Crypto Currency

Newly-Signed Defense Bill Calls For A Digital Strategy, Sen. Warren Slams Crypto for Wealth Concentration

Democratic Senator Elizabeth Warren, a crypto skeptic, again criticized cryptocurrencies, saying they are not the path to financial equality. “The crypto industry claims that crypto is the path to financial inclusion, but bitcoin ownership is even more concentrated within the top 1% than dollars. We need real solutions to make the financial system work for…

Democratic Senator Elizabeth Warren, a crypto skeptic, again criticized cryptocurrencies, saying they are not the path to financial equality. “The crypto industry claims that crypto is the path to financial inclusion, but bitcoin ownership is even more concentrated within the top 1% than dollars. We need real solutions to make the financial system work for […]
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Crypto Currency

Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’

Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure…

Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure…
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Crypto Currency

Binance’s $570M SAFU Bitcoin Just Moved Again to a Mystery Wallet

The 7,500 BTC that Binance pulled from its emergency user fund to cover its $6.3 billion hack has moved again, this time to an unlabeled, high-volume address. A Silent Move That Could Unnerve Investors Binance’s Secure Asset Fund for Users (SAFU), the reserve the exchange set up to protect customers in extreme events…

The 7,500 BTC that Binance pulled from its emergency user fund to cover its $6.3 billion hack has moved again, this time to an unlabeled, high-volume address. A Silent Move That Could Unnerve Investors Binance’s Secure Asset Fund for Users (SAFU), the reserve the exchange set up to protect customers in extreme events…
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Crypto Currency

Bitcoin Erases Overnight Crash as $420 Million Bets Fuel Bullish Hopes

Bitcoin has staged a remarkable V-shaped recovery, climbing from $75,700 to over $78,300 within hours as traders placed hundreds of millions of dollars in bullish bets. Can Bitcoin price reclaim $80,000, or is this another temporary rally? Why Did Bitcoin Crash and Recover So Quickly? Bitcoin plunged early Wednesday as Democrats won control of both

Bitcoin has staged a remarkable V-shaped recovery, climbing from $75,700 to over $78,300 within hours as traders placed hundreds of millions of dollars in bullish bets. Can Bitcoin price reclaim $80,000, or is this another temporary rally? Why Did Bitcoin Crash and Recover So Quickly? Bitcoin plunged early Wednesday as Democrats won control of both
The post Bitcoin Erases Overnight Crash as $420 Million Bets Fuel Bullish Hopes appeared first on BeInCrypto…
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Crypto Currency

Bitcoin Whipsaws After Democratic Sweep: BTC Reclaims $78K

One analyst believes the latest drop may have marked another local bottom near a key on-chain support level…

One analyst believes the latest drop may have marked another local bottom near a key on-chain support level…
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