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Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges

Nexus Mutual, a startup that provides a decentralized alternative to insurance, is extending its community-based offering to cover users of well-established cryptocurrency exchanges such as Coinbase, Binance, Kraken and Gemini.Until now Nexus, which uses digital tokens to revamp the traditional idea of mutual cover, was only focused on the world

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Bitcoin Whales Are Making Fewer Deposits of BTC to Crypto Exchanges

Summary:Bitcoin whales are depositing less BTC to crypto exchangesThis is a possible sign of seller exhaustion by Bitcoin whalesInstitutional investors continue scooping up BTCBitcoin could very well attempt a $30k all-time highBitcoin whales are making fewer deposits of their BTC to crypto exchanges. This is according to an analysis by

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‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows

Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spend among entities is decreasing, which means the liquidity is declining.If Bitcoin (BTC) liquidity is low, it means there is less BTC available to buy and sell. In the medium term, this

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Quick Bitcoin Price Recovery Looks in Doubt as Whales Move Coins Onto Exchanges

Bitcoin may have a tough time charting a V-shaped recovery to recent highs in the short term, with on-chain activity showing increased selling pressure in the market.Blockchain analytics firm CryptoQuant’s exchange inflow indicator – which measures the 144-block (roughly 24-hour) average of mean bitcoin deposits across major cryptocurrency exchanges –

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Exchanges outdo auctions for governments cashing in criminal crypto, says exec

Earlier this week, Lithuania's tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the country joined the growing number of

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Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges

Sygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange.On Thursday, the company announced an “end-to-end tokenization solution,” comprising of both a primary market issuance platform called Desygnate, and SygnEx, a secondary market

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Bitcoin price suddenly drops 11% as whales move BTC to exchanges

Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500.BTC price hits $17,250 lowsData from Cryptox Markets and TradingView showed BTC/USD experiencing major volatility overnight on Wednesday.After nearly hitting $19,500 during the day’s trading, after-hours saw a period of bearish

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