Bitcoin social sentiment drops to yearly low, signaling BTC breakout
Bitcoin could see another week of correction before it manages to recover above $100,000, based on historical chart patterns.
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VCs pour $14.2B into crypto in H1 2022, but investments now slowing
KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market. 472 Total views 7 Total shares Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments…

38% Ethereum futures premium signals traders anticipate $2,500 ETH
Now that Ether's (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some analysts believe Visa's initial USD Coin (USDC) stablecoin transaction settlement on the Ethereum network kicked off the most recent rally. Others attribute the current Ether hike to a "triangle market structure"…

Galaxy Digital’s revenue soars with mining, fees at record levels
Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.

John McAfee Back in Jail Hours After Release in Dominican Republic
Bitcoin (BTC) proponent and United States 2020 presidential candidate John McAfee reportedly reentered jail this week just a day after his release in the Dominican Republic.‘A record I think’Tweeting photographs of his confinement July 26, McAfee said he had been arrested a second time, but did not give details about the exact circumstances. The entrepreneur, his…

Mauritius mulls wrapping metaverse into financial services
While acknowledging the need for collaboration in reshaping the financial services to accommodate metaverse, the FSC Mauritius asked seven questions to the public. The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion of metaverse within the financial services industry.The FSC Mauritius dedicated the entire

No More Bitcoin for Nordea Bank Employees, Experts Question the Motive
An act of paternalism or a case of generic Bitcoin (BTC) distrust? It is hard to make out the exact reasons for Nordea Bank’s ban on its 31,500 employees trading in Bitcoin or other cryptocurrencies — even on their own time — a prohibition that was upheld on Dec. 2 by a Danish court.In a…

Nearly half of crypto users invest to boost living standards: Report
A survey from crypto exchange Bitget featured more than 1,500 respondents across 20 countries. 180 Total views 12 Total shares Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards.According to a new survey by crypto exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in

New York state ramps up blockchain monitoring to enforce sanctions
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians. 98 Total views 13 Total shares New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement of additional blockchain analytics technology. According to a statement released…