Bitcoin whales account for the most exchange inflows volumewise since June 2022 as short-term holders become increasingly active. Bitcoin (BTC) whale buying and selling in 2023 is mostly from speculative investors, new data reveals. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode shows that contrary to popular belief, opportunistic...Continue Reading

The former CEO of the troubled crypto lender faces multiple charges of fraud and market manipulation as U.S. regulators eye crypto market overhaul. Celsius was one of the top lenders in the crypto ecosystem during the bull market in 2021. At its peak, it served 1.7 million customers and managed $25 billion in assets. All...Continue Reading

Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework. The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem.  Stuart Alderoty, chief legal officer at...Continue Reading

Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, the governor of the Bank of Russia said. Russia is moving forward with its central bank digital currency (CBDC) as President Vladimir Putin signed the digital ruble bill into law...Continue Reading

“What could go wrong?” Decentralized ID protocol Worldcoin has launched, receiving mixed takes from the cryptocurrency community. The launch of blockchain-based digital passport platform Worldcoin has had a polarizing effect on the cryptocurrency community, with questions around its centralization, privacy and security highlighted. Worldcoin released its protocol token on July 24, with major exchanges like...Continue Reading

A judge in New York has approved a joint request from the SEC and Coinbase to settle dates for opening briefs and all subsequent responses. The latest development in the lawsuit of the United States Securities and Exchange Commission (SEC) versus cryptocurrency exchange Coinbase comes as a date is confirmed for the two parties to...Continue Reading

The Ethereum co-founder released a long-form response to the launch of Worldcoin’s decentralized human identity verification system. Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system.  On July 24th, Buterin tweeted his response to Worldcoin which launched on the same...Continue Reading

With inflation running high and sluggish UK banking interest rates, small businesses in the United Kingdom are turning to novel solutions to save money. An online carpet and flooring retailer based in the United Kingdom has bought Bitcoin (BTC) and put it on the balance sheet, following in the footsteps of Tesla, Microstrategy and Real...Continue Reading

Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week. Bitcoin (BTC) enters the last full week of July on an uncertain footing as $30,000 becomes resistance. In what promises to be an exciting — but perhaps nerve-racking — week for traders, BTC price action is...Continue Reading

Hana Bank plans to research certificates of deposit tokens, while Woori Bank’s research department has recently released a report on the tokens. Several private banks in South Korea are studying the potential of tokenized deposit technology, an alternative to both private stablecoins and central bank digital currencies (CBDCs).  According to a report from Maeli Business...Continue Reading