Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal
The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners.
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Keeping the faith in crypto amid TradFi crisis: Paris Blockchain Week 2023
On this episode of Decentralize with Cointelegraph, reporter Joe Hall is at Paris Blockchain Week 2023, chatting with some of the industry’s most prominent thinkers in the aftermath of the recent banking crisis. 66 Total views 1 Total shares Own this piece of history Collect this article as an NFTParis Blockchain Week 2023 (PBW) was…

Ethereum price breaks through $3K, but analysts warn that a retest is needed
ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first. 1080 Total views 8 Total shares The cryptocurrency market continues to forge ahead on March 23 despite facing headwinds on multiple fronts. At the moment, global conflict, rising inflation and widespread…

Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee
International banking authority the Basel Committee on Banking Supervision (BCBS) has issued a warning statement on crypto assets on March 13.The BCBS is a committee of banking supervisory authorities hosted and supported by the Switzerland-based Bank for International Settlements (BIS) — an organization made up of 60 of the world’s central banksIn today’s statement, the…

Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs
Crypto Gaming United, a startup aiming to build a global community of nonfungible token (NFT)-focused play-to-earn gamers, hraised $5 million in an oversubscribed seed funding round.A Sept. 8 announcement notes the round was led by famed Australian venture capitalist Mark Carnegie and Chrono.tech CEO Sergei Sergienko — with the pair having co-founded the crypto-focused asset…

Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.

Breaking: Binance Connect shutting down on August 16
A spokesperson said the move came in response to 'changing market and user needs.' 663 Total views 3 Total shares Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson. The same day, BNB Chain decentralized exchange Biswap…

Law Decoded, Aug. 8-15: In the eye of Tornado Cash
U.S. Treasury links the crypto mixer with $7 billion worth of laundered money. 148 Total views 2 Total shares Summer is still on, harvesting the fresh names for its list of the crypto companies in deep trouble. This time, the trouble came not from the market or management but from the United States Treasury Department.…

ZCash surges 7% after Digital Currency Group CEO announces $85M purchase
The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday. 310 Total views 30 Total shares Digital Currency Group CEO and founder Barry Silbert has purchased more ZCash to add to his company’s coffers as the price…