Considering that network activity is an important indicator of the overall health of the bitcoin market, Glassnode’s analysis showed that the overall activity in bitcoin has reduced significantly, indicating an end in bitcoin tourism.
Author: joyabia
joyabia
Joy Abia contributed to Blockchain Journal during 2022, covering topics related to finance, digital assets, and the intersection between traditional financial systems and emerging fintech models. Her reporting focused on explaining financial concepts, market structures, and investment-related developments within the broader crypto and blockchain landscape.
Coinshares proudly announces the full acquisition of Napoleon Asset Management, the first-ever digital asset management firm licensed by the Alternative Investment Fund Managers (AIFM) directive.
The cryptocurrency lending platform, Vauld, opens up about its ongoing financial issues caused as a result of the recent crypto market scandal and a couple of internal happenings. The firm has suspended withdrawals as a result of this.
According to a Deutsche Bank research, Bitcoin might reach as high as $28,000 by the end of the year given how closely it has been trading with US markets.
The Reserve Bank of India released a report addressing the current financial situation in the world. The RBI Governor stated his opinion on cryptocurrency and why the people of India should stay away from it.
Ronin Network, after months of being shut down, announced earlier today that the system upgrade is complete and will be launched today. A new version of the Ronin mobile wallet will be released too, and users will be refunded.
Sam Bankman-Fried, CEO of FTX exchange has responded to rumors about his firm’s acquisition of Robinhood Markets saying that they have no plans to take over the firm.
Goldman Sachs plans to raise $2 billion from investors to buy distressed assets from ‘soon-to-be-declared’ bankrupt crypto lending firm Celsius.
The blank check provider Goldenstone Acquisition and the blockchain-based payments company Roxe Holding have agreed to merge, according to Roxe Holding on Tuesday. The combined enterprise deal is expected to be worth $3.6 billion.
Still on the topic of digital asset regulation, more federal regulators, including the Commodity Futures Trading Commission (CFTC), are adding resources to help police fraud in the digital asset space.