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DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%
13.7.2024
DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of this year. The surge reflects growing institutional interest in digital assets as part of alternative portfolios....
UK Law Commission sees no need for DAO-specific legal entity
12.7.2024
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks
UK Law Commission sees no need for DAO-specific legal entity
12.7.2024
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks
Bitcoin 'Power Law' sees up to 300% BTC price gains by late 2025
9.7.2024
BTC price momentum is still at least three months from returning upward, says analysis, but the outlook for the coming years should delight Bitcoin bulls
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
7.7.2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty...
Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
5.7.2024
Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by Inflows From Major Exchanges This movement, along with...
Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud
5.7.2024
The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer...
Coinbase’s base blockchain sees record-breaking TVL surge
4.7.2024
Coinbase’s layer 2 blockchain, Base, has witnessed a record-breaking hike in terms of total value locked (TVL) by investors in anticipation of its smart wallet. For the past three months, Base has been experiencing exceptional growth, leaving its competition, Arbitrum and Optimism, way behind....
Trump-Biden Tussle Sees PoliFi Sector Lose Lustre as BODEN Drops 95% From Peak
3.7.2024
Token is down 70% on-week, or 82% on-month as the world wonders if Biden will end his campaign
Bitcoin price gets 'interesting' as triple candle close sees $61.5K return
30.6.2024
BTC price action sees uncommon moves for a weekend ahead of Bitcoin's weekly, monthly and quarterly close
Digital collectibles market sees 45% decline in Q2
26.6.2024
CryptoSlam data shows a significant volume drop for NFTs from Q1 to Q2, with digital collectibles set to hit the lowest monthly transactions since March 2021
Bitcoin price sees oversold bounce to $62K but will it hold?
25.6.2024
Bitcoin price snaps back above $62,000, but technical traders are unsure whether the BTC downtrend is over
Heavy Sell-Off Sees Bitcoin Drop Below $60K, Over $140M in BTC Longs Liquidated
24.6.2024
Bitcoin’s price fell beneath the $60,000 mark on Monday, declining over 6% against the U.S. dollar. At 1:30 p.m. EDT on June 24, the currency’s price hit an intraday low of $59,809 per coin. Bitcoin Struggles Against Bearish Market, Slides to Near $60K Level This Monday proved...
McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'
21.6.2024
Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report
After SEC ends Ethereum 2.0 probe, community sees Solana and Polygon safe
20.6.2024
The US Securities and Exchange Commission recently announced dropping its investigation into Ethereum 2.0. This serves as a notification that it will no longer pursue its legal course to classify Ether as a security. Consensys is committed to seeking more clarifications via a legal course, and...
‘No clear catalyst’ as altcoin bloodbath sees top coins dip double digits
18.6.2024
Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflow
Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team
18.6.2024
Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth in its network, which is in turn driven...
NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
15.6.2024
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum...
Fidelity’s Spot Bitcoin ETF sees second largest outflow
14.6.2024
Of late, 11 US spot Bitcoin exchange traded funds (ETFs) witnessed net outflows amounting to $226.21, an enormous figure by any count. In the case of Fidelity’s FBTC, it experienced reaching the figure of $106 million, its second-highest figure, in terms of net outflow. Grayscale mentioned...
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
14.6.2024
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South Africa account for the lion’s share of Pick...