The number of addresses holding 1 BTC or more has now crossed the one million mark. Glassnode’s data reveals that the number of wallet addresses holding one whole BTC or more has exceeded one million. This significant milestone settled on May 13 represents a clear indication of the sustained growth in the popularity of Bitcoin and the increasing adoption of the cryptocurrency among investors. Investors have actively accumulated Bitcoin since the market setback happened last year. The largest cryptocurrency lost 65% of its value after a series of events triggered…
Read MoreDay: 17 May 2023
Celsius adds over 428K stETH to Lido’s lengthening withdrawal queue
The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait.
Read MoreIndonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank official said. “We expect that very soon it will become widespread.” Indonesia Establishes New National Payment System Indonesia will introduce a new national payment system that will replace Visa and Mastercard in state-owned institutions and companies, according to Dicky Kartikoyono, Bank Indonesia’s Head of Strategic Management and Governance Department. The central…
Read MoreOrdinals turned Bitcoin into a worse version of Ethereum: Can we fix it?
Deluged by NFTs and memecoins, Bitcoin has suddenly become a worse version of Ethereum. There are conflicting ideas about how to fix it.
Read MoreWBC HEAVYWEIGHT CHAMPION TYSON FURY’S CRYPTOCURRENCY FIASCO
Tyson Fury Promoted “Mingo Coin” beginning with a New York City Time’s Square Takeover event in December 2021. Investors are not happy and claim Tyson Fury concealed that he was the main beneficiary of the scheme and did little or nothing except pocket their money in return for an illiquid and useless cryptocurrency offering. A complaint has been filed with the World Boxing Council in Mexico City alleging Fury has brought disrepute to the sport of boxing by taking advantage of his fans and requesting an investigation of Fury’s involvement…
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