Apr 03 2024
daily inflows into Bitcoin accumulation addresses have risen to 38,000 BTC. The total holdings of such wallets have reached record-high levels of 1.5 million BTC. Analysts said the crypto market may be at the beginning of the part of the cycle where new investors buy from older ones at higher prices. This development can be …
Apr 03 2024
The U.S. blacklisted 10 members of his government and their spouses under the the Global Magnitsky Program for corrupt practices. The new measures replace an older set of sanctions against the Southern African state, which the Biden administration felt were too harmful to the Zimbabwe economy. “The United States remains deeply concerned about democratic backsliding, …
Apr 03 2024
Alba Luz Flórez Gélvez, also known as Mata Hari, is believed to have taken nearly US$50,000 from the Administrative Department of Security. She justified the withdrawals with fake invoices and other documents. The former detective was particularly interested in information about “parapolitics” cases, a term in Colombia referring to cases involving extreme right-wing illegal armed …
Apr 03 2024
Mudrex intends to introduce U.S. spot Bitcoin exchange-traded funds (ETFs) to target both institutional and retail investors within India. The move comes amid India’s latest government action to tighten offshore crypto exchanges regulation. During its initial phase, the platform will first feature listing four spot Bitcoin ETFs – BlackRock, Fidelity, Franklin Templeton, and Vanguard. The …
Apr 02 2024
Ilya Lichtenstein, the man behind the looting of billions of dollars from Bitfinex, is now helping federal prosecutors build a case against Bitcoin Fog, a crypto mixing service. He testified that he used the service about ten times to launder funds. However, he mentioned that the platform was not his main money laundering method since …
Apr 02 2024
The U.S. Securities and Exchange Commission has once more postponed its decision to approve or deny the applications for spot Ethereum exchange-traded funds. The latest delay comes weeks after the agency greenlighted several Bitcoin ETFs that have since gained massive traction. BlackRock’s initial application was lodged in November, with the federal regulator postponing its decision …
Apr 02 2024
Pandora has witnessed a remarkable surge of over 30% in the last 24 hours amid a broader market resurgence. This increase can be attributed to recent by crypto wallets from renowned exchanges like Binance and OKX, which the inclusion of support for the ERC-404 token standard. The Pandora token peaked at $32,427 today, marking a …
Apr 02 2024
Bithumb briefly reached an all-time high market share of 72% in early February compared to its main competitor, Upbit. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Upbit and Bithumb, the top exchanges in the country, both saw their trading volumes peak during the …
Apr 02 2024
El Salvador initiated its Bitcoin purchases in September 2021, when Bitcoin was valued at $51,769. President Nayib Bukele’s Bitcoin strategy was questioned after its value dropped from $69,000 in November 2021 to $16,000 a year later. However, the investment returned to profitability when Bitcoin surpassed the average purchase price of $42,600 in February. El Salvador …
Mar 21 2024
The total cryptocurrency market capitalization stands at $2.057 trillion. Bitcoin’s price charted a decline of 2.8% in the past seven days. It was trading above or very close to $52K for quite a while during the past week. It attempted to solidify above $3K on a few occasions, but the bulls were unable to upkeep …