Data Suggests Bitcoin Holders Remain Steadfast – Bitcoin Magazine

[ad_1] This is an opinion editorial by Shane Neagle, the editor-in-chief of “The Tokenist.” Macroeconomic headwinds are continuously adding to a bearish narrative across all markets, including bitcoin. As of October 2022, bitcoin is down more than 60% since the start of the year, yet bitcoin’s trading volume remains fairly consistent since July 2022. Does […]

Three Arrows Capital Under Investigation by SEC, CFTC: Report

[ad_1] Key Takeaways The SEC and CFTC are investigating bankrupt firm Three Arrows Capital, according to a Bloomberg report. The firm reportedly misinformed investors about its balance sheet and failed to register with the regulators. The investigation has not been officially confirmed; Bloomberg received reports from an unnamed source. Share this article U.S. regulators are […]

Only the Smartest (and Most Foolish) Investors Own Bitcoin: Bank of Canada

[ad_1] A new report from the Bank of Canada has unearthed some intriguing facts about the state of Bitcoin ownership across the country.  The report found that about 13% of Canadians owned Bitcoin in 2021 – but that investors of average financial literacy are the least likely of all to buy in.  When and Why […]

Honeymoon Phase Is Over – Kraken Blog

[ad_1] Following several months of headwinds for the crypto space, the crypto market trended lower in September. ETH fell significantly more than BTC as Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. ETH sold off sharply post-Merge in classic “buy the rumor, sell the news” price action. The downtrending crypto market and […]

Who Will Dominate Web3?

[ad_1] If you follow cryptocurrencies, you will have noticed the term web3 coming to prominence. Sometimes web3 is simply applied as a convenient synonym for cryptocurrency and works as a kind of rebranding. If crypto doesn’t hold the nuance your project is hoping to carry, then switch to web3 instead, which sounds more respectable and […]

Google to Require Government Authorization to Provide Advertising Services for Financial Products in Spain – Regulation Bitcoin News

[ad_1] Google, the web search and software monolith, has announced that it will require authorization from government entities to lend advertising services to financial companies in Spain. This measure, which was also implemented in the U.K. back in 2021, is expected to be extended to more countries in coming months. Google to Require Government […]

SynFutures plans to integrate with Router Protocol to improve multi-chain access » CryptoNinjas

[ad_1] SynFutures, a decentralized derivatives exchange, announced today a new partnership with Router, a cross-chain protocol that enables fund transfer, asset swaps, and cross-chain applications. The projects will work together to expand their respective ecosystems and explore integration, taking a crucial step in SynFutures’ mission to become a multi-chain trading platform. Cross-chain, or blockchain interoperability, […]

Bitcoin Bullish Signal: Exchange Outflows Spike Up

[ad_1] On-chain data shows the Bitcoin exchange outflows have spiked up recently, a sign that could prove to be bullish for the crypto’s price. Bitcoin Exchange Netflow Has Observed Deep Red Values In Recent Days As pointed out by an analyst in a CryptoQuant post, investors have withdrawn more than 60k BTC from exchanges recently. […]

Bitcoin profitability for long-term holders decline to 4-year low: Data

[ad_1] Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic firm Glassnode, BTC holders are selling their tokens at an average loss of 42%. Bitcoin long term holders,  Source: Glassnode The Glassnode data indicate that long-term holders of the […]

Natural Gas And Nuclear Energy Are Becoming BTC Mining Sources

[ad_1] Bitcoin (BTC) energy requirement has been the highest source of concern regarding the crypto industry. During mining, its high consumption rate negatively impacts the environment. This issue could cause the government to ban BTC mining if no solution is preferred. Data shows Bitcoin expends nearly 150 tetra watt-hours of electricity yearly, which is more […]