Onchain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes. Blockchain sleuths have flagged the transfer of $1 million of ETH belonging to a wallet controlled by Ethereum (ETH) co-founder Vitalik Buterin as cryptocurrency markets remain depressed after widespread weekend losses. #PeckShieldAlert vitalik.eth has transferred 600 […]

Bitcoin rebounded from this weekend’s low on Monday, as markets attempted to consolidate following recent losses. The cryptocurrency rose back above the $26,000 level, after a brief stint below this point. Ethereum also settled, after declines over the weekend. Bitcoin Bitcoin was marginally higher to start the week, as the cryptocurrency climbed back above the […]

Digital asset investment products experienced a significant outflow of funds this week, totaling $55 million, according to the weekly report by CoinShares. Analysts, including James Butterfill, believe the market’s reaction is due to the disappointment from recent media reports indicating a delay by the US Securities & Exchange Commission in approving a US spot-based ETF. […]

The post Ether-Futures ETF Greenlight By SEC Boosts Crypto: Top Performers Include Monero, DigiToads and Chainlink appeared first on Coinpedia Fintech News The recent greenlight by the Security and Exchange Commission (SEC) over Ether-Futures’ approval for US trading has sparked the growth of specific cryptocurrencies. Among such cryptos, Monero (XMR), DigiToads (TOADS), and Chainlink (LINK) […]

The post Genesis Opens a New Bitcoin Mining Facility in Sweden! appeared first on Coinpedia Fintech News Genesis Digital Assets (GDA) has opened a new Bitcoin mining facility in Sweden, near the 417 MW Porjus Hydroelectric Power Station. The facility has a current capacity of 8 MW, and GDA plans to expand it shortly. The […]

The post Binance Labs Invests in Delphinus Lab for Web3 Development! appeared first on Coinpedia Fintech News Cryptocurrency exchange Binance’s investment arm, Binance Labs, has announced its latest investment in Delphinus Lab, a provider of zkWASM infrastructure. With this investment, Delphinus Lab aims to provide automated verification and batch processing services for Web3 application development. […]

The post Decoding Bitcoin’s Performance: A Close Look at Net Taker Volume Trends appeared first on Coinpedia Fintech News The world of Bitcoin has been a whirlwind of events recently, with various indicators pointing to significant trends in the cryptocurrency sphere. One of the standout trends is the impressive activity surrounding Bitcoin Net Taker Volume. […]

The post Monetary Authority of Singapore Seeks Ripple’s Input on Stablecoin Regulations and Labeling appeared first on Coinpedia Fintech News In a recent development, the Singaporean regulatory authority is targeting to regulate the value stability of stablecoins. In pursuance of this, the Monetary Authority of Singapore (MAS) has sought inputs from 39 prominent firms including […]

Coinspeaker Jio Financial Services (JFS) Drops 5% in Share Price Following Market Debut Minutes after listing on stock exchanges on Monday, Jio Financial Services (JFS) has fallen limit-down. That is even as investors remain unsure about the expanse of the business cashed out of the stock. JFS, which was recently spun off of billionaire Mukesh […]

Genesis Digital Assets (GDA), one of the worlds largest Bitcoin miners in terms of hash rate, has announced the inauguration of its new mining facility situated in the northern reaches of Sweden, according to a press release sent to Bitcoin Magazine. The data center’s capacity is currently 8 megawatts (MW), with plans for further expansion “in […]