Binance altcoin dominance hits 78%, analyst eyes’ strong momentum’ ahead
A crypto analyst says the rising altcoin trading volumes on Binance signals “confidence in the potential for an altcoin bull market in 2025.”
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Bitcoin Hash Rate Hits Record Average High With $12K Price in Sight
Bitcoin’s seven-day average hash rate passes 129 EH/s for the first time as the price continues to meet resistance at the $12K level. 743 Total views 13 Total shares As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit a new all-time high.Data from Blockchain.com confirms that on Aug.…

Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults. 70 Total views 24 Total shares Stablecoin issuer Circle has reportedly adjusted its reserves treasury in an effort to reduce the risks of United States debt defaults.According to a May 10 Politico newsletter, Circle CEO Jeremy Allaire said that the…

Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies
The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. According to Khromaev, the concept involves recognizing cryptocurrencies and tokens as financial instruments, establishes the roles and functions of governmental bodies in regulating…

BBVA Leads Blockchain-Based Syndicated Loan of $150 Million with BNP Paribas and MUFG
Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has carried out a blockchain-based syndicated loan of $150 million, U.K.-based global financial news agency Finextra reports Wednesday, Nov. 7.The syndicated bank transaction has been conducted on a private blockchain network through a group of three funding banks including French banking group BNP Paribas, Japan’s bank…

Fears over Silvergate, $8B hole at FTX, senators seek Binance’s numbers: Hodler’s Digest, Feb. 26 – March 4
Delay in Silvergate’s financials sparks fears over bankruptcy, FTX reports $8.6B deficit and Binance’s balance sheet sought by U.S. senators.

Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities
Local police in Singapore sent an email on Monday saying that they have begun a probe connected to Do Kwon’s Terraform Labs. 304 Total views 5 Total shares Own this piece of history Collect this article as an NFTLocal authorities in Singapore announced they had begun a probe that is connected to Do Kwon’s Terraform…

California regulator orders Celsius to stop selling securities in the state
The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state. 139 Total views 3 Total shares The Department of Financial Protection and Innovation of California (DFPI) continues to bring actions against crypto interest account providers, failing to comply with the local law. After commanding BlockFi and…

Russian ministry proposes criminal charges for failure to report crypto tax
To ban crypto or to tax, that seems to be the question. Russia’s Ministry of Finance is continuing to push regulations for the cryptocurrency industry by proposing new tax requirements.The ministry now reportedly wants to introduce criminal liability for failure to declare taxes on crypto, including prison terms of up to three years.According to a…