In recent years, the landscape of Bitcoin holders has shifted dramatically. Gone are the days when private individuals dominated the top holder list. Now, institutions and governments have taken center stage, with their holdings far surpassing those of private holders. This shift in ownership highlights the increasing institutionalization of Bitcoin and the growing importance of
The Bitcoin price continues to trade sideways, with uncertainties on the macro side leaving investors undecided about their next move. Crypto analyst Michael van de Poppe has provided insights into Bitcoin’s price trajectory and has raised the possibility of the crypto dropping to as low as $48,000. Van de Poppe mentioned in a social media
Growing up in Edo State, Nigeria, alongside my three siblings has been instrumental in shaping my character and worldview. My parents, who have been my unwavering rock throughout my life, have instilled in me values of perseverance and resilience. Their unwavering support in both good and bad times has provided me with a sense of
Australia’s Securities and Investments Commission (ASIC) recently took legal action against the Australia Securities Exchange (ASX) Ltd. regarding misleading statements made about its blockchain trade settlement project. The lawsuit, filed on Aug. 14, accuses ASX of providing false information about the project’s progress and launch timeline. Despite claims made in February 2022 that the project
Brazilian regulators have fined crypto exchange Binance a significant $1.76 million to settle allegations of unlicensed derivatives trading in the country. This settlement with the Comissão de Valores Mobiliários (CVM) marks the end of a long year-long investigation into Binance’s activities in Brazil. The regulatory crackdown began in July 2020, when the CVM ordered Binance
Following the recent $235 million hack targeted at Indian crypto exchange WazirX, the platform has made a crucial decision to terminate its asset custody arrangement with Liminal. The exchange announced on August 14 that it will be transferring assets from Liminal to new multi-signature wallets in order to bolster the security of its remaining assets
Ethereum has shown a steady increase in price, surpassing the $2,650 resistance level. This uptrend in ETH has outperformed Bitcoin, indicating a strong bullish sentiment in the market. The price movement suggests a potential rally towards the $3,000 resistance zone in the near future. Upon analyzing the hourly chart of ETH/USD, it is evident that
Bitcoin has been hovering below the $20,000 mark for a significant period of time, leading some to speculate that it may never reach this peak again. However, a recent analysis by an anonymous crypto analyst, known as “Without Worries”, suggests that the potential for Bitcoin to fall back to $20,000 is not a question of
Bitcoin has been on a rollercoaster ride lately, especially when it comes to its price action. After recovering above the $60,000 resistance zone, BTC is now facing a major hurdle in clearing the $61,200 and $61,500 resistance levels. The struggle is real, and it remains to be seen whether the bulls or bears will emerge
The XRP price has caught the attention of a crypto analyst who is predicting a potential rally of up to 10,400%. This analyst, named Brett Hill, has shared an optimistic outlook for the native token of the XRP Ledger (XRPL), setting a price target of $60. In a recent post on social media, Hill expressed
