Only 36% of Bitcoin’s supply has moved in the last 6 months, down from 50% during last bull season
The regulator believes new cryptocurrency investors should have a certain level of trading experience and financial reserves.
Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it.
Shark Tank’s Kevin O’Leary said he was “not against Bitcoin” but would invest far more into the crypto asset if it were backed by regulators.
It’s been assumed for years that well-heeled financial institutions would become the main driving force and primary investor class in crypto. That narrative may underestimate the power of the retail investor.
Bitcoin’s rally has stalled since the May halving, but that hasn’t deterred large investors from accumulating coins, data shows.
The online retailer has finally handed out its digital dividend to shareholders after delays hit last year’s planned distribution.
The plaintiffs – a crypto fund and an individual investor – are seeking compensatory damages from Block.one and other defendants.
An activist investor owned by billionaire Paul Singer reportedly has plans to shake up the management at Twitter after taking a big stake in the firm.
eToro isn’t too worried about a potential U.K. ban on crypto derivatives, its U.K. managing director told CoinDesk.