Bitcoin’s bottom slowly erodes as whale wallets increase by 3%
The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank.
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DAOs, DEXs and whales? How Web3 organizations became the new crypto beasts
Web3 has brought a lot of excitement into the industry, as evidenced by the nearly $50 billion market capitalization Web3 tokens have grown in recent years. The very ethos of Web3 is one of its most attractive traits. It is an ecosystem free from barriers or intermediaries, welcoming to anyone from anywhere and open anytime. However,…
BlackRock adds own Bitcoin ETF to income and bond funds
One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.
Data shows pro traders are currently more bullish on Ethereum than Bitcoin
Most traders have noticed that Ether (ETH) price has seriously outperformed Bitcoin (BTC) for months now and the ETH/BTC ratio has rallied more than 230% in 2021 and recently hit a new high at 0.089 BTC on Dec. 9. ETH/BTC pair at Coinbase. Source: TradingViewTo put things in perspective, Ether's $490 billion market capitalization currently represents…
‘Plan A Has Failed’ — Global Debt to Hit $255T or $12.1M per Bitcoin
The world’s combined debt will hit $255 trillion by the end of 2019 — equal to $32,500 for each person on the planet or $12.1 million per Bitcoin (BTC).Bitcoin figures reacted with shock to the latest figures from the Institute of International Finance, which this month updated its Global Debt Monitor. $12.1 Million per single BitcoinBy…
SEC softens stance around SAB-121: Galaxy Research
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.
Ripple Co-Founder Chris Larsen Makes Full Recovery From COVID-19
Ripple co-founder and executive chairman Chris Larsen has made a full recovery from COVID-19. In a tweet on April 2, he thanked those working on the frontline against the virus, and also called for recovered patients to donate blood for use in antibody transplants.Larsen had not publicly shared the fact that he had been diagnosed…
Saudi British Bank Joins Consortium R3’s Global Blockchain Ecosystem
The Saudi British Bank (SABB) has become the first Saudi bank to join enterprise software firm and global banking consortium R3’s blockchain ecosystem, local news outlet Trade Arabia reports today, September 11.SABB enjoys a strong reputation, having reportedly been named by Global Finance magazine as the “Best Trade Finance Bank” in Saudi Arabia for the…
South Korean President: Regulatory Innovation Is Question of Survival
South Korea’s President Moon Jae-In stated that regulatory innovation regarding blockchain technology is now a question of survival.Regulatory innovation is not a matter of choice anymore, it is a question of survivalThe President of South Korea stressed the importance of the development of new regulatory approaches towards new technologies such as blockchain in the light…