On-chain analytics company Glassnode has taken down a group of Bitcoins that have been collected and distributed over the past year. Bitcoin Whale Distributes Coins Equivalent to 60% of Mining Supply Over Past 12 Months As data from Glassnode, whales,…
With the hope of generating results while offering the most known users, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to distribute $100 million of Circle’s USD Coin (USDC) in Yearn Finance’s yield-generating account called the…
According to local news Infomax, South Korean prosecutors requested an arrest warrant on January 25 for Kang Jong-Hyun, chairman and owner of digital currency exchange Bithumb. Which is expected in the allegations of embezzlement related to activities in the exchange.…
State Senator Wendy Rogers (R-AZ) has introduced a set of bills aimed at making bitcoin legal tender in Arizona and allowing state agencies to accept bitcoin. The proposed legislation aims to recognize bitcoin as a legal form of currency in…
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…