Analysis
Exchanges
Tether and Bitfinex face new fraud lawsuit in Washington state, second in months
A fresh class action lawsuit has been filed against Bitfinex and its sister company Tether Limited, the company behind the controversial but market-leading USD-pegged…
DeFi
Only 0.01% of Ethereum holders are in profit; are DeFi liquidations fueling ETH’s downtrend?
According to IntoTheBlock, 99.99 percent of Ethereum addresses are at a loss or break-even after ETH’s weeks-long decline, a rally that has seen the…
Rumors
Binance CEO dismisses Shanghai police raid news as “pure FUD,” says rival crypto exchanges are paying for disinformation
The chief executive of Binance, one of the world’s top crypto exchanges, has vociferously denied reports that the firm’s Shanghai office has been raided…
Adoption
Binance to launch fiat-to-crypto services in India after acquisition of Mumbai-based crypto exchange
Binance, one of the world’s largest cryptocurrency exchanges by daily volume, has announced the acquisition of major Indian crypto exchange WazirX and plans to…
Exchanges
Why is Bakkt planning to list cash-backed Bitcoin futures?
Bakkt has announced it will be listing cash-settled BTC futures, a pivot in the strategy that may seem at odds with the company’s founding…
Adoption
3iQ expects to launch Bitcoin ETF this quarter after “favorable” ruling from Canada’s top securities regulator
The Ontario Securities Commission (OSC) has ruled to allow crypto fund manager 3iQ to issue a prospectus for its prospective exchange-traded Bitcoin fund, signaling…
Price Watch
Stellar ends inflation of XLM with latest protocol upgrade
Stellar has successfully completed its scheduled Protocol 12 upgrade, effectively disabling inflation for the network’s cross-border payments-focused crypto, Stellar Lumens (XLM). The Stellar Development…
Exchanges
Binance.US to list its 21st cryptocurrency, Waves
Binance.US, the US-based arm of crypto exchange giant Binance, has continued its aggressive listing policy announcing it will be adding support for the native…
Adoption
Social media searches for Bitcoin booming as China Merchant Bank invests in popular BTC wallet
Search volumes for “Bitcoin” on China’s social media platforms have spiked sharply following the Chinese government’s announcement of an openly bullish stance on blockchain…
Analysis
Almost 70 percent of Ethereum addresses are at a loss, but HOLDing is at an all-time high
Nearly 70 percent of Ethereum holders are holding at a loss, suggesting the second-largest cryptocurrency by market capitalization could face significant sell pressure on…
Analysis
Majority of Bitcoin holders are still in profit, $6,649 could be BTC’s key support level
Despite Bitcoin’s recent bearish condition and low market sentiment, the majority of Bitcoin holders are still in profit, according to data from the crypto…
People
Blockstream CEO says Bitcoin sidechains will kill altcoins
The development of sidechains could transform Bitcoin into an all-useful blockchain protocol and make many altcoins redundant, according to sidechain pioneer and Blockstream CEO…