Bitfinex Bitcoin long positions reach $5.1B — Is someone buying or hedging?

Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a multi-trillion-dollar industry over the course of the next century — but it did.From…

Ukraine beats Russia, China, and more in adoption metrics according to new research from Chainalysis. Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela.The Index looks at three on-chain metrics: the total value of on-chain crypto transactions weighted by purchasing…

The Financial Conduct Authority has warned the public about crypto investment as Bitcoin dove below $33,000. 850 Total views 4 Total shares The United Kingdom's financial regulator, the Financial Conduct Authority, has posted a warning about cryptocurrency investment amid a major crash on crypto markets.In a Jan. 11 statement, the FCA said that crypto investment…

Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis. 608 Total views 4 Total shares Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development.A Nov. 15 Stock Exchange

Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.

The context of this legal challenge centers around the SEC v. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated. 138 Total views 1 Total shares Elon Musk, Mark Cuban, with others, have collaboratively submitted a shared amicus brief to the Supreme Court, wherein they raise concerns about the Securities and Exchange

US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC's decision. However, the CFTC still has the option to appeal.

Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous challenges along the way. The latest challenge seems to be around its mining consensus, proof-of-work (PoW) and its consequent impact on the environment.Bitcoin network’s high energy consumption was one of the hottest topics last…

BTC’s price clings to $26,000, with Bitcoin traders braced for the Wall Street open, following the latest CPI report. 1050 Total views 8 Total shares Bitcoin (BTC) saw snap volatility on Sept. 13 as United States macroeconomic data showed inflation beating expectations.BTC/USD 1-hour chart. Source: TradingViewFuel, shelter boost August CPI beyond targetData from Cointelegraph Markets