Data analytics firm CryptoQuant detected a massive Bitcoin outflow from the US-based cryptocurrency exchange Coinbase just as the digital asset experienced a major sell-off. The South Korean portal reported about 12,380 bitcoin units worth more than $575 million leaving Coinbase late night Thursday. The assets made way into the exchange’s […]

A senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors. Bridgewater director of investment research Rebecca Patterson claimed that regulatory certainty around Bitcoin would solve some of the cryptocurrency’s biggest problems associated with high volatility and low liquidity. […]

Bitcoin, the world’s largest digital currency, lost around 10% of its value on Friday after the panic among retail traders triggered a $100 billion sell-off in the crypto market. As of writing, BTC is trading near $45,500 with a total market cap of $850 billion. The cryptocurrency market lost nearly […]

Bordier & Cie, a Swiss financial institution operating for more than 170 years, has announced a partnership with digital asset bank Sygnum to allow its customers to purchase crypto assets. The integration with Sygnum’s business-to-business banking platform allows Bordier’s clients to purchase Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and […]

Major U.S.-based crypto exchange Kraken is reportedly in talks for a new funding round that could double the company’s valuation to $10 billion, or more. The raise was reported by Bloomberg, who cited anonymous sources claiming Kraken is in discussions with top investors including, Fidelity, Tribe Capital, and General Atlantic. […]

In a “natural step,” 1inch Exchange, the decentralized exchange (DEX) aggregator, is expanding to the Binance Smart Chain (BSC), as per an announcement on Feb 25. Extension to Binance Smart Chain (BSC) Consequently, they are deploying the 1INCH token on the BSC, availing 1inch Aggregation and Liquidity protocols, including staking […]

Ethereum failed to settle above $1,650 and started a fresh decline against the US Dollar. ETH price is now trading in a bearish zone, with a risk of a drop below $1,400. Ethereum started a strong decline after it struggle to surpass the $1,700 zone. The price is now trading […]

The Massachusetts Institute of Technology’s Digital Currency Initiative has revealed a new “Bitcoin Software and Security Effort” intended to foster research into bolstering the Bitcoin network’s defenses. The open-source initiative has received support from a diverse group of crypto industry leaders, including Gemini’s Cameron and Tyler Winklevoss, MicroStrategy’s CEO Michael […]

NFTs are being used to explore a new business model that puts music makers back in control of sales and copyright issues. Grammy winning producer Illmind released what he calls the “first ever NFT-backed sample loop/melody pack” on Feb. 25, putting a collection of 10 “melody compositions” up for auction […]

Major U.S. cryptocurrency exchange Coinbase has revealed its filing with the U.S. Securities and Exchange Commission (SEC), as the company is preparing for a direct listing of its Class A common stock on the US giant stock exchange, Nasdaq. Coinbase Closer to Fulfilling IPO Ambition A Form S-1 filing with […]