Bitcoin whale txs hit highest levels in 4 months amid crypto dip
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.”
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Belgian financial regulator FSMA to regulate crypto exchange services
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). 144 Total views 11 Total shares A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial…
South Korean Shinhan Bank pilots digital currency platform with LG CNS
South Korean commercial bank Shinhan Bank has built a digital won pilot platform in collaboration with LG CNS. 4079 Total views 16 Total shares Major South Korean commercial bank Shinhan Bank is looking to collaborate with the country’s central bank on developing a national digital currency.Shinhan Bank has developed a blockchain-based pilot platform for a…
Three French Banks Join R3 Corda Blockchain-Based Loans Platform
British financial software firm Finastra has signed three global banks on its R3 Corda blockchain-based syndicated loans platform, the firm officially announced on May 14.France-based banking institutions BNP Paribas, Natixis, and Societe Generale have officially joined Finastra’s syndicated lending platform Fusion LenderComm, following previous pilots back in 2017.Based on blockchain consortium R3’s open source blockchain…
Shiba Inu in danger of ‘topping signal’ as SHIB price loses 50% in 3 weeks
Meme-cryptocurrency Shiba Inu (SHIB) has lost more than 50% of its market valuation in three weeks since its all-time highs in late October.SHIB’s price dropped to as low as $0.00004251 on Nov. 19 after correcting by almost 55% from its all-time high of $0.00008854. Its price recovered a small portion of its losses on Friday,…
BTC price inches up with US stocks as Bitcoin bulls fight for $65K
Bitcoin sees a round of automated selling as BTC price vies with battered US stocks for a short-term recovery.
Major crypto firms and groups form coalition aimed at promoting ‘market integrity’
“Harmonizing a broad global approach to digital assets and competition in the digital currency space race, can improve U.S. competitiveness, security and lower fundamental costs for basic financial access,” said Dante Disparte of Circle. 246 Total views 31 Total shares Several cryptocurrency exchanges and advocacy groups across different countries have banded together to form a…
Current Tether Supply Suggests Bitcoin Price Is Correcting to $20,000
Bitcoin price charting on a longer timeframe, market structure and the issuance of 1 billion Tether so far this year are making crypto and equities analyst FilbFilb incredibly bullish on BTC/USD in the run up to the 2020 halving. Bitcoin traders split into 3 groups Since correcting from 2019’s all-time high of $13,800 and thrice failing to…
New daily Runes etched on Bitcoin falls 99% from post-halving peak
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.