Movement of dormant Bitcoin addresses has been sporadic this year, with most causing a stir and rising interest amongst the Bitcoin community. In the latest record of whale transactions this year, on-chain data has shown that a set of dormant Bitcoin from 2017 has moved for the first time in six years.  Peckshield, a blockchain security and data analytics firm, […]

Shares of Sylvamo Corporation (SLVM) are up more than 5% Wednesday morning after the company announced an additional share buyback of $150 million. At the end of the second quarter, the company had about $30 million remaining in the $150 million share repurchase program announced in May last year. The company also declared a dividend of $0.30 per share for […]

Shares of Steelcase Inc. (SCS) are rising more than 25% Wednesday morning after reporting better-than-expected second-quarter results. The company’s third-quarter as well as full-year earnings outlook came in above analysts’ view. Net income in the second quarter increased to $27.5 million, or $0.23 per share from $19.6 million, or $0.17 per share in the same quarter a year ago. Excluding […]

Crypto market capitalization decreased on an overnight basis in the run-up to another Federal Open Markets Committee decision due on Wednesday afternoon. Most of the cryptocurrencies appeared overwhelmed by fears of the Fed’s stance now as well as going forward. The Federal Reserve is widely expected to skip a rate hike but anxiety lingers over the tone and language of […]

Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the recent low. As NewsBTC reported, the rally was largely led by the futures market and a massive increase in open interest of over $1 billion, more than half of which was flushed out when BTC […]

Bitcoin enthusiasts have had much to celebrate this week as the leading cryptocurrency surged past the $26,000 mark, marking an impressive 5% gain. This bullish momentum remained largely unshaken even in the wake of the US Consumer Price Index release, which indicated a 0.6% uptick in inflation. However, amidst Bitcoin’s present subdued volatility in the market, speculation is rife among […]

Bitcoin has had an eventful week, gaining by over 5% to trade above the $26,000 price. Even following the release of the US Consumer Price Index, which showed an inflation rise of 0.6%, the premier cryptocurrency remained resilient with little to no price drops. As BTC now hovers around the $26,500 price mark, market analysts and crypto enthusiasts continue to […]

In the realm of cryptocurrency, stories of incredible wealth made through minimal investments are rare but inspiring.  One such remarkable story belongs to Kristoffer Koch, a Norwegian individual who in 2009 decided to put a modest sum of approximately 150 Norwegian Krona (around $26 at the time) into Bitcoin. At that time, little did he imagine that this seemingly inconsequential […]

Since its inception, Ethereum has continuously been compared to Bitcoin with the former being hailed as a better option to the latter in some cases. As the years have flown by, the competition has gotten even fiercer, especially with ETH growing rapidly. Eventually, Ethereum seems to be catching up with Bitcoin, especially in terms of active addresses. Ethereum Active Addresses […]