Bitcoin Financial News

Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union.

Bankrupt crypto lender Voyager may repay customers 72% of their accounts' value if the company can sell itself to digital-asset exchange FTX US.

South Africa has become the latest country to bring cryptocurrency into the financial assets segment.

European digital bank N26 announced Thursday it is launching a crypto trading service, starting with Austria as the first market for the product.

Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.

Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed.

Electric vehicle manufacturer Tesla has made no further changes to its remaining stash of Bitcoin (BTC) in the third quarter of 2022, despite nearly a $1 billion sell-off in the previous quarter.

On October 20, the Bitcoin price is trading slightly higher after recovering from the $18,990 double-bottom support level. In contrast, Ethereum fell nearly 1% to $1,293 during the early Asian session.

Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin's (BTC's) relative discount to its high hash rate in October — the largest since the first quarter of 2020 — could soon see Bitcoin return to "its propensity to outperform most assets."

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Crypto market went higher on Tuesday despite the cautious approach from investors over riskier assets. However, a number of analysts are counting the sessions when this surge will come to an end. Barring the US dollar-pegged stablecoins, all other crypto tokens were trading higher on Tuesday. Polygon zoomed 7%, whereas Uniswap rose over 4%. Solana and Ethereum also added up to 3%. The global cryptocurrency market cap was trading higher at $933.59 billion, rising up by almost 2 per cent in the last 24 hours. However, the total trading volume jumped as much as 31% to $50.53 billion. Expert Take Edul Patel, CEO and co-founder of Mudrex said that most cryptocurrencies started the week in thegreen after the market bounced back. It seems like Bitcoin has fixed above the $19,000 level, which indicates the rise of buyers in the market, he said.

The lack of a decisive catalyst and the strength in the United States Dollar Index (DXY) has kept the recovery of risky assets under check. Bitcoin (BTC) remains stuck inside a tight range, searching for that elusive breakout. The longer the time Bitcoin spends inside the range, the greater will be the eventual breakout from it.

Still trading at the $19,000 price range, new data from Santiment revealed a gripping whale action for the king coin Bitcoin [BTC]. According to the blockchain analytics platform, the count of BTC addresses holding between 10 to 100 BTC and addresses that hold 10,000 to 100,000 BTC clinched their highest number of respective addresses since February 2021.

Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.

Reducing the amount of hacking by improving cybersecurity should be considered a top priority for the crypto industry, said Kim Grauer, director of research of blockchain intelligence firm Chainalysis. 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by the respondents, 3.3%, or approximately $10.42 billion, is invested in cryptocurrencies. Some surveyed investors reported over 50% exposure to digital assets, but respondents’ median percentage invested in cryptocurrencies stands at about 3%.

How it started versus how it’s going is the scenario that comes to play for Bitcoin [BTC] mining activities at present, which continue to see new developments. From criticism and censures against HIGH carbon footprint to a significant move towards a sustainable mining operations — BTC mining has come a long way.

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Bitcoin (BTC) sagged with United States equities at the Oct. 19 Wall Street open as markets awaited tech earnings.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.