Bhushan Akolkar

Blog Info Coingape
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Stats Has written 687 posts about cryptocurrency

Sep 28 2021

Bitcoin (BTC) Exchange Supply Drops to a 28-Month Low But Market Turbulence Continues

Sep 28 2021 Published at Coingape under tags  bitcoin news bitcoin whales btcbrl btcbusd btc.d

The month of September 2021 has been full of turbulence and volatility for Bitcoin investors. The Bitcoin (BTC) price has been on a continuous downward trend and has corrected more than 15% since the beginning of this month. The Bitcoin on-chain fundamentals continue to show strength. On-chain data provider Santiment reports that Bitcoin supply at The post Bitcoin (BTC) Exchange Supply Drops to...

Unregulated Crypto Players Have A Stern Warning from SEC Chair Gary Gensler

Sep 28 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

SEC Chairman Gary Gensler is certainly not having a good time with the recent boom in the crypto space. The SEC chief issued yet another stern warning to crypto exchanges and firms staying out of the regulatory purview. Thus, he hinted that crypto firms are more likely to succeed if they submit to regulatory rules The post Unregulated Crypto Players Have A Stern...

Sep 27 2021

Bitcoin (BTC) Lightning Network Capacity Tops 2,900 BTC, Twitter Can Boost Further

While Bitcoin (BTC) has remained volatile for most of September 2021, the developments taking place with the Bitcoin Lightning network are going strong. As we know, the Bitcoin Lightning Network is a "layer 2" payments protocol designed atop the Bitcoin blockchain network. There's an exponential growth in the Bitcoin Lightning Network capacity which has now The post Bitcoin (BTC) Lightning Network Capacity Tops...

Bitcoin (BTC) Whales Care A Little About China’s Crypto Ban, Accumulation Increases

Last Friday, September 24, China intensified its crackdown on crypto making all crypto-related transactions illegal in the country. The investors' reaction was obvious as the crypto market plunged immediately following the news. But it seems like Bitcoin whales care a little about the recent China ban. As of press time, Bitcoin (BTC) is trading 4.5% The post Bitcoin (BTC) Whales Care A Little...

Sep 24 2021

Kentucky-based Crypto Lender Celsius Faces Cease and Desist Order

Sep 24 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

On Thursday, September 23, Kentucky's securities regulator asked crypto lender Celcius to immediately stop offering its interest-paying accounts in the state. The cease and desist order coming from the Kentucky Department of Financial Institutions notes that Celcius offered unregistered securities to its customers. The regulator noted that Celcius has violated the state law and didn't The post Kentucky-based Crypto Lender Celsius Faces Cease...

Sep 23 2021

Amid Strong Comeback Altcoins Add $100 Billion in 24 Hours, Ethereum (ETH) Above $3100

Sep 23 2021 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

The overall crypto space has bounced back strongly amid the global market recovery on Wednesday led by positive Fed commentary. It's the altcoin space that's leading the crypto market rally by adding $100 billion to the overall crypto market. The world's second-largest cryptocurrency Ethereum (ETH) is showing healthy gains shooting 10% and moving past $3,100 The post Amid Strong Comeback Altcoins Add $100...

Sep 22 2021

Bitcoin (BTC) Price Plunged 90% to $5,400 Due to Network Glitch, Here’s What Happened

Sep 22 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

Monday's market crash resulted in billion-dollar liquidations in the crypto space. The Bitcoin (BTC) plummeted under $45,000 that day, however, a network glitch on the Pyth platform showed that the BTC price plummeted 90% dropping all the way to $5,400. The crypto data network Pyth is run by some of Wall streets biggest players. Besides, The post Bitcoin (BTC) Price Plunged 90% to...

Sep 21 2021

Coinbase Rolls Back Its USDC Lending Plans Fearing SEC Lawsuit

Sep 21 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

In the freshly brewing battle between Coinbase and the SEC, the securities regulators seem to be winning as of now. Last Friday, September 17, crypto exchange Coinbase (NASDAQ: COIN) released an update stating that it will roll back its plans to launch the USDC APY program. This happens as the U.S. SEC threatened a lawsuit The post Coinbase Rolls Back Its USDC Lending...

These Investor Advocates Groups Wants the SEC to Accelerate Crypto Crackdown

Sep 21 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

This week started with a bloodbath on Satoshi Street with Bitcoin and altcoins eroding investors' wealth after rallying for past few weeks. Amid the strong volatility this month, a group of investors' advocates wrote to the U.S. SEC on Monday, to amp up the crackdown on the crypto market. These groups include the Americans for The post These Investor Advocates Groups Wants the...

Sep 20 2021

Sep 17 2021

Ethereum (ETH) Supply Dynamics Tell An Interesting Story, Exchange Outflow Hits New Record

Sep 17 2021 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

On Thursday, September 16, the world's second-largest cryptocurrency Ethereum (ETH) rallied all the way to $3,700. Even today, ETH continues to hold $3500 levels strongly. However, the Ethereum supply dynamics at the exchanges tell an interesting story. As per data from IntoTheBlock, the total number of ETH leaving the exchanges has hit a new record The post Ethereum (ETH) Supply Dynamics Tell An...

Sep 16 2021

Despite Insider Trading, OpenSea Transaction Volumes for Blue-Chip NFTs On the Rise

Sep 16 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

One of the largest NFT trading marketplaces OpenSea recently admitted insider trading by its executives. The OpenSea executives were using proprietary information to benefit from the NFT sales. These employees reportedly purchased items before being publicly displayed. The head of Product Nate Chastain, supposedly behind it, has been removed from his position. In its official The post Despite Insider Trading, OpenSea Transaction Volumes...

As BTC Surges Past $48,000, Are Bitcoin Whales Playing Pump and Dump?

Retail investors need to beware as Bitcoin's millionaire-tier whale addresses might be playing around with them! As per data from Santiment, Bitcoin's millionaire-tier whale addresses holding between 100 to 10K Bitcoin dumped their BTC holdings during September 6-7. As the BTC price tanked nearly 15% under $45,000 followed by retail profit booking, these whales purchased The post As BTC Surges Past $48,000, Are...

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