Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst

Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai. 599 Total views 10 Total shares Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new license in Dubai.Binance’s Dubai-based subsidiary, Binance FZE, has obtained an operational…

A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index — the difference in Bitcoin’s (BTC) price on Coinbase Pro and Binance — has turned negative, which suggests that pro traders may…

In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow investors to lock up crypto collateral and mint fiat-pegged stablecoins, including a U.S. dollar-based token called dUSD. It raised $10 million from investors that year, but it suddenly closed up shop in

From bartering to blockchain, the world of money – and the way we transfer it – has never stood still. Indeed, even the assets we prize have changed. Although it might be nice to have some vegetables in your fridge, using it as a form of currency has probably never crossed your mind.It’s easy to…

Last month’s proposal from Sam Bankman-Fried, CEO of crypto exchange FTX, for regulators to establish a litany of standards for the cryptocurrency industry poses an existential threat to decentralized finance (DeFi) platforms and entrepreneurial spirit. As one of a select few with the capital and clout to move the needle in the discussion surrounding crypto…

2020 has been a year full of challenges for the world, but for a country like China with such a large population base and rapid development, it has also been a year of opportunities.On Oct. 24, 2019, China officially upgraded its blockchain technology to be a national strategic priority. One year later, the development of…

Bitcoin on-chain activity dropped this low after May 2021’s crypto market crash and hasn’t risen above this level since. 1536 Total views 45 Total shares Despite Bitcoin’s (BTC) price growing 45% over the past 30 days, cryptocurrency investors are not moving their holdings, according to new data.Blockchain analytics provider Glassnode released its new “The Week On…

This week CNBC reported that Morgan Stanley will give its millionaire clients access to Bitcoin (BTC) starting in April and this shows that traditional financial powerhouses are under pressure from their clients who are demanding exposure to cryptocurrencies. This suggests that the rate of institutional adoption may still be at a nascent stage.Crypto market data…

Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show. In its latest report on the phenomenon published on Dec. 23, the analytics arm of exchange BitMEX, BitMEX Research, identified twelve major IEOs that launched this year. Of those, eleven are now almost worthless compared…