Altseason delayed due to lack of fresh retail capital — Ki Young Ju
Investors rotate into altcoins along a risk curve, starting with large-cap assets and eventually migrating into riskier low-cap coins.
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Bitcoin More Efficient for Paying Taxes than Bank Cards, Says Exchange
Evan Kuhn, the co-founder of Toronto-based cryptocurrency exchange Coinberry, has claimed Bitcoin (BTC) is more efficient for paying taxes than bank cards.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn said his company takes much lower fees than the ones that card institutions impose on their clients, adding: “A credit card company charges…
ERC-404 token standard, explained
ERC-404 uses a mint-and-burn protocol to enable fractional ownership of NFTs, add more liquidity to the ecosystem, and open up a plethora of new use cases.
Singapore Bank Giant OCBC Joins JPMorgan’s Blockchain Network
OCBC has become the first Singapore-based bank to join JPMorgan Chase’s interbank blockchain network.According to a Business Times Singapore report on Sept. 20, a total of 134 banks from the Asia-Pacific region are now participants in JPMorgan’s blockchain-powered interbank information network (IIN).OCBC is the second-largest bank in Southeast Asia by assets and among the larger financial institutions…
3 reasons Bitcoin price just hit $16,000 for the first time since 2017
The price of Bitcoin (BTC) surged past $16,000 today, Nov. 12, for the first time in nearly three years. The momentum of the dominant cryptocurrency is strengthening due to three key major factors.The main catalysts behind BTC’s rally are the non-overheated derivatives market, repeated retest of $16,000, and the $14,900 whale supply zone.The weekly chart…
BTC price tops 10-day highs as Bitcoin whale demand sees ‘huge spike’
Dip-buying appears to be in full swing among whales, new data shows, but analysts remain wary on the outlook for the short term. 258 Total views 4 Total shares Bitcoin (BTC) made the most of weekend volatility on June 26 as a squeeze saw BTC/USD reach its highest in over a week.BTC/USD 1-hour candle chart…
Infamous North Korean hacker group identified as suspect for $100M Harmony attack
A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack. 600 Total views 10 Total shares The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According…
US Treasury targets NFTs for potential high-value art money laundering
The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering. The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money…
Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ETC, EGLD
Bitcoin (BTC) rose above $42,000 on March 19 but the bulls continue to face a strong challenge from the bears at higher levels. Although Bitcoin’s price has recovered from $37,578 on March 13, Cointelegraph market analyst Marcel Pechman highlighted that the long-to-short net ratio of top traders across three major exchanges shows that professional traders have…