investment – Page 10

Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’

Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such funds have been returning to the U.S. via FTX donations for the Democratic Party. Kyiv Official Describes as Nonsense Allegation That Ukrainian Investment in FTX […]

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Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply

Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.

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Costa Rica Might Be the Next Country to Establish Bitcoin as Regulated Currency

Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody […]

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Public Bitcoin miners’ hash rate is booming — but is it actually bearish for BTC price?

Efforts to keep Bitcoin mining operations afloat may end up stressing the spot BTC price further lower.

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3 reasons why Quant Network’s QNT token may have topped after 450% gains since June

QNT whales have started securing profits after the token’s 450%-plus price rally since June 2022.

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$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash

Bitcoin price technicals, however, remain bearish for with the BTC price eyeing a run-down toward $14,000 in Q4.

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Blockchain-Based Platform Created by Saudi Students Places Third in National Women’s Coding Competition

A blockchain-based tender bidding platform that was designed by female university students has been named the third-best entry in a Saudi Arabian women’s coding competition. The competition is said to be part of Princess Nourah bint Abdulrahman University’s broader goal of supporting and empowering women in Saudi Arabia’s technology sector. Empowering Women in Saudi Arabia’s […]

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BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin

This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin, and “most Canadians are aware of bitcoin.” Bank of Canada’s Financial System Review Highlights […]

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Why is the price of Houbi Token up 12% today as rest of the market slumps?

HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish.

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Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments

Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit […]

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