Institutional Bitcoin Accumulation Surges on Coinbase as BTC Taps 10-Day High

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Bitcoin is seeing institutional accumulation amidst fresh gains of over 3% on Friday as its price tapped $102,000. In fact, CryptoQuant has observed a significant Bitcoin inflow to Coinbase Prime, pointing to increased over-the-counter (OTC) trading activity. This trend suggests heightened interest from US institutions, which prefer OTC trades as a method for large-scale Bitcoin … Read more

Crypto Exchange Upbit Faces Suspension Over KYC Violations

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South Korea’s largest crypto exchange, Upbit, has reportedly received a suspension notice from the Financial Services Commission (FSC) for allegedly violating anti-money laundering (AML) and Know-your-client (KYC) requirements. Upbit Faces Suspension Of Up To 6 Months On Thursday, the Maeil Business Newspaper reported that South Korea’s Financial Intelligence Unit (FIU) notified the crypto exchange Upbit … Read more

‘Grand Bull Market’ For Cardano? The Bottom Is In, Analyst Says

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits … Read more

Ripple (XRP) Price Explosion, Bullish Bitcoin (BTC) Predictions, and More: Bits Recap Jan 17

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TL;DR Ripple (XRP) neared its ATH while its market cap surged past $190 billion. Analysts see the price rising to as high as $15. Bitcoin (BTC) hit $102,000, boosted by market optimism and potential pro-crypto policies tied to Trump’s upcoming presidency. Shiba Inu (SHIB) rose 10%, possibly fueled by meme coin market recovery and milestones … Read more