In June 2022, Grayscale sued the Securities and Exchange Commission (SEC) after the regulator again refused to convert Grayscale Bitcoin Trust (GBTC) into a spot ETF. The case is expected to continue in the second half of 2023, but Grayscale…
On-chain data shows Bitcoin short-term holder profit-taking has spiked, will this lead to a correction in crypto prices? Bitcoin Short-Term Holder SOPR Has Surged Recently As the analyst pointed out in the CryptoQuant post, the occurrence of the current trend…
Bitcoin (BTC) saw weakness at the January 25 Wall Street open as US equities fell in step. BTC/USD 1 hour candlestick chart (Bitstamp). Source: TradingView BTC price is facing stiff resistance Data from Cointelegraph Markets Pro and TradingView show BTC/USD…
Kazakhstan, above all, is the second largest Bitcoin mining country on earth. Then, in a year, it capitulated. While mainstream news commentators are quick to pick on the reasons why the Kazakh authorities are against Bitcoin mining operations, the consequences…
Data from Santiment shows Polkadot is the #1 cryptocurrency in the market for the past month based on development activity. Polkadot Sees the Best Development Activity in the Last 30 Days According to data from an on-chain analytics company Holy,…
Bitcoin price rally has stopped for five days now. After BTC experienced a furious surge from $21,000 to $23,000 last Friday, the price is currently in a consolidation phase. The reasons for this are various. As reported by NewsBTC, Bitcoin’s…
Web3 firm MetisDAO Foundation launched Koris, a platform based on smart contracts that allows decentralized organizations to operate and manage communities through an end-to-end operational infrastructure. In an announcement sent to Cointelegraph, the company said that Koris aims to transform…
Stablecoin Djed is expected to drive new growth and new use cases in the emerging decentralized finance (DeFi) space within the Cardano ecosystem. In the past few weeks, the developer of Djed, COTI Network, stated that the stablecoin will definitely…
Avalanche has climbed the charts since the beginning of the year, following the rally of the broader crypto market as major cryptocurrencies penetrate important resistances. But now, the original token AVAX seems to have found a new ceiling. according to…
Australian cryptocurrency exchange Digital Surge appears to have avoided collapse, despite having millions of dollars in digital assets tied up in the now bankrupt crypto exchange FTX. On January 24 local time, Digital Surge’s creditors approved a five-year bailout plan,…