Bitcoin
Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply “swiftly.” Source link
Bitcoin
Bitcoin
Tech’s Money Woes: Beginning of the End for Web2?
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised “Big Tech” over the past year. But that doesn’t automatically portend the end of Web2. For Web3 to emerge, we have to address key questions about […]
Bitcoin
Bitcoin Investors Turn Greedy, First Time Since March 2022
Data shows investors in the Bitcoin market have turned greedy for the first time since March 2022, after what was the longest stretch of fear ever. Bitcoin Fear And Greed Index Now Points At “Greed” […]
Bitcoin
Layer 2 Tokens Take Lead
The price of layer 2 network Optimism’s OP token has also surged over the past week. OP reached an all-time high of over $2.50 on Wednesday amid rising adoption of layer 2 networks. “People want […]
Bitcoin
Jihan Wu's Matrixport Cuts 10% of Staff
At press time, Matrixport had more than 290 employees serving customers in 40 countries. Source link
Bitcoin
UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement
Some of those investigations into financial crime or “direct links to organized crime” are ongoing, an official at the Financial Conduct Authority said. Source link
Bitcoin
Bitcoin Supply In Loss Hits A 9-Month Low
According to on-chain data from CryptoQuant, a blockchain analytics platform, the Bitcoin supply in loss with the seven-day moving average stands at 32%, a nine-month low. This is the lowest level since April 2022, when the Bitcoin […]
Bitcoin
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens
Burning tokens is a way of reducing supply, which subsequently adds value to each token as long as the level of demand remains the same. The Floki team hopes to position the project as serious […]
Bitcoin
Bitcoin Hash Rate Registers New Highs, A Selloff Imminent?
Based on CryptoQuant data, one observer notes that whenever the Bitcoin hash rate records new highs, as is the case in late January 2023, coin prices tend to retrace as the upside momentum fades. Extending this […]
Bitcoin
Web3 Infrastructure Startup Spatial Labs Raises $10M
The round also included Marcy Venture Partners, an investment firm co-founded by musician and entrepreneur Jay-Z. Marcy previously backed Spatial Labs in a $4 million pre-seed round in 2021. Other backers in the latest round […]