Kevin O’Leary Warns Major Crypto Panic Event Is Coming — ‘I Don’t Believe We’ve Seen the Bottom Yet’

Kevin O’Leary Warns Major Crypto Panic Event Is Coming — ‘I Don’t Believe We’ve Seen the Bottom Yet’

Post Views: 204 Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned of an impending “big panic event” in the crypto space. “I don’t believe we’ve seen the bottom yet and I have a different view of it,” he said. He was asked how far the price of bitcoin could fall and whether BTC…

Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide

Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide

Post Views: 227 Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today. Glassnode reported on July 5, that despite bitcoin’s…

Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months

Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months

Post Views: 351 Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down more than 81% since…

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law

Post Views: 301 New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines relevant threats. Amendments designed to govern the cryptocurrency market…

70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

Post Views: 258 During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as the market…

Bitcoin Skeptic Peter Schiff Will Sell Troubled Euro Pacific Bank for BTC if Regulators Let Him

Bitcoin Skeptic Peter Schiff Will Sell Troubled Euro Pacific Bank for BTC if Regulators Let Him

Post Views: 347 Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. “My bank was not put into receivership for being insolvent. It was put there for being under-capitalized,” the bitcoin skeptic said. Schiff claims that he already has a buyer for the…