Geopolitical uncertainty also contributed to the recent slowdown in trading activity, which is reflected in blockchain data. So far this year demand among bitcoin holders has flattened, reflecting the “impact of global macro uncertainty on investor sentiment, with weaker BTC accumulation taking place as a result,” Glassnode, a crypto data firm, wrote in a blog post.
Crypto Exchange Binance Fined C$6M ($4.3M) by Canadian Financial Regulator FINTRAC for ‘Administrative Violations’
FINTRAC also said that, between June 1, 2021 and July 19, 2023 Binance failed to report 5,902 crypto transactions bigger...