The cryptocurrency industry is transforming significantly due to heightened government regulations, particularly in the United States. Many US-based crypto companies, especially exchanges, are considering strategies to shift their operations abroad, which includes exploring new markets and contemplating relocating entirely out of the country. In contrast, Europe has become an attractive destination for crypto firms seeking […]
Bitcoin (BTC) Now Checks The Three Criteria for Rally to New All-Time Highs, Says Crypto Analyst
Bitcoin (BTC) is now checking the three main requirements for another explosive rally to new all-time highs, according to a popular crypto analyst. Pseudonymous analyst TechDev tells his 418,000 followers on social media platform X that Bitcoin has now hit the “3-prong signal” that previously foreshadowed the other four BTC rallies to new highs. TechDev […]
SEC raises concerns over Coinbase in objection to Celsius restructuring plan
Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection.
Does Geopolitical Multipolarity Increase the Chances of a 51% Attack on Bitcoin?
The politics of geopolitics is here, most acutely in regards to Russia which has seen a section of the tech industry promote its interests.
US SEC raises concerns over Coinbase providing services to Celsius
The US regulatory watchdog, SEC, raised concerns over Coinbase’s involvement in Celsius’ bankruptcy filing.
New Research Reveals 95% of All NFTs Are Worthless
Non-fungible tokens (NFTs) emerged as the poster children of a digital renaissance. With the hype reaching its peak during the 2021 bull run, the NFT market saw nearly $2.8 billion monthly trading volume in August 2021. But by July 2023, the tune has changed drastically. Indeed, weekly traded values plummeted to around $80 million, marking […]
MicroStrategy boosts Bitcoin holdings as BTC sits tight near the $26k range
Business intelligence company, MicroStrategy made an addition to its existing BTC portfolio. Between 1 August and 24 September, the company bought an additional 5445 BTC. However, the price of BTC remained unchanged.
Bitcoin Social Media Talk Drops To 3-Month Low, All Eyes On Altcoins?
Data shows the social media talk around Bitcoin has dropped to low levels recently, indicating that investors are paying attention to altcoins instead. Bitcoin Social Dominance Has Declined To Just 17% Recently According to data from the on-chain analytics firm Santiment, BTC-related discussions on social media have dropped recently. The relevant indicator here is “social […]
Bitcoin Holders Optimistic Amid Price Stagnation, Eyes On SEC ETF Decision
In the face of Bitcoin’s recent price stability, dedicated holders of the leading cryptocurrency maintain unwavering confidence in an imminent bullish rally. Their optimism is primarily driven by the potential approval of a spot BTC ETF by the U.S. Securities and Exchange Commission (SEC), with expectations ranging from late 2023 to sometime in 2024. Over […]
MicroStrategy Brings BTC Haul to 158,245 with $147.3M Spree
The US tech firm continues pursuing its Bitcoin treasury strategy, buying more coins on September 24. Continue reading at DailyCoin.