Feb 25, 2023 | Bitcoin (BTC)
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets...
Feb 20, 2023 | Bitcoin (BTC)
A 48% Bitcoin (BTC) price surge since the start of the year has pushed BTC’s market cap past that of payment processing giant Visa once again. With the BTC price currently at ,365, its market cap of 0.16 billion is now marginally above that of Visa with a market...
Feb 19, 2023 | Ethereum (ETH)
Ethereum core developer Tim Beiko noted that the indicated Shapella bug should not impact the timeline for the Sepolia upgrade scheduled for February 28. With the Shapella test run results out, Beiko noted that some parameters are not pleasing, and the developers are...
Feb 18, 2023 | Crypto Exchanges
Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to unnamed sources familiar with the matter, Nishad Singh, FTX’s former...
Feb 17, 2023 | Bitcoin (BTC)
Definition We can monitor the average price at which coins are withdrawn from all exchanges as a tool to estimate a market-wide cost basis. In this chart, we consider the average withdrawal prices for cohorts withdrawing from the largest exchanges by balance. Quick...
Feb 17, 2023 | Commodities
XAU/USD Analysis The blockbuster US jobs report at the beginning of February, revealed that unemployment dropped further to 3.4% and the lowest since 1969. This led to a repricing of expectations around the terminal rate, with markets embracing the Fed’s...
Feb 16, 2023 | Bitcoin (BTC)
Bitcoin (BTC) price rallied over 12% on Feb. 15, marking the highest daily close in more than six months. Curiously, the movement happened while gold reached a 40-day low at $1,826, indicating some potential shift in investors’ risk assessment for...
Feb 16, 2023 | Crypto Markets
The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive framework to regulate...
Feb 15, 2023 | Crypto Exchanges
The settlement between Kraken (Payward Ventures) and the United States Securities and Exchange Commission set off alarm bells in the crypto community this month. Apparently, Kraken — one of the most compliance-minded crypto exchanges in existence — decided to buy its...
Feb 15, 2023 | Bitcoin (BTC)
According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe...
