Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable

As the price of Bitcoin (BTC) breaks past $11,100 on Sep. 19, whale activities and Bakkt’s all-time high volume suggests strengthening momentum.The 4-hour price chart of Bitcoin. Source: TradingView.comAccording to CryptoQuant’s Ki Young Ju, fewer whales have been sending BTC to exchanges. Historically, the data indicates less selling pressure from high-net-worth Bitcoin holders.Simultaneously, the daily…

Binance recently issued ONT-33D, a token backed 1:1 with ONT coins and hosted on the exchange's blockchain. Growing the library of assets built on its own blockchain, Binance recently issued a new token backed by the crypto asset, Ontology (ONT). Built on Binance's blockchain and governed by a series of parameters known as BEP2, the new…

The realized price of Bitcoin that flipped around Black Thursday has fully recovered currently standing at almost double of the market price. 1177 Total views 15 Total shares Another key metric points to the recovery of the Bitcoin (BTC) market — the current price has recently doubled the asset’s “realized” price.Bitcoin price versus realized price.…

Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year. 247 Total views 10 Total shares The Merge, which is considered one of the most significant blockchain upgrades on Ethereum (ETH) to date, brought down the network’s energy consumption by 99.9%…

Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead.Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and multiple altcoins saw their prices…

Telegram’s digital resistance in Russia will contribute to further anti-censorship efforts in countries like China and Iran, Pavel Durov says. 1621 Total views 44 Total shares Russia’s decision to lift its two-year Telegram ban is going to mark the beginning of a broader movement to protect privacy-focused apps like Telegram, the company’s CEO says.Pavel Durov,…

The acquisition could be another step towards the first spot crypto ETF launching in Japanese markets.

Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights. 245 Total views 7 Total shares People’s courts in China exercise judicial power independently and are not subject to interference by an administrative or public organization. These courts try

Singapore’s Crypto.com expands its regulatory achievements by securing a license for digital payment token services. 643 Total views 2 Total shares The Singapore-based cryptocurrency exchange, Crypto.com, announced on June 1 that it had been granted a major payment institution (MPI) license for digital payment token (DPT) services by the Monetary Authority of Singapore (MAS).The announcement…