security, citing the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC). Otis Davis, one major CEL token order, had previously asked…