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CryptoQuant: Investors believe in Ether

Posted by  on  18/03/2024
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Analysts at CryptoQuant say investors are showing strong faith in Ether. Proof: spot reserves of the second largest cryptocurrency by capitalization on crypto exchanges are declining. There is virtually no significant selling pressure in the Ether market. According to CryptoQuant experts, ether reserves are declining due to a large outflow of funds. At the same time, the total value of ether staked increased, exceeding 31 million ETH, which is further confirmation of investors’ faith in
CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Posted by  on  15/03/2024
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It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

The Hong Kong regulator has added the Bybit crypto exchange to the list of suspicious services

Posted by  on  15/03/2024
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Hong Kong’s Securities and Futures Commission (SFC) has listed cryptocurrency exchange Bybit as a suspicious platform, warning the public of the risks associated with 11 Bybit products. The financial regulator has classified Bybit as a “suspicious” cryptocurrency trading platform. The regulator raised doubts about 11 Bybit products. These are Bybit Futures and Inverse Futures, Options, Leveraged Tokens, Dual Asset and Dual Asset 2.0, Bybit Shark Fin, Liquidity Mining, ETH 2.0 Liquid Staking, Bybit Web3 Staking,

London High Court: Craig Wright is not Satoshi Nakamoto

Posted by  on  15/03/2024
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The High Court of Business and Property of England and Wales has handed down its final verdict in the Crypto Open Patent Alliance (COPA) claim. The Developers Alliance demanded that the entrepreneur who tried to impersonate the creator of Bitcoin be rejected. The court ruled: Craig Wright, who is seeking recognition as Satoshi Nakomoto, cannot claim copyright on the White Paper of the first cryptocurrency. Judge James Mellor allowed the COPA claim to be fully

Glassnode: Bitcoin has entered the stage of euphoria

Posted by  on  13/03/2024
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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

Posted by  on  13/03/2024
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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

Posted by  on  13/03/2024
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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,

Bitcoin reaches new all-time high of $71,000

Posted by  on  11/03/2024
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According to the analytical portal CoinMarketCap, on Monday, March 11, Bitcoin broke through the resistance level of $70,000 and reached a new all-time high, exceeding the levels of November 2021. The first cryptocurrency rose by 3.9% to $71,099. CoinMarketCap experts note that there is still a large influx of money into spot exchange-traded funds (ETFs) for Bitcoin, and investor interest is fueled by the prospect of lowering interest rates from the Federal Reserve. Over the
CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Posted by  on  02/03/2024
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It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

Matt Hougan: “Bitcoin ETF will see even larger influx of funds”

Posted by  on  01/03/2024
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Bitwise chief investment officer Matt Hougan said record trading volumes in Bitcoin spot ETFs show interest in the products, but the real wave of investment is ahead. According to Matt Hougan, the introduction of spot Bitcoin ETFs is an extremely important step, but it is equally important that institutional capital gains access to ETFs, that is, that the ability to trade ETF shares becomes available to large clearinghouses and brokerages. “I think that in a