Glassnode, a blockchain analytics firm, has released a new on-chain report indicating short-term bitcoin holders are increasingly offloading their coins on exchanges at a loss, while long-term holders remain in profit. In the ever-evolving world of cryptocurrency, understanding market dynamics and investor behavior...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tron (TRX) is performing well for the bulls, and the asset is showing bull flags according to technical indicators provided by TradingView. Trading at $0.07826 as of press time,...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether Holdings Limited’s latest Q1 2023 assurance report, completed by global independent public accounting firm BDO Italia, reveals an all-time high of $2.44 billion in excess reserves, up $1.48...
Jack Dorsey’s Block recorded a stunning $2.16 billion in bitcoin (BTC) sales in Q1. The fintech company’s main product, Cash App, generated 25% more bitcoin income yearly. The shareholder letter states that the multi-billion dollar bitcoin revenues were attributed to an increase in the quantity...
XRP is now the most traded coin in South Korea in 2023, according to reports from the South Korean analytical provider firm, Kaiko. The coin’s performance can be attributed to the expected positive outcome in the ongoing SEC vs. Ripple case. Kaiko released...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A recent report by the market intelligence and analytics platform Santiment shows that the rise of fear, uncertainty and doubt (FUD) among crypto investors might soon affect cryptocurrency prices....
As the cryptocurrency market continues to grow, tax authorities worldwide face mounting challenges in ensuring compliance. A recent study by Divly, a crypto-tax platform, reveals that a mere 0.53% of cryptocurrency investors globally declared their crypto activities to local tax authorities in 2022. ...
According to the 2022 report, Bitso highlighted that they processed about $3.3 billion between US and Mexico, using XRP and others. XRP moves $3.3b in US-Mexico settlements Cryptocurrency has gained momentum recently, acquiring different utilities across different jurisdictions. The most recent info is...
CNBC has released an investigative piece on Binance citing allegations of allowing its Chinese customers to override the country’s cryptocurrency trading ban. According to the article, Binance staff and volunteers have taught others how to trick the exchange’s know your customer (KYC), residency,...
Block Inc.’s stock currently trades at $62.66, experiencing a loss of 13% today and 12% over the past month. This significant fall in price followed the release of an alarming report by Hindenburg Research. On March 23, Hindenburg Research revealed short positions in...