In today’s on-chain analysis, BeInCrypto looks at the positions of short-term holders (STH) of Bitcoin. In the current environment, 99% of new market participants are experiencing a loss. From a market psychology perspective, this is […]
The API3 price has surged by more than 42% as the majority of cryptocurrencies including Bitcoin and Ethereum nosedive. At the time of writing, the API3 token was trading at $6.87. API3 rally comes amid […]
The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to […]
The Botswana government is set to present a “Virtual Asset Bill” to the country’s parliament, a move that could see it become one of the first countries in Africa to have laws regulating cryptocurrencies. Preventing […]
Bitcoin (BTC) reached a new 2022 low of $38,250 on Jan 20. While it’s still trading at a considerable support area, there are no bullish reversal signs in place yet. BTC has been falling since […]
Robinhood Financial is facing an investigation over CEO Vlad Tenev’s failure to register with the Financial Industry Regulatory Authority, one of Wall Street’s top regulators, the online broker disclosed Tuesday in regulatory filings. The firm […]
Shakepay, a company that allows Canadians to buy, sell and earn bitcoin, has announced a C$44 million (US$35 million) Series A investment led by QED investors, a U.S.-based venture capital firm. The funding will be […]
Mining creates fresh supply of cryptocurrencies, so it stimulates the demand for other crypto services such as exchanges and “creates a non-productive electricity expenditure, which undermines the energy supply of residential buildings, social infrastructure and […]
The U.S. Federal Reserve has published a lengthy paper on a dollar-based central bank digital currency and asked for input. It did not recommend any specific policy, though it did state that a CBDC could […]
The Gemini Dollar (GUSD) is a stablecoin pegged to and backed by US dollars held in FDIC-insured bank accounts. The funds held in reserves are routinely audited by the accounting firm, BPM LLP. GUSD was […]
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