Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC

The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States.Bitcoin (BTC) remains closely correlated to the S&P 500 and…

A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March. Before a state of emergency had officially been declared to slow the spread of the pandemic in Japan, overall activity on crypto exchanges decreased as there was a spike in fiat deposits.According to data…

Cathie Wood’s ARK Invest doesn’t give up on its buy-the-dip purchases, purchasing another $5.7 million worth of Coinbase shares. 67 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCathie Wood, veteran investor and CEO of ARK Invest, remains bullish on the cryptocurrency industry and centralized exchanges (CEX) despite the…

The price of Bitcoin (BTC) dropped to $11,219 on Bitstamp on Aug.7 after the U.S. stock market declined. BTC recovered quickly from the brief crash, stabilizing at above $11,600.The price of Bitcoin drops steeply on Bitstamp. Source: TradingView.comThe release of new job data caused the U.S. stock market to slump in mid-day. Nonfarm payrolls rose…

In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth. 4777 Total views 21 Total shares Galaxy Digital founder and CEO Mike Novogratz, a billionaire active in the digital asset space, says up to 85% of his net worth is in cryptocurrencies.In an interview with New…

Ripple continues its effort to bring financial inclusion to struggling markets. 1381 Total views 3 Total shares Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on financial inclusion in emerging markets during the annual Swell conference.Mercy Corps is a non-governmental, humanitarian aid organization that…

North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council report.The report, prepared by a panel of experts, was presented to the Security Council's North Korea sanctions committee ahead of its annual…