Cryptocurrency News

Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

[ad_1] On-chain data shows the Bitcoin NUPL metric is back to a positive value, suggesting the market as a whole is back in profit. Bitcoin NUPL Latest Trend Could Signal The Bottom Is Already In As pointed out by an analyst in a CryptoQuant post, the BTC NUPL breaking above the neutral market may be […]

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UK Treasury Doubles Down on Stablecoin Regulations in New Bill

UK Treasury Doubles Down on Stablecoin Regulations in New Bill

[ad_1] The United Kingdom is striving for regulating stablecoins on its shores as Nadhim Zahawi, the new Chancellor of the Exchequer, is looking to establish his foothold as the new sheriff in town.  Zahawi presented the Financial Services and Markets Bill to the members of Parliament on Wednesday with a proposal to regulate stablecoins and

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JPMorgan says retail demand is back as deleveraging cools

JPMorgan says retail demand is back as deleveraging cools

[ad_1] JPMorgan says deleveraging in May and June was the most intense since 2018, but that’s getting behind the crypto ecosystem amid increased retail demand. JPMorgan analysts are saying positivity among retail investors is on the upward trajectory, with an improved  market outlook coming on the back of huge turbulence and uncertainty. The banking giant

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Hardware wallet industry to outstrip crypto exchanges: Report

Hardware wallet industry to outstrip crypto exchanges: Report

[ad_1] The crypto hardware wallet industry could be growing at a faster pace than cryptocurrency exchanges, data from several studies suggest. The current bear market has accelerated the development of the cold wallet industry, while many centralized crypto exchanges were scrambling to maintain operations. According to a report by business intelligence firm Vantage Market Research, the

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Justice Department, SEC File Charges Against Alleged Coinbase Insider Traders

Justice Department, SEC File Charges Against Alleged Coinbase Insider Traders

[ad_1] Key Takeaways Today the Department of Justice charged a former Coinbase employee and two co-conspirators in the “first ever” crypto insider trading scheme. The three men’s alleged scheme was brought to light in April by a tweet from crypto personality Cobie, which prompted an investigation by Coinbase and led to the criminals’ eventual arrest.

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Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023 – Bitcoin News

Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023 – Bitcoin News

[ad_1] According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network platform Efinity. Japanese Software Developer Square Enix to Issue

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Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

[ad_1] Bitcoin miner revenues have been plummeting ever since the price of BTC peaked back in November. This has put miners in a tight spot, causing a good number of them to sell their BTC holdings in order to keep financing their operations. The same was the case for last week, where miner revenues were

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Prosecutors Raid Crypto Exchanges amid Terra Probe: Report

Prosecutors Raid Crypto Exchanges amid Terra Probe: Report

[ad_1] South Korean regulators have reportedly raided serval exchanges and entities that are connected with Terraform Labs as another effort in the ongoing investigation of the case. According to a report from local news channels News1 Korea, officers of the Joint Financial and Securities Crime Investigation Team of the Seoul Southern District Prosecutors Office acted on

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Syscoin to launch a ZKCross-chain bridge to prevent bride exploits

Syscoin to launch a ZKCross-chain bridge to prevent bride exploits

[ad_1] Syscoin, the only scalable layer-1 Blockchain with Ethereum Virtual Machine (EVM) functionality, is set to launch a zero-knowledge cross-chain bridge (ZKCross) for demonstration by September. The bridge is expected to work on the principle of preventing bridge exploits while also facilitating cross-chain decentralized exchanges and lowering fees. This year alone, hackers have managed to

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Sell the news? Cardano price risks 20% drop despite Vasil hard fork euphoria

Sell the news? Cardano price risks 20% drop despite Vasil hard fork euphoria

[ad_1] Cardano (ADA) has dipped this July 21 as the market favors mounting selling pressure around its most reliable resistance levels in 2022 over a major upcoming hard fork. ADA price could plunge 20% by early August ADA’s price fell 5% intraday to $0.476. The downside move came as a part of a broader retreat that

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