Japan Exchange Group warns against impostor crypto trading programs
Japanese investors should be wary of organizations that provide cryptocurrency trading under the Japan Exchange Group (JPX) brand name, logos, and URLs. The owner of the Tokyo Stock Exchange and the Osaka Exchange, Japan Exchange Group (JPX), has issued a warning to the public about organizations that are misleading Japanese investors by offering crypto assets […]
Bitcoin falls to $36.4K as Ukraine move sends Russian ruble close to 6-year lows vs. dollar
Analysts observe that gold has outperformed “digital gold (Bitcoin)” in the aftermath of geopolitical turmoil, with the XAU/USD crossing $1,900. The aftermath of Russia’s expected incursion into Ukraine triggered more market woes on Feb. 22. Bitcoin (BTC) fell to new lows. As Bitcoin falters, gold comes to the rescue BTC/USD hit $36,400 on Bitstamp overnight […]
Crypto trading company Amber valued at $3B after huge Singaporean investment
Amber Group just received a $200 million investment, resulting in a threefold increase in company value since last summer. Amber, a crypto financial service provider, has been valued at $3 billion following a funding round headed by Temasek Holdings, a Singaporean state-owned investment business. According to a Feb. 21 release, Amber Group was able to […]
New On-chain analysis indicates a bearish angle for Bitcoin
According to Glassnode, Bitcoin on-chain analysis shows that more short-term holders are losing money, and they are statistically more likely to sell. Glassnode, a blockchain analytics company, has painted a bleak picture for Bitcoin, claiming that on-chain analysis indicate that further selling pressure is on the way. Glassnode, an on-chain metrics provider, warned in its […]
Daily transaction volume on Cardano blockchain surges but the reverse is the case for ADA
The Cardano blockchain has seen a surge in on-chain activity, making it one of the most active networks by transaction volume. It currently trails only Bitcoin in 24-hour transaction volume while overtaking Ethereum. According to data from on-chain analytics firm Messari, Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume. According to Messari, Cardano […]