In November, Bitcoin recorded the largest outflows from exchanges in its history, with net outflows of 91,557 BTC.
Since FTX, centralised exchanges have witnessed a string of outflows as market participants look to safeguard their funds — link
Since FTX, centralised exchanges have witnessed a string of outflows as market participants look to safeguard their funds — link
UK extends crypto tax break for investment managers in financial reforms — link
Bybit introduces new KYC requirements for P2P trading, fiat deposits and NFT trades — link
Bernstein says saving Grayscale will come at a cost for Digital Currency Group — link
👍1
Amber Group owes troubled crypto lender Vauld’s CEO $130 million — link
Volumes have fallen further in the last week as trading activity remains low. Daily trading volumes in BTC spot markets, when excluding Binance, sits 65% below the yearly average.
On November 29, the 7-day average real spot volume in BTC (excluding Binance) reached $510m, lows not seen since October 2020 — link
On November 29, the 7-day average real spot volume in BTC (excluding Binance) reached $510m, lows not seen since October 2020 — link
👍1
Sam Bankman-Fried’s Alameda Research secretly funded crypto media site The Block — link
👍3
Grayscale says SEC filed first legal brief in ongoing bitcoin futures ETF lawsuit — link
🔥4
DOJ officials have discussed possible plea deals with Binance attorneys in money laundering case - sources
Digital asset investment products saw minor inflows totalling $8.8m, while trading volumes reached a new 2-year low of $677m for the week — link
Bermuda Digital Bank Jewel issues ‘fully-backed’ stablecoin on Polygon network — link