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Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset market, the exchange noted. TASE Exchange Moves to Regulate Cryptocurrency Trading for Brokers The Tel Aviv Stock Exchange (TASE) has published a draft proposing to allow clients of non-banking institutions (NBMs) among its members to buy and sell cryptocurrencies. It intends to expand the list of authorized activities for such entities in order to add crypto trading. NBMs provide brokerage, investment and advisory services, and operate as intermediaries. While they can process various transactions such as the transfer of funds, they are not permitted by law to accept direct deposits from customers or act as custodians. Israel’s only public exchange is now seeking feedback on its regulatory i...

According to cryptocurrency Analysis firm Santiment, Bitcoin (BTC) and Ethereum ( ETH ) supply on exchanges has hit a 5-year low. The firm noted that the development may lead to limited future sell-offs. Source: Santiment According to Santiment, the trend of moving assets from centralized exchanges into self-custody picked up after the collapse of FTX. The fall of FTX took many investors by surprise. However, the majority of retail investors suffered the most. The saga led to people losing their trust in centralized exchanges and consequently moving their assets into self-custody. 👋 The trend in #crypto, particularly since September, has been coins quickly moving to self custody. This trend picked up after the #FTX collapse. Regardless, with both $BTC and $ETH around 5-year low exchange supplies, future sell-offs will be limited. https://t.co/VrWx8dfcMR pic.twitter.com/10ksxRamkx — Santiment (@santimentfeed) February 28, 2023 Moreover, Bitcoin (BTC) and Eth...

The number of Bitcoin (BTC) whales is currently at its lowest level in three years, according to Glassnode. There are only 1,663 distinct entities with 1,000 BTC or more. A cluster of addresses that are under the control of the same network entity is how Glassnode defines a unique entity. Moreover, whale entities peaked in February 2021 with 2,161. Source: Glassnode The biggest Bitcoin (BTC) investors have not yet decided to return to the market as the price is still 65% below all-time highs. Bitcoin whale moves move BTC 1,000 tokens that had lain dormant since their purchase four years prior were relocated by a whale. The coins were moved after making significant gains. During the past five years, the value of 1,000 bitcoin s has increased by an astonishing 575%. According to CryptoQuant certified author JA Maartun, the 1,000 BTC tokens were purchased on February 23, 2019. Back then, Bitcoin (BTC) was selling at $3,468 pe...

Since Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain. Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 Bankruptcy in July 2022, is reportedly selling asset s through the Coinbase crypto exchange. On -chain data suggest that Voyager received at least $100 million in USD Coin (USDC) in three days, starting Feb. 24. Since Valentine’s Day, Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain. The investigation shows that Voyager transferred millions of dollars using a mixed bag of cryptocurrency tokens, including Ether (ETH), Shiba Inu (SHIB) and Chainlink (LINK). 1/ It seems that #Voyager is selling assets through #Coinbase. We noticed that #Voyager has received 100M $ USDC from #Coinbase in the past 3 days. And #Voyager has sent assets to #Coinbase almost every day from Feb 14.https://t.co/VW8o8dBQtqhttps://t.co/qbHt0r7VN...

Join Our Telegram channel to stay up to date on breaking news coverage Non-fungible tokens have continued to gain traction on secondary markets despite the recent regulatory pressure exerted on digital assets by the United States authorities and other crypto market leaders. Below we have listed some of the top-selling NFTs this week: 1. Mutant Ape NFTs Retain The Top Spot Mutant Ape Yacht Club, an NFT collection from digital assets firm Yuga Labs, ranks the most-selling collection in our ten top-selling NFT lists this week. The NFT collection rose to the top last week after rising from the sixth position the previous week. In the past 24 hours, the Mutant Ape Yacht Club NFT collection has amassed a sale volume of 13,933 ETH. Over the same period, the Mutant Ape Yacht Club NFT collection had a market cap of $472 million and a floor price of $24,265. 2. Azuki NFTs The Azuki, an NFT collection featuring a fixed edition of 10,000 anime-themed NFTs, takes second place in our ten...

Over the last couple of days, Hong Kong has been making headlines for its crypto -friendly moves. The special administrative region has been embracing crypto currencies by allowing retail investments. The Hong Kong Securities and Futures Commission [SFC] released a statement earlier this week noting the possibility of retail investors trading large-cap assets like Bitcoin and Ethereum. Retail investors will be able to trade popular digital assets on exchanges that have been granted agency licensing. These virtual asset trading firms must, however, consider Hong Kong’s investor protection. Chinese journalist Wu Blockchain tweeted, According to Hong Kong SFC, the tokens that compliant exchanges allow retail investors to purchase must be included in the two indexes. The following may be included Bitcoin Ethereum Litecoin Bitcoin Cash Polkadot Solana Cardano Avalanche Polygon Chainlink From @tier10k pic.twitter.com/0cLhoRVh8T — Wu Blockchain (@WuBlockchain) Februar...

Blur founder Pacman is hopeful that the major NFT trading applications will soon find a middle ground and cooperate on creator royalties. In this episode of Hashing It Out , Pacman, the founder and core contributor of the nonfungible token (NFT) market place Blur, joins Elisha Owusu Akyaw to discuss how Blur has captured the attention of the NFT market . The tides in the NFT ecosystem changed in December 2022 when the newly launched NFT marketplace overtook OpenSea as the largest NFT trading platform by trading volume. Pacman describes this as a similar situation to the progression of the general token market. He explains that Blur created a market place that puts professional traders first, a niche not covered by popular platforms that prioritize a simple user experience to attract newcomers. According to Pacman, that focus makes Blur the go-to platform for the “highest growing segment” in the NFT space. The NFT marketplace is riding a wave of newfound popularity, launching a toke...

