Bitcoin demand sharply declining since April — CryptoQuant

Fortress Investment Group is buying bitcoin (BTC) claims from Mt. Gox creditors, according to a report by CoinDesk on July 8.The Japan-based cryptocurrency exchange Mt. Gox filed for bankruptcy in 2014 after losing $473 million worth of bitcoin at the time due to an apparent hack. Bitcoin reportedly experienced a subsequent decline in value, dropping…

The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues. 170 Total views 3 Total shares Fintech investment adviser Titan Global Capital Management has agreed to a cease-and-desist order by the United States Securities and Exchange Commission (SEC), along with…

Crypto-friendly SEC Commissioner Hester Peirce called for nuanced cryptocurrency regulations as several agencies pursue stricter policy mandates. Hester Peirce of the United States Securities and Exchange Commission has once again urged regulators to take a step back from attempting to overregulate the crypto space.Speaking to Financial Times, Peirce, affectionately dubbed “Crypto Mom” due to her…

Digital asset cybersecurity startup Fireblocks announced that it is currently moving more than $2.5 billion in cryptocurrencies each month.In a Nov. 26 press release, Fireblocks revealed that the company has seen a 400% increase in customer growth, and that crypto transfer volumes are growing 150% month to month since the startup announced its launch out…

Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering. 199 Total views 22 Total shares Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade…

Day two of Web Summit began with a discussion around NFTs and the future of the metaverse, with major discussions lined up around Web3 throughout the day. 163 Total views 10 Total shares Welcome back to the day two coverage of Web Summit, one of the leading tech conferences in the world, with over 71,000…

Sky Mavis executive Kathleen Osgood said that the catalyst for the revival of blockchain gaming would be an experience that understands the motivations driving users into Web3. 572 Total views 13 Total shares Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token…

Major global cryptocurrency exchange Binance now allows users to buy crypto directly through Visa credit and debit cards.In a Dec. 26 announcement, Binance said that its users are able to directly purchase four cryptocurrencies after binding their accounts to Visa cards issued within the European Economic Area.Binance users can buy four cryptocurrencies with euros or…

A poll has found 22% of institutional investors are likely to buy cryptocurrency in the future. 773 Total views 12 Total shares A survey carried out by JPMorgan found that one in five institutional investors at firms that don't currently trade in cryptocurrency believe their companies are likely to do so in future.The survey of…