Over 400 million crypto wallets have a non-zero balance — Chainalysis

A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts. 213 Total views 3 Total shares Bitcoin (BTC) bounced past $20,000 on Sep. 9 as a much-anticipated “short squeeze” took hold.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC could go to $25,000Data from Cointelegraph…

The average value and volume of transactions conducted on the BTCM platform increased by 48% and 118 percent in 2021, with the average daily orders increasing by 42%. The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the…

Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot. 1429 Total views 4 Total shares Five Senators have called for the immediate closure of Facebook’s new crypto wallet just hours after it was launched in partnership with Coinbase.Crypto skeptic Senator Elizabeth Warren was one of the…

Despite criminal charges from the DOJ and at least one arrest of its leadership, Bitmex promises to continue operating as usual. In a blog post published Thursday afternoon, Bitmex lashed out at charges that the Commodity Futures Trading Commission and Department of Justice filed against the exchange and its management earlier today.Bitmex's statement claimed that "From our early days as…

Travala integrates Solana blockchain for seamless crypto payments, allowing hotel and flight bookings via SOL, USDT, and USDC.

This interview has been edited and condensed.Aside from occasional blisteringly anti-crypto commentary from the likes of Warren Buffett and Bill Gates, one of the crypto industry’s most consistent and vocal naysayers is IT industry analyst Jason Bloomberg.Bloomberg is a published author, Forbes contributor and president of the firm Intellyx, which helps enterprises integrate new technological…

The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators.

Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling cryptocurrencies to profit is known as cryptocurrency trading. Trading in cryptocurrencies can be defined…