Bitcoin dormant for 5 years or more awakens in new ‘distribution’
Bitcoin long-term holder “inactivity” is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade.
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Argentina’s central bank steps in to block new crypto offerings from banks
Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading but now the central bank has stepped in to block the offerings. The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of the country's largest banks signaled they…
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Hashkey HK opens AVAX trading with $1M portfolio requirement
Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong. 387 Total views 17 Total shares Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is
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CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter
Bitcoin (BTC) futures average daily volume (ADV) at the Chicago Mercantile Exchange (CME) increased by 93 percent in the second quarter over the first quarter of 2018, the company revealed in a tweet July 20. CME also stated that the rate of open interest (OI) or the number of open contracts on Bitcoin futures has…
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Crypto miner explains how Bitcoin mining stabilizes grids
2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the largest crypto miners and digital asset experts in the space. Leverton sat down with Gareth Jenkinson, senior reporter at Cointelegraph, in an interview at the World Economic Forum in Davos, Switzerland. Topics included were the 2022…
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Bitcoin’s 20% rebound in one day is one of its biggest ever — But there’s a catch
The price of Bitcoin (BTC) rose 20% on Jan. 12 from $30,500 to around $36,600 across major exchanges. But while the rebound after the correction has been strong, there are two warning signs.BTC/USDT 1-hour price chart (Binance). Source: TradingView.comFirst, the funding rate in the futures market remains high. The funding rate is a mechanism that incentivizes…
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Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins
The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green, but voiced skepticism around many of the altcoins birthed during…
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U.S. trademark and copyright offices to study IP impact of NFTs
The U.S. Patent and Trademark, and Copyright offices will explore the impact of NFTs on intellectual property rights as lawsuits begin to stack up. 135 Total views 3 Total shares As nonfungible tokens (NFTs) continue to garner interest, the United States Patent and Trademark Office and U.S. Copyright Office are set to launch a study…
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Vietnamese deputy PM calls for building legal framework for digital assets
Vietnam has had quite a love and hate relationship with the crypto market, where it has authorized and banned Bitcoin use on numerous occasions in the past. 158 Total views 2 Total shares Le Minh Khai, the deputy prime minister of Vietnam has issued a notification to the finance ministry, asking them to explore and…