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$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars


Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...

Ethereum 2.0 Multi-Client Testnet Medalla Up 30% in Active Validators


The first week of the Ethereum (ETH) 2.0 multi-client testnet Medalla saw a 30% rise in active validators and staked ETH. Per beaconch.in, 26,319 active validators (15:43 UTC) have joined the network, staking some ETH 843,208 (USD 325m). Medalla, the final multi-client testnet before Phase 0 (the...

Swiss Exchange SIX Lists Actively Managed Bitcoin Exchange-Traded Product


Switzerland’s principal stock exchange SIX Swiss Exchange is listing a new bitcoin exchange-traded product (ETP). The BTCA index, otherwise known as the “Bitcoin Capital Active ETP (BTCA),” is different from other crypto ETPs exchanged on SIX because it’s an “actively...

Latin American Crypto Exchange Bitso Says it Has 1M Active Users


Mexico’s crypto scene is booming again, with one of the nation’s largest crypto exchanges, Bitso, claiming it has reached the 1 million active user mark. In an interview with El Economista, Daniel Vogel, Bitso’s CEO stated that crypto was continuing to gain ground in traditional markets like...

Surging ‘Bitcoin Active Supply’ May Point to Coming Rally – Report


Bitcoin (BTC) may be due for yet another price rally fuelled by a recent increase in on-chain activity on the network, according to a new report from Singapore-based cryptoasset management firm Stack Funds. The firm explained that it is a strong rise seen in the 90-day “percentage of Bitcoin active...

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