Bitcoin dips to $92K in 'optimal dip-buying' move as PCE boosts crypto
BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out.
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Dutch AMLD5 Implementation Leaves Crypto-Companies Footing the Bill
The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor its cryptocurrency industry.The cost of this supervision will be passed on to crypto-based businesses. A recent report suggests that these new compliance fees will be higher than those paid by traditional trust…

Alameda wallets become active days after SBF bail, community mulls foul play
The recent movement of funds from Alameda wallets just days after Sam Bankman Fried was released on bail raised many eyebrows about the timing. 1019 Total views 8 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTThe crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen…

Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC
The alleged fraudster’s crypto brokerage filed for bankruptcy in 2019 after claiming to have been the victim of a hack. Self-described “Bitcoin King,” Claudio Oliveira, has been arrested and charged by Brazilian federal police for allegedly masterminding a 1.5 billion reais (roughly $300 million) fraud scheme involving crypto. Oliveria served as the president of Bitcoin…

Elon Musk swaps Twitter avatar for a horde of Bored Apes, BAYC floor price surges 10 ETH
The development has caused a stir in the NFT community, with some saying Elon Musk made a collage of bored apes on his avatar to troll NFT owners. 890 Total views 48 Total shares Fresh from bidding to Purchase Twitter, Elon Musk, the billionaire CEO and founder of Tesla, sparked a stir on the social…

Metaverse trading volume plummeted 80% but hype hasn’t decreased
A DappRadar report found that while trading volumes have taken a sharp hit during Q3, the average number of NFT sales for these 10 projects only decreased by 11.55%. 345 Total views 5 Total shares Third-quarter trading volume for the top 10 Metaverse projects may have fallen 80% compared to the second quarter, but analytics…

Hashgraph CTO expects blockchain interest to grow even bigger in 2021
We are at the "knee of an exponential curve, said the executive. 2468 Total views 20 Total shares In an interview with Cointelegraph, Hedera Hashgraph CTO Leemon Baird said that while interest in blockchain greatly increased in 2020, he expects much bigger things to come in 2021.Baird, who holds a doctorate in computer science from Carnegie…

Bitcoin shorts worth $1.4B at risks of liquidation if BTC price hits $74.3K
The recent bullish price momentum is attributed to several factors, including increasing investor confidence, decreasing exchange supply and the positive influx into spot BTC ETFs

Visa plans to allow partners to settle fiat transactions with crypto
Visa’s partners will be able to exchange USDC over the payment network to clear transactions made in fiat currency. 3801 Total views 38 Total shares Major credit credit provider Visa is piloting a program that will allow its partners to use the Ethereum (ETH) blockchain to settle a transaction made in fiat.In a Monday announcement,…