Bitcoin activity drops to lowest level since 2010
The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies.
Related Posts


RBI lists risks of stablecoin for developing economies, calls for global regulation
The Reserve Bank of India listed six specific ways stablecoin can undermine emerging markets, adding to its mounting case against crypto. Stablecoin has a lot of potential to harm emerging markets and developing economies, the Reserve Bank of India (RBI) claimed in its latest Financial Stability Report, released June 28. The report listed six threats…

Magic Eden dominates NFT trading volume, surpassing Blur and OpenSea: CoinGecko
Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share.

Crypto-to-fiat liquidity startup Xanpool raises $27M
Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding.The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel.Other participating investors included crypto-focused venture capital firm CMT Digital as well as angel…

Venezuela to Pay Retirees and Pensioners Christmas Bonus in Petro
Venezuelan President Nicholas Maduro announced that the Christmas bonus of the country’s retirees and pensioners will be paid to them in the national cryptocurrency Petro.The Twitter profile of local news outlet Venepress reported on Maduro’s remarks on Nov. 17. This particular instance is not the first time that Venezuela pushes Petro into the wallets of…

Bitcoin must secure weekly close above $89K to confirm bottom has passed
Bitcoin must close the week above $89,000 to signal an end to the short-term downtrend, says a crypto analyst. “The only way for Bitcoin to confirm that the bottom is actually in would be to close a weekly back above $89K,” crypto analyst Matthew Hyland said in a video posted to X on March 13.

FBI seizes almost $2M of crypto assets in three months
Crypto assets seized by the Federal Bureau of Investigation included Bitcoin, Ether, Tether, Monero and Dai. 325 Total views 5 Total shares A public filing released by the United States Federal Bureau of Investigation (FBI) shows that the law enforcement agency seized around $1.7 million worth of digital assets from March to May.According to the…

Bitcoin ‘awaiting second leg of bull market’ as BTC price hits $46K 3-month highs
Bitcoin (BTC) hit $46,000 on Aug. 9 as macro factors failed to dent enthusiasm after 18% weekly gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $45,500 at the time of writing Monday.After reaching local highs overnight, Bitcoin saw a comedown as the new week began, but this…

Binance Launches $216,000 Futures Trading Contest on Testnet Platforms
Binance has launched two futures testnet platforms — inviting users to participate in a 10,000 Binance Coin (BNB) trading competition.Two promotions during testingThe major crypto exchange has launched two futures trading platforms named Futures A and Futures B in testing mode — allowing customers to participate in a simulated trading competition, Binance announced on its website on Sept.…