In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers

The famous crypto firm and exchange, Bybit, has been hit by possibly the biggest crypto theft in history. The Dubai-based company said that hackers managed to steal $1.5B worth of digital currency. The attack, which was apparently carried out by North Korea’s Lazarus Group, was a highly sophisticated one. Perpetrators were able to intercept a

The FTX crypto exchange going down will forever be remembered as a dark day in crypto. But props to the company for finally starting to repay creditors. It went through with its first round of repayments on February 18, where it paid out the ‘Convenience Class,’ i.e., investors who lost up to $50K. The next

I. Introduction Bitcoin is often praised as a long-term savings technology, but its role as a medium of exchange is just as important—especially for businesses. From local cafés to large corporations, more merchants are considering bitcoin as a payment option, drawn by its low fees, fast transactions, and ability to reach a global, young and

Another week, another set of fascinating developments to look at on the Africa crypto scene. Nigeria continues to open up to crypto investors as a significant debit card service is now operational in that market. Meanwhile, OKX is betting on Africa’s future as Tether signs a deal with Guinea to be part of its “Innovation

Bitcoin mining is a tough business. When one considers deploying economic resources to mine traditional commodities such as gold, copper or oil, prospecting for those resources in the field is always done beforehand, to ensure that any capital invested in a mining project will not be in vain. But due to the very nature of

Although in their infancy, 134 countries are now exploring central bank digital currencies (CBDCs). That’s 46 more countries than this time last year. Like it or not, Central Bank Digital Currencies (CBDCs) are on track to dominate. Their rise won’t just shake up traditional money—it could reshape the future for cryptocurrencies like Bitcoin and Ethereum,

Bitcoin bulls are rejoicing after the Federal Reserve released meeting minutes indicating a potential end to quantitative tightening (QT). This news has sparked optimism among Bitcoin experts who see it as a bullish signal for the cryptocurrency market. While no explicit shift to quantitative easing (QE) was announced, the acknowledgment of a possible halt to

Avrupa Merkez Bankası (ECB) geçen yıl sıkı para politikasının etkisiyle tarihinin en büyük zararını açıkladı. ECB, 2024 yılına ilişkin finansal sonuçlarını duyurdu. Buna göre, banka geçen yıl faiz politikası nedeniyle 7,94 milyar avro zarar etti. Bu aynı zamanda bankanın yüksek faiz maliyetleri nedeniyle 25 yıllık tarihindeki en yüksek zarar olarak kayıtlara geçti. ECB, 2023’te 6,62

Borsa İstanbul’da BIST 100 endeksi, güne yatay seyirle 9.764,55 puandan başladı. Açılışta BIST 100 endeksi, önceki kapanışa göre 0,88 puan ve yüzde 0,01 artışla 9.76455 puana çıktı. Bankacılık endeksi ve holding endeksi yüzde 0,36 değer kazandı. Sektör endeksleri arasında en çok kazandıran yüzde 0,57 ile finansal kiralama faktoring, en fazla kaybettiren yüzde 1,52 ile ticaret

The Swiss Federal Council has proposed an amendment to include crypto assets in the automatic exchange of tax information (AEOI) framework. This move is aimed at upholding international tax transparency standards and preventing potential tax evasion or financial misconduct related to crypto assets. The proposed changes, if approved by parliament, will allow for the first

Why PayPal is the Worst Place to Buy Crypto PayPal is easily the worst place to buy crypto. And here at 99Bitcoins, we’re here to guide you, inform you, and ensure you don’t miss out on the greatest invention since the internet. THE FOMO IS REAL! Buying BTC Back in the Day Do you ever

Follow Frank on X. The news of USDT (Tether) coming to Bitcoin and Lightning via Taproot Assets has been met with various reactions. Some believe it’s good for Bitcoin (most, actually, based on a small survey I conducted on X; yes, I know the sample size isn’t large enough for the results to be significant. I’M

Coinbase and several of its top executives are facing a shareholder lawsuit accusing them of misleading investors about the company’s bankruptcy risks and violating securities laws. The complaint, filed on 18 February 2025 in a New Jersey federal court by shareholder Wenduo Guo, alleges that Coinbase failed to disclose key information regarding the treatment of

The FTX saga has taken a new turn as the exchange has started repaying its former users, with the first batch receiving $1.2B in repayments. This news could have a significant impact on the crypto industry, especially benefiting meme coins like Best Wallet Token. FTX’s collapse in 2022 had far-reaching consequences, affecting the crypto market