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Largest Ethereum (ETH) Long in Asia Is Gone: But On-Chain Data Tells a Different Story

Largest Ethereum (ETH) Long in Asia Is Gone: But On-Chain Data Tells a Different Story

Just before the complete exit, Yi predicted ETH would reach $10,000, and BTC would surpass $200,000. Trend Research, the trading firm led by Liquid Capital founder Jack Yi, has fully exited its Ethereum positions, closing out what was once Asia’s largest ETH long, according to on-chain monitoring platform Arkham. At its peak, Trend Research held […]

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Russia’s Largest Bitcoin Miner BitRiver Enters Bankruptcy Proceedings: Report

Russia’s Largest Bitcoin Miner BitRiver Enters Bankruptcy Proceedings: Report

The company’s founder and CEO, Igor Runets, was placed under house arrest in connection with multiple tax evasion charges. BitRiver, Russia’s largest Bitcoin miner, is on the verge of collapse amid mounting financial and legal problems. Courts have placed its parent company, Fox Group of Companies, under observation as debts and unpaid obligations pile up.

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Hong Kong’s Largest Online Broker Now Offers Bitcoin and Ether Trading

Hong Kong’s Largest Online Broker Now Offers Bitcoin and Ether Trading

Futu Securities International – the largest online broker in Hong Kong – has started offering retail cryptocurrency trading in the city-state. The latest move involves attracting investors with shares of Alibaba Group Holding and Nvidia. Residents of Hong Kong can now trade bitcoin and ether on the brokerage platform with Hong Kong or US Dollars.

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US Remains Largest Crypto Market But Stablecoin Activity Shifts Away

US Remains Largest Crypto Market But Stablecoin Activity Shifts Away

The United States is the world’s largest cryptocurrency market, accounting for 24.4% of global transaction activity, according to a recent report by Chainalysis. The report, released on October 23, revealed that there was an estimated $1.2 trillion in value received on-chain between July 2022 and June 2023 in the U.S. Moreover, institutional activity makes up

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