Bitcoin speculators hodl 2.8M BTC in 'worst performing' price cycle

For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.

A crypto market analyst with more than 63,000 followers has come under fire for allegedly photoshopping numerous screenshots to give the impression that his trades were more successful than they actually were. A Twitter user going by the alias of “King” posted screenshots on March 14 which allegedly show that Jacob Canfield, the self-proclaimed “#1 cryptocurrency…

Trademark applications filed for NFTs alone grew from a total of 2,142 filed for 2021 to 6,855 by the end of October 2022. 127 Total views 2 Total shares The number of companies filing trademarks for nonfungible tokens (NFTs), metaverse-related virtual goods and services, and cryptocurrencies has grown rapidly in 2022. According to data compiled by licensed…

In a whirlwind seven-day period, which began with Twitter founder Jack Dorsey proving that almost anything can be tokenized — even his old tweets — and culminated on Thursday with a Christie’s art auction that brought a mind-boggling $69.3 million bid for a tokenized Beeple work — fetching more at an auction than pieces by…

Naomi Osaka joined seven-time Super Bowl champion Tom Brady, Brazilian supermodel Gisele Bündchen and NBA star Stephen Curry in promoting the crypto exchange. 424 Total views 5 Total shares Naomi Osaka, once one of the highest-ranked tennis players in the world, has become the latest figure in sports and entertainment to endorse crypto exchange FTX.In…

Top stories this weekBitfinex Allegedly Covers $850 Million Loss With Tether FundsThe New York attorney general’s office alleged this week that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall. The attorney general’s office has obtained a court filing that alleged that Bitfinex’s operator,…

Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens." 332 Total views 3 Total shares The Delaware bankruptcy court has approved the sale of FTX digital assets. Judge John Dorsey made the ruling at a hearing on Sept. 13. Major changes were made to the order authorizing the sale

The transition from Web2 to Web3 is reshaping the technology landscape and attracting the attention of developers. Despite the challenges faced during the current crypto winter, the Web3 ecosystem continued to onboard new developers, with many thousands of developers making the jump from Web2 to Web3.However, developers working with Web3 and blockchain technology can face…

In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell. Bitcoin (BTC) dropped over $1,000 within a few minutes as news hit the stands that the third-largest Chinese bank, the Agricultural Bank of China, will not allow the use of its services for crypto…