Bitcoin profit-taking nears $74K peak as speculators send Binance $500M

Whale Alert, a service dedicated to tracking major cryptocurrency transactions, has announced a second version of its platform in development.Updated tracking capabilitiesWhale Alert’s official Twitter account announced on Aug. 20 that the service is currently working on the second version of its platform, which includes additional services. The announcement reads:“We are excited to announce Whale…

More Bitcoin (BTC) transactions now use so-called Segregated Witness (“SegWit”) technology than ever before, the latest data shows. According to various resources including SegWit.Space, adoption of the protocol has reached up to 66% of all Bitcoin transactions as of Jan. 4. Two in three BTC payments now SegWitThe volume underwent a significant increase in late 2019, jumping…

The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”.

The United States House of Representatives Committee on Financial Services has scheduled a hearing with Securities and Exchange Commission (SEC) Chairman Jay Clayton and four other SEC commissioners to discuss, among other topics, crypto.In a memorandum from Sept. 19, the Committee on Financial Services stated that it will hold a hearing on Sept. 24 entitled “Oversight…

Putting US gold reserves on the blockchain would benefit Bitcoin despite the two assets being nothing like each other, says NYDIG’s Greg Cipolaro. 485 Total views 1 Total shares An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin

XP Inc has become the latest Brazilian fintech player to offer crypto trading services, following Nubank and MercadoLibre. 67 Total views 2 Total shares Brazilian brokerage giant XP Inc has officially launched its crypto trading platform ‘XTAGE' in Brazil, bringing a potential 3.6 million users to the crypto markets. The news was broke in an Aug.…

BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some.

New research into publicly available records shows that U.S. government agencies have tripled their investment in blockchain intelligence firms this year, according to a Diar report published September 24.As Diar outlines, blockchain analysis can be used by financial institutions or banks to track compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations.The analysis can equally…

Working for Cointelegraph, we are regularly contacted by PR agents giving us advance notice of their clients’ forthcoming announcements. Those which seem interesting tend to be followed up with some additional research into the subject, before a decision is made on whether to publish a story.It was following one such contact, bearing the legend, Distance…