Thursday, December 8, 2022

Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes

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Bitcoin and its fellow crypto assets made a little recovery today that helped the market capitalization of the entire crypto market increase by 2.1% over the last 24 hours. BTC peaked...

Firm Wraps Up Proof Of Reserves

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While there are still no details on a possible rescue of Genesis Trading, there is at least apparently some positive news regarding Grayscale Bitcoin Trust (GBTC). Ryan Selkis, co-founder of Messari...

Bitcoin Trading Volume Down To 3-Month Low As FTX Volatility Fades

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Data shows the Bitcoin trading volume has plunged to a 3-month low as renewed market volatility due to the FTX fiasco fades away. Bitcoin 7-Day Average Trading Volume Has Plummeted This...

New York Law Cracks Down On Bitcoin Mining

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As expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of its kind and raises far-reaching questions. Specifically, Hochul...

El Salvador Sets Basis With Draft Law

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The Bitcoin volcano bonds of the country of El Salvador have taken an major step towards issuance. After the project faced delays, a bill on digital securities has now been...

Not Your Keys: Monthly Bitcoin Exchange Outflows Reach New ATH

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Data shows the monthly Bitcoin exchange outflows have reached a new all-time high as investors have been rushing to get their coins into personal wallets, the keys to which they...

Here’s What A Reg M Will Entail For Genesis, DCG And Bitcoin

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After Genesis Trading’s lending arm shut down its services last week, the rumor mill started buzzing about a possible bankruptcy of Digital Currency Group (DCG). Especially hot are the rumors...

Investors Panic As Largest Bitcoin Fund Hits All-Time Low Premiums

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The Grayscale Bitcoin Fund (GBTC) remains the largest legal bitcoin fund in the world with hundreds of thousands of BTC in holdings. However, given recent developments, the value of the...

Binance Surpasses Coinbase To Become Largest Bitcoin Reserve Holder

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Data shows Binance has now surpassed Coinbase to become the exchange with the largest Bitcoin reserve in the market. Bitcoin Reserve Of Crypto Exchange Binance Has Shot Up Recently As pointed out...

Bitcoin Misery – Will BTC Price Continue Going Downhill This Week?

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Over the last two weeks, Bitcoin, the largest cryptocurrency in terms of market capitalization, lost more than 22% of its value as it continues to struggle in shaking off the...

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