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Indonesia’s Islam Council Bans Muslims From Trading Bitcoin, Deems Crypto As “Haram”

Indonesia’s council of Islam religious leaders has called on Muslims in the country to desist from engaging in crypto-related transactions, terming it as “haram”. According to a Thursday report by Bloomberg, Asronun Niam Sholeh, chair of religious decrees at the National Ulema Council (MUI) decried cryptocurrencies, terming them as “uncertain, wagering and harmful” pitting them against […] дальше »

2021-11-11 16:54


Bitcoin Supply Looks Illiquid As Long-Term Holders Keep From Selling

Data shows Bitcoin supply has been relatively illiquid recently as long-term holders haven’t started realizing profits much. Bitcoin Supply Last Moved Within 30 Days Has Been Relatively Low As per the latest weekly report from Arcane Research, despite a rise in BTC’s price recently, the supply moved within the last 30 days hasn’t risen much. дальше »

2021-11-11 22:00


Why Are Bitcoin Spot Volumes Shockingly Low While Price Soars?

Despite the price of Bitcoin soaring and making a new all-time high, the crypto’s spot trading volume remains shockingly low. Bitcoin Trading Volume Is Unusually Slow As per the latest weekly report from Arcane Research, while the price of BTC shows strong momentum up, the trading volume has been unusually low. The “daily spot trading […] дальше »

2021-11-11 22:00


Bitcoin Sentiment Suggests Serious Greed, But Will A Correction Come?

As Bitcoin made a new all-time high above $68k, the crypto market sentiment changed to extreme greed. Periods of such sentiment have lead to corrections in the past, but will the trend be similar this time? Bitcoin Fear And Greed Index Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index is now pointing at extreme greed as BTC makes a new ATH. дальше »

2021-11-10 22:00


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Zimbabwe Mulls Making Crypto Legal Tender

The government of Zimbabwe is nursing serious plans to make bitcoin (BTC) a legal tender. Per a report on November 7, 2021, by local news publication, Bulawayo 24 News, Zimbabwean authorities are now in talks with various stakeholders to find out the potential benefits of cryptocurrencies to the nation’s economy. Zimbabwe Eyes Bitcoin Adoption AsRead More дальше »

2021-11-9 22:00


Institutions Exploring Yield Opportunities Across Layer 1s With “Greater Borrowing Appetite” for ETH – Genesis Q3 Report

Crypto lender Genesis reported a record $35. 7 billion in loan organizations for the quarter third of 2021, up 40% from the previous quarter and a growth of 586% year-over-year. In its Q3 report, the company noted the continuous institutionalization of Bitcoin has made it less attractive to more opportunistic traders. дальше »

2021-11-5 16:55


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U.S. SEC Reportedly Reviewing Grayscale’s Application to Convert GBTC into a Bitcoin ETF

The U.S. Security and Exchange Commission (SEC) is reportedly reviewing Grayscale’s application to convert their GBTC product into a Bitcoin ETF. SEC Looking at Grayscale’s Application to Convert the GBTC into a Bitcoin ETF The Block report on November 4, 2021, cites the SEC notice published on November 2, which requested comments following NYSE Arca’sRead More дальше »

2021-11-5 07:00


India’s Payment Giant Paytm May Add Bitcoin If Government Legalizes Crypto

The largest digital payments company in India, Paytm, would consider adding Bitcoin trading to its offerings if the government clears regulatory confusion regarding crypto. Paytm Will Consider Offering Bitcoin Trading If The Indian Government Legalizes Crypto As per a report from Bloomberg, Paytm has expressed interest in adding Bitcoin trading to the platform. However, the […] дальше »

2021-11-5 22:00


Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs

The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […] дальше »

2021-11-3 21:00