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Drop in Bitcoin ‘Whale’ Addresses Suggests Market May Be Decentralizing

by manuelmoinard | Jul 14, 2020 | chart Analysis, Update

The number of whale addresses, or those holding a large number of bitcoins, has declined to a 14-month low.However, the drop isn’t necessarily a price-bearish development and may instead indicate the distribution of bitcoin ownership is shifting.As of Sunday, there...

Bitcoin Miners Hit Exchanges Dropping BTC Price

by manuelmoinard | Jun 25, 2020 | chart Analysis, Update

Bitcoin miners were recently seen to move their BTC away from storage wallets towards exchanges thus rendering the BTC price drop.Again, for the umpteenth time Bitcoin faced a rejection in mid $9,000s. But this time the statistics have come up with something...

In Banking First, ING Develops FATF-Friendly Protocol for Tracking Crypto Transfers

by manuelmoinard | Jun 24, 2020 | chart Analysis, Update

ING Bank, the Netherlands-based lender with a penchant for blockchain, has developed a protocol to assist with the Financial Action Task Force’s Travel Rule requirement for crypto exchanges and firms dealing in digital assets.The solution initiated by ING – currently...

Fidelity Says a Third of Big Institutions Own Crypto Assets

by manuelmoinard | Jun 15, 2020 | chart Analysis, Update

Firm surveyed nearly 800 institutions in U.S. and EuropeMore than 25% of the respondents hold Bitcoin, 11% own EtherAbout a third of large institutional investors own digital assets such as Bitcoin, according to a survey from Fidelity Investments.Across the U.S. and...

CoinMarketCap Metric Overhaul Keeps Owner Binance at the Top

by manuelmoinard | Jun 9, 2020 | chart Analysis, Update

The most popular cryptocurrency price aggregator site has rolled out a new way of ranking exchanges that keeps owner Binance at the top of the exchange table.CoinMarketCap came under fire last month after its new web traffic-based ranking system gave Binance –...

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