Anxious 2023: what threatens the fall of the largest holder of bitcoins – the GBTC fund
Amid the collapse of FTX, fears of a domino effect are growing in the form of the fall of many other industry players, including the largest cryptocurrency funds. Is there a threat of ruin for GBTC holding more than 600,000 BTC? The consequences of the collapse of FTX were felt for the cryptocurren ...
Former top manager of the NBK: The digital yuan is not in great demand among citizens
A former high-ranking official at the People's Bank of China (PBOC) deplored the low demand for the digital yuan among the people of China and called for more use of this state stablecoin. Xie Ping, former head of research at the PBOC, announced at a recent scientific conference that the total ...
Former SEC Executive: ‘Bitcoin Should Be Considered a Security’
Former head of the SEC's Office of Internet Enforcement, John Reed Stark, suggested that bitcoin could be an unregistered security. John Reed Stark made this statement in response to a tweet by analyst Evan Van Ness, who wrote that 855 of the last 1,000 blocks created on the Bitcoin blockchain ...
The Block: Daily Cryptocurrency Trading Volume Drops to $10 Billion
According to The Block, the daily trading volume of cryptocurrencies has fallen below $10 billion in recent days.. It hasn't been this low since December 2020. The publication reports that the trading volume of cryptocurrencies in the spot market fell below $10 billion per day on December 24.. ...
Charles Hoskinson: “It’s good that ADA is not registered on Gemini”
Cardano founder Charles Hoskinson shared his thoughts on the lack of trading pairs with the ADA coin on the Gemini cryptocurrency exchange. Charles Hoskinson posted an audio recording on Twitter in which he noted that over 110 coins are traded on the Gemini platform, whose market capitalization is ...
JPMorgan: Cryptocurrencies do not exist for most institutional investors
The representative of one of the largest investment banks JPMorgan, Jared Gross, said that institutional investors will not work with the cryptocurrency market in the near future. Jared Gross, head of institutional strategy at investment bank JPMorgan, said in a podcast that digital currencies as a ...
Delphi Digital: Ethereum decentralization is in danger
Cryptocurrency decentralization is determined, among other things, by the number of holders of its digital coins. Delphi Digital specialists have doubts about Ethereum. Delphi Digital experts noticed that the majority of staked ethers are at the disposal of only four largest network participants. 5 ...
Record burning did not lead to an increase in the cost of SHIB tokens
Over the past two days, the number of burned SHIB tokens has increased several times. However, the cryptocurrency exchange rate has not entered the growth stage. On Saturday, December 24, the Shibburn tracker recorded a 642% increase in the number of destroyed tokens.. Over 28 million SHIBs burned ...
Binance fails to list BNB on US exchanges
Although BNB, the main token of the Binance cryptocurrency exchange, has a capitalization of about $40 billion, the main trading platforms are in no hurry to sell it. Cryptocurrency exchanges may not list BNB so as not to have further problems with the regulator, some industry experts say. In parti ...
Google: Top 5 most searched cryptocurrencies in 2022
In 2022, Bitcoin remained in the lead in terms of queries in the Google search engine. However, reduced demand in the market led to the fact that searches for the words "buy crypto" according to Goggle Trends showed the worst result since February 2020. In 2022, cryptocurrency rates were hit hard a ...