Only 12.7% of crypto wallets report profits on Polymarket
Only 12.7% of Polymarket users have made profits in the prediction market, with most earning less than $100, according to onchain data.
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Institutional managers hold a record $72.3B of crypto — CoinShares
Bitcoin and the broader cryptocurrency market are bullish again; institutional investors have increased their allocation accordingly. 552 Total views 32 Total shares Institutional inflows into cryptocurrency products rose last week, as investment managers increased their exposure to Bitcoin (BTC) and leading altcoins, according to the latest CoinShares report. Total assets held by institutional managers reached $72.3…
Bitcoin search interest nears 1-year lows as BTC price slips below $55K
No one seems very interested in Bitcoin despite BTC/USD being barely 15% from all-time highs. 1088 Total views 21 Total shares Bitcoin (BTC) saw a widely-anticipated pullback on Oct. 13 as bulls struggled with February's old all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts unfazed by BTC price pullbackData from Cointelegraph Markets Pro and TradingView showed…
Coming Soon: Craig Wright The Movie (and Book)
Calvin Ayre, the most high profile supporter of Craig Wright, is funding a new documentary and book about the life of the Satoshi claimant. Bitcoin SV benefactor Calvin Ayre has announced he’s funding a documentary centered around the life and times of Craig Wright, the Australian man who claims to have invented Bitcoin.According to an…
Thomson Reuters Partners With Verady On Tool To Tackle Crypto Taxes
Thomson Reuters, the multinational media conglomerate, announced on Dec. 19 a partnership with Verady, a firm that specializes in the accounting and reporting of cryptocurrencies and blockchain assets. The two companies will collaborate on bringing a new cryptocurrency tax tool to market.Thomson Reuters GoSystem Tax RS product will soon include a “Virtual Currency Organizer” for…
OnlyFans offers NFT profile picture feature
One more social network seeks to maximize creator gains by integrating NFT capabilities into its platform. 384 Total views 14 Total shares Amrapali "Ami" Gan, OnlyFans' CEO, commented in a statement to Reuters that the online subscription platform known for adult content will enable creators to make nonfungible token, or NFT, profile pictures."Our mission is to…
Pentagon contracts with Inca Digital for a security-focused digital asset mapping tool
The creator of the Nakamoto Terminal will help the government and businesses understand the interaction of traditional and digital financial systems and track money into and out of blockchains. 380 Total views 16 Total shares Digital asset data analytics company Inca Digital will study the implications of digital assets for national security under a year-long…
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
The 56 million Robinhood Markets shares at stake are currently worth around $450 million. 442 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTEmbattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of…
Tax and KYC Issues Plague Upbit’s Foreign Withdrawals, Exchange Says
A Jinse report said that many Chinese Upbit users are finding it difficult to withdraw Korean Won ever since December. Upbit has announced to its foreign users the reasons their withdrawals are still restricted on Feb. 19 in an announcement. Upbit said in the announcement that (Know Your Customer) KYC and Korean taxation on cryptocurrency among…