Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse
The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, the report said. Source
Read More
moving
Dump Incoming? Rogue BTC-e Is Moving $165M in Bitcoin
After a year of near dormancy, Bitcoin funds of the rogue exchange BTC-e are on the move again. Chainalysis, an American blockchain analysis firm headquartered in New York City, is reporting that 10,000 BTC, worth about $165 million, have been transferred. The destination of the transactions are personal wallets, exchange deposit
Read More
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year – Bitcoin News
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange Commission (SEC). Circle Deepens Relationship With the World’s
Read More
Dogecoin Crosses A 200-Day Moving Average Since June 2021
Although Dogecoin lost much of its value in 2018, it still has supporters who trade it. The majority are using it for
Read More
Dogecoin Above 200-Day Moving Average by Most Since June 2021
And while the MACD (moving average divergence/convergence) histogram, the indicator below the price chart, shows strong upward momentum, the stochastic oscillator has turned lower from above-80 or overbought levels, suggesting scope for a bull breather or temporary price pullback. Chart analysts use the MACD to gauge trend strength and trend
Read More
Institutions ‘moving very, very fast’ into Crypto: Coinbase exec
Institutional adoption of digital assets is “moving very, very fast,” and much faster than the rate nascent industries ordinarily develop at, says Coinbase Senior Advisor John D’Agostino.In an Oct. 18 interview with SALT moderated by Anthony Scaramucci, D’Agostino said that new asset classes often take time to develop, as “institutional
Read More
DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.United States Federal Reserve chairman Jerome Powell has given his verdict on the evolution of the DeFi market, claiming there is a definite need for
Read More
Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov
Cross-chain communication between blockchains is more than just moving data from point A to B, but how it can connect applications and users for enhanced experiences and fewer gas fees in Web3, outlined Sergey Gorbunov, Axelar Network co-founder and CEO, speaking to Cryptox's business editor Sam Bourgi on Sept. 28
Read More
Bitcoin Reverses Course Again, Trades Towards 20-Day Moving Average
Bitcoin’s (BTC) price rose 2.4% on Wednesday on above-average volume compared with its 20-day moving average. Bitcoin started the day in positive territory as traditional U.S. markets opened, logging four consecutive positive candles on its hourly chart. A trading candle represents the open, high, low and close price for an
Read More
Crypto Exchange FTX Is Moving Its US Headquarters From Chicago to Miami
FTX has been steadily building up its presence in southern Florida, including purchasing the naming rights to the NBA’s Miami Heat arena in 2021 for $135 million. Source
Read More