Bitcoin exchanges are witnessing 3rd-biggest net daily outflow of 2024
Bitcoin dip-buying is a top priority for some exchange users as BTC price highs give way to sell-offs elsewhere.
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Bitcoin dominance nears 50% as research hails ‘bullish’ narrative flip
Bitcoin (BTC) accounts for more of the total value of cryptocurrency than at any time since June 2022.The latest data from TradingView shows that Bitcoin market cap dominance is nearing 46% — its highest in nine months.New dominance "spike" hints at trend change to comeThe latest knock-on effect from this week’s surge above $26,000, Bitcoin’s…

Major client demand the ‘tipping point’ for BNY Mellon’s crypto services
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets. 142 Total views 12 Total shares BNY Mellon CEO Robin Vince says “client demand” was the “tipping point” that ultimately led to the bank’s launch of institutional-focused crypto services…

French central bank governor pushes for crypto licensing ahead of EU laws
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible." 117 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFrancois Villeroy de Galhau, the Bank of France’s governor, has urged for…

Tether freezes $150 million in USDT
Tether has not issued a statement giving a specific reason for blacklisting three addresses, but it has done so before to comply with law enforcement and aid exchanges after cyber attacks. 1587 Total views 30 Total shares Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them,…

Bitcoin stays put with yearly close set to seal 60% YTD BTC price loss
Little fresh BTC price action greets traders in the final hours of 2022, with Bitcoin avoiding any form of last-minute trend change. 277 Total views 37 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTBitcoin (BTC) kept traders guessing to the last minute into the 2022 yearly close as volatility remained absent…

Confirmed: Coinbase Veteran Adam White Joins ICE’s Crypto Platform Bakkt
The former head of institutional products at major U.S. crypto exchange Coinbase Adam White will be joining Intercontinental Exchange’s (ICE) forthcoming platform Bakkt. According to a Medium post published today, October 15, White will be joining as chief operating officer (COO) this November.The news confirms unofficial reports that had already been circulating last week. As…

Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer
"At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries," said the Foundry Digital CEO. Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy. Speaking at…

Nigeria’s central bank forced to deny claims of crypto account freeze
The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited.