There’s a crypto study out of South Korea recently of Chinese Bitcoin arbitrage traders and Korea’s “kimchi premium” on Bitcoin prices. Its characterization of the cross-border Bitcoin trade and recommendations miss some key economic foundations. A recently published crypto study by Incheon National University and the Bank of Korea is making the rounds. The authors...Read More
The mining data site Hashrate Index has released a report reflecting on the state of the Bitcoin mining industry throughout 2022. The analysis examines the steep decline in mining profitability in 2022 compared to 2021 amid plummeting Bitcoin prices and a rising hash rate. The Hardest Hitting Bear Market Per the report published on Wednesday,...Read More
The year 2022 has been a roller coaster ride in total with a lot of huge price crashes, many firms entering into bankruptcy along with scams and hacks. Well, now as the year 2023 began on a positive note, a new hope has sparkled among investors and traders. However, the question – is this a...Read More
Two weeks into the year, and crypto markets are rebounding. The Bitcoin and Ether price are each up some 20% on the seven-day chart. But a recent study of altcoins aims to give crypto investors pause before they go trading the rally. When the market makes a move like this, crypto traders often shuffle. They...Read More
Glassnode released its first on-chain video report of 2023 on Tuesday, reviewing what could be data-based indicators of an emerging crypto bull market. The firm noted that both Bitcoin and Ether’s price and on-chain activity have seen little volatility since the year began – a period like others that have historically preceded “explosive market moves.”...Read More
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit on January 12th against digital asset management group Genesis and the cryptocurrency exchange Gemini, founded by the Winklevoss twins, for alleged violation of securities laws by selling unregistered securities. However, a surprising revelation came to light when former SEC Enforcement Chief, Lisa Braganza, alleged that...Read More
On November 13, the European Union Agency for Law Enforcement Cooperation (Europol) announced that it had successfully cracked down on a criminal network engaged in online scams through call centers. The network was spread all around Europe. According to Europol, the operation was carried out on January 11, 2023, following an investigation that began in...Read More
One of the most successful NBA teams – Miami Heat – finally annulled its partnership with the cryptocurrency exchange FTX. As a result, the home ground of the basketball giant will no longer be called FTX Arena. Cutting All Ties A federal bankruptcy judge officially canceled the collaboration between Miami-Dade County (the territorial division where the NBA...Read More
