Russians within European Union banned from using BitMEX
BitMEX cryptocurrency exchange in an attempt to strengthen compliance with the European union’s sanctions against Russia is restricting its services to Russian users. Cointelegraph has discovered that BitMEX is altering its policy regarding prohibited jurisdictions in order to comply with the different restrictive restrictions adopted by the European Union. On Monday, the BitMEX cryptocurrency exchange […]
eToro cancels $10B SPAC merger with FinTech V
The supposed $10B merger between eToro and FinTech V will no longer see the light of the day as the process has been canceled. FinTech Acquisition Corp. V, a special purpose acquisition company (SPAC), reported on Tuesday that it had reached a bilateral agreement to end its planned takeover of Israeli cryptocurrency exchange eToro. Fintech […]
Core Scientific Sells 7,202 BTC From Its Bitcoin Holdings
The world’s largest public Bitcoin miner Coin Scientific Sells 7,202 BTC which is approximately 79% of Its Bitcoin holdings Core Scientific sold 7,202 BTC in June Core Scientific, the largest publicly traded mining corporation, released its first-half 2022 results. Particularly noteworthy was the fact that the miner sold 7,202 BTC in June for an average […]
Celsius (CEL) Lowers Liquidation Risks
Following the recent debt settlements by Celsius, the crypto lender might not face liquidation, even as investors are optimistic about withdrawals soon. Celsius’s risks of being liquidated have decreased as the firm actively repays its outstanding debt. Since July 1, Celsius has paid off over $142 million of the loan, lowering the wBTC liquidation price […]
Bitcoin “tourists” have been exterminated, leaving just hodlers: Glassnode
According to blockchain analytics company Glassnode, so-called “market tourists” are quitting Bitcoin (BTC), leaving only long-term investors keeping and using the leading cryptocurrency. The number of wallets holding at least some of the assets continues to increase, while the number of active addresses, entities, and transactions on the Bitcoin network are all heading downwards. According […]