Thursday, June 1, 2023
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EU’s Banking Regulator Highlights AML Risks in Crypto Privacy Coins, Self-Hosted Wallets

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Bitcoin on-chain data highlights the steps BTC is taking to exit the bear market

Glassnode's latest analysis suggests that Bitcoin has built a strong foundation below the $30,000 level, and the current supply structure shows similarities to early 2016 and early 2019.The report shows that the Long-Term Holder (LTH) supply is just shy of a new all-time high with a total supply balance of

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Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming – Economics Bitcoin News

Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. “A stand was made this

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Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking – Economics Bitcoin News

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what

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Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel's upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more importantly, cautiously optimistic after a new round of negative

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Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally

Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines. The recent rally to $25,000 shared many similarities with the

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