CMC Crypto News

Reduced mining rewards following the April 2024 Bitcoin halving likely contributed to lower mining efficiency and constrained profits.

Gold(dot)com will integrate Tether Gold, a gold-backed cryptocurrency, into its platform under the partnership agreement.

The business intelligence division contributed to this growth, though recent market volatility pressured the stock price lower.

Bessent stated there appears to be a nihilist group in the crypto industry that prefers no regulation over what he described as “very good regulation.”

The Bitcoin-to-gold volatility ratio fell to around 1.5, a record low, making Bitcoin more appealing on a risk-adjusted basis.

The migration eliminates reliance on cross-chain bridges for the stablecoin backing its event contracts.

Traders pay funding rates to maintain positions indefinitely, enabling 24-hour markets without manual contract rollovers.

The sell-off triggered $47 million in liquidations across XRP derivatives contracts, with nearly $44 million representing long positions.

The German lender characterized the move as a slow erosion of conviction across institutional and regulatory fronts.

Vitalik Buterin executed sales of approximately 2,961 Ethereum worth $6.6 million over three days following his announcement of planned withdrawals from personal holdings.

The firm projects that Bitcoin could target a support zone between $70,000 and $60,000 in the coming months.

MSTR shares declined 13% on Thursday, marking the largest single-day drop in nearly one year.

Derivatives markets amplified the decline as Bitcoin futures experienced their largest long-liquidation event of the current drawdown.

The stablecoin added 35.2 million new estimated users in the fourth quarter to reach a total of 534.5 million users worldwide.

The contracts allow institutional and retail traders to gain exposure to Tezos price movements using either cryptocurrency or U.S. dollars as margin.

Santiment's Positive/Negative sentiment indicator measures the ratio of positive to negative social media mentions for a crypto asset.

CEO Sid Gandhi explained that nearly every bank, fintech, and enterprise cannot move real capital flows on-chain if their financial data is exposed to the world.

Bhutan has accumulated approximately $765 million in Bitcoin since launching state-owned mining operations in 2019, powered primarily by hydroelectric energy.