Bitcoin open interest surge past $35B raises 'overheating' concerns
Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market.
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UK tops crypto activity in Central, Northern and Western Europe: Chainalysis
The United Kingdom has emerged as a major cryptocurrency economy worldwide and the biggest crypto country in terms of raw transaction volume in Central, Northern and Western Europe (CNWE), according to a new study.The blockchain analytics firm Chainalysis released two new chapters of its 2023 Geography of Cryptocurrency report on Oct. 18, including its brand
The number of Bitcoin ATMs in the US rose 177% over the past year
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. 4995 Total views 23 Total shares Since March 1, 2020, the number of new Bitcoin ATMs installed worldwide is nearing 10,000. According to the latest data from Coin ATM Radar, the current number of machines stands at 16,835, a strong 57.5% increase,…
Binance Coin sets new all-time high amid skyrocketing activity on BSC
Binance Coin is now the fourth-largest cryptocurrency by market capitalization with the price approaching the $200 mark. 1722 Total views 13 Total shares Binance Coin (BNB) has seen its second major rally in February, culminating in a new all-time high of $195 after the token price added over $80 in the last 24-hour trading period.Thursday’s…
Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market
Despite the ongoing cryptocurrency market decline and associated forced layoffs in major crypto firms, a career in crypto doesn’t turn less attractive to many traditional finance executives.European crypto exchange-traded fund (ETF) provider 21Shares announced three major hires on Wednesday to expand its presence in countries like France, Germany and the United Arab Emirates.Marina Baudéan, 21Shares’ newly…
Price analysis 2/12: BTC, ETH, ADA, XRP, DOT, BNB, LTC, LINK, XLM, BCH
Financial regulators across the world finally seem to be warming up to the idea that cryptocurrencies can trade in tandem with stock markets and also in exchange-traded funds (ETF). On Feb. 11, Canada’s Ontario Securities Commission approved the proposal of a Bitcoin ETF by Accelerate Financial, which marks the first approval of a Bitcoin (BTC)…
Bitmain CEO announces departure in the most crypto way
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu. 1029 Total views 7 Total shares The power struggle between Bitmain co-founders Micree Zhan and Jihan Wu appears to be at an end. In a tweet on January 26, Wu announced his decision to step down from the company.The…
During Coronavirus Pandemic, IRS Cuts Taxpayers Some Much Needed Slack
Crypto communities and the United States Internal Revenue Service haven’t exactly had a love fest over the last five years. It started in 2014, when the IRS said crypto was property, and it hasn’t got much better since. In addition to sending those 10,000 “beware” letters and trying to get crypto exchanges to turn over…
In prison and awaiting sentencing — Where are the FTX execs now?
Sam Bankman-Fried faces 25 years behind bars, while the fate of four others indicted in the case has largely yet to be determined.