Cryptocurrency Insight
On-chain data shows that Bitcoin exchange network flow has seen a negative spike recently, a sign that could be bullish for the price. Bitcoin Exchange Netflow has dropped in recent days As pointed out by an analyst in a CryptoQuant post, a large negative spike Read More
Blockchain technology has been sidelined by the Australian Securities Exchange (ASX), a prominent entity in the country’s financial domain, as it moves away from its original intentions to utilize blockchain to rebuild its software platform. This unexpected move signifies an important shift in perception of Read More
The UK is the newest addition to the list of countries that have legalized bitcoin futures trading in some form. The London Stock Exchange Group (LSE) said on Thursday that it will provide trading and clearing services for derivatives based on the Bitcoin index. In Read More
In addition to the recent closure of some banks, regulators shut down a cryptocurrency company that was allegedly conducting illegal business. bitzlato and its founder felt the power of the US Department of Justice when it shut down the exchange for allegedly processing illegal transactions Read More
Data shows that Bitcoin transactions have grown in number recently, but exchange deposit transfers and withdrawals have only moved sideways. Bitcoin transaction count has seen a sharp increase recently According to data from on-chain analytics firm glassnode, BTC blockchain activity has increased significantly recently. The Read More
According to a new report from Fox Business, US stock exchange IEX is in talks with Coinbase to potentially create a fully regulated cryptocurrency platform. The plans first involved the now-bankrupt FTX and exchange leader Sam Bankman-Fried teaming up with IEX chairman Brad Katsuyama to Read More