Bitcoin onchain indicator signals $58.5K price near 'favorable' buy level

Grayscale appealed the SEC’s denial of its application to create a spot BTC ETF in June; the case “is moving swiftly,” according to the Grayscale chief legal officer. 371 Total views 2 Total shares Own this piece of history Collect this article as an NFTGrayscale filed a reply brief in its appeal of the United…

Bitcoin (BTC) and most major altcoins have broken key support levels to start the week on a weak note. The crypto markets seem to be following the U.S. equity markets, which are being pulled down as investors reduce exposure to risky assets because of rising rates. Arthur Hayes, ex-CEO of derivatives giant BitMEX, said that with…

The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada's 2022 survey. 73 Total views 2 Total shares The Bank of Canada (BOC) reported a decline in the ownership of Bitcoin (BTC) and cryptocurrencies in the…

Major Swiss telecommunications company Swisscom announced its plans to distribute tokenized artwork through its Swisscom TV television network. The news was reported by Cointelegraph auf Deutsch on May 24.Per the company’s press release, limited artworks — initially 100 works by 30 artists — from selected artists are exclusively available on the Swisscom TV box through…

Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector. So goes the argument in a new report from financial markets advocacy group, The Association for Financial Markets in Europe (AFME), in a new report published on Nov. 14.Coordination remains the top priorityAFME’s…

Paxos Trust Company announced today that it is set to introduce its Paxos Settlement Service for a number of United States-listed equity securities.In an Oct. 28 press release, digital asset trust company Paxos stated that it is moving forward with the launch of its blockchain-based settlement platform, having received no-action relief from the U.S. Securities…

Tokemak plans to become the director for decentralized exchange liquidity. 677 Total views 9 Total shares Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as a “decentralized liquidity reactor” for DeFi.The company announced on Tuesday a $4 million investment round…