Altcoin rally takes market share away from bitcoin and prevents it from returning to all-time highs Bitcoin is stuck in the “ambivalence zone” because of the altcoin rally. That’s the conclusion reached by analysts at Santiment. According to them, the leading…
Cryptocurrency exchange Binance temporarily stopped the withdrawal of all digital assets due to high demand from traders/ First it became known that the cryptocurrency exchange Binance temporarily banned the withdrawal of ether (ETH) and stellar (XLM). This is reported on the…
The largest Swiss financial holding UBS Group AG is studying the possibility of providing investment services in cryptocurrencies to wealthy clients. Swiss financial giant UBS Group AG plans to provide services on crypto-investments. This is reported by Bloomberg, citing an informed…
The Central Bank of Kazakhstan has presented a report for public discussion on the issue of digital national currency. The National Bank of the Republic of Kazakhstan intends to study in detail the advantages and risks of introducing the digital tenge.…
Mining pools prefer to buy more than sell mined digital assets. Glassnode data shows that bitcoin outflows by miners of the cryptocurrency reached a four-month low of 49,893 bitcoins when looking at weekly averages. This was another sign that despite bitcoin…
Bitcoin correction in April coincided with a decline in onchain activity, which may point to the departure of traders into altcoins and a prolonged consolidation of BTC Bitcoin failed to develop a bullish trend in April. Some traders took it as…
CME Group has announced the launch of trading in bitcoin microfutures contracts. This tool could attract more retail traders to BTC. Big benefits of small contractsChicago-based commodities exchange CME Group, one of the world’s leading derivatives trading venues, announced an upcoming…
Shares of Apple were less popular for daily trading than bitcoin, Finbold found out In April the daily trading volume of Apple (AAPL) was seven times less than bitcoin (BTC). That’s the conclusion reached by Finbold. The highest activity on shares…
China-based Canaan, which makes bitcoin mining machines and whose shares trade on the Nasdaq, has received one of the largest orders in its history: Genesis Digital Assets has placed an order for $93.63 million. For that amount, Genesis Digital Assets intends…
Nexon is one of the global leaders in the Virtual Worlds gaming segment. Nexon, a Japanese company that is a prominent player in the global gaming industry, announced that it bought 1,717 bitcoins, paying approximately $100 million (JPY 11.1 billion) for…
Investment company Pantera Capital said in a letter to clients that it has developed a bitcoin price forecasting model based on an analysis of investors’ inflows to the No. 1 cryptocurrency. According to the model’s findings, the price of bitcoin rises…
Coinbase, the largest U.S. cryptocurrency exchange, which recently conducted an IPO through a direct sale of its shares, announced that it has opened trading in Tether staplecoins on the Coinbase Pro platform. Tether Stablecoins (USDT), which have a 1:1 price parity…