Tag: Billion

[ad_1] Bitcoin (BTC), the oldest and largest cryptocurrency, closed last year with a loss of more than 60%. The mining industry also suffered from BTC’s sharp price declines, with revenues falling 37.5% in 2022 to $9.55 billion. According to Glassnode data, mining revenues stood at $15.3 billion in 2021....

[ad_1] TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement. Let’s consider this summary: TRON’s seven-day jump was less...

[ad_1] Meta (formerly Facebook) officially declared its entry into the metaverse space last year with the Reality Labs division. Its announcement had understandably triggered the popularity of metaverse projects and their tokens during this time, as a lot went on to rally to billions of dollars in market cap....

[ad_1] Crypto scams are on the rise, according to the latest report published by the US Federal Trade Commission (FTC). Since the start of 2021, more than $1 billion worth of digital assets have been lost in cryptocurrency scams. The fraudulent activities affected approximately 46,000 people. According to the...

[ad_1] One of the biggest BTC addresses recently transferred approximately 45,000 bitcoins to 2 unknown wallets. When BTCUSD price is on the rise large transfers are often seen. Today’s BTC transfer is certainly among the biggest. 45,000 bitcoins in today’s markets price are worth over $2 billion. Whale transfers...

[ad_1] On January 14, FTX, a popular Bahamian-based    cryptocurrency exchange  Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the...

[ad_1] According to blockchain research firm Chainalysis, scam involving crypto reached an all-time high of $14 billion last year, a record that comes as regulators demand for more power over the fast-growing sector. Growing Interest In Crypto Fueled Most Scams Cryptocurrency crime set a new high in 2021, according...

[ad_1] Grayscale could launch its Bitcoin (BTC) exchange-traded fund (ETF) as soon as July 2022, one of its executives has said. Speaking at a virtual event organized by MarketWatch on Oct. 27, Grayscale’s global head of ETFs, David LaValle, gave a nine-month timeline for approval by U.S. regulators. Grayscale:...

[ad_1] Ethereum makes up a large part of crypto-asset manager Grayscale’s portfolio. In a recent report, it shows that Grayscale now has over 3 million ETH in its asset under management (AUM), amounting to more than $10 billion. This makes the asset manager one of the largest holders of...