Bitcoin Blockchain and Cryptocurrency News Center
Bitcoin’s circulating supply has fallen near the end of 2021, with December representing the lowest month on average in years for BTC supply. 6.3% Of BTC On Exchanges The amount of Bitcoin in circulation has been falling since the halving in 2020, according to a new study from CryptoRank, with access to acquire Bitcoin on exchanges […]
For decentralized markets to scale globally, the interoperability between cryptocurrency exchanges must be seamless. It’s no secret that Coinbase has played an instrumental role in bringing new users into the crypto space. Coinbase’s friendly onboarding process and status as a publicly traded company allow it to appear as a more traditional investment platform to non-crypto […]
Staking for Cardano’s ADA (+9.52%) cryptocurrency is now supported on U.S.-based cryptocurrency exchange Kraken, according to a blog post. Users are able to access the staking option inside their Kraken Staking Wallet after the option went live at 21:00 UTC on Tuesday. Rewards of 4% to 6% are being offered to those staking ADA, Kraken said. Payouts are to […]
NKN price rallied to a new all-time high as the number of full consensus nodes on the network surpassed 67,000. One telltale sign of a growing altcoin season is when obscure and lesser-known projects start putting on face-melting gains as traders scramble to jump on the rising price. New Kind of Network (NKN) has emerged […]
Less than a year after its launch, Binance Korea is closing its doors amid shrinking liquidity, the Cointelegraph reported on December, 24. Binance KR has decided to shutter its operations in South Korea according to an announcement released on Thursday. As part of the press statement, Binance KR attributed the move to declining liquidity and low trading volume […]
Crypto exchanges are disappearing at a fast rate this year. As least 75 crypto exchanges have closed down due hacks, scams or simply disappeared for unknown reasons so far this year. According to the Crypto Wisser Exchange Graveyard five of the exchanges were labelled as scams, and four including Altsbit, and Nerae, were flagged as being hacked. […]
Some say that meaningful change happens gradually. Others insist it erupts unexpectedly. This week, we saw that both are true. Earlier this week, the Wyoming Banking Board voted to approve the application from San Francisco-based crypto exchange Kraken for a Special Purpose Depositary Institution (SPDI) banking charter. Yes, one of the crypto industry’s oldest exchanges has become […]
Major monthly Bitcoin options and futures expiry sees markets becoming bullish on BTC, the Cointelegraph writes. Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, […]
On-chain exchange activity exploded during Bitcoin’s recent breakout, seemingly confirming the legitimacy of the price momentum. Bitcoin’s (BTC) recent breakout was accompanied by a massive spike in on-chain exchange volume activity, according to data from Glassnode. On-Chain exchange activity. Source: Glassnode. Unlike regular trading volume that is often artificially inflated by the exchanges, on-chain activity may be more indicative […]
Multiple indicators are signalling that professional traders are bullish on Bitcoin derivatives, suggesting that the $10,000 level could soon be tested, the Cointelegraph reported. There are few indicators capable of accurately detecting professional traders’ sentiment on Bitcoin (BTC). To ascertain whether or not market participants are positioned in a bullish or bearish manner, analysts usually […]