The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says.
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'One of the greatest' Bitcoin metrics says BTC price bull run is here
Cast aside short-term BTC price weakness to focus on the bigger investment trend, says on-chain analyst Philip Swift.
'One of the greatest' Bitcoin metrics says BTC price bull run is here
Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says.
In a tweet on May 16, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite Decentrader, revealed history repeating itself according to the RHODL Ratio metric.
RHODL Ratiocreator on BTC price: "Zoom out"
RHODL Ratio is a method of tracking BTC price behavior based on the realized price of the supply — the price at which coins last moved.
Created by Swift in 2020, it compares the relative ages of coins which moved one week ago to those which moved 1-2 years ago.
This ratio gives an insight into the relative activity of short-term (STHs) and long-term holders (LTHs), and by extension the extent to which speculation is present on the market.
Bitcoin self-custody advocate explains why on-ramps are key to adoption
Cypherpunk Jameson Lopp highlights the need for easier-to-use, improved self-custody solutions and more on-ramp avenues to drive Bitcoin adoption.
Bitcoin self-custody advocate explains why on-ramps are key to adoption
Cypherpunk Jameson Lopp highlights the need for easier-to-use, improved self-custody solutions and more on-ramp avenues to drive Bitcoin adoption.
New survey says Bitcoin is safer than the US dollar — Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is safer than the U.S. dollar, considering the impending risk of debt default.
New survey says Bitcoin is safer than the US dollar — Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is safer than the U.S. dollar, considering the impending risk of debt default.
Tether to buy Bitcoin based on monthly net profits
Tether said that Bitcoin’s decentralized nature and its long-term store of value made it an obvious choice for the stablecoin issuer.
Valkyrie Leveraged Bitcoin Futures ETF gets inspiration from TradFi memes
After being initially discussed in 2021, the investment fund is now capitalizing on the meme-worthy ticker for its new leveraged Bitcoin ETF.
Telegram addresses camera exploit, points to Apple macOS security permissions
Messaging app Telegram denies users were at risk after a security exploit was discovered that could allow attackers to gain control of a device’s camera on macOS systems.
Watch these BTC price levels as Bitcoin threatens to lose $27K support
Bitcoin remains in a tight range with low liquidity, but expectations for new local lows are increasing.
Watch these BTC price levels as Bitcoin threatens to lose $27K support
Bitcoin (BTC) looked poised to give up $27,000 as support on May 17, with traders waiting for new lows.
BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewWhales meet low liquidity
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $26,800 at the time of writing.
The pair had staged multiple crosses of the $27,000 mark the day before, with that level forming a low-timeframe focus now at risk of breaking down.
BTC/USD annotated chart. Source: Crypto Tony/ Twitter“3 wave up into resistance, followed by a retest and a rejection off resistance zone,” popular trader Crypto Tony summarized about recent activity.
He added that a potential target to wait for was now $26,400.
Chinese prosecutors to crack down on 'pseudo-innovation' in NFT market
According to public prosecutor, marketing models such as rewards and dynamic rights and interests can easily evolve into illegal pyramid schemes.
Anchorage Digital opens up DeFi voting for custody clients
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot.
Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously.
Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue
The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait.
Crypto retail trading should be regulated as gambling: UK lawmakers
The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report.
The United Kingdom is currently working on a crypto regulatory framework that would mix existing financial asset laws with new crypto-specific rules.
However, in a May 17 House of Commons Committee report, the U.K. Treasury Committee “strongly recommended” regulating retail crypto trading and investment activity as gambling, consistent with the principle of “same risk, same regulatory outcome.”
It argued the price volatility and lack of intrinsic value mean unbacked crypto assets will “inevitably pose significant risks to consumers.”
Treasury Committee chair Harriett Baldwin described Bitcoin and Ether as accounting for two-thirds of the total market capitalization of crypto assets, both of which she claimed are “unbacked.”
Crypto retail trading should be regulated as gambling: UK lawmakers
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed.
Crypto retail trading should be regulated as gambling: UK lawmakers
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed.
Crypto retail trading should be regulated as gambling: UK lawmakers
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed.