Glassnode: Bitcoin has entered the stage of euphoria

Cryptocurrency News

Analytical company Glassnode announced that Bitcoin has entered a stage of euphoria against the backdrop of updating its historical maximum. The market is witnessing a change of ownership of the first cryptocurrency – the asset is moving from long-term investors to speculators and novice investors. Investors who bought Bitcoin at a low cost in 2023 began to take profits. This increases the circulation of “young coins” (assets that have moved within the last three months)…

The court ordered Changpeng Zhao to deposit all his passports

Cryptocurrency News

A US federal court has imposed further restrictions on Binance founder Changpeng Zhao, saying he must surrender all his passports and notify law enforcement of his movements. This means that Changpeng Zhao will not be able to leave the United States. The court order to surrender the passports demonstrates the serious intention of law enforcement agencies to bring the case against the Binance founder to a real prison sentence. To recap, Zhao pleaded guilty last…

ConsenSys: 17% of American crypto investors invested in the SHIB memcoin

Cryptocurrency News

According to a survey conducted by ConsenSys, 17% of US cryptocurrency investors said they have ever invested in the SHIB memcoin or still own the token. Analysts at ConsenSys, created by Ethereum co-founder Joseph Lubin, conducted a survey of 1,018 people living in the United States. Half of the survey participants said that they had never bought cryptocurrencies, the remaining 50% said that they already had experience investing in this new asset class. Of these,…