Cryptocurrency Analysis and News Portal
The Singaporean crypto-fiat payment gateway, Alchemy Pay, announced a further expansion into the United States market on Nov. 23 with the acquisition of its money services license in the state of Iowa. According to local state regulations, any entity or individual engaged in currency exchange or money transmission business in Iowa
Read More
The National Pension Service (NPS), a public pension in South Korea and one of the world’s largest pension funds, bought just over 280,000 shares of the global cryptocurrency exchange Coinbase in the third quarter of this year, an investment that has gained 39% in value since the purchase.The NPS acquired
Read More
ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD).On Nov. 8, ARK made a massive Robinhood stock purchase, bagging a total of 1.1 million shares for about $9.5 million in one day, according to a trade
Read More
BitGo confirms that it is delighted that its efforts to secure the new license have finally paid off. Crypto custody firm BitGo is now fully licensed to carry out its custody business in Germany, according to a recent CoinDesk report. This follows after the United States-regulated firm recently secured the appropriate
Read More
Data from Glassnode shows that long-term ETH holders are still holding onto their positions while whales shy away from accumulating too much. The amount of ETH supply last active between 7-10 years ago hit an all-time high of over 5.3 million ETH. This indicates these long-term holders are not selling out
Read More
Electric vehicle maker Tesla made no changes to its sizeable Bitcoin (BTC) holdings — the fifth quarter in a row — though it has directed more funds to double its computing capacity amid artificial intelligence efforts.Tesla’s Q3 2023 results released on Oct. 18 show as of Sept. 30, it held
Read More
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain. Source
Read More
The development aligns with Coinbase’s goals of expanding its business across Europe. The Bank of Spain has approved for American crypto exchange Coinbase to begin offering its range of services to retail and institutional investors within the country. This follows after it found the exchange to have duly registered and in
Read More
Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2
Read More
Bitcoin (BTC) holdings owned by speculators are nearly 90% in the red after the “flash crash” to $26,000, new research says.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode reveals the true cost of last week’s BTC price dip to newcomers.Short-term holders “increasingly sensitive” to BTC
Read More