Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds

The region's traders are highly aware of scams and avoid them. Blockchain forensics firm Chainalysis has found that crypto traders in Africa are less likely to have sent tokens to, or received tokens from, known scam addresses than traders in other regions in the past year.In the Chainalysis “2020 Geography of Cryptocurrency Report”, the firm…

Charles Hoskinson has announced the roadmap for the Shelley protocol upgrade for the Cardano network. The price of Cardano (ADA) has increased 60% in the week following Cardano co-founder Charles Hoskinson revealing the roadmap for the Shelley upgrade in a YouTube podcast with Lark Davis, aka Cryptolark. Shelley will see the network upgraded from a centralized…

Blockchain startup Vega has launched the testnet for its protocol, which allows parties to build trading products on a decentralized network. Over the last two years, Vega has been “working on building a protocol that allows people to deploy and run networks that can trade decentralized derivatives effectively,” Vega co-founder Barney Mannerings told Cointelegraph in an…

Bitcoin’s (BTC) rally in 2023 has been boosted by expectations that the United States Federal Reserve will slow down the pace of its rate hikes as inflation has started cooling down. Some even anticipate a rate cut by the end of the year. That assumption received a jolt on Feb.3 when the U.S. employment data…

The closing of the exchange, along with a plunging ruble, may have a devastating impact on the lives of ordinary Russian citizens. 196 Total views 15 Total shares As reported by local news outlet tass.ru, the Central Bank of Russia once again suspended trading on the nation's leading Moscow Stock Exchange (MOEX) on Wednesday, and…

Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high traffic areas. The company is undertaking…

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. 276 Total views 13 Total shares Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits…

Top crypto data aggregator CoinMarketCap (CMC) has introduced yet another algorithm update following its acquisition deal with Binance, according to a CMC blog post published yesterday. The data provider, which was purchased for an unspecified sum by Binance in early April, has started adjusting its ranking system soon after the deal took place. As a result,…

The SEC alleges Kraken is operating an unregistered securities exchange.