Bitcoin (BTC) starts a new week at comfortable highs as traders compete for Bitcoin’s upcoming price action. As macroeconomic uncertainty continues to increase, Bitcoin is consolidating its new trading zone above $30,000. The highest weekly close since early May...
The Bloomberg Billionaires Index revised its estimate for cryptocurrency exchange Binance’s revenue, lowering it by 38% as data showed a decline in trading volumes this year. The review had a major impact on the fortune of Binance founder Changpeng...
LUNA, the native token of the Terra 2.0 blockchain, was among many gainers last week to be positively impacted by Bitcoin’s impressive rally towards the $35,000 mark. According to data from CoinMarketCap, LUNA has risen by 13.96% in the...
When cryptocurrency mining is discussed in the US Congress, it is often linked to claims that mining operations are environmental parasites, draining limited energy resources. But representatives of the sector flocked to their offices on Capitol Hill this week...
Hopes for the approval of a spot Bitcoin (BTC) exchange-traded fund by the US Securities and Exchange Commission boosted the price of Bitcoin by 27% in October. This improved sentiment, attracting strong buying by cryptocurrency investors. ProShares Bitcoin Strategy...
Taiwan has taken its initial steps towards regulating digital assets by submitting a draft cryptocurrency law to the Legislative Yuan for its first reading. The proposed legislation, known as the Virtual Asset Management Bill, aims to define virtual assets,...
According to the latest on-chain data, wallet addresses linked to the now-bankrupt FTX exchange and Alameda Research have transferred significant amounts of crypto assets over the past week. This chain of money movement was first highlighted by prominent blockchain...
In a lawsuit filed as part of Genesis’ bankruptcy case, Gemini is seeking control of GBTC shares, which, Gemini said, “will secure and satisfy the claims of each individual customer” — whose funds were locked up when Genesis froze...
Institutional investment vehicles in Bitcoin (BTC) are seeing a surge in volume as excitement grows over potential regulatory changes in the US. Data from resources including Bloomberg showed that exchange-traded funds (ETFs) and others are approaching record weekly inflows....
BSO, an infrastructure and connectivity provider, has partnered with CryptoStruct, a market data and trading solutions provider for algorithmic traders, to develop its own cryptocurrency trading solution. BSO’s ultra-low latency cloud connectivity solution known as Crypto Cloud Connect, serves...