Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst

In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity over-the-counter (OTC) physical Bitcoin (BTC) markets.Diar noted growing investment in OTC funds like that offered by major American cryptocurrency exchange Coinbase. According to the report, Coinbase outperformed Grayscale’s Bitcoin Investment Trust (GBTC) on OTC markets…

What goes up must come down? Not so fast, says Pierce Crosby. 2040 Total views 14 Total shares Following record price highs of more than $24,000 per coin, Bitcoin (BTC) has consolidated, retracing slightly in price. The asset might have stalled for now, but the future remains bullish according to TradingView general manager, Pierce Crosby. "Right now,…

Bitcoin acts as a gateway to altcoins, with only 24% of investors keeping the faith, according to research from Coinbase. 1461 Total views 31 Total shares Bitcoin (BTC) acts like a gateway down the altcoin rabbit hole, according to new research from Coinbase. The research found that while 60% of users buy Bitcoin as their…

Worldcoin faces allegations of price manipulation after delaying unlocking 80% of its native tokens.

This comes after the Nigerian Securities and Exchange Commission released a circular stating the illegality of Binance Nigeria Limited in the country. 487 Total views 9 Total shares Binance CEO Changpeng Zhao has announced that Binance has officially issued a cease and desist notice to the fraudulent entity known as Binance Nigeria Limited. On Sunday, June 18, Zhao…

A new Monero update brings improvements in performance, speed, and security amid increased scrutiny from law enforcement and developments from competitors 342 Total views 10 Total shares First announced in September, Monero developers today went live with a network update featuring a new version of its node software, codenamed 'Oxygen Orion.' The product of 30…

The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins. Own this piece of crypto history Collect this article as NFTAfter passing its landmark legislation on stablecoins in June, Japanese regulators are considering complementing it by restricting the algorithmic backing of stablecoins.…