US Bitcoin miners hodl in expectation of BTC price rises

In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the industry believe the upward trend will likely continue. On Nov. 6, data published by blockchain analytics firm Nansen showed that NFT sales volume leaped

As Bitcoin (BTC) lost the $52,000 support on April 22, the futures contracts funding rate entered negative terrain. This uncommon situation causes the shorts, investors betting on price downside, to pay fees every eight hours.While the rate itself is mildly damaging, this situation creates incentives for arbitrage desks and market makers to buy perpetual contracts…

BlackRock’s IBIT and Grayscale’s GBTC, the two largest spot Bitcoin ETFs by net asset value, saw zero flows on Monday.

United States prosecutors told a Manhattan jury that lawyer Mark S. Scott was paid $50 million to help OneCoin co-founder and current fugitive Ruja Ignatova launder $400 million.On Nov. 20, Law360 reported that the Manhattan U.S. attorney's office and the New York County district attorney's office are in the last phase of prosecuting Scott,  a…

Taiwan plans to release draft Initial Coin Offering (ICO) regulation by June 2019, local English-language daily news outlet Taipei Times reported Tuesday, Oct. 23.The publication quoted plans from Wellington Koo, chairman of Taiwanese finance regulator — the Financial Supervisory Commission (FSC) — who was speaking at a meeting of the Legislative Yuan Finance Committee.“The more…

Chinese authorities called the metaverse “attractive and deceptive,” where users are prone to lose money if they are unaware of the risks. 29 Total views 19 Total shares After eradicating crypto trading and mining in the country, the Chinese government’s next concern lies with the growing scams around the metaverse projects.The Chinese Banking and Insurance…

The supply of ETH has been gradually increasing since mid-April with the Dencun upgrade decreasing competition for block space on the mainnet.

The world’s largest digital asset management firm has pulled advertising from a Fox News prime-time show following controversial comments about a recent U.S. shooting. Grayscale Investments, a major crypto investment firm with $5.8 billion in assets, has pulled advertising from Tucker Carlson’s prime-time show following the host’s controversial comments about a recent shooting at a…

Blockchain network Ripple has filed a controversial motion to dismiss a lawsuit over it allegedly selling unregistered securities.Ripple: Securities ruling beyond scope of the courtIn a court filing uploaded by Fortune on Sept. 20, lawyers representing the company against investor Bradley Sostack dismissed the claims against it.Part of an ongoing legal battle, Sostack says Ripple’s…