Bitcoin investors are creating a “supply shock” by stockpiling the cryptocurrency in anticipation that the record-breaking price rally is not yet over, according to a new report.Crypto research firm Kraken Intelligence attributed bitcoin’s recent all-time high to this phenomenon, warning that long-term holders are continuing to accumulate BTC rather than taking profits, thus pushing the…
A bitcoin wallet that has been dormant since the time that the cryptocurrency’s anonymous creator was still active online has suddenly activated.The wallet was last used on 17 May, 2010, less than one year before the pseudonymous Satoshi Nakamoto sent their final emails to fellow crypto developers.Follow The Independent’s live coverage of bitcoin and the…
Just over a year after launching and declaring itself the “dogecoin killer”, Shiba Inu coin has overtaken its more famous rival to become the world’s most valuable meme coin.The cryptocurrency is one of several new tokens that use the same dog-themed branding as dogecoin – alongside Floki Inu, Doge Dash and Dogelon Mars – but…
The price of bitcoin has bounced back above $60,000 on Thursday after two flash crashes on Wednesday wiped hundreds of billions of dollars from the crypto market.Ethereum, Solana, and Cardano also slipped in price by between 5-15 per cent during the crash, though several meme coins bucked crypto market trends to record new all-time highs.The…
Bitcoin has suffered two flash crashes over the last 24 hours and is currently trading below the $60,000 mark, having reached close to $64,000 at the start of the week. Ethereum, Solana, and Cardano also slipped overnight by between 5-15 per cent amid a market-wide slide that was notably bucked by the meme coins Shiba…
Amid a bitcoin price crash that wiped hundreds of billions of dollars from the crypto market, one meme coin has bucked the trend by surging to a new all-time high on Wednesday.Shiba Inu (SHIB) rose by more than 42 per cent, building on gains of more tan 700 per cent since the start of October.…
Bitcoin has suffered two flash crashes over the last 24 hours and is currently trading below the $60,000 mark, having reached close to $64,000 at the start of the week. Ethereum, Solana, and Cardano also slipped overnight by between 5-15 per cent amid a market-wide slide that was notably bucked by the meme coins Shiba…
Bitcoin has suffered two flash crashes over the last 24 hours and is currently trading below the $60,000 mark, having reached close to $64,000 at the start of the week. Ethereum, Solana, and Cardano also slipped overnight by between 5-15 per cent amid a market-wide slide that was notably bucked by the meme coins Shiba…
The price of bitcoin has crashed on Wednesday morning, dropping by thousands of dollars in the space of just a few minutes.The cryptocurrency fell below $59,000 following the flash crash, down more than $5,000 from the levels it was trading at earlier this week.The latest price drop comes less than a week after BTC hit…
Bitcoin has steadied on Tuesday after a brief surge at the start of the week spurred on by comments from Elon Musk about his crypto holdings.The tech billionaire confirmed that he bought a significant amount of bitcoin, Ethereum (ether) and dogecoin, though denied owning any other altcoins like Shiba Inu or Floki Inu.The two meme-inspired…