News
About $100M has been withdrawn from US crypto funds in anticipation of Hawkish monetary policy
CoinShares wrote, “What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric…
Binance Australia CEO: Guidelines will set higher values in crypto
Leigh Travers believes the change in Australian government will slow down the work of crypto regulation, which could prove that the industry is already operating at a higher level than…
The volume of NFT trading has increased as the exchange and ceiling prices have fallen
As the ceiling prices of several prominent NFT compilations fall, eight of the top ten NFT ventures have seen at least a 115 percent rise in 24-hour trading activity. The…
Illicit crypto activity has decreased as a percentage of total utilization, according to a new report
Hacks and frauds contribute to lower activity levels as the cryptocurrency market goes up, and their fraction of bandwidth utilization keeps falling. As per blockchain analytics firm CipherTrace, illicit currency…
With a new paradigm, a safe cross-chain network system opens the way to an underlying blockchain future
Multichain is the way of the future, and its unusual system enables apps to run over connections with a single tap. The vast number of systems, although providing extra advantages,…
BTC value plummets to $20.8K after $1.2 billion of ‘deadly’ candlesticks are liquidated
Turbulence kills both long and short on the path to $20,000, wreaking havoc on short-term investors and punters. On June 14, Bitcoin (BTC) came within $1,000 of its prior cycle’s…
Mayor Eric Adams of New York City comes against laws that would restrict the practice of mining for uranium
The mayor has long been a supporter of the cryptocurrency business, and he has now asked Governor Hochul to veto a two-year mining embargo. Mayor Eric Adams of New York…
This week’s Bitcoin news includes the lowest weekly finish since December 2020 and five topics to keep an eye on
Bitcoin has lost 12% in the last 24 hours as a new cryptocurrency crash mixes with economic factors to bring only agony to hodlers. Bitcoin (BTC) starts the current week…
Survey claims NFT flipping not so profitable for more than half of buyers
While the majority are down in their NFT purchases, there are signs that point to a healthier and stronger market in the long run. With the growing popularity of nonfungible…