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Russia’s Central Bank reports: $52 billion in cryptocurrency exchange transactions last year

Russia's Central Bank reports: $52 billion in cryptocurrency exchange transactions last year

The Central Bank of Russia has disclosed that the total value of transactions on its cryptocurrency exchanges in 2023 was close to $52 billion. The bank claims that it may “potentially” link more than $51.67 billion in Bitcoin (BTC) and Ethereum (ETH) transactions on “large crypto exchanges” to Russian nationals. Nevertheless, the majority of Russians … Read more

Has Polygon (MATIC) Reached Its Golden Age? Examining the Gathering Stage

Has Polygon (MATIC) Reached Its Golden Age? Examining the Gathering Stage

The price of Polygon (MATIC) had a sharp drop during the previous 48 hours, potentially ending its two-week downturn. An increase from here is probably in store, which makes adding MATIC to portfolios quite rewarding. Are Polygon Investors Confident? For the first time since mid-February, the MATIC price is below $0.900. The cryptocurrency has been … Read more

Tether increases its holdings of Bitcoin ($BTC) to become the seventh-largest wallet owner with about $5 billion

Tether increases its holdings of Bitcoin ($BTC) to become the seventh-largest wallet owner with about $5 billion

Prominent stablecoin issuer Tether, the business behind the biggest stablecoin in the world, USDT, has covertly added 8,888.888 BTC to its holdings for a total of about $618 million, bringing its total holdings of Bitcoin to approximately 75,354 BTC. With around $5 billion worth of the flagship cryptocurrency stored in it, the company’s purported Bitcoin holdings … Read more

PEIRCE APPOINTED THE SEC’S CRYPTO STANCE: A DEMAND FOR DISCLOSURE AND COMMUNICATION

PEIRCE APPOINTED THE SEC'S CRYPTO STANCE: A DEMAND FOR DISCLOSURE AND COMMUNICATION

Commissioner Hester Peirce of the SEC chastised the agency for its handling of cryptocurrency regulation in a pretty dramatic and shocking move that has captured the attention of the financial and cryptocurrency worlds.  Peirce was unruly in her doubts about SAB 121 during the Practicing Law Institute’s SEC Speaks event. She called the bill a “pernicious … Read more

What Are The Whales Doing When They Acquire 5% Of The Stablecoin Supply?

What Are The Whales Doing When They Acquire 5% Of The Stablecoin Supply?

Over the previous three weeks, the major stablecoins’ supply appears to have been acquired by whale entities, according to on-chain data, at a rate of approximately 5%. Recent Supply of Stablecoin Has Been Consumed by Whales The supply of stablecoins has recently been substantially increased by whales, according to data from the on-chain analytics company … Read more

Keep Notify you: The Crypto Currency Market Will Be Following These 7 Important April Events Thoroughly

Keep Notify you: The Crypto Currency Market Will Be Following These 7 Important April Events Thoroughly

After a roughly 11% decline at the end of March, when the price of Bitcoin ended the month, April appears to be a bit more active than March. Important economic data, particularly from the USA, is anticipated in April, along with numerous changes in the cryptocurrency sector. The mining incentives for Bitcoin Cash (BCH), one … Read more

ACCORDING TO EXPERTS, WHICH THREE CRYPTOCURRENCIES WILL HARDEST PUMP IN 2024?

ACCORDING TO EXPERTS, WHICH THREE CRYPTOCURRENCIES WILL HARDEST PUMP IN 2024?

With new initiatives popping up all the time and existing businesses fighting for supremacy, the cryptocurrency market is unpredictable but has the potential to be very profitable.  Experts think that three digital assets, Retik Finance (RETIK), Solana (SOL), and Shiba Inu (SHIB), will see the most development and pumping as we enter the 2024 bull … Read more

MICROSOFT ANNOUNCES SECURITY COPILOT TO IMPROVE CYBERSECURITY ACTIONS

MICROSOFT ANNOUNCES SECURITY COPILOT TO IMPROVE CYBERSECURITY ACTIONS

Microsoft formally unveiled Copilot for Security, an advanced artificial intelligence platform designed to improve cyber security operations. Just a year ago, it was first introduced in Microsoft Secure.  As of April 1, 2024, it will be available to all users. Its goal is to make threat response procedures for IT and security teams more efficient. … Read more

Bitcoin halving: will the price drop low for expectations?

Bitcoin halving: will the price drop low for expectations?

Many forecasts were circulating up until yesterday suggesting that before the halving, the price of Bitcoin might have hit new all-time highs. But after yesterday, this prediction doesn’t seem as plausible. The decrease in Bitcoin prices despite pre-halving forecasts Bitcoin’s price fell after hitting an all-time high of $73,800 on March 14. It had rebounded … Read more

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