4-week correction for Bitcoin? Mt. Gox, Germany gov't add sell-pressure

The U.S. coronavirus stimulus package dwarfs cryptocurrency’s all-time market cap high by 240%. 213 Total views 2 Total shares The U.S government recently unleashed a $2 trillion stimulus package to help Americans offset the economic impact of COVID-19. That figure is more than double the amount of all the speculative capital locked up in the…

Asset managers and companies currently hold over 6% of Bitcoin’s (BTC) circulating supply, according to Buy Bitcoin Worldwide. A breakdown of the data shows Bitcoin fund issuers and asset managers hold about 4% of Bitcoin’s supply, public companies account for nearly 1% and private companies own roughly 0.83% of the cryptocurrency’s supply. It's clear that institutional…

A recent price rally in the Solana (SOL) market ran out of steam midway as traders’ attention shifted to crypto-focused hedge fund Alameda Research’s insolvency rumors.Alameda Research insolvency rumors affect SOL On Nov. 7, SOL’s price plunged nearly 6% to about $30.50. The intraday selloff came as a part of a broader pullback trend that started…

The aircraft maintenance, repair and overhaul (MRO) industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties.Verdict magazine reported on Feb. 4 on the formation of a new, so-dubbed MRO Blockchain Alliance, which includes leading industry members, among them HAECO Group, Bolloré Logistics, Cathay Pacific,…

Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.

Mark Karpeles, the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox, is seeking to put an end to litigation filed by a former exchange user back in 2014. In papers filed in a Chicago federal court on Jan. 8, Karpeles contended that he is entitled to summary judgment as the main plaintiff in the…

The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment. 862 Total views 24 Total shares Own this piece of crypto history Collect this article as NFTThe Organisation for Economic Cooperation and Development (OECD) analyzed the crypto winter in a new policy paper titled “Lessons…

An Israeli blockchain intelligence firm claims to have identified proof of donations in Bitcoin (BTC) reaching Hamas, the de facto ruling authority of the Gaza Strip in Palestine. The development was reported by Israeli financial daily newspaper Globes Feb. 3.Globes reports that a BTC wallet address for receiving the funds was first published Jan. 31…