Benito Cormi

Observing Whale Activities: $2 Billion Worth of Bitcoin Resurfaces, Emerging from Extended Inactivity

Benito CormiJan 17, 20242 min read

$2 Billion in Dormant Bitcoins Moved after 10 Years In a recent update posted on social media by Arkham Intelligence, it has been revealed that around…

Massive Bitcoin Outflow: Grayscale Witnesses $477 Million Exodus Amid Blackrock and Fidelity ETFs Increasing Holdings

Benito CormiJan 17, 20243 min read

Data shows decrease in GBTC holdings as Blackrock and Fidelity Bitcoin ETFs expand Recent data reveals that since the update on Grayscale’s website three days prior,…

Impressive Early Success of Bitcoin ETFs: Generating $9.6 Billion in Just 3 Days

Benito CormiJan 17, 20243 min read

Decrease in Trading Activity for Bitcoin ETFs On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable…

BTC Price Analysis: Bitcoin Holds Above $42,000 Despite Downtrend Indicators

Benito CormiJan 17, 20242 min read

Bitcoin Holds Steady Above $42K as Market Consolidates Bitcoin’s price has been consolidating on the 1-hour chart, showing less directionality compared to longer timeframes. There was…

Closure of $2.3 Million Strategic Funding Round Unveiled by Nigerian Cryptocurrency Startup

Benito CormiJan 17, 20242 min read

Lowering the Cost of Doing Business Nigerian crypto startup Canza Finance has recently raised $2.3 million in a strategic funding round, bringing its total capital raised…

Navigating Challenging Waters: USDC’s Journey Explored in Circle Report 2023

Benito CormiJan 17, 20243 min read

A Challenging Year for USDC’s Circulating Supply A recent report by Circle reveals that 2023 was a difficult year for USD Coin (USDC). The circulating supply…

Critique from Tether: UN Report Neglects USDT’s Contribution to Developing Economies

Benito CormiJan 17, 20243 min read

Developing Economies Ignored by Global Financial World Tether, the issuer of the stablecoin USDT, has criticized a study from the United Nations Office on Drugs and…

Regulating Crypto Mixing in South Korea: Measures Considered to Counter Money Laundering

Benito CormiJan 17, 20242 min read

South Korea Considering Regulations on Cryptocurrency Mixing Platforms The Financial Intelligence Unit (FIU) in South Korea is discussing the possibility of implementing regulations specific to cryptocurrency…

The Essential Role of Cryptocurrency Representation at Davos: Insights from Ripple President Monica Long

Benito CormiJan 17, 20242 min read

The Importance of Cryptocurrency Industry Presence at Davos Monica Long, president of Ripple, believes that it is critical for the cryptocurrency industry to have a presence…

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