Bitcoin profit-taking nears $74K peak as speculators send Binance $500M
Bitcoin short-term holders waste no time in sending coins in profit to exchanges for a mass profit-taking event.
Related Posts
Anchorage Acquires Merkle as Part of Trading Service Launch
Crypto custody company Anchorage now offers a crypto brokerage service, acquiring Merkle Data to further the service. Anchorage has introduced an institutional crypto trading service called Anchorage Trading, and has acquired institutional-grade risk management and analytics software company Merkle Data to enhance the endeavor, Anchorage co-founder and CEO Nathan McCauley said in a Jan. 15 post…
OSCE Sponsors Cryptocurrency Course for Central Asia Law Enforcement
The Organization for Security and Cooperation in Europe (OSCE) conducted a training course on combating darkweb-facilitated crime. Law enforcement representatives from Central Asian countries were taught how the darkweb and cryptocurrencies function, in order to better combat drug-related crime.The training was held in the span of five days that ended on Feb. 21, an official…
Blockchain gaming community raises $1.4M to help typhoon victims
Gamers united to help with the relief and rebuilding efforts for victims of typhoon Rai, also known as typhoon Odette, in the Philippines. 640 Total views 25 Total shares The Philippines, a country that’s already been struggling to get back on its feet because of COVID-19, has been hit by a catastrophic super typhoon. Back…
Binance Australia Derivatives license canceled by securities regulator
In February, Binance Australia Derivatives abruptly closed certain derivatives positions and accounts, citing investor classification compliance. 727 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe Australian Securities and Investments Commission (ASIC) has canceled the license of Binance Australia Derivatives after a targeted review of Binance’s operations in…
OpenSea’s daily volume is exceeding its 2020 total
Nonfungible tokens appear to be bubbling again, with marketplace OpenSea now processing more volume daily than it did for the entirety of 2020. 541 Total views 28 Total shares Leading NFT marketplace, OpenSea, is now processing more transactions daily than it did during the entirety of 2020. On Aug. 2, Devin Finzer, the co-founder and…
Price analysis 12/23: BTC, ETH, XRP, LTC, BCH, LINK, BNB, ADA, DOT, XLM
The current crypto bull run has been spearheaded by Bitcoin (BTC). As the United States Securities and Exchange Commission has previously hinted that Bitcoin is not a security, the regulator’s current lawsuit against Ripple is unlikely to stop the institutional inflow of money into Bitcoin. However, a few altcoins that may be at risk of facing…
Bitcoin bear market will last ‘2-3 months max’ —Interview with BTC analyst Philip Swift
Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it.That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators.Swift, who together with analyst Filbfilb is also a co-founder…
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline. 147 Total views 12 Total shares Thailand’s oldest bank has scrapped plans it first announced in November 2021 to become the majority shareholder of crypto exchange Bitkub.In a Thursday announcement, Siam Commercial…