Key facts: Grayscale has accumulated more than 254,000 bitcoins. MicroStrategy, meanwhile, has just over 252,000 BTC. Only Satoshi Nakamoto, Binance, BlackRock and Fidelity surpass those companies in BTC holdings. MicroStrategy, the computing company led by Michael Saylor, is on the verge of surpassing the Grayscale investment fund in total bitcoin (BTC) holdings. According to the … Read more
Bitcoin (BTC) price correlation with gold has reached its highest level in six months. This shows that both assets are behaving similarly, which is different from the performance of Ethereum’s cryptocurrency, ether (ETH). Precisely, The correlation between gold and bitcoin reached a score of 0.75, something not seen since Marchaccording to market intelligence platform IntoTheBlock. … Read more
Sky, the decentralized finance platform (DeFi) formerly known as MarkerDAO, appears to have backtracked on its plan to remove the Wrapped Bitcoin (WBTC) cryptocurrency as collateral for users to obtain loans, following clarifications from BitGo CEO Mike Belshe. The executive spoke out on an issue that had caused a stir in the Sky community: Justin … Read more
Given the worsening global geopolitical economic situation, amidst armed conflicts and financial imbalances, European authorities are warning of a series of risks to financial stability. Warnings are made in the Joint Committee’s latest report for autumn 2024 of the three European Supervisory Authorities: the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) … Read more
SUI, the native cryptocurrency of the eponymous network, has seen a significant rise in price and is one of the best-performing digital assets in recent weeks. The bullish momentum is driven by an increase in the activity of its ecosystem and the implementation of a technological update. As reported by CriptoNoticias, Grayscale, a digital asset … Read more
On Tuesday, September 24, French bank Société Générale, through its cryptocurrency arm, SG Forge, signed an agreement with Bitpanda, an Austrian cryptocurrency trading platform, to launch the EUR CoinVertible stablecoin. This stablecoin, managed by the French entity, will comply with the European Union’s MiCA regulations, making it the first regulated stablecoin of its kind in … Read more
Swedish authorities, specifically the Swedish Police Authority and the Financial Intelligence Unit (FIU), have classified certain bitcoin (BTC) and cryptocurrency exchanges as “professional money launderers” following an analysis of services provided by illegal and unlicensed providers. This statement stems from the observation that these platforms have “criminal links and allow several people and criminal networks … Read more
Key facts: Bitcoin ETFs marked their fourth consecutive day of positive money flows. There is a lot of optimism for the third quarter, which begins in less than a week. Bitcoin (BTC) has been trading around $63,000 for the past week, though it has shown some momentum recently. Over the past three days, its price … Read more
As the price of gold continues to reach new all-time highs, positive expectations for its future are strengthening. “Longer term, investors should expect gold to continue to act as a hedge against broader market volatility and uncertainty,” comment VanEck. Founded over 70 years ago, this American firm manages investment funds in multiple assets, including precious … Read more
With the new changes coming to the Telegram mobile messaging app, the Toncoin (TON) market could be impacted. Pavel Durov, co-founder and CEO of Telegram, announced this week that he is now Users’ IP addresses and phone numbers may be disclosed to authorities. This is in case there are any possibilities of violation of its … Read more