Monthly archives: July 2023

On-chain data shows the Bitcoin exchange inflow towards Binance has spiked during the past day, which may be bearish for the price. Bitcoin Exchange Inflow Has Registered A Large Spike As an analyst in a CryptoQuant post pointed out, a whale has made a large deposit to the cryptocurrency exchange Binance. The relevant indicator here …

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After purchasing $1.5 billion worth of Bitcoin in 2021, Tesla sold 75% of it in 2022 and is now hanging onto its remaining $184 million Bitcoin stash. News Join us on social networks For the fourth quarter in a row, Tesla hasn’t sold or added to its digital asset holdings with the electric vehicle manufacturer …

Continue reading “Tesla’s diamond hands: EV maker’s Bitcoin holdings see no change in Q2”

Ripple Labs and crypto investment firm 10T are investing $54 million into Futureverse, a crypto technology and artificial intelligence (AI) gaming startup. According to a new announcement, Futureverse plans to use the funds for research and development, including advancing its technology called the Root Network. The Root Network is a blockchain and suite of protocols …

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The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. News Join us on social networks The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of the systems was carried out successfully, the report said, and it …

Continue reading “South Korean central bank charts out future course of payment systems, CBDC”

Overhead resistance levels continue to constrict Bitcoin price expansion, leading some analysts to forecast a brief sweep of the $27,500 level. Market Analysis Join us on social networks After a spectacular first half of 2023, the price of Bitcoin (BTC) appears to have stalled out, being stuck between $29,000 and $31,500. There could be reason …

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Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. News Join us on social networks United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct …

Continue reading “No impact from Ripple ruling? SEC chair cites risks from crypto in budget request”