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New survey shows that women are outperforming men in crypto trading in Singapore

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Join Our Telegram channel to stay up to date on breaking news coverage Recently, a new annual Independent Reserve Cryptocurrency Index (IRCI) survey was conducted in Singapore, polling around 1,500 local residents on their stance in regard to cryptocurrency assets. The survey was conducted in February 2023; the results were published yesterday, March 28th. One of the most interesting findings is that Singaporean women are slightly more likely to make money from cryptocurrency investment or at the very least, break even than their male counterparts. How many Singaporeans 🇸🇬 do you think own #crypto? We surveyed over 1,500 Singaporeans about crypto, see our survey results in the thread below. 👇 🧵 1/7 — Independent Reserve (@indepreserve) March 29, 2023 The results of the survey The survey , conducted by the crypto exchange Independent Reserve, noted that 76% of women reported either profiting or breaking even. Their male c...

New data shows that Voyager Digital sent $121m in crypto to exchanges in February

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Join Our Telegram channel to stay up to date on breaking news coverage Voyager Digital, an embattled crypto brokerage, recently started selling off its digital asset holdings on a number of exchange s. According to Arkham Intelligence, Voyager was selling assets at a rate of $100 million per week, and it currently holds nearly $700 million in two wallets. Voyager continuing to sell assets at a rate of around $100M/week. Currently they hold almost $700M in two very large wallets. Their top holdings: $268M ETH $236M USDC $77M SHIB pic.twitter.com/ZtTQSVJLrJ — Arkham (@ArkhamIntel) February 27, 2023 Arkham data also shows that Voyager has transferred at least $54 million in crypto to Coinbase and Binance.US in the last week, likely in order to sell the assets. The transferred assets consist of around $24.7 million in ETH, another $12.2 million in SHIB, and approximately $2.5 million in LINK, all in the last seven days. Since the start of February, the broker deposi...

Bitcoin derivatives data shows room for BTC price to move higher this week

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BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the potential of a brief pause in the crypto market rally. This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional markets, especially the tech-heavy Nasdaq Composite Index, which gained 2.9% on Jan. 20. Economic data continues to boost investors' hope that the United States Federal Reserve will reduce the pace and length of interest rate hikes. For instance, sales of previously owned homes fell 1.5% in December, the 11th consecutive decline after high mortgage rates in the United States severely impacted demand. On Jan. 20, Google announced that 12,000 workers were laid off, more than 6% of its global workforce. The bad news continues to trigger buying activity on risk assets, but Dubravko Lakos-Bujas, chief U.S. equity strategist at JPMorgan, expects weaker earnings guidance to "put downward pressure...