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Whales may be indecisive about accumulating, but bulls are getting vocal with their Bitcoin price targets. Bitcoin (BTC) regained fresh ground on April 21 after bears failed to gain control of short-term price action overnight. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader: Holding $42,300 could open up path to $50,000 Data from Cointelegraph Markets...
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Concentrated liquidity has become the latest trend in the DeFi world with several projects shifting to the new liquidity model on various blockchains. Decentralized exchange (DEX) protocols have become a key part of the decentralized finance (DeFi) ecosystem where liquidity and liquidity providers play a pivotal role in keeping the vastly growing space moving. While...
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The reported discussion between the two CEOs of the company happened in March last month, at a time when FTX requested CFTC to eliminate the role of brokers in product offerings. Goldman Sachs is reportedly pursuing an alliance with one of the top cryptocurrency exchanges FTX. The chief executive officer of Goldman Sachs David Solomon...
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There are a few ways for regulators to limit the usage of noncustodial wallets, but there is no way to ban it completely, SatoshiLabs CFO said. As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a potential ban of noncustodial wallets. Stepan...
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Storm clouds are slowly fading for Grayscale and its embattled Bitcoin institutional investment product, while frustration with U.S. regulators continues to mount. Things are looking up for the United States’ largest institutional Bitcoin (BTC) product by asset holdings as pressure mounts on regulators. Data from on-chain monitoring resource Coinglass confirms that as of April 21,...
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Binance CEO previously said that crypto exchanges must comply with sanctions in a similar way to traditional financial institutions. Binance, the world’s largest cryptocurrency exchange by volume, is adopting major restrictions on users in Russia following the European Union’s fifth package of sanctions against Russia. Binance officially announced Thursday new limitations for Russian nationals or...
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Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six. Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains.  According to a report by Chainalysis,...
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The first tweet ever sent on Twitter was turned into an NFT and sold by founder Jack Dorsey for $2.9 million, but is pulling about one percent of that in a current auction. The nonfungible token (NFT) of the first ever tweet made on Twitter by founder Jack Dorsey is currently struggling to attract a...
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A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year in a first for a major bank in Germany. One of the largest banking institutions in Germany has confirmed it applied for a local crypto license earlier this year, marking the first time a major bank...
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AUSTRAC also urged financial institutions from debanking clients who may be engaged in suspicious account activity, as a mistake could be costly to “Australia’s economy.” Australian financial compliance enforcement agency AUSTRAC has released two new guides to help entities to spot when customers are using crypto for illicit means, or when they are being forced...
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