El Salvador Launches a National Bitcoin Office (ONBTC)
El Salvador’s government doubled down on its crypto initiatives by creating a National Bitcoin Office (ONBTC) that will oversee all local projects related to the asset. The new agency will…
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Positive Signs Flash for Bitcoin But This Level is a Major Obstacle (BTC Price Analysis)
Bitcoin’s price action has rebounded significantly while testing key support levels. The next few days could determine whether the market would start a mid-term recovery or the gruesome downtrend would…
Bear Market Effects: Installation of New Crypto ATMs Slows Down
The latest figures show that the first eleven months of 2022 have seen the installation of 6,100 new crypto automated teller machines (ATMs). The temps have significantly slowed down due…
Despite Crypto Winter, Bitwise Files for Bitcoin Futures ETF in the US: Report
Over a year after the first Bitcoin futures ETF went live in the States, Bitwise has filed to launch its own such product. This comes despite the ongoing bear market,…
Bitcoin, Ethereum Not Securities: Clarifies Belgium’s FSMA
Belgium’s financial regulator does not consider crypto-assets such as Bitcoin (BTC) and Ethereum (ETH) to be securities. The Financial Services and Markets Authority (FSMA) released a statement in which it…
Binance Leads PoR Effort, Bitcoin’s Battle Above $16K and Crypto Market’s Attempt at Recovery: This Week’s Recap
The past week was somewhat positive for the entire cryptocurrency market, both in terms of pricing and overall developments. While the meltdown of FTX looms over the industry and most…
Users Can Now Verify the Bitcoin They Own on Binance via Merkle Tree
The world’s largest cryptocurrency exchange – Binance – introduced its Proof of Reserves (PoR) system to display to users the exact amount of its crypto reserves. The feature will initially…
Analyst Confirms GBTC’s 633K Bitcoin Claim Despite Grayscale’s Reluctance to Share Proof of Reserves
An independent analyst has confirmed that GBTC owns approximately 633,000 Bitcoin held by its custodian – Coinbase Custody. This comes as Grayscale, the asset manager running the world’s largest bitcoin…
XRP Skyrockets 8%, Bitcoin Stopped Ahead of $17K (Market Watch)
Bitcoin tried its hand at taking down $17,000 but was stopped in its tracks as with most of its previous attempts. Most altcoins are with slight losses today, with ETH…
10,000 BTC tied to Mt Gox Hack Moved After 7 Years
A crypto wallet attributed to the failed BTC-e linked to the 2014 Mt. Gox hack moved 10,000 Bitcoin, now worth over $165 million, to a group of personal wallets, exchanges,…
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