What’s more, Bitcoin’s rolling volatility over 20 days has now fallen below that of the S&P 500 and the Nasdaq equity indices for the first time since 2018, according to data published by Kaiko on October 24. In particular, Bitcoin’s volatility often falls below that of the Nasdaq, which is comprised of riskier tech stocks and tends to have a stronger association with the cryptocurrency market. Notably, crypto trading analyst TechDev noted on Twitter the closest connection between BTC and Nasdaq weekly Bollinger Bands; he said: TechDev also expects an “upside break and strong Bitcoin outperformance soon....

Since December 30, Cardano has risen by over 30% as more crypto traders have become interested in its price action, particularly among large-scale investors, as 28 new addresses with 1 million ADA or more have registered on the network since the start of the rally, according to data from Santiment on January 9. The behavior analysis platform noted: Indeed, there have been 28 new shark and whale addresses holding 1 million or more ADA since the beginning of 2023, with the transaction count climbing....

Sources close to the matter indicate that Canadian provincial regulators, including Quebec’s Autorité des marchés financiers (AMF), have collaborated with counterparts from the United States since mid-June to unravel recent happenings at the lender, Financial Post reported on August 9. Notably, the investigation was launched immediately after Celsius halted customer withdrawals before filing for bankruptcy. According to the sources, AMF’s involvement in the investigation is due to Quebec’s largest pension manager, the Caisse de dépôt et placement du Québec (CPDQ), investment of $150 million into Celsius....

Speaking during an interview with CNBC on May 27, Pham stressed that most crypto projects lack customer disclosures, and investors end up buying believing they are ‘guaranteed to strike rich’. According to Pham, the Terra coins crash was a tragedy for the markets and a reality check for stakeholders involved, especially on the risky nature of some assets. Possible return of shadow banking The commissioner believes that the UST meltdown is a pointer for regulators to take action since the crash indicates a possible reemergence of shadow banking where financial activities are facilitated by unregulated intermediaries or under unregulated circumstances....

For the first six months (January – July) of 2022, the total decline of domestic shipments was 30.6% year-on-year (YoY), with overall smartphone shipments dropping by 23% to 152.9 million units, according to data shared by FICC investor and researcher CN Wire on Twitter. Furthermore, the July domestic 5G phone shipments numbered 14.7 million units, representing 73.7% of all shipments. Overall, the 5G shipments year-to-date (YTD) were 123.9 million units....

In this line, commodity strategist at Bloomberg Intelligence Mike McGlone has projected that Bitcoin is likely to experience ‘a warm spell’ and resume its rally and potentially outperform the financial markets, he said in a tweet on December 19. The strategist further noted that the ability for Bitcoin to rally will be influenced by the Federal Reserve pivoting from the aggressive monetary policy. Bitcoin’s trajectory to a digital collateral In his analysis, McGlone added that in 2023, the global economy would focus on a possible further decline, with Bitcoin likely rising to prominence and becoming a digital collateral....

Specifically, if historical patterns from 2016-2017 are any indicator, Ethereum could be in for one of the largest bull markets in the history of the crypto industry, according to a tweet published by the pseudonymous crypto analyst Moustache on October 11. Comparing the ETH price action from that period to the period between 2021 and 2022, the analyst noted in his technical analysis that the “pattern from ‘16-’17 repeats almost identically,” which, according to him, means that:...

Although XRP’s performance has been flat, significant investors continue to purchase the asset. Indeed, 100 million XRP worth just over $76 million was sent from Crypto.com exchange to an unmarked wallet, according to transaction data from WhaleAlert. It’s also particularly noteworthy that according to statistics from WhaleStatsBSC, as of March 16, Ripple is one of the most often utilized smart contracts by 1,000 of the largest Binance Smart Chain (BSC) whales during the previous 24 hours....

Bitcoin (BTC) has recovered from a monthly low this week, hitting above $32,000 on Thursday, July 22nd, after breaking the crucial $29k support level on Tuesday. Bitcoin’s market cap reached $600 billion Thursday and now reflects a market dominance of about 46%, according to the most recent Coinmarketcap statistics. While with a 4.42% rise in the previous 24 hours, Ethereum (ETH) remains the best performing digital currency among the top ten....

