Crypto

Source: Coin Tegraph 10x Research’s Markus Thielen says the demand for Bitcoin as a long-term asset could be “significantly smaller than the media portrays.” Read Full Article

Source: Coin Tegraph The mining rig maker Bgin Blockchain has filed to go public in the US in an offering that’s expected to raise around $50 million. Read Full Article

Source: Coin Tegraph OKX Ventures’ founder Jeff Ren told Cointelegraph that fund-worthy crypto startups are ones that combine solid tech with an ability to adjust as the market evolves. Read Full Article

Source: Bitcoinist The price of BTC could be stuck in consolidation for longer than initially anticipated, as the latest on-chain data shows that the Bitcoin Coinbase Premium Index has dropped back beneath zero. What does this dwindling metric signal for the premier cryptocurrency? Is The Bitcoin Price At Risk Of Downward Movement? In a recent…

Source: Coin Tegraph Blockchain analytics firm Lookonchain reports Bybit bought $742 million worth of Ether using two wallet addresses between Feb. 22 and 23. Read Full Article

Source: Coin Tegraph Onchain sleuth ZachXBT and Nick Bax, a member of a white hat hacker group, both allege that eXch was used by the Lazarus Group to launder $35 million from the Bybit hack. Read Full Article

Source: Bitcoinist As the global bitcoin markets pick up steam again, Hong Kong and Singapore, two of Asia’s financial giants, are vying to become the top cryptocurrency destinations. Both cities are exploring regulatory changes and investment-friendly rules in an effort to attract digital asset firms and position themselves at the forefront of the industry’s growth….

Source: Bitcoinist The US-based spot Bitcoin ETFs (exchange-traded funds) recorded their second consecutive week of significant outflows over the last five-day trading period. This recent run of disappointing performances reflects the ongoing shift in investor sentiment in the United States. Over the past year, strong inflows into the US Bitcoin ETF market have constantly been…

Source: Coin Tegraph Montana’s House of Representatives voted 41-59 against a bill that could have seen the US state establish a Bitcoin reserve. Read Full Article

Source: Bitcoinist The meteoric rise of Bitcoin and other cryptocurrencies has fascinated the financial world and beyond. However, as cryptocurrencies have grown in popularity, concerns have also been raised about their impact on the environment. The energy-intensive process of Bitcoin mining has raised concerns about its impact on carbon emissions and environmental degradation. In this…