Countries and institutions move into crypto despite market drop: Report

The crypto markets have been in decline since the start of the second quarter of 2022. Each time it seemed like the apparent crypto winter would experience a minor thaw, another notable... Read more »

Cryptocurrency market is ‘most mature’ in these 2 countries, new Huobi report reveals

Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else. The latest data compiled by exchange Huobi confirms that in 2022, the... Read more »

Mazars says users’ BTC reserves on Binance are fully collateralized

South African auditor Mazars confirmed on Dec. 7 that cryptocurrency exchange Binance possessed control over 575,742.42 Bitcoin (BTC) of its customers, worth $9.7 billion at the time of publication. Mazars stated that... Read more »

Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry

Bitcoin (BTC) price crashed to $15,500 on Nov. 21, driving the price to its lowest level in two years. The 2-day-long correction totaled an 8% downtrend and wiped out $230 million worth... Read more »

US lawmakers want State Department to justify crypto rewards and disclose payouts

The United States lawmakers have proposed an amendment to the State Department Basic Authorities Act of 1956 that includes information on crypto rewards and payouts. The proposed amendment under the National Defense... Read more »

Bitcoin on-chain data shows 5 reasons why the BTC bottom could be in

After a whirlwind November for Bitcoin (BTC), certain on-chain and Bitcoin price metrics are suggesting that BTC’s bottom could occur in December. In Capriole Investments’ latest report, they provide analysis on Bitcoin... Read more »

Bitcoin clings to $17K as ARK flags ‘historically significant capitulation’

Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the... Read more »

Silvergate CEO calls out ‘short sellers’ spreading misinformation

Silvergate Capital CEO Alan Lane has slammed “short sellers” and “other opportunists” for spreading misinformation over the last few weeks — just to score themselves a quick buck.  In a Dec. 5... Read more »

Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market

Bitcoin (BTC) price is showing notable resilience at the $17,000 level, and according to data from Glassnode, a number of metrics that track the pace of selling and the on-chain behavior of... Read more »

Audit firm Mazars to verify KuCoin’s proof of reserves

Crypto exchange KuCoin hired the international accounting firm Mazars for a third-party audit of its proof of reserves (PoR).  According to an announcement on Dec. 5, the verification will provide the exchange... Read more »
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