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Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence
27.8.2020
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto,...
FTX Exchange’s $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play
26.8.2020
The deal is a strategic play for FTX, whose clientele consists largely of quants and professional traders, to attract more retail customers
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
China's digital yuan trials reportedly limited to small retail transactions
24.8.2020
China’s central bank released a new statement to debunk some rumors
Grayscale’s Litecoin and Bitcoin Cash Trusts Trade for Tremendous Premiums
22.8.2020
This week data from Arcane Research shows there’s been massive demand for Grayscale’s recently launched publicly traded crypto trusts. Following the trusts getting DTC eligibility last monday LTCN (litecoin) shares have been selling for a 753% premium while BCHG (bitcoin cash) shares...
Bitcoin and Tesla: America’s Most Loved Assets on Tradingview
15.8.2020
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of...
$12K Bitcoin Price in Sight as Retail, Institutional Traders Turn ‘Greedy’
14.8.2020
Bitcoin price is consolidating into a tighter range as traders prepare for a third attempt on the $12K level
Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows
7.8.2020
The amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an almost similar margin during the same period. According to new data from Glassnode, the percentage of supply owned by entities holding 10 BTC or less has grown from...
Nearly $100 Million in Bitcoin Moved to Ethereum in July, Led by Retail Traders
1.8.2020
Over 76% of tokenized bitcoin have been minted by Wrapped Bitcoin
Novogratz: Global ‘Liquidity Pump’ Will Keep Bitcoin Rising, Price to Hit $20K This Year
30.7.2020
Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency. Mike Novogratz’s...
Sign of ‘Retail Frenzy’ as DeFi Token Sale Gets Oversubscribed 46 Times
16.7.2020
A new initial exchange offering (IEO) on crypto exchange Gate.io has recently raised eyebrows in the crypto community with a sale that got reportedly oversubscribed a whopping 45 times.
The token in question is the Meter Governance Token (MTRG) from a project known as Meter, which describes itself...
Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply
2.7.2020
A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving...
Retail May Consume 50% of Bitcoin Supply After Next Halving – Report
2.7.2020
Despite all the talk of financial institutions entering bitcoin (BTC), retail demand may in fact end up consuming more than half of all physical supply of bitcoin after the next halving, a new report by crypto derivatives exchange Zubr said.
According to the report, which analyzed data from...
Who’s Buying Bitcoin? Retail Demand Expected to Double by 2024 Halving
1.7.2020
New data shows Bitcoin accumulation by retail investors continues to surge despite the economic downturn and increasing inflows from institutional investors
First Mover: The Return of the Bitcoin Retail Investor (And Why That’s a Good Thing)
29.6.2020
It's been assumed for years that well-heeled financial institutions would become the main driving force and primary investor class in crypto. That narrative may underestimate the power of the retail investor
Coinbase Lists Compound’s COMP Token for Retail Crypto Traders
26.6.2020
The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump
Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold, Says Chainalysis
21.6.2020
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis. Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June...
Most Bitcoin Traders are Retail, But Pros Dominate the Market - Report
19.6.2020
Although the bitcoin (BTC) market has grown to include a huge number of smaller retail traders, the markets where bitcoin prices are actually determined are still dominated by a small number of “professional traders,” a new report from crypto analysis firm Chainalysis said. These professionals...
Hedge Funds, Retail Investors Bought the Dip — Kraken CEO Jesse Powell
19.6.2020
Kraken CEO Jesse Powell says the exchange saw a “massive influx” of hedge fund and retail investors as Bitcoin price dropped below $4,000 on March 12