Crypto exchange volume hits record high: CCData

Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.” 554 Total views 3 Total shares The United States is in desperate need of open-minded cryptocurrency regulations from the incoming Biden administration, according to Galaxy Digital CEO Mike Novogratz. Appearing in a Thursday segment of CNBC’s Sqwuak Box, Novogratz said the Bitcoin (BTC) bull market has…

The New Google Cloud team aims to accelerate customers' efforts in the emerging blockchain and crypto spaces, a blog post explained. 118 Total views 17 Total shares Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.A Thursday announcement…

Bitcoin (BTC) bulls should brace for a potential onslaught from bears as the number of margined short positions on Bitfinex jumps by a little over 378%.Known to most by the ticker BTCUSD Shorts, the dataset records the number of bearish positions in the Bitcoin market. In simple terms, traders borrow funds from Bitfinex — their…

China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app. 2189 Total views 13 Total shares Alipay, the mobile payment platform owned by Ant Group, is set to allow some of its users to participate in the emerging digital yuan commerce ecosystem.According to a report by China Securities…

The Bitcoin spot ETF added to its holdings over the past five days, offering a positive sign that buyers were stepping in to take advantage of lower prices. 402 Total views 6 Total shares Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the…

The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate. 233 Total views 10 Total shares Layer-1 blockchain platform Wire Network announced the launch of its blockchain interoperability protocol called Universal Polymorphic Address Protocol (UPAP).In the Web3 ecosystem, which is comparatively nascent to the larger crypto market,…

Jack Dorsey’s Square now owns roughly 3,318 more BTC. 3629 Total views 22 Total shares Financial services outfit Square just announced it has picked up more Bitcoin. Square “has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million,” the company said in a public statement on Tuesday, adding:“Combined with Square’s previous purchase of…

The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success. ETHPOW drops 80% On the daily chart, ETHW's price has dropped by more than 80% to $25 on Sep. 10, over a month after its market debut.ETHW/USD daily price chart. Source: TradingViewFor starters, ETHPOW only…

Last week, another major quake shook crypto markets. Silvergate Bank — a crypto-fiat gateway network for financial institutions and a significant on-ramp for cryptocurrencies in the United States — shut down operations due to liquidity problems. A couple of days later, another ​​Federal Deposit Insurance Corporation-insured institution, Silicon Valley Bank (SVB), was shut down by California’s…