Cryptocurrency News

The largest corporate Ether holder continues to buy the dip, as the industry’s most profitable traders continue to bet millions on ETH’s short-term decline. BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum’s price fall.BitMine acquired $199 million worth of Ether (ETH)…Read More

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: Coinbase Institutional forecasts a strong year-end rally for Bitcoin, Western Union announced it will roll out a “stable card” for high-inflation economies, and Strategy’s…Read More

Legal experts are concerned that transforming ESMA into the “European SEC” may hinder the licensing of crypto and fintech in the region. The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for…Read More

Bitcoin long-term holders lost interest in selling at $90,000, new research showed, as profitability of their BTC supply dried up. Bitcoin (BTC) has seen a “complete reset” of sell pressure after dropping below $90,000, says new research.Key points:Bitcoin long-term holders have reset their selling habits as BTC price action returns below $90,000.Read moreRead More

Coinbase predicts a December recovery driven by rising global M2 liquidity and lower interest rates, but Fed Chair Powell’s remarks may limit upside, analysts say. Bitcoin’s ‘Santa’ rally may be ignited by macroeconomic tailwinds, including the Federal Reserve’s incoming interest rate decision, but fearful investor sentiment may take another hit by any hawkish remarks from…Read More