Leading cryptocurrency exchange Binance has recorded over $3 billion in outflows over 24 hours as investors are pulling their funds off of the platform amid concerns it may not be able to honor withdrawals in case of a bank run. According to data from Nansen the exchange has recorded its highest daily withdrawals since June, with the figure surpassing $3 […]

Bitcoin Group SE, operator of the German crypto trading platform bitcoin.de, announced that it has acquired 100% of shares in Bankhaus von der Heydt. The bank has a full banking license and is a provider of digital asset custody and tokenization services.  According to an announcement released Dec. 12, Bitcoin Group SE has preliminarily proposed to pay bank owner Dietrich […]

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin has climbed to $17,800 at time of writing, following softer U.S. CPI released this afternoon. CPI was expected to be 7.3% year-over-year, but came in at 7.1% and much lower than the previous 7.7%, leading to a strong bullish move higher in Bitcoin and other digital assets. This […]

Damian Williams, United States Attorney for the Southern District of New York, said the investigation leading to charges against former FTX CEO Sam Bankman-Fried had been “very, very fast” but prosecutors were “not done” with arrests. In a press conference livestream on Dec. 13, Williams said the timing of the arrest of Bankman-Fried had been based on progress from law […]

Soulbound tokens (SBTs) are becoming a mainstay in the Web3 space for users and projects to define themselves in digital reality.  A Dec. 13 announcement from Cobo, a digital asset custodian and blockchain technology developer, revealed a new SBT project which unites crypto industry giants to cater to users’ developing digital identities. Cobo, MetaMask Institutional and Gnosis DAO teamed up […]

The price of Ripple (XRP) has been consistently hovering below the $0.40 level. Ripple (XRP) Price Long-Term Forecasts: Bearish Since December 1, XRP has been bouncing below the resistance level and trying to break it. With doji candlesticks in place, buyers have failed to break the resistance level. Once the cryptocurrency price breaks below the 21-day line SMA, selling pressure […]

Since Cointelegraph Markets Pro launched — bringing professional crypto market intelligence to every investor — the platform has helped thousands of subscribers to better understand the opportunities and threats inherent in the world of crypto investing and trading. In this brief, we want to draw attention to some highlights since the platform’s launch, including a critical look at a variety […]

Users and developers are seeking out ways to stay both safe and informed after a year of volatility and uncertainty. During this shift, the hardware wallet developer Ledger announced a new integration for users to track the value of their assets.  Ledger and Merlin, a decentralized finance (DeFi) portfolio tracker, announced their new partnership on Dec. 13 to bring live […]

A United States federal judge has ordered the Commodities Future Trading Commission (CFTC) to serve its lawsuit to the two original founders of the Ooki decentralized autonomous organization (DAO). On Dec. 12, District Judge William Orrick ordered the U.S. regulator to serve Tom Bean and Kyle Kistner, the founders of the decentralized trading platform bZeroX which was the predecessor to […]