Crypto News
Top College Football Pick Inks Bitcoin Contract With University of South Carolina
“This is a game-changer for me,” said Tagoa’i. “By taking part of my NIL earnings in Bitcoin, I’m setting myself up for long-term financial growth.”Source link
Ledger Users Targeted in New Data Breach Phishing Campaign
Users of the Ledger series of hardware wallets are being targeted as part of a widespread phishing campaign that takes advantage of earlier data leaks. Some users have received emails alerting them to a data breach that could have exposed their seed phrases to attackers. Ledger Users Receiving Data Breach Emails in Phishing Campaign AttackersSource link
Crypto Daybook Americas: China’s Economic Woes Offer Hope as Fed Rate Talk Crashes BTC
By Omkar Godbole (All times ET unless indicated otherwise)Keeping an eye on the Far East has been our mantra lately, and the latest news from the Chinese bond market shows why. Just today, China's one-year government bond yield dropped below 1% for the first time since the Great Financial Crisis, adding to the year-to-date downturn. The benchmark 10-year yield slipped to 1.7%.How does that play out for risk assets like bitcoin, which slumped overnight? Well, there are two key reasons to feel optimistic. For a start, the continued decline in yields suggests Beijing will have to roll out more aggressive stimulus measures than we saw earlier this year.Jeroen Blokland, the founder and manager of the Blokland Smart Multi-Asset Fund, put...
Long-Term Bitcoin Holders Have Sold 1M BTC Since September: Van Straten
Bitcoin (BTC) is currently trading 13% below its record high of around $108,000, the most since President-elect Donald Trump won the U.S. election in early November. Since then, the largest cryptocurrency has spent several periods at 10% below the record, a level that some investors term a correction.The selling pressure originates with long-term holders (LTHs), which Glassnode defines as investors who have held bitcoin for at least 155 days. They tend to sell into price strength after accumulating bitcoin when prices are depressed.LTHs were already distributing a significant amount of BTC about a week ago, previous CoinDesk research showed. Since then, they've picked up the pace and have reduced their total holdings to about 13.2 million BTC from around 14.2...
Coinbase Revenue Outpaces Nasdaq—Here’s What Analysts Say It Means
Coinbase still has lower volume, "but because they charge higher fees, that's where they have higher transaction revenue," an analyst said.Source link