Summary: Mike Novogratz has warned the crypto community against picking price bottoms as it is dangerous. He also pointed out that most altcoins are down by over 80% from their highs, and the losses in the...
Summary: The Electric Coin Company has initiated research on a possible transition of ZCash from a proof-of-work mechanism to a proof-of-stake. The research will focus on shielded wallet UX and security, cross-chain interoperability, proof-of-stake security, issuance...
Summary: The Brazilian Crypto Exchange of Nox Bitcoin has announced that it will refund all UST Holders’ losses with USDT. Nox Bitcoin has set aside BRL 620,000 or approximately $127k for the refunds. Additionally, during the...
Summary: Bitmex founder, Arthur Hayes, will not spend a single day in jail for violating the U.S. Bank Secrecy Act. Mr. Hayes has been sentenced to two years probation with the first six months in home...
Quick take: Paul Veradittakit, a Partner at Pantera Capital, believes that crypto markets have entered a bear market. Mr. Veradittakit believes that bear markets are great for companies to focus on building. Additionally, bear markets are...
Quick take: Bobby Ong has forecasted that the next 12 to 18 months in the crypto-markets will be challenging. He cites the US Fed increasing interest rates to tame inflation as the reason to expect more...
Summary: Three Arrows Capital Co-Founder Zhu Su believes Bitcoin might have reentered an accumulation range. According to his analysis, Bitcoin has had a record-breaking seven weeks in the red, signaling possible accumulation. Bitcoin spot and derivatives...
Summary: Over $7.485 billion worth of Tether (USDT) has been redeemed for US dollars in the last week. The total supply of Tether (USDT) has reduced from the recent all-time high of $81.237 billion to $75.75...
Quick summary: According to CoinShares, digital asset investment products saw record weekly inflows of $274 million last week Bitcoin also saw $299 million in inflows in the last week Institutions saw the recent crypto market meltdown...
Key takeaways: The number of Bitcoin addresses holding one or more BTC has hit a new all-time high of 841,224 The current levels between the local low of $26,700 and $32k might be considered by some...
El Salvador’s president Nayib Bukele has announced that 44 nations are coming together in El Salvador to discuss Bitcoin. Apart from discussing Bitcoin, significant emphasis will be laid on topics such as financial inclusion, banking the...
Summary: Goldman Sachs and Barclays Bank have invested in Elwood Technologies The two banks made the investment during a funding round together with Dawn Capital, the venture divisions of German lender Commerzbank and Galaxy Digital The...