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Bitcoin
Bitcoin Climbs Near $44K as U.S. Stocks Nurse Biggest 3-Month Loss
Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022.
Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.
Supply of Stablecoins on Ethereum Protocol 30% Lower Than in 2022 — Study
The supply of stablecoins on the Ethereum chain has dropped by more than 30% from the peak of $100 billion to $66 billion since 2022. The study data shows BUSD and USDC as the two stablecoins which caused the overall market value to fall…
New EU Sanctions Package Preclude Russians From Owning Crypto Companies
The European Union said Russian nationals from owning or controlling crypto service providers under the bloc’s twelfth package of restrictive measures against the country. According to the EU, diamonds entering its will now have to be…
Grant Thornton: Family Offices Are Warming Up to Blockchain and Crypto
A report issued by Grant Thornton, a professional services network, has revealed that family offices are eyeing crypto and blockchain to increase their investments in these areas. More than half of the family offices consulted have already…
Ripple Executive Predicts ‘Breakout Moment’ for Crypto Institutional Adoption
Ripple’s president has shared her crypto predictions, stating that 2024 could mark “the breakout moment where institutional adoption for real-world utility takes off.” She emphasized: “The industry needs to build…
Protocol Village: Bitfinex Securities Announces First Tokenized Bond on Liquid Network
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)
Judge Kaplan Rejects Bankman-Fried’s Request for Sentencing Delay, Affirms March 2024 Date
In a recent development in the high-profile case of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX, a request for postponement of the sentencing hearing was firmly denied by U.S. District Judge Lewis Kaplan.…
Smart Contract Tokens Solana and Avalanche Surge, Closing in on BNB and Ethereum
Recently, the smart contract platform tokens solana (SOL) and avalanche (AVAX), both considered layer one (L1) crypto assets, have been narrowing the gap with ethereum (ETH), the most prominent smart contract platform in terms of market…
Ledger Responds to Connect Kit Exploit With Reimbursement Plan, Security Overhaul
In a decisive move following a significant security incident, Ledger, a well known crypto hardware wallet manufacturer and security firm, announced a response plan. Approximately $600,000 in assets were stolen from users due to an exploit…