Bitget reports $700M capital inflow in Q2, adds 2.9M users
The exchange reported that its BTC, USDT, and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.
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Bitcoin price dips below $18K — Time to watch these ‘whale cluster’ support zones
Bitcoin (BTC) price dropped below the $18,000 support level on Nov. 22. This comes after BTC continuously saw high over-the-counter (OTC) and institutional volume throughout November. BTC/USD 1-hour chart. Source: TradingviewData suggests that the growing institutional demand was likely one of the main catalysts behind the BTC price rally to $18,965.According to the data from…

Coinbase insiders dump nearly $5 billion in COIN stock shortly after listing
After an edict to remain "mission focused," Coinbase executives have succeeded in making themselves a fortune. Insider activity reports for Coinbase’s COIN stock indicate that multiple early investors and executives dumped billions in equity shortly after COIN’s direct listing, with at least one C-suite director cashing out their stake in the cryptocurrency exchange entirely. Data from…

Fidelity purchases 7.4% stake in Marathon Digital Holdings for $20M
Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake of major North American mining company, Marathon Digital Holdings.Marathon currently operates 19,000 miners, with a further 100,000 machines slated for deployment over the next 12 months. With $4.9 trillion in assets under management Fidelity is one of the world’s largest financial…

Mark Cuban says he is locking $50k in tokenized carbon offsets every 10 days
The billionaire investor believes DeFi degeneracy can be harnessed for the purpose of environmental social governance. 1561 Total views 11 Total shares Famed billionaire and reality TV star, Mark Cuban, has revealed he is using blockchain technology to lock up carbon offsets on the Polygon network.In a Nov. 13 tweet, the billionaire blockchain enthusiast revealed…

CoinGecko challenges CoinMarketCap’s dominance as a crypto market resource
“CoinGecko is locked in a David and Goliath battle to be the site record for crypto financial information.” 546 Total views 5 Total shares The gap is narrowing between crypto analytics providers CoinMarketCap and CoinGecko when it comes to the number of website visits each receives per month.According to a Dec. 1 report from news…

Worldcoin launch divides opinions – crypto community has its say
The launch of blockchain-based digital passport platform Worldcoin has had a polarizing effect on the cryptocurrency community, with questions around its centralization, privacy and security highlighted.Worldcoin released its protocol token on July 24, with major exchanges like Binance announcing support for the token. The project consists of a privacy-preserving digital identity (World ID) and its…

Exchange CEO Explains Bitcoin Exploring Uncorrelated Price Action
Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route. “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that they were correlated,” he posited, adding:“However, the previous plunge of Bitcoin together with traditional financial markets is due to a liquidity…
