Bitcoin
Coinbase Q4 Revenue Beats Expectations, but Transaction Volume Falls 12% From Q3
The crypto exchange reported its fourth-quarter earnings on Tuesday after the close. Source link
Year: 2023
Market Analysis
Paxos Ends Binance Relationship Amid SEC Discussions
BUSD stablecoin issuer Paxos has terminated its relationship with Binance as it engages in conversations with the U.S. Securities and Exchange Commission (SEC) over a recent Wells notice. Paxos CEO Charles Cascarilla today confirmed that […]
Market Analysis
Bitcoin’s break to $25k was fueled by massive liquidations
Bitcoin price broke above $22,500 to new highs above $25,000 amid the hunt for short stops and liquidations. The move to $25k resulted from short liquidations of over $155 million. While price could retreat to […]
Regulation
We're Responsible for Web3 User Journeys; It’s Time to Make Them Completely Self-Custodial
Crypto needs better entry (and exit) points. Source link
Bitcoin
Nigeria's Central Bank in Talks With Blockchain Platform R3 for CBDC Revamp: Bloomberg
The central bank wants full control of eNaira, and is in early talks with blockchain platform R3 to develop the technology, according to the report. Source link
Market Analysis
Polygon Cuts Headcount by 20% Despite Holding $2B in Treasury
A co-founder of Ethereum layer two solution Polygon Labs has announced that the company will lay off 20% of its staff to “unify the company.” According to Sandeep Nailwal, the firm will reduce its headcount […]
Regulation
It's Time to BUIDL Week
Marc Andreesen’s Source link
Ethereum
Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K
Bitcoin is struggling to establish a foothold above $25,000, a level that capped the August 2022 price bounce. Source link
Bitcoin
Trading Platform eToro Gains New York BitLicense to Provide Crypto Services
The platform also obtained a money transmitter license from the U.S. state’s financial regulator. Source link
Market Analysis
Bitcoin “shrimp” addresses hit 43.2 million
Bitcoin “shrimp” wallets, which hold 1 bitcoin recently surged to 43.2 million. Bitcoin addresses with 0.01 BTC or less have also hit an all-time high of 32.6 billion. Data also shows bitcoin wallets in profit […]