Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies

Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations.

Timeline of Bitcoin, Ethereum

Financial advisory firm deVere Group CEO Nigel Green is optimistic that the crypto bear market is months away from coming to an end. Green says that the prices of Bitcoin (BTC) and other crypto assets will rise once inflation starts slowing down and the central banks begin loosening monetary policy.

Bitcoin's average dormancy witnessed a spike, which indicates higher selling pressure Bitcoin's volume and MVRV ratio continued to decline. According to a new CryptoQuant report by Wenry, Bitcoin's average dormancy had witnessed a spike.

A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred to new addresses in several transactions.

A prominent market intelligence firm finds that Ethereum (ETH) whales are gobbling up the leading smart contract platform at the highest rate seen since 2020. According to crypto analytics agency Santiment, deep-pocketed Ethereum investors are snapping up ETH at a significant rate.

Central banks in countries that face a risk of being sanctioned by the US could shift their international reserves to include bitcoin (BTC), a new Harvard University research paper has argued.

Ethereum's market cap fell below stablecoins' market cap  The number of transfers and fees declined The FUD (fear, uncertainty, and doubt) surrounding the crypto market is the reason why the community has been looking for “stability” over the last few days.

MetaMask will start logging users' IP addresses and Ethereum (CRYPTO: ETH) wallet addresses during on-chain transactions, according to an updated privacy policy agreement released by the wallet's developer ConsenSys. The data will only be collected if users use Infura, the default Remote Procedure Call (RPC) application provided by MetaMask, according to ConsenSys.

Users of MetaMask will have their data collected as Consensys, the team behind the popular crypto wallet, updates its privacy policy. In a new company announcement, Consensys says it is updating its terms of service to collect user data such as names, IP addresses, dates of birth, usernames, contact information and gender.

Wrapped Bitcoin (WBTC) Depeg News: Following the chaos around FTX collapse in recent weeks, speculation is now rife around the Wrapped Bitcoin (wBTC) depegging from the Bitcoin price. While the rumors suggest certain wBTC is missing as it belonged to Alameda Research, the BitGo team cited routine maintenance of DAO multisig rotation.

Major cryptocurrency asset manager Bitwise resubmitted to the Securities and Exchange Commission its application to start trading a Bitcoin exchange-traded fund (ETF). According to documents filed with the SEC on Nov.