Quick Take The forthcoming Bitcoin halving event, tentatively slated for Q2 2024, has been generating significant interest, particularly considering the current monthly issuance of Bitcoin at 27,000 BTC. When studying various cohorts (Shrimps, Whales, Super Whales, exchanges, and miners), an overwhelming absorption of this issuance becomes apparent. Over the past…
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Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch. According to the September 27 announcement, only professional investors, or individuals possessing an investment portfolio with a value…
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Quick Take Despite Bitcoin’s resilience, maintaining a value above $26,000, a wave of panic selling is washing over the short-term holders. Particularly, those who have held their positions for less than 155 days, are appearing to succumb to market fear and capitulation. Demonstrably, they have offloaded in excess of 15,000…
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In the latest Cointelegraph Report, we sought to find out the real value AI brings to the crypto industry beyond the hype surrounding the technology. To do so, we looked into three main areas where AI is impacting crypto: trading, data analytics, and user experience. For many years, trading bots…
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Sam Bankman-Fried‘s lawyers have moved to dress him in “business attires” for his defense scheduled to start on Oct. 3. In a Sept. 26 letter to Judge Lewis A. Kaplan, the lawyers requested that the Court order the U.S. authorities to allow Bankman-Fried to be dressed in business attire while…
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Cryptocurrency exchange Binance has claimed that it will fully quit Russia by selling its local business to a completely new exchange known as CommEx. While promising its customers a “smooth” migration, Binance hasn’t provided much information about its successor in Russia. At the time of the announcement, little is known about…
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The total value of assets locked on Mixin Network sharply declined by more than $200 million two days after the protocol revealed it suffered a breach, according to DeFillama data. Per the data aggregator dashboard, the decline fell to $150.68 million on Sept. 27 from $351.47 million recorded on Sept.…
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Legal frameworks that ensure that user privacy and the freedom to choose between central bank digital currencies and other forms of money will be key in driving CDBC adoption, according to the head of the Bank of International Settlements. Speaking at the BIS Innovation Hub conference in Switzerland on Sept.…
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Liveliness and Vaultedness are pivotal metrics in understanding the changes in the Bitcoin network. At their core, these metrics revolve around the concept of ‘coinblocks’. A recently introduced metric from Glassnode, coinblocks represent a specific quantity of Bitcoin associated with a particular time duration since its last movement or transaction.…
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Bitcoin (BTC) broke higher into the Sep. 27 Wall Street open as one analyst predicted a return to $30,000 in October. BTC/USD 1-hour chart. Source: TradingView BTC price reaches for $27,000 in fresh uptick Data from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls gathered steam to…