Tag Archives: social

Yesterday, Bitcoin’s price surged past $65k and consolidated just below the previous all-time high set on October 20, 2021. Moments ago, the primary cryptocurrency took off and as of writing these lines, the BTC price recorded a new all-time high above $67.8K, according to Bitstamp exchange. This comes shortly after the total cryptocurrency market cap crossed the $3 trillion milestone for the first time, whereas Bitcoin’s market cap is entitled for 43.6% of it. Furthermore,...

The leading non-fungible token (NFT) peer-to-peer marketplace – OpenSea – crossed the mark of $10 billion in all-time trading volumes. Interestingly, this number stood at “only” $1 billion in until August this year. $10 Billion And Counting Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments in the space, OpenSea – the hegemon in the NFT universe – has recently surpassed $10 billion in total...

Huobi Group will move its spot-trading operations to Gibraltar as The Financial Services Commission of the city-state has already greenlighted the initiative, according to a recent report. Gibraltar Caught The Attention of Huobi Following the total crypto ban imposed by the People’s Republic of China, many local companies started migrating their services outside the borders of the most populated country. Huobi Group – one of the leading Chinese digital asset exchanges – has...

Bitcoin ETFs have been a smash hit this year, especially since the launch of the first futures one in the United States last month. But the Spanish counterpart may not be far behind as well. As a matter of fact, the Spanish multinational financial services company Banco Santander is looking to release its very own Bitcoin exchange-traded fund (ETF). The appetite for Bitcoin and other cryptocurrencies is growing at an unprecedented rate. Realizing the need to cater to this...

Digital assets firm Genesis recently published its Q3 Market Observations Report, and it highlights some of the major trends across the market. This time, it shows the demand for bitcoin had faded during Q3 as institutions were exploring DeFi platforms and altcoins. BTC Demand Trends Downward Due to Institutionalization As per the report, BTC demand trended downward during Q3 due to the lack of opportunities for traders to profit from spreads between the BTC price in spot and...

The Federal Bureau of Investigation (FBI) warned about an “increase in scammers” employing crypto ATMs and Quick Response (QR) codes for fraudulent activities. The agency gave valuable tips on how individuals can protect themselves on such occasions. Beware When Using Crypto ATMs Quick Response codes – machine-scannable images that can instantly be read using a smartphone camera – can be used at cryptocurrency ATMs to send payments to an intended recipient. It seems bad...

The government of Kazakhstan reportedly plans to put local companies working with digital assets under its regulatory scope. According to a proposed bill, those entities will have to give detailed information about their crypto operations to the country’s financial watchdogs to prove they have no connections to money-laundering schemes. Kazakhstan May Tighten Its Crypto Rules As reported by the local media Sputnik, the National Parliament of Kazakhstan passed a bill to make...

Elon Musk has asked his millions of Twitter followers whether to sell 10% of his Tesla stock. The question is what to do with the proceeds, and bitcoin proponents, such as Michael Saylor and Max Keiser, have explained the benefits if he decided to buy BTC with the money. Musk to Sell 10% of His Tesla Stock? The CEO of the world’s largest EV maker took a rather unorthodox approach in regards to his financial future. He asked his multi-million fan base on Twitter whether he...

Bitcoin’s indecisive price movements have continued in the past 24 hours, with the cryptocurrency staying above $60,000. Binance Coin has been among the best performers from the larger-cap alts as the asset has neared its ATH. BNB Eyes New ATH; AVAX Up 12% Most alternative coins were slightly in the red yesterday, as reported, but the landscape is relatively different today. Ethereum had fallen below $4,500, but a minor 2% increase on a 24-hour scale has driven the...

Data from the research company Civic Science revealed that roughly 4% of US residents have resigned from their jobs over the past 12 months as they have made sufficient profits from cryptocurrency investments. Interestingly, the majority were low-paid workers with annual salaries of less than $50,000. Crypto Gave Them Reason Not to Work The poll conducted by the consumer intelligence platform – Civic Science – added that a further 7% of the participants know someone who has...