Bitcoin’s price return ‘stands apart from the crowd’ — NYDIG

The daily Bitcoin (BTC) transaction volume has been recently increasing to the levels not seen since January 2018, after BTC hit the $20,000 price mark, according to data from transactionfee.info. Some industry players believe that it is a sign of the evolution of the cryptocurrency’s ecosystem and fundamentals.Bitcoin transactions per day. Source: transactionfee.infoJameson Lopp, chief…

Bitcoin (BTC) mining firm Riot Blockchain has entered into a deal to relocate a portion of its mining operations to a facility in New York operated by Coinmint.Riot claims to have assessed the risks associated with operating in New York amid the COVID-19 pandemic and determined that Coinmint’s “plug and play” infrastructure mitigates many of…

ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems.Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s own broker-dealer, ConsenSys Digital Securities. ConsenSys’ blockchain-powered commerce and finance arm ConsenSys Codefi announced the news on Feb. 4.Heritage…

Mike Novogratz says crypto is in a “consolidation phase” and predicts that prices will bounce higher at the end of the current quarter.

CME Group launched new Bitcoin options on Jan. 14, which was revealed by the company’s global head of equity products Tim McCourt. The introduction of crypto options by a derivatives heavyweight in CME will further uplift the institutional infrastructure supporting the asset class.Over the long term, investors generally anticipate improvements in the infrastructure surrounding Bitcoin…

The United Kingdom is in focus following the British pound’s fall to a new all-time low against the United States dollar. The sell-off was triggered by the aggressive tax cuts announced by Prime Minister Liz Truss’s government. The 10-year gilt yields have soared by 131 basis points in September, on track for its biggest monthly…

The Financial Stability Board (FSB), an international organization that monitors the global financial system, has come up with a global regulatory framework for crypto. The guidelines, recommended to the 20 leading economies of the world (G-20) are crafted upon the principle of “same activity, same risk, same regulation.”A public note and two separate guideline documents…

Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels, designed to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able to buy and sell nonfungible tokens (NFTs), purchase digital ad venues, own real estate and…