Cryptocurrency Analysis and News Portal
“Had Figure not withdrawn its application, both law and common sense would have dictated that regulators reject it,” said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, in a statement that accused the company of making insufficient plans to meet a bank’s customary obligations under the
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Supply is likely dropping as traders and investors increasingly choose to self custody bitcoin holdings amid regulatory and exchange risks. Source
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“The increase in the number of wallets with $1,000 and $10,000 has upticked since the second week of January,” Bitfinex analysts noted, adding the metric was a sign that smaller investors were likely "just joining" the bitcoin rally while whales hold their spot positions. Original Source
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Bitcoin is still stalling in terms of its price movement and has not made any significant jumps in the past couple of weeks. However, there could be a change in the trajectory of the digital asset in the coming weeks as the Bitcoin MVRV Ratio could be announcing a bottom
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This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token (NFT) collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs.The aforementioned partnership is between the Latin Recording Academy, which is behind the Latin Grammys, and OneOf, a Web3 music platform. Each collection, which
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Ethereum is back on another winning streak as it breaks above $1,900. This follows a weekend that was mostly characterized by low momentum but would eventually turn for the better. In the wake of this, there have been a lot of short liquidations in the market due to the recovery.
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Bitcoin exchange balances have been on the decline since the bull rally began. The volumes were expected to go up once the digital asset had hit a new all-time high in October. However, this was not the case. Previous trends have often pointed to exchange balances seeing an increase in
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Recent data from market analyst firm CryptoCompare reveals that the leading six cryptocurrency exchanges, as per the company's analytical model, were responsible for a three-year high in spot volume throughout the month of August. The metric grades all cryptocurrency exchanges across a multitude of areas — including legal/regulatory cases, data provision,
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ADA, a cryptocurrency backed by blockchain network Cardano, reached its best levels in the previous three years amid a major capital influx from Bitcoin to the altcoin market. The ADA/USD exchange rate hit $0.51 after rising more than 15 percent during the Asian session Friday. The pair’s gains appeared as a
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The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility.The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s the lowest 10-day reading in nearly three years.“Last time we
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