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Bitcoin (BTC) refused to give up $30,000 at the July 17 Wall Street open as observers placed bets on a step lower next.BTC/USD 1-hour chart. Source: TradingViewBitcoin traders line up downside targetsData from Cointelegraph Markets Pro and TradingView followed what one analyst called “boring” BTC price action into the new
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The start of June saw negative price action across the cryptocurrency market after the U.S. Securities and Exchange Commission (SEC) brought fresh lawsuits against the world’s largest exchanges, Binance and Coinbase.However, the sentiment quickly turned bullish after a crucial exchange-traded fund (ETF) proposal was filed by the world’s largest asset
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Prime Trust may be taken over by the state of Nevada, and the situation seems alarming. Source
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The largest cryptocurrency by market capitalization jumped to as high as $28,150 in a few hours after trading flat around $26,800 for most of the day, CryptoX Indices data shows. It more recently pared some of its gains, dropped to around $27,900, but remains up 5.2% over the past 24
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Glassnode's illiquid supply change metric, which measures the number of coins held by illiquid wallets on a specific date compared with the same day the previous month, rose to 147,351.58 BTC ($3.9 billion) on Monday, the most since Dec. 19. The total held by illiquid entities has jumped to a
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According to reports, problems began at Wyre when it set withdrawal limits for user accounts, claiming the community’s best interests. Wyre, a prominent payments firm in the crypto industry, has recently plans toward the closure of its business as it plans to cease operations by the end of next month. As highlighted
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Japan's crypto industry has been grappling with the travel rule since 2021 when Japan’s Financial Services Agency (FSA) requested virtual asset services providers to implement it. In April 2022, Japan's Virtual Currency Exchange Association (JVCEA) introduced self-regulatory rules accordingly. In October last year, Japan's government approved a cabinet decision to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the recent Shapella upgrade, the proof-of-stake blockchain has now enabled withdrawals for the first time, resulting in a surge of activity among ETH holders who are eagerly staking their tokens with network validators. As a result,
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Uniswap, the decentralized exchange, outpaced centralized exchange Coinbase in April. Source
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Customers of the bank may now use the world’s largest stablecoin for payments. Gibraltar-based Xapo Bank has further established itself as one of the world’s most crypto-friendly institutions. In its most recent move, the bank is set to allow its clients to make Tether (USDT) deposits and withdrawals, starting from the
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