Cryptocurrency Analysis and News Portal
According to data provided by Glassnode, roughly $19.5 billion of BTC, ETH and USDT was brought to the exchanges, last week. Bitcoin leads the inflow with $9.6 billion while the largest stablecoin was not far away, reaching the $9.5 billion mark. As the crypto markets started to recover from the collapse
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Investors are shifting into bitcoin from stablecoins as well as more volatile cryptocurrencies, the report said. Original Source
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Crypto might have a banking problem, but banks don’t have a crypto problem. Source
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Crypto investors are bracing for impact as crypto analysts warn that the current market pressure may be far from over, with bitcoin and other major digital assets facing lower price targets. Crypto analyst and Youtuber, Crypto World, describes his visions and expectations for the price of bitcoin in the upcoming days.
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South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified CBDCs as money The legislation, known as House Bill 1193, was intended to amend provisions of South Dakota’s Uniform Commercial Code to exclude digital
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Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March 9. After a 16-hour negative 8.6% price movement, the indicator fell to $914 billion, its lowest level since
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Cryptocurrency firms operating multiple entities in different countries should be overseen by one consolidated “home” regulator to stop them from playing "games" aimed at skirting regulators, the acting head of the United States banking regulator has opined.Michael Hsu, the Acting Head of the Comptroller of the Currency (OCC) made the
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If we look at crypto exchanges, Silvergate is so well-liked because a) it gives access to banking in the first place and b) Silvergate ran the Silvergate Exchange Network (SEN). SEN, which was recently disabled, allowed 24/7 instant settlement between Silvergate bank clients at any time, including nights and weekends.
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Imran Lakha says the crypto market by and large relies on BTC remaining at its $21-$22k threshold, but with macro trends present, the digital asset could trade lower before it rises. Source
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For now, the value of cryptos can be displayed in Russian rubles, US dollars, euros, and other fiat currencies. In the future, Yandex is planning to add more pairs. Yandex, a Russian tech giant the Yandex search engine, has announced adding cryptos to its currency converter. Now, in addition to the data about
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