Latest data shows Bitcoin (BTC) exchange inflows are at lowest levels not seen in nearly a decade.Figures from on-chain analytics platform CryptoQuant show that daily BTC inflows have decreased significantly since Bitcoin’s all-time high of $73,800.Bitcoin exchange inflow channel 2014 levelBitcoin traders are not in the mood to store their coins so they can quickly sell them on exchanges.According to CryptoQuant, April and May 2024 saw the lowest daily inflows to major exchange accounts in the past decade.On April 20th, when BTC/USD was roughly at the same level as of this writing, only 8,400 BTC flowed into exchanges.The last time…
Author: Crypto Flexs
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Bitwise executives claim Coinbase is benefiting from hostile U.S. cryptocurrency regulation. Cryptocurrency startups will decline, executives predict. coinbase The cryptocurrency industry is said to be a major beneficiary of America’s aggressive enforcement actions. Robinhood Crypto is the latest company to receive a Wells Notice from the U.S. Securities and Exchange Commission (SEC). Recently, MetaMask and Uniswap also received Wells notices, indicating the SEC’s intention to take enforcement action against the companies. Chairman of CFTC (Commodity Futures Trading Commission) warned This trend is expected to strengthen over the “next 6 to 24 months.” Interestingly, according to Bitwise CIO Matt Hougan, Coinbase…
How do I know if I have a Bitcoin wallet? I received a call from a company that said I had a wallet, but that I had not purchased any Bitcoin.
Milan, Italy, May 7, 2024, Chainwire Cryptocurrency casino platform TG.Casino and iconic Italian soccer team AC Milan announced a new partnership this week. Announcement of TG.Casino In a May 6 tweet, X’s @TGCasino_ account Posted: TG Casino is proud to officially announce our new partnership with AC Milan as our European iGaming Partner. Players at TG Casino will soon be able to win AC Milan experiences and merchandise with money they can’t buy!’ The acmilan.com website posted a press release the same day. ‘AC Milan and TG.Casino are delighted to announce a new partnership that will see the online casino…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportThe boos from the 60,000 Ohio State University graduates and their guests grew louder, and graduate and commencement speaker Chris Pan explained: “I see Bitcoin as a very misunderstood asset class.”Throughout history, Ohio State University’s commencement speeches have been given by celebrities including former President Barack Obama, former U.S. Chief Medical Advisor Anthony Fauci, and astronaut Neil Armstrong.Receiving this year’s honor was Pan, a 1999 OSU graduate who went on…
Securities and Exchange Commission (SEC) Chairman Gary Gensler said investors are missing out on important cryptocurrency disclosures after the agency served notices to several cryptocurrency companies that it plans to take enforcement action. Gensler was asked on CNBC’s Squawk Box Tuesday morning about the agency’s recent move to file a Wells notice against Robinhood Crypto, the cryptocurrency arm of brokerage firm Robinhood Markets. that much exchange On Monday, SEC officials said they had made their decision.o Recommend enforcement action against cryptocurrency units alleging securities violations.Gensler said he could not speak to either company. “Taking a step back and not biasing…
The architecture community aims to improve interoperability between wCBDC and tokenized assets. Here, wCBDC acts as a digital bridge that facilitates seamless interbank settlements for tokenized assets. Hong Kong is taking bold steps towards a digital asset-centric future. The Hong Kong Monetary Authority (HKMA), the region’s central bank, announced the formation of the ‘Project Ensemble Architecture Community’ on Tuesday. This industry-wide working group represents significant progress in developing standards for the Hong Kong tokenization market, with a focus on wholesale central bank digital currency (wCBDC) integration. The community brings together key players in the financial sector, including the HKMA, the…
Revolut has launched Revolut X, a new cryptocurrency exchange platform for professional traders. The exchange will initially only be available to UK users. Revolut’s new cryptocurrency trading platform, Revolut X, is now live, the fintech company announced on Tuesday. Revolut Revolut X has been released to UK users. Aimed at professional traders, Revolut X is designed to be the most accessible cryptocurrency exchange for UK users, with no instant on/off ramps and no fees. Leonid Bashlykov, head of cryptocurrency exchange products at Revolut, said: “We know that easy switching on and off, as well as competitive fees, are at the…
The Australian Tax Office is reportedly seeking personal data and transaction details from up to 1.2 million cryptocurrency exchange users in a bid to crack down on cryptocurrency tax obligations.The Australian Taxation Office (ATO) said the data will help identify traders who have failed to pay taxes on cryptocurrency transactions, according to a notice seen by Reuters last month.ATO collects personal data including your date of birth, social media accounts, and phone number, as well as transaction-related details such as wallet address, coin transaction type, and bank account information.For Australian regulators, cryptocurrencies are taxable assets, unlike other foreign currencies. This…
When Johnny Depp refused to reprise his role as the sexiest pirate on the seas, we’re told Disney was looking for The Rock to replace him. Look, I’m no BuzzFeed sensationalist, but The Rock playing Johnny Depp seems just as obvious as Danny Davito playing Ken. Although I rate Dwayne. He’s a solid dude. Anyway, the topic of pirates and people who play pirates has been decided by Skulls in Pirate Multi Coins slot. I think that will solve the problem. If it’s not Depp, someone’s dead. It works for me. Would it be helpful to now play for a…