Bitcoin net flows hit $750M, highest outflow since May
Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.
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Terraform’s Do Kwon mounts last ditch effort to avoid extradition: Report
Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro. Terraform Labs co-founder Do Kwon has launched his final attempt to appeal a Montenegrin court’s decision that could see him extradited from the country. In a Dec. 6 report, local state media stated that lawyers for Kwon had
Bitstamp Crypto Exchange Expands Into Asia-Pacific Region With New Hire
Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region.In a Nov. 13 press release, Bitstamp announced that Leelarthaepin was joining the company to further expand the exchange’s presence in Asia-Pacific “to meet the growing level of demand for the exchange’s services.” Bitstamp’s struggle to establish a…
126% return for stock market short-sellers who smelled blood in crypto waters
Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector "held a candle” to the blockchain industry, with crypto company short-sellers profits up 126% in 2022, according new data.On Thursday, technology and data analytics firm S3 Partners published a video summarizing its recent report, which found…
Bitcoin price risks losing ‘critical technical level’ as stocks under pressure
U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500.The daily price chart of Bitcoin (Coinbase). Source: TradingViewCOVID-19 cases in the United States and Europe are continuously surging despite strict restrictions. Sweden, for…
Bitcoin and gold face headwinds amid strengthening dollar
Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year. 755 Total views 8 Total shares
Blockchain Ecosystem Offers $1.5 Million DApp Development Fund, Tech Support and Marketing
An established blockchain ecosystem has launched a decentralized application (DApp) funding program worth $1.5 million to incentivize developers and enthusiasts to build applications with real value.WaykiChain says it will offer support of up to $15,000 for every decentralized application, along with other services that include tech support, branding and product marketing. The company hopes this…
Binance founder CZ receives support from crypto community as jail term starts
Once he completes his four-month sentence at Lompoc prison, Zhao plans to resume his involvement in cryptocurrency.
Hodler’s Digest, Aug. 12–18: BTC Premiums, Coinbase Blow, Binance Revival
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekPremiums for Bitcoin in Hong Kong and Argentina despite price slumpBitcoin (BTC)…