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Author: Tony Pearce

I am a crypto journalist with a special taste for the cryptocurrency industry. I am interested in everything related to this sector, from the smallest altcoin to huge assets such as Bitcoin an Ethereum, since they all add something valuable to the crypto ecosystem.

BTC Trading Volume Falls to Lowest Level Since October 2020

Reading Time: < 1 minute In August, the trading volume of BTC on centralized platforms fell to its lowest level since October 2020, amounting to $423 billion.

September 7, 2023September 7, 2023 Tony Pearce News

Bitcoin Will Reach $150,000: Expert

Reading Time: < 1 minute Ric Edelman, the founder of Edelman Financial Engines, believes that by the summer of 2025, the price of Bitcoin could reach $150,000.

September 7, 2023September 7, 2023 Tony Pearce News

Phishing Scheme Targeting MetaMask Users is Discovered

Reading Time: < 1 minute MetaMask users must be wary of fraudsters as they are using government URLs from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other countries to deceive them and steal their assets.

September 6, 2023September 6, 2023 Tony Pearce News

Metaverse Market Size Will Reach $800B Next Year

Reading Time: < 1 minute According to METAV.RS, the metaverse industry is projected to reach a capitalization of $800 billion in 2024, which translates to a growth of 1,600% from the current $47 billion.

September 6, 2023September 6, 2023 Tony Pearce News

Outflow from Crypto Funds Slows Down: Report

Reading Time: < 1 minute From August 26 to September 1, the outflow of funds from cryptocurrency investment products fell from $168M (the maximum since March 2023) to $11.2M.

September 5, 2023September 5, 2023 Tony Pearce News

Ethereum Co-founder Vitalik Buterin Sells $580K in MakerDAO Tokens

Reading Time: < 1 minute After Rune Christensen proposed launching MakerDAO on the Solana blockchain, Ethereum co-founder Vitalik Buterin sold 500 MKR tokens for 353 ETH (~$579,000 at the moment).

September 5, 2023September 5, 2023 Tony Pearce News

More Than 50% of Turkish Residents Own Crypto: Survey

Reading Time: < 1 minute By 2022, the percentage of the Turkish population owning cryptocurrencies had risen to 40%.

September 4, 2023September 4, 2023 Tony Pearce News

Tom Lee: Bitcoin Will Soar to $185,000

Reading Time: < 1 minute Tom Lee of Fundstrat has told that the cost of the leading digital currency, Bitcoin, could reach $150,000 once exchange-traded crypto funds ETFs are allowed to be focused on the spot price of the currency.

September 1, 2023September 1, 2023 Tony Pearce News

Tether Will Process USD Transactions Through a Bahamas Bank

Reading Time: < 1 minute The company, registered in the Bahamas, Britannia Bank, is its new partner through whom dollar transactions will be done in response to heightened regulations by the US and European Union on the movement of digital currency.

August 31, 2023August 31, 2023 Tony Pearce News

SEC Classifies NFTs as Investment Contracts

Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has alleged that Impact Theory violated federal securities laws by selling investments in the form of unregistered non-fungible tokens (NFTs) under the name Founder’s Keys.

August 30, 2023August 30, 2023 Tony Pearce News

CoinSwitch Lays Off Third of Employees from its Support Team

Reading Time: < 1 minute CoinSwitch, an India-based cryptocurrency exchange, has laid off 44 of its 126 customer service department employees.

August 30, 2023August 30, 2023 Tony Pearce News

Hong Kong Arrests Users for Laundering $15M Through Crypto

Reading Time: < 1 minute Hong Kong police have reportedly made 458 arrests in 314 money laundering cases involving approximately $60 million, of which a quarter is related to digital assets.

August 29, 2023August 29, 2023 Tony Pearce News

Binance Launches a Solution for Institutional Clients

Reading Time: < 1 minute Binance has launched the MirrorX OTC settlement solution.

August 29, 2023August 29, 2023 Tony Pearce News

Coinbase Might Cooperate with Largest Canadian Banks

Reading Time: < 1 minute Lucas Matheson, who is in charge of Coinbase’s business expansion, has recently confirmed that his team is engaging in negotiations with the largest banks in Canada.

August 28, 2023August 28, 2023 Tony Pearce News

US Presidential Candidate Francis Suarez Says Will Accept Salary in BTC

Reading Time: < 1 minute US Republican presidential candidate and Miami Mayor Francis Suarez has declared that if he were to win the election, he would be willing to take part of his salary in Bitcoin.

August 25, 2023August 25, 2023 Tony Pearce News

Coin Center Sends Comments to US Senate on Crypto Taxation

Reading Time: < 1 minute In response to a request from the US Senate Finance Committee, Coin Center provided proposals for the taxation of digital assets.

August 24, 2023August 24, 2023 Tony Pearce News

Aptos Launches a Flexible Token Standard

Reading Time: < 1 minute The developers of Aptos (APT) have officially unveiled their new Digital Asset (DA) standard tokens.

August 24, 2023August 24, 2023 Tony Pearce News

BTC Crash Leaves Only 12% of Speculators’ Coins in Profit: Report

Reading Time: < 1 minute An analysis conducted by Glassnode found that 88.3% of short-term investors have now become “unprofitable” due to Bitcoin’s biggest dip of the year so far by 7.2%.

August 23, 2023August 23, 2023 Tony Pearce News

Relative Strength Indicator Hits 2020 Records

Reading Time: < 1 minute On March 20, 2020, the Relative Strength Index (RSI) on the Bitcoin chart on CoinDesk showed a sharp change in prices with the cryptocurrency exchange rate at $4,000 due to the COVID-19 pandemic.

August 23, 2023August 23, 2023 Tony Pearce News

Bitget Announces Introduction of Mandatory KYC

Reading Time: < 1 minute Beginning on September 1, cryptocurrency exchange Bitget is modifying its requirements for KYC verification.

August 22, 2023August 22, 2023 Tony Pearce News

Bitcoin Funds Record Outflow of Funds

Reading Time: < 1 minute CoinShares analysts estimated that $55.4 million was withdrawn from cryptocurrency investment products from August 12 to 18, a notable contrast to the $28.5 million inflow during the previous week.

August 22, 2023August 22, 2023 Tony Pearce News

Mantle Stops Token Migration Due to FTX

Reading Time: < 1 minute The BitDAO and L2 project Mantle Network announced in May a merger to create a single ecosystem under the BitDAO brand.

August 21, 2023August 21, 2023 Tony Pearce News

Vitalik Buterin Receives Residence Permit in Taiwan

Reading Time: < 1 minute Vitalik Buterin, co-founder of Ethereum, was presented with Taiwan’s “golden card”, which provides him unrestricted entry into the country and the privilege of remaining in the country for more than 180 days.

August 21, 2023August 21, 2023 Tony Pearce News

A Bitcoin Wallet Moves 1,005 Bitcoins

Reading Time: < 1 minute On August 14, a blockchain researcher named Kirill Kretov drew attention to a transaction involving 1005 BTC mined in 2010, which had been credited to its original wallet 13 years ago.

August 18, 2023August 18, 2023 Tony Pearce News

South Korean Metaverse ZTX Attracts $13M

Reading Time: < 1 minute Zepeto, in collaboration with venture capital firm Jump Crypto, has raised $13 million in seed funding for their ZTX metaverse project.

August 17, 2023August 17, 2023 Tony Pearce News

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