Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum…
KYC, Bitcoin, and the failed hopes of AML policies: Tracking funds on-chain
The cornerstone of the modern approach to money laundering is to prevent illicit funds from entering the financial system. The rationale is understandable: if criminals won’t be able to use…
Bitcoin Could See “More Pullback Than We Think,” Quant Says
A quant has explained that Bitcoin could end up seeing an extended drawdown if the past pattern in the Open Interest ends up repeating. Bitcoin Open Interest Has Shown Similar…
Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin…
MicroStrategy's Saylor Offered to Buy Out Shareholders Before Buying Bitcoin
Michael Saylor faced obstacles before he successfully added Bitcoin to MicroStrategy’s balance sheet in 2020. Speaking at the 2024 Abundance360 Summit this week, Saylor revealed how he offered to buy…
Tornado Cash Founder Charged For Allegedly Aiding $1.2 Billion In Laundered Funds
In a trial set to commence on March 26 in the Dutch city of Hertogenbosch, Alexey Pertsev, the prominent developer behind Tornado Cash, finds himself at the center of a…
Bitcoin Technical Analysis: Bearish Signals Amid Market Turbulence Put Traders on High Alert
Bitcoin, with its intraday low and high at $60,760 and $66,382 respectively, and currently trading above the $63,500 mark, showcases its durability and unpredictability. The price movements of bitcoin persist…
Michael Saylor's MicroStrategy Acquired an Additional 9,245 BTC
MicroStrategy has continued expanding its bitcoin holdings, announcing the purchase of approximately 9,245 bitcoins for around $623 million in cash today. According to the company’s new press release, it acquired the…
Top Trader Provides Expert Analysis
There has been a decline in Bitcoin that few predicted. An expert trader at Binance clarifies this tendency, arguing that it has to do with how the market behaves. As…
Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions
A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee…