U.S. Risks Losing Cryptocurrency Industry Leadership Amid Regulatory Pressure
Akk Invest published a report saying that the U.S. is at risk of ceding leadership in the cryptocurrency industry amid increasing regulatory pressure in the country. The report noted that major trading firms, including Jane Street Group and Jump Trading, are reducing their ...
Elon Musk’s Support Extends the Life of Dogecoin, Surprising Binance CEO
CZ expected DOGE to disappear But Elon Musk took on the token Binance CEO, Changpeng Zhao, is surprised that Dogecoin has not yet disappeared and Elon Musk has extended the memcoin's life. "One memcoin that really surprised ...
CryptoQuant Reports Record Low Bitcoin Leverage Ratio as Volatility Decreases
According to analyst firm CruptoQuant, the leverage ratio for bitcoin has reached a historic low of 0.195, previously shown in December 2021. The leverage ratio is an indicator used by experts to estimate the volatility of digital asset prices over the long term. Lever ...
BTC Dominance Index Falls as Long-Term Investors Move to Altcoins
Bitcoin has been above the round $30,000 mark for almost a week, but has now slipped below it.. Perhaps this is due to the BTC dominance index and the behavior of long-term investors According to the results of the 1st quarter of 2023, Bitcoin (BTC) became the most effective asset, having strengt ...