Large investor deposits are driving exchange inflows, boosting the average deposit sizes for BTC and ETH. The ongoing bitcoin correction may get worse in the coming weeks due to a current trend among traders and large investors. Analysts at the crypto research firm CryptoQuant have discovered that BTC traders are sending large amounts of…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Asset management firm CoinShares has announced its decision to pull the plug on its different crypto exchange-traded fund (ETF) applications with the United States Securities and Exchange Commission (SEC). This move marks a change in the firm’s strategy as it looks away…
Crypto’s chronic insider trading problem is expanding from token launches to digital asset treasuries (DATs), as investors exploit early knowledge of upcoming corporate coin purchases. The issue runs deeper than a few bad actors, according to Shane Molidor, founder and CEO of the blockchain advisory firm Forgd. He described insider-style behavior as a structural feature…
Key Takeaways Around $114 million was withdrawn from BlackRock’s Bitcoin ETF on Friday. The outflows reflect ongoing volatility and decreasing institutional appetite for Bitcoin exposure. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw approximately $114 million in net inflows on November 28 amid ongoing crypto market volatility. The substantial outflow comes as many investors…
According to CryptoSlam data, NFT sales volume has climbed by 9.78% to $77.04 million, up from last week’s $72.53 million. Summary NFT sales hit $77M as buyers and transactions surge across nearly all major blockchains. DX Terminal on Base jumps 456%, while Algebra and DMarket extend strong multi-week leads. Bitcoin reclaims $90K and Ethereum rises…
PI has lost some of its recent momentum in the past 24 hours. Bitcoin’s price recovery attempts that began last weekend took it to just over $93,000 on Friday, but the asset met an immediate resistance there and was driven south by three grand. Most larger-cap alts are also in the red on a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Swiss government has announced a delay in its plans to implement a major crypto law. This comes as governments worldwide face difficulty in achieving uniform crypto tax regulations, even as the crypto industry heats up with wider adoption. Swiss Government Delays…
From dominance to ban: The 2021 crackdown Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world’s Bitcoin computing power in 2020. In 2021, the Chinese government moved to stop mining activity. Authorities cited concerns…
Key Takeaways The return of a positive premium indicates that US buyers are paying above global prices for Bitcoin. The shift suggests a revival in institutional accumulation following a prolonged negative phase. Share this article Coinbase Bitcoin Premium turned positive, indicating renewed buying activity from US-based institutions after an extended period of negative sentiment. The…
RLUSD recently surpassed $1 billion in supply on Ethereum, as the token gains regulatory approval in Abu Dhabi. Summary Ripple’s RLUSD stablecoin surpassed $1 billion on Ethereum The token grew to this level in less year since launch RLUSD recently secured regulatory approval in Abu Dhabi While the rest of the crypto markets are seeing…
