Bitcoin

Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko

Bitcoin has offered significantly higher returns than traditional safe-haven assets like gold, U.S. bonds, or the dollar. Data from Paris-based crypto analytical platform Kaiko showed that an investment in the top cryptocurrency in January last year would have yielded more than 100% returns, while similar investments in gold and other assets would have generated considerably […]
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Cryptocurrency

OKX pulls plug on mining pool amid declining user and hashrate numbers

Crypto exchange OKX will discontinue its mining pool services due to “business adjustments” reasons, according to a Jan. 26 statement. The platform said it had halted new customer registrations, effective immediately. Existing users will retain access to the platform until Feb. 25, after which all mining pool-related services will be discontinued by Feb. 26. “Due […]
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Cryptocurrency

Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hit

The shares of several U.S.-listed crypto companies experienced substantial declines in their values due to the significant market downturn today, Jan. 23. Earlier today, Bitcoin’s price retraced more of the gains it made in anticipation of the U.S.-based spot exchange-traded fund (ETF) launches in the U.S. The flagship digital asset dropped below $39,000, marking its […]
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Cryptocurrency

The Coinbase premium is increasing ahead of the ETF

Analyzing the price of cryptocurrencies on Coinbase, especially compared with other global exchanges, is essential for understanding its impact on global market trends. Although the U.S. market may not always lead in terms of trading volume or liquidity, the pricing on Coinbase often sets a trend that resonates across the global cryptocurrency market, underscoring the […]
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Cryptocurrency

Ledger Connect Kit Breach: Hacker Siphons $484K, Company Rolls Out Version 1.1.8

The unknown attacker that compromised Ledger’s Connectkit Library has reportedly siphoned $484,000 from wallets, according to the onchain intelligence firm Lookonchain. Ledger disclosed a former employee fell victim to a phishing attack and the attacker gained access to the Ledger Connectkit Library and uploaded a malicious bug. Ledger Responds to $484K Hack The latest and […]
Cryptocurrency