Bitcoin Network Activity Drops Significantly
Active Bitcoin addresses plunged by nearly 25% from the latest peak of 1.16 million....
Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market....
With regulators handing out $2.5B in fines since 2014, crypto is not the ‘wild west’ of finance
A new report from Elliptic has found that unregistered securities offerings account for more than half of all crypto-related fines handed out by U.S. regulators....
Bearish Market Sentiment Accelerates Cryptocurrency Outflows
Crypto investment products saw a third consecutive week of outflows....
Tether has over $60bn under their management and just 13 employees. That’s a record, the previous record holder was Bernie Madoff’s ponzi scheme with $50bn under management and 25 employees. Isn’t this concerning given Tethers refusal to be audited?
Tether has just 13 listed employees on LinkedIn. Source There is just over $62bn Tether in existence, meaning Tether theoretically has $62bn under their control....
TA: Ethereum Breaks $2K, Here’s What Could Spark A Decent Recovery
Ethereum extended its decline and it even broke the $2,000 support against the US Dollar. ETH price is now recovering and it might correct higher...
Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back
Bitfarms’ debuting shares have been unable to escape the bearish crypto meta-trend, despite the firm claiming its profits have increased amid the recent drop in...
Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few...
Bank of Israel Has Coducted Digital Currency Shekel Crypto Testing
Israel announced that the country has already conducted a pilot test on its digital shekel as part of its efforts to issue the Central Bank...
MakerDAO slashes stability fees as stablecoin demand wanes
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction....