Bitcoin miners have amassed $600M worth of BTC since Feb
Despite the recent sell-off, Bitcoin miners are hesitant to sell their BTC as hashrate rises. According to on-chain analytics service Glassnode, Bitcoin miners are accumulating as the network hash rate continues to recover. According to glassnode’s Sept. 20 Week on Chain report, miner BTC balances are increasing, with wallets affiliated with miners stockpiling 14,000 BTC […]
Top Brazilian investment bank BTG Pactual launches platform for direct crypto investment
BTG Pactual’s new crypto trading platform will handle a wide range of altcoins after initially supporting only BTC and ETH. BTG Pactual, a leading Brazilian investment bank , has introduced a new platform that allows consumers to invest directly in cryptocurrencies. BTG Pactual’s Mynt platform presently allows customers to buy Bitcoin and Ether, with the […]
Talk of SEC subpoenas rises at New York crypto event as regulatory monitoring grows
An attendee tweeted Monday morning, amid the hustle and bustle of the Mainnet 2021 crypto conference in New York, that he had seen an event speaker getting “served by the SEC” before they were supposed to take the stage. The article sparked conjecture regarding the legitimacy of the story, the recipient of the supposed subpoena, […]
Bitcoin does not appear to be an inflation hedge at this time, According to Chainalysis
Many investors, despite the lack of a statistically significant association between inflation and Bitcoin values, continue to view the asset in this manner. According to data from the blockchain analytics firm Chainalysis , Bitcoin (BTC) may not be the inflation hedge that many people perceive it to be at this time. According to Chainalysis‘ head […]
BBA advocates for greater crypto regulatory clarity in Massachusetts
According to the Boston Blockchain Association (BBA), crypto regulatory advice guidelines have been prepared for consideration by legislators in Massachusetts. Efforts are being made by the Boston Blockchain Association , or BBA, in collaboration with Boston-based media house Media Shower and the Massachusetts Chamber of Digital Commerce to campaign for favorable cryptocurrency rules in the […]