Bitcoin Dominance Approaches 60%
The percentage of Bitcoin’s market value compared to the overall cryptocurrency market, known as Bitcoin dominance, has reached a new yearly high of 58% amidst a decline in both crypto and stock markets.
Ethereum Addresses Creation Falls to Lowest Level in 2024
The current number of newly created Ethereum wallet addresses has reached its lowest point this year, likely due to the introduction of spot Ether exchange-traded funds (ETFs) on the US stock market. Data from The Block shows that the seven-day moving average of new Ethereum wallets is currently at its lowest level since December 2020, although it is still higher […]
Xapo Bank Starts Offering Interest-Bearing Bitcoin Accounts in UK
Xapo Bank has become the first UK bank to offer interest-bearing accounts for both Bitcoin and fiat currencies.
Morgan Stanley Will Allow Clients to Access Bitcoin ETFS
Morgan Stanley has informed its financial advisors that select clients will soon be able to access spot bitcoin exchange-traded funds (ETFs).
France’s Regulator Starts Accepting Crypto Asset Service Providers Applications
The AMF, France’s financial markets regulator, is now accepting applications for crypto asset service providers (CASPs), six months before the implementation of Markets in Crypto-Assets (MiCA) regulations.
Futu Securities International Starts Offering Crypto Trading Services in Hong Kong
Futu Securities International, a prominent online brokerage based in Hong Kong, has recently launched cryptocurrency trading services for its retail clients.
MicroStrategy Reveals its Bitcoin Reserves Have Risen to 226,500
In the second quarter of this year, MicroStrategy reported a net loss of $102.6 million or $5.74 per share.
