Digital Assets

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts

September 23, 2024 Bitcoin.com

Bitcoin

Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

September 23, 2024 Bitcoin.com

Bitcoin

Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of Humanity

September 23, 2024 Bitcoin.com

AI

El Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership. Their conversation emphasized how cutting-edge technologies could shape global progress, aligning with El Salvador’s forward-thinking stance. Bukele and Musk Discuss AI, […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto

September 22, 2024 Bitcoin.com

bitcoin.com

While Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front suggest a shift toward supporting crypto businesses. Buchi Okoro, CEO of the digital asset exchange Quidax, which recently obtained an operating license, believes these developments could lead to broader adoption of crypto assets in Nigeria. Quidax Wins […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Bingx Resumes ‘Mainstream’ Asset Withdrawals 24 Hours After Hack

September 21, 2024 Bitcoin.com

BingX

Bingx said it has resumed withdrawals for “mainstream” cryptocurrencies including bitcoin, tether and ethereum among others. However, the exchange has warned of potential delays due to security reviews. The crypto exchange said it will gradually restore withdrawal services for other cryptocurrencies but has canceled pending requests. The exchange’s chief product officer expressed concern about the […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

September 21, 2024 Bitcoin.com

bitcoin.com

William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time. The Commodity Futures Trading […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

September 21, 2024 Bitcoin.com

Altcoins

In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

September 20, 2024 Bitcoin.com

bitcoin.com

The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an average price of $2,392, with sales occurring every 4-7 days,” Spot On Chain dished out […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

September 20, 2024 Bitcoin.com

bitcoin.com

The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an average price of $2,392, with sales occurring every 4-7 days,” Spot On Chain dished out […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

September 20, 2024 Bitcoin.com

Bitcoin

Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies,” he opined. Bybit’s Chris Aruliah […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory