Bought the dip? 3 signs that $90K Bitcoin price was the local bottom
The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest.
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19% of World Population Bought Crypto Before 2019: Kaspersky Report
A new survey by Moscow-based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have purchased cryptocurrency.The survey, titled “The Kaspersky Cryptocurrency Report 2019,” was carried out in October and November 2018, with a total of 13,434 respondents in 22 countries.According to the report, 81% of global population have never…

Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?
Warren Buffett and Bill Ackman are two of the most successful investors in the world, but they have taken opposing views on the bond market in recent months.Only one can be right. Billionaire investor Bill Ackman says he is shorting US Treasuries. if long-term inflation is 3% not 2%, the 30y Treasury yield could rise…

Institutional investors shorting Bitcoin made up 80% of weekly inflows
Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million. Institutional investors loaded up on a record $51.4 million worth of investment products offering exposure to shorting the price of Bitcoin (BTC) last week. According to…

Radiant Capital $58M hack an expensive ‘lesson’ for DeFi
Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements.

European Parliament will hold vote on crypto bill without PoW provision
"Strong support for MiCA is a strong signal from the EU Parliament for a technology-neutral and innovation-friendly financial sector," said Stefan Berger. 904 Total views 8 Total shares The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns over proof-of-work mining.In a Monday Twitter thread,…

Binance Smart Chain hits record-high daily transactions
The DeFi platform has recorded approximately 1.75 billion lifetime transactions since its launch in August 2020. 103 Total views 3 Total shares Analytical data from BscScan, a sister product of Etherscan, reveals that Binance Smart Chain (BSC) surpassed 14.7 million blockchain transactions on Nov 16. This establishes a landmark all-time high for the decentralized finance (DeFi)…

In an Apparent First, U.S. SEC Penalizes Crypto Hedge Fund
The U.S. Securities and Exchange Commission (SEC) has issued a cease and desist order and a $200,000 fine to Crypto Asset Management (CAM) and its founder Timothy Enneking, according to a document published on the commission’s website Tuesday, September 11. According to CNBC, this is the first SEC disciplinary action against a digital asset management…

KuCoin inches closer to recovery by reopening deposits and withdrawals
After a crippling hack, KuCoin looks to return to normalcy — but what's next for the troubled exchange? 344 Total views 6 Total shares In the latest step towards full recovery after a devastating hack in September, Crypto exchange KuCoin announced today in a blog post that it has “restored the deposit and withdrawal services…