Digital asset investment products recorded $2 billion in outflows last week, marking the heaviest weekly withdrawals since February, according to industry data. The outflows extended a three-week decline to $3.2 billion, driven by monetary policy uncertainty and selling pressure from…
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Bitcoin price bounced from a six-month low: what comes next? [btcmanager]
Bitcoin price bounced after a six-month low, but weak liquidity and ongoing liquidations keep the market unsure about near-term direction. Bitcoin hit a six-month low over the weekend as liquidity thinned across global markets. Bitcoin dropped to the 92,970 range…
Canada’s crypto loophole enables money laundering [btcmanager]
Unregistered Crypto Firms in Canada Facilitate Money Laundering, Investigation Finds Unregistered cryptocurrency exchange companies across Canada are facilitating large cash-for-crypto transactions without identity verification, while international platforms offer to deliver up to $1 million in untraceable cash, according to a…
Canada’s crypto loophole enables money laundering [btcmanager]
Unregistered Crypto Firms in Canada Facilitate Money Laundering, Investigation Finds Unregistered cryptocurrency exchange companies across Canada are facilitating large cash-for-crypto transactions without identity verification, while international platforms offer to deliver up to $1 million in untraceable cash, according to a…
Unregistered crypto-cash networks in Canada allowing easy money laundering [btcmanager]
Unregistered crypto-cash services across Canada enabled high-value transactions with no identity checks, creating easy pathways for money laundering. Unregistered crypto-cash services across Canada are allowing people to convert large amounts of money with almost no identity checks. A report by…
Most institutional investors unaware of Bitcoin Core-Knots software debate [btcmanager]
Institutional investors largely unaware of Bitcoin Core-Knots debate, Galaxy Digital survey finds Most institutional investors in the Bitcoin (BTC) sector remain either uninformed or indifferent to the ongoing debate between Bitcoin Core and Bitcoin Knots, according to a survey conducted…
Chainlink price forms bearish setup as it nears multi-year support, crash incoming? [btcmanager]
Chainlink price has formed multiple bearish patterns that suggest its ongoing downtrend could extend over the coming weeks. According to data from crypto.news, Chainlink (LINK) hit a yearly high of $27.70 in August this year. It has since dropped by…
Chainlink price forms bearish setup as it nears multi-year support, crash incoming? [btcmanager]
Chainlink price has formed multiple bearish patterns that suggest its ongoing downtrend could extend over the coming weeks. According to data from crypto.news, Chainlink (LINK) hit a yearly high of $27.70 in August this year. It has since dropped by…
Stablecoins could force ECB to rethink monetary policy, key official warns [btcmanager]
Stablecoins could pose a risk to financial stability and inflation in Europe that could compel the European Central Bank to reconsider its monetary policy, according to Dutch central bank governor Olaf Sleijpen. During a recent interview with the Financial Times,…
Crypto fear and greed index returns to 2022 lows as prices tumble [btcmanager]
Crypto fear and greed index dropped back to 2022 lows as Bitcoin’s price tumbled and liquidation pressure increased across major assets. On Nov. 17, Bitcoin touched $93,000 while the Crypto Fear & Greed Index fell to 9, its lowest reading…