Large institutions sold $5.5B in BTC since May — and we’re still here
Massive sell-offs from institutions appear to have been the driving force behind the drop in Bitcoin price since May, according to an analyst from Arcane Research.
Massive sell-offs from institutions appear to have been the driving force behind the drop in Bitcoin price since May, according to an analyst from Arcane Research.
Epic Games CEO Tim Sweeney has said that the firm will not ban NFTs, as devs “should be free to decide how to build their games.”
“All the Ethereum killers from back in the day didn’t succeed, and I don’t expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph.
The ETH price stalls following a week of gains, leading analysts to call for a pullback in the short term followed by a rally into September when the mainnet Merge is predicted to occur.
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country.
Cointelegraph sat down with Next Earth’s David Taylor and ActiveFence’s Tomer Poran to discuss how crime will impact the metaverse.
According to Kladko, a combination of naive investor protection mechanisms and lack of market regulation led to the recent DeFi “supercrash.”
CFTC Commissioner Caroline Pham took issue with the SEC labeling certain crypto assets as securities in an example of “regulation by enforcement.”
Billionaire CEO of the FTX exchange Sam Bankman-Fried sees a stable crypto market and wider FTX product range ahead pending regulation and a recovering world economy.
BTC bulls aim to secure a $235 million profit from Friday’s BTC options expiry, but a downside move below $22,000 could nix this plan.