How Are Crypto Traders Distributed Across the Globe?
Datalight analyzed website traffic data from 100 top crypto exchanges to determine where traders are located. With 22M traders, the US ranks first, with 6.2M Japan ranks second, South Korea ranks third with 5.7M, followed by the UK, Russia, Brazil, Germany, Vietnam, Turkey and Canada.
tags: CryptoAssets Liquidity Fintech
Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves
Circle has published the latest third-party (Grant Thornton) audit of its USD-pegged stablecoin, USD Coin. It states that as of end-April there were 293,184,174 USDC issued and $293,351,374 in the firm’s reserves.
Number go down — the single trade that crashed Bitcoin
The Bitcoin price goes up and down with weird jumps in the graph — nicknamed “Barts,” after the shape of Bart Simpson’s haircut — the telltale signs of market manipulation.
tags: CryptoAssets Fintech Bitcoin