A lower number of deposit addresses could indicate several factors. One possibility is that investors are holding onto their Bitcoin, anticipating future price increases. Another explanation could be a shift in trading activity towards other cryptocurrencies or derivatives markets. Mixed Signals for Bitcoin While a decline in depositing addresses may seem positive for Bitcoin’s price,...
Dynamic Exposure to Bitcoin and USD Coin The DDA Bitcoin Macro ETP tracks the Compass FT DDA Bitcoin Macro Allocation Index, which employs a quantitative model to assess real-time macroeconomic factors and determine the optimal allocation between Bitcoin (BTC) and USD Coin (USDC), a stablecoin pegged to the U.S. dollar. The index’s quantitative model analyzes...
“The previous two chopfests both ended with new highs in the third week of October,”Jelle noted. “We’d be about a month away from new all-time highs if this time plays out the same.” This forecast aligns with what is expected to be a monumental catalyst: the US presidential election, which is expected to bring new...
Mikun is a major city in the Ust-Vymsky District. Sindor is a smaller settlement in the Knyazhpogostsky District. Uyba said that the two centers’ plots “have been allocated.” And Uyba explained that the republic and a power firm named Energoresource-K would jointly carry out the project. The regional chief said the two parties had already...
In a highly anticipated development, the Federal Bureau of Prisons has confirmed that Binance founder Changpeng Zhao, commonly known as CZ, is scheduled for release on September 29, 2024. This confirmation was verified through the Bureau’s Inmate Locator tool, which lists Zhao’s identification number as 88087-510 with the corresponding release date. CZ’s release marks a...
A police spokesperson said the duo gave the victim 4,200 50,000 won bills. However, the alleged victim later inspected the banknotes and realized that many of them appeared to have the serial number. The crypto trader reported this to the police. Officers arrested the duo on a street in the Yeoksam neighborhood “around noon” on...
ZKsync announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) on September 16. According to a joint press release by Chainlink and ZKsync, this collaboration will support a unified Layer 2 ecosystem on Ethereum, providing developers with advanced tools for building interoperable applications while bridging decentralized finance and traditional financial systems. ZKsync and Chainlink’s New...
Much of the talk appears to be revolving around crypto exchanges. Crypto exchanges remain completely unregulated in Russia. The bank previously expressed a desire to ban them completely. However, its stance has changed on this matter as Russia has decided to legitimize its industrial crypto mining industry. Russian firms also say they are struggling to...
Money Laundering Charges The US government has accused Vinnik of laundering “between $4 billion and $9 billion” through BTC-e. Arkady Bukh, Vinnik’s lawyer, previously told the same media outlet that Vinnik will not be sentenced on money laundering charges until 2025. Vinnik was detained in California this year. He pleaded guilty to charges of conspiracy...
The CFTC claimed that without the judge’s written opinion, it could not make an informed decision on the next steps or adequately brief a motion for a stay pending any potential appeal. Judge Cobb granted a temporary stay, but it only extended through the end of the hearing on Thursday, leaving the door open for...