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2023-01-04 22:04:56 Number Of Bitcoin Addresses Holding Over 1,000 Coins Reached A 3-year Low

The number of Bitcoin addresses holding more than 1,000 Coinsjust reached a 3-year low of 2,031. Bitcoin addresses with more than 1000 coins are the wallet addresses of sharks or whales, who hold the majority of the current Bitcoin supply and have a certain influence on the number of coins they hold. On January 2, Glassnode data shows that the number of addresses holding more than 1,000 Bitcoins is 2,031, a three-year low.Bitcoin addresses with more than 1000 coins, in other words, these are the wallet addresses of sharks or whales, who hold the majority of the current Bitcoin supply and have a certain influence on the number of coins they hold. The number of Bitcoin supply last activities 2-3 years (1d MA) has also risen to a one-year high.

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2023-01-01 20:54:06 Happy New Year

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2022-12-28 08:25:30 Shenzhen Police Arrested 15 Crypto Criminals For Scamming About $31.6 Million

Shenzhen police have successfully arrested 15 crypto criminals for crypto fraud up to 220 million yuan (about $31.6 million). 1,500 victims were scammed through a fake cryptocurrency trading platform.

Amin gathered Ah Hua and others to illegally set up a fake digital exchange platform through setting up servers abroad, and go online to operate and trade the coins created by Amin. He created himself to scam immature investors. This coin is known as a digital currency according to blockchain technology, but it is actually an illegal platform-issued virtual currency.

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2022-12-26 07:45:46 JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan Asset Management’s head of institutional portfolio strategy, Jared Gross, discussed crypto and institutional investors’ interest in the asset class on Bloomberg Friday. The senior investment strategist described.Gross added that it is “self-evident” that bitcoin has not proven itself to be a form of digital gold or haven asset like some have hoped.

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2022-12-25 07:50:09 Binance trading volume falls to its lowest since October 2020

Daily crypto trading volume on Binance sunk to $9.39 billion on Dec. 23, its lowest since October 2020, according to data from Nomics. With the upcoming holiday season and the rearing bear market, trading volumes on most centralized exchanges have been impacted.

According to research published by CoinGecko, crypto derivatives trading volume on exchanges has tanked by 24% since the collapse of FTX. According to the study, a likely reason for the fall in the trading volume is that traders have stopped or reduced their trading activity since the FTX crash. Furthermore, the research added that trading activity also generally slows down toward the end of the year.

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2022-12-24 08:42:38 Adoption grows as more than $7T settled with stablecoins in 2022

The ongoing bear market did little to curb the rising use of stablecoins. On the contrary, dollar-pegged coins like USDT and USDC saw a parabolic growth in market cap this year, becoming a defacto settlement currency of the crypto industry.

Following the collapse of Terra and its algorithmic stablecoin UST, the two stablecoin giants took over the majority of stablecoin volumes — and they show no sign of stopping.According to data from CoinMetrics, over $7 trillion in value has been settled with stablecoins in 2022. This is a significant increase from the $6 trillion settled in 2021.

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2022-12-23 17:40:43 Facebook’s ex-gaming chief says Apple holding back crypto gaming, for now

Crypto gaming is struggling to gain traction, and at least one person believes the world’s biggest company is partially to blame or at the very least isn’t helping.  all in-app transactions, is a major impediment to the wider adoption of blockchain games. Many industry leaders see gaming as key to unlocking web3’s potential and attracting a large number of mainstream consumers, especially with the crypto world grappling with falling prices and a tarnished reputation. But the crypto gaming space is limited to Android users and failing to carve out a significant portion of the estimated $153 billion mobile gaming market. Much of that revenue is made up of iPhone user consumption. 

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2022-12-21 07:30:25 Binance joins U.S. lobby group's executive committee

Binance is joining the executive committee of the Chamber of Digital Commerce, a U.S. lobby group for the blockchain industry, as the world's biggest crypto exchange steps up its engagement with regulators. Binance will contribute to research and potentially influence the shape of crypto legislation through discussions with policymakers and regulators, according to a statement. The crypto giant joins traditional finance firms like Visa and Deloitte as well as blockchain firms such as Circle and OKCoin. The exchange's U.S. unit, Binance US.

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2022-12-20 15:26:04 https://t.me/+RJZMVItb2BFjZDA0


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