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North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports – Bitcoin News

October 26, 2023

North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance (defi) usage has declined as well. Institutional Crypto Activity Plays Bigger Role in North America…

Israeli Crypto-Based Aid Organization Says Nearly $200,000 Raised for October 7 Terror Victims – Featured Bitcoin News

October 26, 2023

Nearly $200,000 has been raised by a non-profit organization launched by members of Israel’s Web3 community. More than 30 Web3 companies have since joined the campaign while the accounting firm KPMG is said to be assisting with fundraising and distribution. Web3 Companies…

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains, as Traders Anticipate Powell Speech – Market Updates Bitcoin News

October 26, 2023

Bitcoin profit takers swooped in to capture recent profits on Wednesday, as the cryptocurrency retreated below a recent high above $35,000. The decline comes ahead of Federal Reserve Chair Jerome Powell’s speech later today. Ethereum also edged lower, dropping under the…

Ripple Joins Forces With Uphold to Improve Cross-Border Crypto Payments Liquidity – Finance Bitcoin News

October 25, 2023

Ripple has partnered with Uphold to improve its cross-border crypto payments infrastructure. Uphold will provide Ripple with “enhanced crypto liquidity capabilities.” Ripple offers services in over 55 countries, with payout capabilities in more than 70 markets, the company said, adding that it has processed $30 billion worth of volume and 20 million transactions. Ripple Partners With…

Report: Operators of Central African Republic-Based Crypto Investment Firm Disappear With $1.6 Million – Africa Bitcoin News

October 25, 2023

According to reports, the operators of a Central African Republic (CAR) crypto company which promised a high return on money invested have disappeared along with $1.6 million in investor funds. High-profile personalities including lawmakers and senior government employees…

Lightning Network Developer States Disclosed Vulnerability Is Not an 'Intentional Backdoor,' Calls for Responsible Journalism – Bitcoin News

October 25, 2023

Antoine Riard, a security researcher and developer who exposed a vulnerability in the Lightning Network, Bitcoin’s scaling layer, has clarified this vulnerability is not an “intentional backdoor,” addressing statements made on social media. Riard stressed the problem…

Nigerian Bank Reportedly Freezes Accounts Belonging to 500 USDT Traders – Africa Bitcoin News

October 25, 2023

A Nigerian bank has reportedly blocked bank accounts belonging to some 500 digital asset traders. The affected accounts are said to have received a portion of the more than $10 million that was stolen from Access Bank by hackers between May and June this year. A prominent Nigerian crypto enthusiast and educator has described the alleged freezing of crypto traders’ bank accounts as “a disgrace…

Binance Executives in UK and France Leave Crypto Exchange – Exchanges Bitcoin News

October 25, 2023

Another two executive departures, in the United Kingdom and France, have extended a string of managerial exits at Binance this year. They come as the leading cryptocurrency exchange faces continued regulatory pressure in a number of jurisdictions in Europe and…

Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July – Bitcoin News

October 25, 2023

2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The…

Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies – Market Updates Bitcoin News

October 25, 2023

Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose, climbing above $1,800. Bitcoin Bitcoin bulls pushed the cryptocurrency over the $35,000 level on Tuesday, as momentum over a…