For the fourth quarter in a row, Tesla hasn’t sold or added to its digital asset holdings with the electric vehicle manufacturer continuing to hold $184 million worth of its remaining Bitcoin (BTC). In Q2 2023 earnings released on July 19 the net value of Tesla’s Bitcoin holdings stood at […]
Ripple has been mostly preoccupied with its lawsuit with the United States Securities and Exchange Commission (SEC). However, with a partially favorable ruling from Judge Analisa Torres last week stating that XRP tokens sold on the secondary market are not securities, the crypto firm has turned its attention to other […]
Stock market operator Nasdaq has ended its plans to provide its highly-anticipated crypto custody service, citing the ongoing regulatory conditions in the United States as the key reason for their decision. The service was scheduled to go live in the second quarter of this year. The sudden reversal of the […]
On-chain data shows the Bitcoin exchange inflow towards Binance has spiked during the past day, which may be bearish for the price. Bitcoin Exchange Inflow Has Registered A Large Spike As an analyst in a CryptoQuant post pointed out, a whale has made a large deposit to the cryptocurrency exchange […]
In this week’s newsletter, Google Play has officially allowed nonfungible token (NFT) games on its store — with some limitations. NFT company Dapper Labs has completed its third round of layoffs, and a blockchain gaming startup has enabled an automated refund feature for NFT purchases. In other news, check out […]
In a surprising turn of events, Nasdaq, Inc. (NASDAQ:NDAQ) has reportedly decided to put its plans for a cryptocurrency custody service on hold. According to an article published by CoinDesk a short time ago, this announcement was made by CEO Adena Friedman during her company’s Q1 2023 Earnings Conference Call. […]
Transfers from whales – the term assigned to wallets with large holdings of cryptocurrencies in on-chain addresses – are not uncommon in crypto. Observers and participants usually monitor these whales as their activity, whether buying, selling, or moving coins around, could impact token prices or market sentiment. When crypto whales […]
Crypto data aggregator CoinMarketCap has released its Crypto Market Analysis report for the first half of the year. Within the report, the coin information website described the second quarter of 2023 as a “lost quarter” as a result of several factors, including the lack of a strong market narrative compared […]
Open interest on XRP-tracked futures has reportedly been climbing above $1.13 billion in the past 24 hours. According to an article by CoinDesk published earlier today, this figure surpasses the $1 billion level reached last week, setting a new record high for the year. This surge in open interest comes […]
Forge, a subsidiary of Société Générale — the third-largest bank in France — became the first company to obtain the highest access license for providing crypto services in the country — a prerequisite for numerous service activities (PSAN). The provider will have a right to custody digital assets, to purchase […]
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