The White House, under the Biden-Harris administration, introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering. With the motive …
Continue reading “Crypto tumblers, exchanges under microscope as DOJ launches new task force”
A Bitcoin (BTC) price metric which made BTC “look seriously cheap” at $56,000 is now in rare oversold territory. In a tweet on Dec. 6, Philip Swift, Philip Swift, creator of analytics platform LookIntoBitcoin, returned to potentially bullish signals coming from Bitcoin’s Advanced NVT Signal. Advanced NVT deflates in Bitcoin price rout Advanced NVT calculates …
Continue reading “This Bitcoin price metric just hit ‘oversold’ for only the 7th time in 8 years”
More than 80% of all nonfungible token (NFT) transactions were worth less than $10,000 in 2021 according to Chainalysis which categorized them as “retail” in recent research. A Dec. 6 report from blockchain analytics firm Chainalysis titled “The 2021 NFT Market Explained” detailed NFT transaction trends throughout 2021. Researchers at Chainalysis studied on-chain data between …
Continue reading “Retail buyers made up more than 80% of NFT transactions in 2021: Chainalysis”
New York-based crypto exchange Gemini has announced that it will be expanding into Latin America through an upcoming partnership with Colombia’s largest bank, Bancolombia. The partnership will take effect Dec. 14, and will permit customers from Bancolombia to trade 4 crypto assets: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). A limited number …
Continue reading “Gemini partners with Colombia’s biggest bank for crypto trading”
The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) survey of more than 2,000 people found that the percentage of Australians surveyed who own or have owned crypto has reached 28.8%, up from 18.4% in 2020. The results suggest that growth in the sector is being driven by the positive experience of those who own crypto, with …
Continue reading “Massive jump in number of Australians who own crypto: Survey”
A virtual anime version of Sophia, the world-famous humanoid artificial intelligence (AI) robot, is set to be tokenized and auctioned off as part of an up-and-coming Metaverse project dubbed “Noah’s Ark.” Sophia was developed by Hong Kong-based firm Hansen Robotics in 2016 and is known across the globe for her conversation skills and articulate speaking …
Continue reading “Sophia AI robot to be tokenized for Metaverse appearance”
We’re excited to announce the open sourcing of Kryptology. Kryptology is a cryptographic library for the Crypto community that will enable and empower developers to create novel crypto innovations with state-of-the-art cryptography. At Coinbase, cryptography is a first-class citizen. We’re passionate about cryptography as a driver for innovation in crypto. It is the most important …
Continue reading “Meet Kryptology: Coinbase’s Open Source Cryptography Library”
Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL) and SuperFarm (SUPER) are launching on Coinbase Pro Starting Today, Monday December 6, transfer COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER into your Coinbase Pro account ahead of trading. Support for COVAL, IDEX, MCO2, POLS, FOX, …
Cardano has now crossed the 1 million staking wallets milestone. The project has been one of the most promising in the space and has garnered a cult-like following since it debuted in 2017. The altcoin held the number one spot for the network with the highest amount of coins staked until recently when Solana took …
Continue reading “Number Of Cardano Wallets Staking ADA Crosses 1 Million”
Apparently, the People’s Bank Of China is considering using blockchain technology to power the Digital Yuan CBDC. The coin, also known as Digital renminbi or digital RMB, has been in beta-testing for a while now. However, Di Gang, deputy director of the Digital Currency Institute of the People’s Bank of China, recently presented an extensive …
Continue reading “The People’s Bank Of China’s Report On Blockchain Tech And Their Upcoming CBDC”
Bitcoin price in a flash found itself below $50,000, only weeks after the top cryptocurrency set a higher high. End of year price targets for $100,000 or much higher are now no longer within striking distance, thanks to a rare bull market corrective pattern that few saw coming. But although Bitcoin has fallen “flat” on …
Continue reading “Bitcoin Falls Flat: Examining A Rare Bull Market Corrective Pattern”
On-chain data shows Bitcoin short-term holders are increasingly selling at a loss following the latest crash in the crypto’s price. Bitcoin Short-Term Holder SOPR Dips Further Below One As pointed out by an analyst in a CryptoQuant post, on-chain data shows that the STH SOPR has decreased to July levels, suggesting that short-term holders are …
Continue reading “Data Shows Bitcoin Short-Term Holders Have Started To Sell At A Loss”
Bitcoin has now become part of El Salvador’s daily life following the official implementation of the cryptocurrency as a legal tender. Since then, the El Salvador government has pledged to purchase bitcoins and has held up its end of the bargain. Now, every time the price of BTC goes down, the country calls the dip …
Continue reading “El Salvador Calls Another Bitcoin Dip With 150 BTC Purchase”
A new survey shared with Cointelegraph has found that the proportion of Australian women who own crypto assets has doubled in the last year. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) of 2000 Australians found that the number of women who currently or have previously invested in crypto rose from 10.3% in 2020 to 20% …
Continue reading “Australian women owning crypto has doubled in 2021: Survey”
Crypto investment firm Hashed is currently under investigation by the National Tax Service (NTS) in South Korea according to local media. The 4th Bureau of Investigation from the Seoul Regional Tax Office, which is handling the investigation, is best known for conducting investigations into tax evasion and slush fundraising. A slush fund is a pool …
Continue reading “Korean crypto investment firm Hashed reportedly under tax investigation”
