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An uptick in Bitcoin (BTC) supply to whales' addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows.Whales, fishes take a break from BitcoinThe sum of Bitcoin being held in addresses whose balance was at least 1,000
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United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on the Blockchain The AFCM has, in conjunction with the UAE’s Ministry
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Thinner markets, of course, mean that it doesn’t take as much to move prices as it once did. For an example, look no further than a week ago, Saturday, Feb. 5, when bitcoin finally broke above $40,000 and stayed there for the first time in over a week. Volumes the
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In an online survey of 3,250 U.S. consumers in December, the bank found 680 were cryptocurrency users, with 65% of those having gotten into crypto for the first time over the preceding 12 months. In no surprise, Deutsche found that most investors got into the space primarily to make money.
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Bitso, a Mexico-based cryptocurrency exchange, is expanding and strengthening its push into the Colombian market in the midst of growing interest in these new technologies in the country. Bitso has appointed Emilio Pardo as a new country manager, to debut the start of operations in Colombia in partnership with Banco
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The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound
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Ethereum dropped below $3,000 to start the weekend, as cryptocurrency prices fell for a second consecutive day. Bitcoin was also lower, giving up some of this week’s gains in the process. Bitcoin Following a surge to a high above $45,000 to start the week, bitcoin prices fell for a third straight
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The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022. Narrowing the Financial Exclusion Gap The Zambian central bank has said it expects to complete a research
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CFTC chair Rostin Behnam also requested that Congress fund his agency with an additional $100 million to properly oversee crypto markets. Source
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“For the third week in a row, institutional participants have been investing in crypto funds, according to CoinShares. On the intraday chart, you can see purchases at the close of the American session, which clearly demonstrate the interest of the institutionalists in this region,” Kuptsikevich noted. Original Source
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