According to data from CryptoQuant, Bitcoin’s (BTC) Kimchi Premium has surged to a three-year high of 12%. This spike comes amid a steep decline in the flagship cryptocurrency, triggered by concerns over the economic impact of looming US trade tariffs on Canada, Mexico, and China. Kimchi Premium Rises To 3-Year High, What’s Driving It? Starting…
Bitcoin is trading above key demand levels but continues to face resistance in breaking into uncharted territory. After setting a new all-time high at $109,300 on Monday, the price has struggled to push higher, leaving traders and investors uncertain about its next move. Despite the market’s current indecision, BTC remains strong above critical support, signaling…
The UK Financial Conduct Authority (FCA) has released a discussion paper outlining several proposals and inviting public feedback on crypto regulations in the country. Notably, one proposal seeks to ban public crypto offers from non-regulated entities. Cryptocurrency Public Offers Draw The FCA’s Attention According to the FCA, the proposals – detailed in the discussion paper…
Bitcoin has experienced a calm weekend, maintaining its momentum above the $100,000 mark after breaking this milestone on Wednesday and setting new highs. The crypto market is buzzing with anticipation as BTC consolidates near its historic levels, with traders and investors eagerly awaiting its next move. Adding to the excitement, CryptoQuant analyst Maartunn recently highlighted…
Bitcoin mining company Riot Platforms has increased its BTC holdings with the addition of over 5,000 coins in the past few days. This significant purchase came on the back of reports that the miner was under pressure from activist investor Starboard Value. How Much BTC Does Riot Platforms Currently Own? On Friday, December 13, Riot…
