Categories
Bitcoin News

The number of BTC held on exchanges crashed 20% in 12 months

Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly twenty percent in 12 months. The data suggests investors are acquiring BTC and pulling out them from trades into cold storage space, creating a supply crisis. #Bitcoin Stability on Exchanges taking another dive pic. tweets. […]

Categories
Bitcoin News

Thailand’s crypto market seeks clearer regulations because industry interest peaks

Thailand currently lays claim to one of the more controlled crypto trading markets in the world, with trades having to adhere to stringent regulatory standards. For instance , at the start of the yr, Bitkub, the country’s largest cryptocurrency exchange, was shut down by regulators after the trading platform experienced a series of lengthy assistance […]

Categories
Bitcoin News

Watershed moment? Bitcoin price exceeded all anticipations in February

Within hindsight, February can be viewed a watershed moment in the history of Bitcoin. The entire month could be looked back on by market experts and economists, since the markets saw a huge surge before fixing themselves later within the month. The flagship cryptocurrency asset, Bitcoin ( BTC ), hit the all-time high of $58, […]

Categories
Bitcoin News

Now you can buy an used Hyundai, not just a Lambo, with Bitcoin

HGreg, the Quebec-based vehicle superstore with 30 North American locations, will begin taking cryptocurrency payments for new or preowned automobiles this month.   The particular auto dealer, that has locations in Quebec and Florida, is becoming one of the first large automotive groups to accept digital asset payments in its day-to-day operations. The organization claims […]

Categories
Bitcoin News

Here is how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Confidence

Since 2017, traders have been anxiously waiting for a Bitcoin ETF approval as the presence of such a fund was an important symbol of mass adoption and acceptance from the realm of traditional financial.   On Feb. eighteen, the Toronto Stock market hosted the official start of the Purpose Bitcoin ETF and the fund quickly […]

Categories
Bitcoin News

Whilst Washington dithers, Wyoming and other US claims mine for crypto gold

The United States is divided politically these days into red claims and blue declares, and increasingly, it seems to be fracturing directly into cryptocurrency-friendly and crypto-wary locales, too. On Feb. 21, it had been revealed that San Francisco-based Ripple Labs had registered as a Wyoming business . Wyoming is arguably probably the most blockchain and […]

Categories
Bitcoin News

Altcoins bounce to brand new highs as Bitcoin price trades sideways under $50K

The cryptocurrency market retrieved some of the losses from your past couple of days upon Feb. 25 since Bitcoin ( BTC ) briefly pushed back above the fifty dollars, 000 level and multiple altcoins have experienced double-digit price increases.   Data from Cointelegraph Markets plus TradingView demonstrates Bitcoin bounced away a low of $45, 200 […]