News Crypto currency

2023-07-04 09:27:32 Last week, $125 million was invested in cryptocurrency products for large professional investors. This is the second positive result in a row.

The total influx of funds in the last two weeks was 334 million. Since there had been an outflow of money for a full nine weeks before that, the news is good anyway. Open / Comment

2023-06-22 18:46:53 Remember the recent SEC lawsuit against Binance? One of the main claims in it was that the U.S. division of the platform allegedly mixed user funds with its own.

However, at a fresh meeting, SEC representatives confirmed that they had no confirmation of the withdrawal of funds to offshore locations outside the United States. And so, in essence, there was also no sending of money to companies led by Changpen Zhao "for their further enrichment." The relevant quote is highlighted in red.

With that said, Binance-US lawyers have filed a motion and said that the Commission has no evidence of its previous accusations. And this is clearly good news for the exchange. Open / Comment

2023-06-05 22:59:03 SEC sues Binance

For violating U.S. securities regulations.

BNB is momentarily down 5% Open / Comment

2023-05-30 12:02:51 During the recent peak in the popularity of NFT and BRC20 tokens on the Bitcoin network, cryptocurrency miners received the equivalent of $17.8 million in transaction fees. This is the third record result in BTC history. The other two records were in 2018, with a high of 20.7 million.

Miners now get about $1.7 million in commissions per day. The difference is significant. Open / Comment

2023-05-26 18:05:53 Yesterday bitcoins equivalent to almost $400 million were withdrawn from centralized cryptocurrency exchanges. 300 million of this amount came from one major investor or so-called whale on the Huobi platform.

Overall, this is the second largest withdrawal of coins from trading platforms in the last year. Open / Comment

2023-05-18 14:07:29 The Bitcoin Frogs NFT-collection based on the Ordinals protocol in the Bitcoin network took the first place among all collections by trading volumes during the day.

Strange times we live in, of course Open / Comment

2023-05-07 09:19:55 Here are the changes in key Bitcoin and Etherium metrics for the week from IntoTheBlock analysts. As you can see, the level of paid commissions in the BTC network increased more, with an increase of 223 percent versus 51 percent in Eth.

At the same time, coin flows to exchanges increased for both cryptocurrencies. Open / Comment

2023-04-30 17:27:24 Today, the average number of bitcoins in the possession of so-called whales is 5,350 coins. We are talking about addresses with at least a thousand BTC.

At the same time, analysts note that the total number of coins at the disposal of this category of investors (blue) is gradually decreasing. Now they own 46 percent of all bitcoins in circulation. Open / Comment

2023-04-27 21:45:06 This week, Bloomberg journalists published a new list of the wealthiest people in finance. It includes the head of the cryptocurrency exchange Binance, Changpen Zhao. His fortune was estimated at $28.2 billion, and he found himself on the third line.

Now Zhao reacted to what was going on - and not in a good way. Here's his quote.

"All the numbers are wrong. I don't even have anywhere near that amount. I don't know why they're doing this

Also, I never saw FTX as a competitor. We are only happy to see more (well-managed) exchanges in the industry." Open / Comment

2023-04-15 13:49:27 The situation on cryptocurrency exchanges confirms that Stablecoin holders are actively using them to buy Bitcoin. Here's a relevant chart from analysts at Glassnode that illustrates what's happening in the cryptocurrency market. Open / Comment