The U.K. Financial Conduct Authority (FCA) has revealed that it has dealt with over 1,400 crypto cases between January 2020 and June 2023. The regulator noted that “a shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering regulations.” 1,400 Cases Related to Unregulated Crypto-Asset Activity The […]
Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation
As bitcoin stabilizes near $ 43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for investors. Bitcoin Presently, bitcoin’s price steadies at $ 43,654, fluctuating between $ 43,049 …
Satoshi Era Bitcoin Awakens: 2010 Block Reward Moves 3 Days After Mega Whale Activity
After the notable appearance of a mega whale on December 4, another block reward from the Satoshi era was moved on December 7, at a block height of 820,156. This transaction marks the 21st block reward from 2010 to be spent in the initial week of December. Sleeping Bitcoin Stash Stirs After a Decade On […]
Dex Trade Volumes Jumped 32% in October; November’s First Week Ends With Strong Activity
After experiencing a slump in September, with a trading volume of $ 30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $ 39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for $ 15 billion …
Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses
By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next highest-ranked category — the number of DAAs at the end of Q3 was just over […]