Recent data from the blockchain market intelligence firm Santiment has revealed interesting patterns in bitcoin wallet accumulation. While wallets holding less than 1 BTC have been aggressively accumulating, those with 1-100 BTC and more than 100 BTC have cooled off in recent weeks. This shift in accumulation behavior could have significant implications for bitcoin’s price
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The recent announcement by crypto exchange Binance that its subsidiary Tokocrypto has obtained a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) marks a significant milestone. This makes Tokocrypto the third exchange in Indonesia to receive such a license, amidst a market where 35 prospective crypto exchanges are registered
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Bitcoin (BTC) has been showing signs of revival, with recent price spikes indicating a potential start of a long-awaited market bull run. Santiment, a market intelligence platform, reported a positive change in Bitcoin’s price movements, with the cryptocurrency retesting the $57,000 level. This renewed momentum could spark a positive price rally and lead to further
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The Property (Digital Assets, etc.) Bill was recently introduced by the Law Commission of the UK Parliament to legally recognize digital holdings. This groundbreaking legislation aims to classify cryptocurrencies, non-fungible tokens (NFTs), and carbon credits as personal property under British law. This move represents a significant shift in the legal landscape, as it is the
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Ethereum (ETH) has been facing a period of significant price stagnation, mirroring the sideways movement of Bitcoin (BTC). In light of this, renowned crypto analyst Benjamin Cowen has delved into Ethereum’s price movements and made some intriguing predictions about where the pioneer altcoin might be headed in the coming months. Unemployment Rates and Price Bottoms
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The highly anticipated Rocky Rabbit Telegram game airdrop is set to take place on September 23, 2024, on The Open Network (TON). This event aims to reward loyal players who have actively engaged with the game’s mechanics and referral system. By distributing RabBitcoin ($RBTC), the game’s native token, to eligible participants, the airdrop signifies a
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The Nigerian court recently decided to postpone the decision on the bail application for Tigran Gambaryan, a detained Binance executive, until October 9th. This delay comes after arguments from both Gambaryan’s lawyer and the prosecuting counsel regarding his bail request. The legal battle surrounding Gambaryan’s case has raised concerns about the fairness of the Nigerian
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Recently, Benjamin Cowen, the founder and CEO of ITC Crypto, highlighted a wedge chart pattern in the current cycle that bears resemblance to patterns seen in previous cycles, specifically in 2019. This wedge pattern, according to Cowen, is much larger in scale this time around. He pointed out that the structure of the ETH/BTC pair
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