According to Glassnode, for Bitcoin (BTC) to continue its recent price rebound, there need to be more demand and network fees invested, as several on-chain measures are still in a bearish area. The blockchain monitoring company Glassnode reported on Monday in its most recent “The Week On Chain” report that market growth over the previous … Read more
For the first time, Ether (ETH) has surpassed Bitcoin (BTC) in the options market as the open interest (OI) of Deribit Ether options, with a value of $5.6 billion, topped the OI of Bitcoin options, with a value of $4.6 billion. When a trade is opened, all of the contracts are added together, and … Read more
Monday, the U.S. Department of Justice announced that Jessica Leeann Sledge of Pelahatchie, Mississippi, has been sentenced to 10 years in prison for allegedly attempting to hire an assassin via a dark web website using Bitcoin. According to United States Attorney Darren J. LaMarca and Special Agent in Charge Jericha Fomby of the FBI’s Jackson … Read more
Millicent has broken new ground by becoming the first organization in the world to conduct a test of a digital currency with a full reserve. On Thursday, July 14, the distributed ledger fintech company Millicent made the announcement that it had successfully completed the world’s first experiment of a Full-Reserve Digital Currency (FRDC) directed at … Read more
The trade volume of CryptoPunks, which is one of the most famous nonfungible token (NFT) collections in the industry, increased by 2,253 percent over the course of a single day on Monday. During that time period, a total of over 1,226.68 ether (ETH) worth of Punk NFTs was traded. The demand increase is related to … Read more
Despite the high volatility of the cryptocurrency market, New York Attorney General Letitia James has made it possible for investors who believe they may have witnessed corruption at a cryptocurrency firm to come forward and file a complaint as a whistleblower. In a notice published on Monday, Attorney General Letitia James urged residents of the … Read more
The Wharton School of Business at the University of Pennsylvania made the announcement on Tuesday that the Aresty Institute of Executive Education will begin offering a certificate program titled “Business in the Metaverse Economy.” More Details of the Course The course will be offered online for a duration of six weeks and will include a … Read more
Although the cryptocurrency market has recently been in a bear market, some experts in the field think it will soon recover and become stronger. Leah Wald, CEO of Valkyrie, stated in an interview with Blockworks that she thinks the cryptocurrency market will survive the current crypto winter stronger than ever. Over the previous nine months, the … Read more
The South Korean government has taken steps to push back the implementation of any new cryptocurrency taxes until 2025. The country has pointed to the current state of the market as one of the reasons for making this decision. This is a significant development, given that South Korea is one of the most important markets … Read more