JPMorgan conducted an e-trading survey that involved 835 institutional traders from 60 locations. The survey aimed to get the views of traders regarding upcoming trends and hotly debated topics. The questions were not crypto-specific but rather aimed to get an…
Crypto Industry is Under Siege by Regulators
Crypto has always been under attack from the day it was created. It has survived despite the odds due to the support of users who believe in financial freedom. The U.S. government is currently using several tactics in its arsenal in…
Bitcoin Demand Explodes In Nigeria as Old Fiat Notes Face Invalidation
The Nigerian government’s recent decision to invalidate certain fiat notes has led to an increase in the demand for Bitcoin (BTC) in the country. The deadline set for submitting the old 500 and 1,000 naira notes has caused citizens to…
Bitcoin a Hyped-up Fraud and a Pet Rock – JPMorgan CEO
Bitcoin (BTC) has its share of haters. One of the most prominent is JPMorgan’s Chairman and Chief Executive Officer, Jamie Dimon. He has been a Bitcoin critic for years and even described the top cryptocurrency project as fool’s gold and…
Reserve Bank of India(RBI) Governor Mr.Das says Crypto must be banned and compares it to gambling
RBI (Central Bank) has been playing the ban game for a while and ruling against its citizens to have control over the Indian currency. They have gone to the extent of not allowing fiat to crypto transfer and even taxing…
Novogratz’s Galaxy Digital Saves Argo From Bankruptcy With $100M Mining Rig Acquisition
Michael Novogratz’s crypto-focused financial services firm, Galaxy Digital, will purchase Argo’s Helios Bitcoin (BTC) mining facility and provide an additional $35 million loan to assist with restructuring efforts. This was announced in an official press release issued by Argo Blockchain.…
Cardano Advances Blockchain Technology with Two New Innovations
Charles Hoskinson’s Cardano, a blockchain platform known for its emphasis on security, scalability, and sustainability, is introducing two new innovations that are expected to advance the platform’s capabilities. Cardano’s New Price Index The first innovation is CIP-1694, a mechanism for…
New Research Shows Smaller Bitcoin Investors Are Buying As Whales Sell Off
According to on-chain data, some non-whale Bitcoin investors appear to have had no problems with the cryptocurrency bear market or the fear, uncertainty, and doubt (FUD) surrounding the demise of FTX. A Tale of Shrimps and Crabs According to research…
Binance Publishes BTC Proof Of Reserves to Reassure Customers Of Funds Safety
As promised by CZ, the CEO of Binance, the exchange has made public its proof of reserves for Bitcoin. On-chain reserves totaling more than 582,000 BTC—more than 1% of the entire amount of client deposits—back consumer funds. Proof Only Covers…
Belgium Declares that Bitcoin and Ethereum Are Not Securities
Belgium’s Financial Services and Markets Authority has declared that crypto assets without issuers, like Bitcoin (BTC) and Ethereum (ETH), are not securities. In a press release on November 24, the financial regulator stated that it is unconcerned with the technology…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