Miners' wallets were suspended for four years if they have been inactive with no outgoing transactions. According to the results of a community vote on Feb. 22, users and validators of The Open Network (TON), a layer one Blockchain previously created by Telegram, have voted to suspend miners' wallets for four years if they are inactive and have never made an outgoing transaction. The decision resulted in 1,081,389,416 TON being suspended, worth an estimated $2.58 billion at the time of publication and accounting for over 20% of TON tokens outstanding. The validator vote, which began on Feb. 21, 2023, was passed after the first two rounds without requiring a third tie round to break the tie. The TON Foundation requested miners to show their activity by undertaking a transaction on the TON Blockchain on Dec. 17, 2022. Since that announcement, 24 of the 195 inactive addresses have been activated. As a result, the vote concerned the remaining 171 addresses, or less than 0.009...

Join Our Telegram channel to stay up to date on breaking news coverage Stablecoins are now in the SEC’s focus. For failing to register the product as a security, it purportedly intends to sue Paxos, a blockchain service provider that manages the third-largest stablecoin BUSD. Paxos was also told to stop trading the coin. It’s another setback for the unpredictable cryptocurrency market. Although no official action has been taken, if the SEC has stablecoins in its sights, the cryptocurrency landscape may undergo a significant change. In spite of everything, the price of stablecoins and the overall crypto market will continue to rise in 2023. Below, we discuss the specifics. The newest crypto target of the SEC The SEC, a federal regulator, issued a Wells notice to Paxos, a blockchain infrastructure platform, at the beginning of February, signaling that an investigation may lead to charges. The company is selling an unregistered security with its BUSD stablecoin, accor...

According to cryptocurrency Analysis firm Glassnode, Bitcoin (BTC) whales are at lows not seen since 2019. On Feb. 19, the number of wallets holding at least 1000 BTC dropped to 2027, a number last seen in August 2019. Source: Glassnode In 2021, during the last cryptocurrency bull run, the number of Bitcoin (BTC) whales reached an all-time high of almost 2500. The statistic has gradually fallen over the past year. The reason for the plummet is uncertain. Some whales turned into mega-whales, while there is a possibility that others booked profits and exited the cryptocurrency market. However, mega whales and shrimps have increased while BTC whales have fallen. The number of mega whales holding at least 10,000 BTC, or $247 million at today’s pricing, has surged. There are now 117 mega whales, close to their historical highs of 126 in October 2018 and 123 in November 2022. During the past few years, the number of “Bitcoin shrimps,” or...

After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million, to the now-defunct crypto exchange. Of the total $1 million, the Democratic National Committee (DNC) is setting aside $815,000 to return to the bankrupt estate. Democrats to Return Just 2.2% of Funds, Donated by Disgraced FTX Co-Founder, to Now-Defunct Crypto Exchange Before his arrest, Sam Bankman-Fried (SBF) was known to have made significant contributions to the Democratic Party. In fact, estimates indicate that one in three members of Congress received a direct contribution from SBF and his inner circle. Since 2020, SBF has donated substantial sums of money to Democrats, and he has claimed to have made undisclosed donations to Republican candidates. SBF made the second-largest monetary donat...

A well-known analyst thinks Bitcoin (BTC) is getting ready for a powerful short squeeze that could send the king cryptocurrency to highs it hasn’t seen in over six months. The fake crypto strategist Kaleo tells his 554,400 Twitter followers that Bitcoin is likely getting ready for a rally to $30,000, a price level it has yet to see since June 2022. “$30,000 is a magnet.” Source: Kaleo/Twitter Bitcoin is currently purchased and sold for $21,319 USD. If BTC hits Kaleo’s target, it could go up by more than 40%. Even though the crypto strategist thinks Bitcoin will go up, he believes it will take a lot of work to reach his goal of $30,000. “Expecting one more wick beneath $20,000 before we see it. A bit of chop/accumulation beneath the high time frame trend before the god candle makes sense. The god candle will be here soon enough, though.” The crypto analyst said that if Bitcoin fell below $20,000, short positions...

A group of pseudonymous developers from DarkFi spoke with Cointelegraph about how crypto is evolving amid privacy challenges, bad actors and government oversight. Pierre-Joseph Proudhon introduced one of the first critiques of centralized authority in 1848, a few years after publishing his now-classic book What is Property?  and calling for the abolition of property and the state. As per Proudhon’s view, any political change would be limited without economic change.  His work is at the heart of anarchism, “a political theory that is skeptical of the justification of authority and power,” according to the Stanford Encyclopedia of Philosophy. Almost two centuries later, Proudhon’s thoughts about economics and power still echo in society, with encryption tools paving the way for parts of the ideal society envisioned in his theory. Crypto may be far from its original political principles, but projects reviving cypherpunk values are still thriving. One such project is DarkFi, a multichain...

1. ETH’s weekly summary a. Ethereum client teams to launch Shanghai upgrade on Sepolia testnet on Feb 28 link The Geth (EL) client team ran into an unexpected issue with their nodes on the Zhejiang testnet on February 16. Since discovering this bug, the team has issued a fix. Chair of the ACDE calls Tim Beiko asked whether other client teams were vulnerable to the same bug. During last week’s ACDC call, Ethereum client teams agreed to launch the Shanghai upgrade on the Sepolia testnet on February 28th. b. Vitalik: Ethereum’s roadmap emphasizes sharding, Rollup focuses on L2 solutions link Vitalik stated in a recent interview that the main focus of Ethereum’s roadmap is sharding, which aims to create a system that supports more transactions than can be verified by a single node while still adhering to rules; whereas Rollup’s roadmap is more focused on being developer-friendly for building L2 solutions. 2. Lido’s weekly summary a. Lido warns on DeFi challenges after SEC’s Kraken cra...