Category: Blockchain

Crypto Remain the Most Popular Investment Assets Compared to Gold in Australia: Survey

A recent survey from Bitcoin Markets exchange has revealed that while Australian investors are still conservative in their choice of investment assets, the embrace of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) is largely more popular than precious metals such as Gold. According to the survey report, about 63% of the respondents said they invest

Bitcoin Transaction Volumes Continue to Reflect Trickling in of Big Money

Institutional-sized investments continue trickling into the Bitcoin (BTC) network, as acknowledged by Yann & Jan. The co-founders of on-chain metrics provider Glassnode explained: “Bitcoin transaction volumes continue to reflect big money moving in the space. Institutional sized capital ($1M+ transaction sizes) represents around 82% of settled volume over the past week. Note the growth

Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH

Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande. The amount of unique tokens moving on the Ethereum network, known as token circulation, is uptrending. On-chain metrics provider Santiment said: “Ethereum’s token circulation

Bitcoin, Ethereum, Solana And Other Crypto Prices Further Plunge Following China’s Fresh Crypto Ban

Today on Friday, September 24, prices of all cryptocurrencies have plummeted amid the announcement by China’s Central Bank that all crypto-related transactions are illegal and must be banned in the country. Before China’s announcement, most cryptocurrencies were indicating good signs of recovery after the Monday crash, which wiped almost $200 million from the cryptocurrency market.

Crypto.com Officially Becomes the Philadelphia 76ers Team’s Jersey Patch Partner

Hong Kong-based cryptocurrency exchange Crypto.com announced that it has formally formed a partnership with the Philadelphia 76ers, becoming its official jersey logo-designated sponsor. The Crypto.com logo will appear on the left shoulder of all four 76ers jerseys in the new season. In the next regular season against the New Orleans Pelicans on October 20, the

The Central Bank of China Reiterates All Crypto-related Transactions are Illegal

The Chinese government once again stepped up its suppression of cryptocurrency transactions. The Chinese Central Bank- People’s Bank of China (PBOC) stated that all cryptocurrency-related transactions are illegal. On Friday afternoon, The People’s Bank of China (PBOC) released a statement and pointed out that virtual currencies such as Bitcoin, Ether, Tether, and other virtual currencies

Crypto Exchange FTX Relocates its HQ to the Bahamas from Hong Kong

Digital assets derivatives exchange FTX has relocated their headquarter to Nassau, the Bahamas, from Hong Kong, citing fewer regulation restrictions in the country. Online media Blockworks reported Thursday, citing 29-year-old billionaire FTX CEO and Founder Sam Bankman Fried, that the company has departed from Hong Kong and currently operate as Nassau-based in the Bahamas. Sam Bankman

Over 2.2M Crypto Accounts Set to Trade With Restrictions in South Korea as Exchange’s Deadline Looms

Today is the deadline set by the South Korean market regulators, the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS) for trading platforms to secure a banking partnership or risk being banned from doing business in the country. As of the time of writing, only the top four trading platforms, including Upbit, Korbit, Coinone,