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Coinbase’s partnership with Lightspark for Bitcoin Lightning Network integration enhances transaction efficiency. Lightspark’s advanced technology streamlines Lightning Network access, offering low-cost BTC transfers. The collaboration empowers Coinbase with reliable, scalable node infrastructure, driving global financial innovation. Coinbase , a leading cryptocurrency exchange, has announced a strategic partnership with Lightspark to integrate the Bitcoin Lightning Network. The collaboration aims to revolutionize the way users conduct Bitcoin (BTC) transactions, offering them enhanced speed and cost-efficiency. Lightspark, in an exclusive blog post, revealed the culmination of their efforts spanning nearly two years to refine their platform as the premier gateway to the Lightning Network. With Coinbase onboard, clients can now enjoy seamless access to low-cost and almost real-time BTC transfers. Lightspark’s advanced technology, including...

Bybit will list VELAR, the native token of Bitcoin liquidity protocol Velar on April 3. Velar’s listing on Bybit will be via an initial exchange offering and marks a major milestone for Bitcoin ecosystem. Velar is set to launch its native token VELAR via an Initial Exchange Offering (IEO) on crypto exchange Bybit. The Bitcoin liquidity protocol said in an announcement on Wednesday that VELAR will go live on Bybit on April 3 and will coincide with its Initial DEX offering. Also notably, VELAR on a top tier crypto platform aligns with the project’s roadmap for accelerating its growth and adoption across the global marketplace. According to a news release shared with CoinJournal, this is significant milestone for the DeFi ecosystem on Bitcoin. In particular,  Velar’s launch is expected to bolster liquidity and utility within the Bitcoin DeFi ecosystem. Bybit’s position as one of the world’s top spot and derivatives exchange p...

In the crypto world, there’s a noticeable shift in how big investors are playing the game. Institutional traders are increasingly leaning towards Bitcoin and Ethereum as safer choices, as shown by a recent Bybit Research report.  Meanwhile, the big players, or ‘whales’, are getting more interested in a new AI cryptocurrency ICO, signalling a change in investment trends in the crypto space. InQubeta (QUBE): the new focus for crypto whales As per the experts, the AI narrative is going to be the big thing in the next Bull Run. Given the level of development in this sector, it only makes sense to invest in emerging ventures. However, there are significant barriers to owning a stake in these companies. This is where InQubeta comes to the rescue. InQubeta’s introduction marks a significant shift in the crypto investment landscape. The platform, through its QUBE token, offers a unique approach to AI startup investments, allowing fr...

Key takeaways BTC’s price has dropped below the $37k level as the bears gain control of the market. The Memeinator presale has officially crossed the $1.5 million milestone. The cryptocurrency market has been bearish since the start of the week, with Bitcoin and other major cryptocurrencies trading in the red zone. However, the  Memeinator presale has just hit a new milestone and is set to go higher.  Bitcoin and altcoins underperform Bitcoin and altcoins have been underperforming over the last few days. BTC has lost more than 1% of its value over the last 24 hours. At press time, the  price of Bitcoin stands at $36,912 per coin.  Leading altcoins including Ether, BNB, Solana, ADA, DOGE, and TRX, have all lost more than 2% of their value over the last 24 hours. What is Memeinator? Memeinator is a Web3 project designed to help content creators generate better content. It intends to change how people view memes. The project ...

Digital asset investment products recorded inflows of $293 million last week. Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million. A report by CoinShares shows year-to-date inflows have surpassed $1 billion. Inflows into digital asset investment products hit $293 million last week, the seventh consecutive week of positive flows.  According to data from asset manager CoinShares, the 7-week streak of inflows has brought the total year- to -date flows into crypto exchange traded products to $1.14 billion. This follows increased institutional interest that has pushed yearly inflows YTD to its third highest yearly level.  Meanwhile, total assets under management (AuM) in cryptocurrencies have increased 9.6% this past week. The weekly flows report shows total AuM stood at $44.3 billion last week, up 99% this year and at the highest level since May 2022. Bitcoin inflows hit $240 million last week In specific investment products, ...

Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.3% in September as it continued to install new miners and “fully energised” its facility in Rio Cuarto to 51 MW. Bitcoin still holds 703 BTC in total The Canadian miner produced a total of 411 bitcoins last month – of which it sold 362 for about $9.5 million. Geoff Morphy – the Chief Executive of Bitfarms said in a press release today: We continue to believe that many of our best opportunities for growth and investment will arise around the next Bitcoin halving expected to occur in April 2024. The Toronto-headquartered firm still holds nearly $20 million worth of Bitcoin (703 in total). Its total operating capacity now sits at 233 MW. Shares of the Bitcoin Mining company are still down about 40% vers...

Key takeaways Bitcoin has settled above the $26k level and could be heading towards the $27k resistance level soon. Chancer’s stage two presale is now closing in on the $2 million mark. The cryptocurrency market is having a positive week so far. The prices of most cryptocurrencies are up by 2% since the start of the week and could record further gains in the near term. Chancer’s presale continues to break new records and is now closing in on the $2 million mark. Bitcoin eyes the $27k resistance level Bitcoin, the world’s largest cryptocurrency by market cap, is having a positive week so far. BTC has added more than 2% to its value over the past few days. At press time, the  price of Bitcoin stands at $26,283. The positive performance comes despite FTX gaining approval to sell its crypto assets and the rising inflation levels in the United States. Bitcoin’s positive performance also saw some altcoins like Solana and Toncoi...

Source: Adobe/DedMityay Bitcoin (BTC) whales are now unloading coins at a pace never before seen as measured on a 30-day basis. In total, whales have offloaded some 280,000 BTC in the past 30 days, data from the on-chain Analysis firm Glassnode showed as of Sunday. That is the highest number of any 30-day period, according to the firm. According to estimates, the so-called Bitcoin whales – defined as those holding more than 1,000 BTC – control a combined 9 million BTC. The massive number makes up nearly half of the circulating BTC supply, which currently stands at 19.24 million BTC. Broken down into smaller segments, the Glassnode data showed that whales with between 1,000 and 10,000 BTC hold a combined 3.6 million coins, those with between 10,000 and 100,000 BTC hold a combined 1.9 million coins, and those with more than 100,000 BTC in their wallets hold 3.6 million coins. Source: Glassnode It is unclear exactly why the Bitcoin whales have been selling ...

Investors appear to be preoccupied with the final match of the FIFA World Cup 2022 in Qatar, as the cryptocurrency market is devoid of volatility on Sunday. Given this, the Bitcoin price prediction hasn't changed much throughout the day, as BTC remains above the important support level of $16,550.  Following the collapse of FTX and concerns that Binance is in jeopardy, most crypto trading platforms are holding payments due to liquidity concerns.  Giant DCG Locked Nearly $300 Million in Crypto Amid Liquidity Issues Bitvavo, a cryptocurrency trading platform based in the Netherlands, claims that Digital Currency Group (DCG) is holding back hundreds of millions of dollars owing to liquidity concerns.  Bitvavo has announced in a recent statement that DCG, which offers off-chain staking services to Bitvavo, has suspended repayments until the company's current liquidity situation is resolved. Bitvavo maintains that the problems being experienced by DCG will ...