Author: e_cash_top

—

by

[ad_1] US Senator Cynthia Lummis is still a devoted Bitcoin supporter, as she wants to add Bitcoin to retirement funds amid the struggling crypto market. “I’m very comfortable with making sure that people can include Bitcoin in their retirement funds because it’s just different than other cryptocurrencies,” Lummins recently shared with Semafor. However, it’s not…

Argo blockchain requests trading be restored on LSE, looks to raise funds

—

by

[ad_1] Crypto mining firm Argo Blockchain has requested the resumption of trading for its ARB shares on the London Stock Exchange (LSE) after the UK Financial Conduct Authority suspended it. Reports emerged on Dec. 10 that Argo Blockchain was looking to file for bankruptcy as it is facing a severe liquidity crunch. As a result,…

Bitcoin Group set to acquire German’s oldest Bank for over $15M

—

by

[ad_1] Crypto holding company Bitcoin Group has moved to buy one of the world’s oldest banks Bankhaus von der Heydt, for roughly $15 million. Bankhaus von der Heydt was founded in 1754 as a privately-owned bank offering traditional and digital assets banking. It became the first bank in German to offer cryptocurrency trading and custody…

Binance hits out at Reuters, USDD loses peg, Paxful delists ETH

—

by

[ad_1] The biggest news in the cryptoverse for Dec. 12 includes Binance saying “Reuters has it wrong again,” obscure token takes up 15% of ETH gas fees, USDD loses peg, and more CryptoSlate Top Stories XEN crypto, an ERC-20 token launched in October, accounts for about 15% of all Ethereum gas fees. A recent chart…

SBF admits responsibility for FTX failure in Twitter space but remains vague on details

—

by

[ad_1] FTX co-founder Sam-Bankman Fried gave ambiguous answers to questions about the mixing of user funds, investing in The Block, and more during a recent Twitter space hosted by Autism Capital. In response to a question regarding the mismanagement of user funds, Sam replied that from Nov 6th to Nov 10th, he looked into everything…

Bitcoin realized cap vs. market cap reveals shift in safety flight dynamics

—

by

[ad_1] An analysis of market cap and realized cap Bitcoin dominance (BTC.D) data performed by CryptoSlate suggests that users are increasingly using stablecoins, instead of BTC, as a safety flight. Most are familiar with market cap, which is calculated by multiplying the circulating supply by the current token price. Realized cap is also a valuation…

Dogecoin leads top 10 assets sell-off

—

by

[ad_1] Since the last market update report, the cryptocurrency market cap saw net outflows of $16.68 billion and currently stands at $844.36 billion — down 1.44% over the last 24 hours. Meanwhile, Bitcoin and Ethereum’s market cap is down 1.12% and 1.72% to $326.29 billion and $153.03 billion, respectively. The top 10 cryptocurrencies all posted…

FTX fallout motivates Hong Kong watchdog to draft new rules

—

by

[ad_1] The Hong Kong Securities and Regulatory Commission plans to draft new regulatory provisions to implement under its new crypto regulation system in the wake of FTX’s collapse, according to local media reports. The Commission reportedly argued that the FTX fallout had affected other virtual tokens and the entire crypto industry. The incident demonstrates the…

Retail investors are growing their BTC stack; whales’ holdings falling

—

by