Digital assets manager CoinShares says institutional crypto products saw heavy inflows across the board last week. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors are upping their allocations to crypto as digital asset investment products see their seventh consecutive week of inflows. “Digital asset investment products saw inflows totaling US […]
The creators of the Backpack wallet are reportedly gearing up to launch a new crypto exchange with the ethos of properly securing user funds. Trek Labs, a firm led by Backpack wallet creator Armani Ferrante and former FTX general counsel Can Sun, has received a crypto license from the United Arab Emirates’ regulators, the Wall […]
A longtime Bitcoin investor and his father discovered last week that they were robbed of ~25 BTC ($919,000) in September that the family had held in a personal wallet since 2012. The online Bitcoin community is now coming to their aid, with the victim proposing a 23 BTC bounty to anyone who can recover the […]
With Bitcoin at the forefront, the past week witnessed a continuous influx of funds into digital asset investment products, reaching a total of $293 million. This notable increase solidified a seven-week streak of positive flows, surpassing the $1 billion mark in cumulative inflows during this period. Indeed, this performance stands out as the third-highest annual […]
Less than half billion XRP gets moved to new whale wallet
In a year marked by unprecedented growth, the cryptocurrency landscape is witnessing a substantial surge in the number of crypto wallet addresses holding over $1 million in Bitcoin. The data is striking, indicating a threefold increase in such millionaire wallets, rising from 23,795 at the beginning of the year to an impressive 81,925 currently. This […]
Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users.
Closely followed crypto analyst Benjamin Cowen is laying out a potential price target for Bitcoin (BTC) in late 2025 based on historical market cycle patterns. In a new strategy session, Cowen takes a look at logarithmic regression bands, which aim to plot out potential tops and bottoms of market cycles based on diminishing volatility. Cowen […]
Cryptocurrency investors now find themselves in a position where they must grasp these traditional financial concepts and understand how they can be …
Undoubtedly establishing itself as a standout performer in the expansive altcoin market, Solana has achieved exceptional growth over the course of the past year, marking an impressive surge of nearly 300%. This remarkable ascent underscores Solana’s resilience and appeal within the cryptocurrency landscape. The cryptocurrency has not merely kept pace but has outpaced many of […]
Cboe Digital today announced plans for margin Bitcoin and Ethereum futures. The move will mean the platform will become the first to offer both spot and leveraged derivatives trading in one place, Monday’s announcement said. A margined futures contract requires the buyer and seller to deposit an initial margin and maintain a minimum margin balance […]
Bitcoin mining firm Core Scientific filed a disclosure statement for its third-amended bankruptcy recovery plan on Monday, which incorporates key terms from its Restructuring Term Sheet filed in late October. The new filing features a concrete timeline for how the firm will gain support for the plan from key stakeholders and emerge from bankruptcy before […]
A Bitcoin whale has embarked on a massive selling spree, offloading 411 WBTC worth $15.2 million
Bitget has abandoned its pursuit of a Virtual Asset Trading Platform license in Hong Kong. This decision is attributed to factors related to the crypto exchange’s business and the digital asset landscape, the company said in its official statement today (Monday). Bitget’s Hong Kong division, BitgetX, will cease operations by December 13, 2023. After this […]
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.
The cross-border nature of typical cryptocurrency transactions makes transfer pricing analyses critical to ensuring compliance with local …
A crypto expert has disclosed a bullish outlook for the XRP price during the upcoming bull run, highlighting XRP’s advantage over other altcoins due to its lack of ties with China’s CCP. Crypto Influencer Predict XRP Bull Success A crypto influencer on X (formerly Twitter) called BoringSleuth has expressed his sentiment about XRP’s potential success […]
A trader who nailed the top of the 2021 Bitcoin (BTC) bull market believes rallies are in sight for Ethereum (ETH) and one additional altcoin. Pseudonymous analyst Pentoshi tells his 711,700 followers on the social media platform X that Ethereum looks poised to take out a resistance level that has held for over a year. […]
In a noteworthy shift from their historical stance against regulation, the non-government organization “Bitcoin Argentina” has presented a draft bill proposing a novel strategy to regulate the cryptocurrency market. The proposal stands out for its emphasis on maintaining the core principles of blockchain while addressing concerns related to malicious actors in the industry. Key Features […]
The 118-day Hollywood actors’ union strike ended with an agreement on AI usage, though not everyone in the industry sees it as the right move.
Top Stories This Week CME overtakes Binance to grab largest share of Bitcoin futures open interest Bitcoin’s futures market is showing an interesting shift as global derivatives marketplace the Chicago Mercantile Exchange (CME) has surpassed Binance in terms of Bitcoin futures open interest. This change occurred after Bitcoin exceeded the $37,000 mark for the first […]
Binance’s dominance over the centralized crypto exchange market has weakened over the past year, according to a new report from 0xScope. Estimates from the blockchain analytics firm suggest that Binance’s trading volume and other indicators are “around 10% lower overall,” while competition from OKX and other “second-tier exchanges” grows stiffer. Binance’s Second Tier Competitors Per […]
… cryptocurrency's substantial role in the region. However, it's vital … cryptocurrency. The coexistence of a booming fintech sector and the …
Bitcoin price is correcting gains from the $38,000 zone. BTC is now consolidating and might aim for more upsides above the $37,250 resistance zone. Bitcoin started a downside correction from the $38,000 resistance zone. The price is trading near $37,000 and the 100 hourly Simple moving average. There is a short-term declining channel forming with […]
A trader who continues to build a following with timely Bitcoin (BTC) calls thinks the crypto king may rally to $60,000 quite soon. Pseudonymous analyst DonAlt tells his 507,100 followers on the social media platform X that BTC could see furious rallies in the coming weeks. The analyst says BTC’s chart looks primed to go […]
The CNMV’s head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities.
Best-selling finance author Robert Kiyosaki is doubling down on Bitcoin (BTC) and gold, and says governments no longer care about their people. In a new thread, Kiyosaki tells his 2.4 million followers on the social media platform X that investors should be stockpiling hard assets like BTC to defend themselves. “I keep buying more gold, […]
Celestia’s TIA token has surged 122% since launch. It’s crucial for blockspace payment, governance, proof-of-stake, and bootstrapping new rollups on the Celestia Network. THORChain’s RUNE token rose 588% from its June low, with the introduction of some much anticipated developments. Polygon’s MATIC has surged 78% in a month, on the back of the introduction of […]
OneCoin’s head of legal and compliance Irina Dilkinska has pleaded guilty this week to wire fraud and money laundering charges in connection to the crypto scam that deceived and resulted in a $4 billion fraud. The DOJ said that the US District Judge Edgardo Ramos accepted Dilkinska’s guilty plea. According to the official press release, […]
Finder's panel of 31 cryptocurrency and fintech specialists predict ETH on average will be worth US$1.8k at the end of the year, on par with its …