In particular, the wider cryptocurrency market added over $50 billion to its capitalization climbing from $921 billion on September 26 to $974 billion on September 27, according to data retrieved by Finbold from CoinMarketCap. Bitcoin breaks above $20,000 resistance level The climb represents a 5.48% increase over the last day with the total crypto market volume over the last 24 hours being $85.68 billion, making a 47.30% increase. Elsewhere the flagship digital asset is trading at $23,216, up 7....

Indeed, the total cryptocurrency market capitalization has sunk from $2.2 trillion – where it stood at the year’s turn – to well below even the $1 trillion mark, CoinMarketCap data retrieved on June 30 has shown. Specifically, the value of the global crypto market cap on January 1, 2022, was $2.188 trillion, but since that date, it has lost more than 60% of its value or over $1.3 billion, dropping to $860 billion, where it stood at press time....

Notably, the sector is witnessing capital inflow that has hit a new monthly high led by high market cap cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). As of August 8, the global crypto market capitalization surged to a 1-month high of $1.13 trillion, adding about $18 billion from the $0.95 trillion recorded on July 8, according to CoinMarketCap data. Bitcoin and Ethereum lead crypto market in gains Overall major cryptocurrencies turned green after appearing to falter at the start of August....

Total market capitalization for all cryptocurrencies slid to a weekend low of $254 billion on Sunday. A slight recovery during the Asian trading session on Monday has lifted them slightly but the overall sentiment is still generally bearish. Markets are at their lowest level for a month as Bitcoin failed to break resistance yet again and fell back to $8,850 on Sunday. It is BTC’s lowest level since late May when it slid into the $8k range....

According to Schiff, although Bitcoin has managed to rally slightly after crashing to around $18,000, a section of the market believes the price movement is part of recovery, but he termed it as ‘a false sense of security’ during an interview with Natalie Brunell on October 4. Furthermore, the economist stressed that Bitcoin is in line for a drop to zero, noting that investors should treat it as a false hope despite the consolidation....

Around $4 billion has been added to cryptocurrency total market capitalization this weekend as the figure reached $274 billion. In general, however, markets are still range bound and have not been able to break out of their sideways channel for the past couple of months. A dip on Sunday threatened to send prices lower, but things had recovered by the Monday morning Asian trading session. Bitcoin has been largely inactive, but did manage to tap $9,300 once again on Sunday according to Tradingview....

In the petition filed before a court in Wyoming, Custodia Bank alleges that the Kansas City Fed expressed a lack of respect, having denied the lender’s approval for a master account, CoinDesk reported on October 13. According to Custodia Bank, it has waited about 19 months to receive feedback on the master accounts, but no response has been provided. Notably, master accounts would enable Custodia to deposit funds with the Fed and be connected directly to the global financial system....

As it happens, the daily issuance of Ethereum has dropped a whopping 97% after the Merge, significantly cutting the net daily ETH emissions of over 12,000 ETH per day, as tweeted by the cryptocurrency analytics platform Delphi Digital on October 12. Along with the drastic cut in daily Ethereum issuance, so have its carbon emissions decreased, justifying the position of the second largest asset by market capitalization as the leading green cryptocurrency project....

On Monday, January 24, 2022, ETFs recorded a daily record high, with traded shares standing at $480 billion, almost four times higher than the average figure, data provided by Bloomberg’s senior ETF analyst Eric Balchunas. Elsewhere, between Friday and Monday, ETFs cumulatively traded shares worth $850 billion, led by 99 products that also attained an all-time high. Worth mentioning is that ETF trading volumes last peaked in March 2020, a period when the stock market plunged in reaction to the economic impact of the coronavirus pandemic....

Notably, Kwon is at the center of allegations of engineering the Terra ecosystem crash that resulted in significant losses alongside contributing to the ongoing crypto bear market. According to Buterin, if governments attempting to establish crypto hubs become too friendly to the sector, they can accidentally attract players with bad intentions for the industry, he said in an interview with Strait Times on November 20. Notably, Buterin cited the case of Singapore, where Kwon resided before becoming a fugitive in the wake of Terra’s collapse....

The social media app is a favorite of President Donald Trump supporters, and it is removed from popular platforms after the Capitol incident. Google shares tumbled since it announced to remove the Parler app from its Play Store, saying the app fails to manage “egregious content.” Shares of Google plunged more than 2.24% on Monday as traders and market analysts are divided over whether the social media giants’ move is a necessary or draconian action....