Crypto’s Changing Landscape Forces On-Chain Firm Parsec To Shut After 5 Years
On-chain analytics firm Parsec is calling it quits after five years in the business — a sign that one slice of the crypto tool market no longer matched trader needs. Related Reading: CLARITY Act On Track For April Passage, Senator Says Its CEO, Will Sheehan, summed it up plainly: the firm had been building for […]
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Increased regulatory scrutiny from China is changing the bitcoin mining landscape. But where will hash rate go?
China announced last week that financial institutions in the country would no longer be able to sell Bitcoin services, and that mining would be prohibited. Many in the Bitcoin community, including this paper, reacted with skepticism to the news, noting that China has previously “banned” its companies from using Bitcoin with little effect, and that […]
Discussing Bitcoin and the changing monetary landscape.
In a significant development within the UK’s cryptocurrency landscape, authorities have recently apprehended two individuals linked to an alleged illicit digital currency exchange operation, reportedly involving over £1 billion. This move underscores an ongoing effort by regulatory bodies to clamp down on unregulated financial activities within the crypto sector. Related Reading: UK Crypto Advice Firm Shut […]
We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”