Bank Of Korea Wants Crypto ‘Circuit Breakers’ After Bithumb’s 620,000 BTC Mistake

The Bank of Korea (BOK) has urged the cryptocurrency industry to adopt stronger safeguards after a major operational failure at crypto exchange Bithumb earlier this year.  In comments made on Monday, South Korea’s central bank suggested that crypto exchanges should use new mechanisms designed to prevent mistakes like the one that led to an erroneous […]

Bitcoin Slides As Failed Diplomacy Sparks Wave Of Shorting Activity

Bullish momentum appears to be fading on the Bitcoin market as the price of the leading cryptocurrency asset gradually falls back toward the $70,000 level. The growing bearish momentum is driven by heightened selling pressure across the market, backed by a confluence of macroeconomic and political events. Geopolitical Shock Drives Bitcoin Short Interest Several negative […]

‘Last Chance’: US Crypto Policy Hits Critical Deadline, Senator Says

Coinbase chief legal officer Paul Grewal said the CLARITY Act could be nearing a markup hearing in the Senate Banking Committee, but he tied that progress to one unresolved issue: the dispute over crypto and stablecoin yield. Related Reading: Android Flaw Leaves 30 Million Crypto Wallets Open To Attack: Microsoft Analysts That came as the […]

User Activity On Binance Rising — What It Means For The Crypto Market

Pseudonymous crypto analyst Crazzyblockk has pointed to a developing structural shift in the crypto market, while also noting a divergence on the Binance exchange. Related Reading: Bitcoin Bull Phase Pattern Shows When BTC Price Will Bottom At $41,400 Active Addresses Trends Reveal Changes In User Activity In a Quicktake post on CryptoQuant, Crazzyblockk highlights readings obtained […]

Bitcoin OTC Dominance Rises To 82% As Coinbase Leads CEX Flows – Details

As April progresses, Bitcoin is experiencing renewed bullish momentum, after surging to around $73,300 after a 9% price increase over the past week. Underneath this price action, fresh on-chain and market structure data point to a deeper shift in liquidity dynamics. Related Reading: Bitcoin Millionaires Are Disappearing By The Thousands, And The Figures Are Shocking […]

Bitcoin Capital Rotation Trend Shows Rare Signal For First Time This Bear Market

The Bitcoin price has somewhat slowed down over the weekend after a largely positive past few days, slipping below $73,000 in the early hours of Saturday, April 11th. According to an on-chain analyst, investors are beginning to increase their exposure to the world’s largest cryptocurrency by market capitalization. Are Investors Using BTC As A Hedge […]