TL;DR Bitcoin exchange-traded funds (ETFs) have experienced impressive growth in recent weeks, reaching record levels of trading activity. The recent record trading volume of BTC ETFs in the United States reached around $2 billion, marking the most active day since their launch in January. ETFs like VanEck’s HODL, WisdomTree Bitcoin Fund (BTCW), and BitWise Bitcoin […]

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Bitcoin exchange-traded funds (ETFs) witnessed unprecedented trading activity, setting new daily volume records, possibly influenced by the closure of markets for Presidents Day.  #Bitcoin #ETF volumes & inflows have seen record daily highs, perhaps aided by closed markets for #PresidentsDay. Amongst the 7 largest ETF's, there was a combined $6.94B in volume. Individual #alltimehighs included […]

Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $3.5M Capital Injection From UOB Startale Labs, known for spearheading initiatives […]

A Texas-based cryptocurrency company, Lejilex, in conjunction with the Crypto Freedom Alliance of Texas (CFAT), launched a legal challenge against the US Securities and Exchange Commission (SEC) on Wednesday. The lawsuit, filed in federal court in Fort Worth, asserts that the SEC has exceeded its regulatory boundaries by asserting jurisdiction over digital assets traded on […]

A popular crypto analyst is turning bullish on one peer-to-peer storage altcoin project that is backed by billionaires. The pseudonymous trader known as Altcoin Sherpa tells his 207,700 followers on the social media platform X that decentralized storage network Filecoin (FIL) could increase more than 125% from its current value within months. “FIL: This doubles […]

Bitcoin is trading at USD $52,260, still 24.5% below its all-time high of USD $69,044.77, yet in Japan, it’s trading higher than its previous high in November 2021.​ The weakening of local currencies against the US Dollar and negative/ low interest rates have led to Bitcoin reaching new highs in a number of countries. Meanwhile […]

Shiba Inu (CRYPTO: SHIB) burst onto the scene in 2021, when the cryptocurrency market was experiencing a raging bull market during the second year …

Can price of Bitcoin (BTC) get to $53,000 zone by end of week?

A crypto investor, Fred Krueger, thinks Ethereum is overvalued at spot rates. Referring to X, Krueger added that  Ethereum supporters are “detached from reality” after ETH, the native currency, recently broke above $3,000. The investor pointed to the general declining on-chain activity, fierce competition from alternatives like Solana and Avalanche, for instance, and regulatory uncertainty […]

TL;DR Bitcoin experienced significant price fluctuations in the past few days, soaring to nearly $53,000 before dipping below $51,000, with predictions of future increases based on on-chain metrics and the upcoming halving. Ripple continues to fight the SEC over XRP’s classification as a security, getting partial court victories and expanding globally. Shiba Inu’s Shibarium achieved […]

The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group LockBit. In a statement, the Treasury Department’s Office of Foreign Assets Control (OFAC) says that it has sanctioned several Bitcoin (BTC) and Ethereum (ETH) wallets linked to the group. According to a press release, the […]

TL;DR  Arthur Hayes, ex-CEO of BitMEX, shares his views on the crypto market, its trends, challenges, and opportunities. Hayes predicts a bull market for Bitcoin and Ethereum, but dismisses Cardano as “the first Ethereum imitator” and “dog shit.” Hayes advises crypto investors to stick to their strategies, avoid greed, and take profits when appropriate. In a recent […]

Earlier this month, Zetachain (ZETA) celebrated a significant milestone as it reached an all-time high (ATH) of $2.854. The surge marked a moment of triumph for the token, buoyed by positive market sentiment and a string of successful partnerships. However, in the past week, Zetachain has experienced a downtrend, witnessing a 13% decline over the […]

On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain communication and multi-chain scalability. AMD’s FPGA Tech to Power Wormhole’s Interoperability Ambitions Wormhole, an interoperability platform for blockchains, […]

Bayo Onanuga, an adviser to Nigeria’s President Bola Tinubu on information and strategy, has ignited a contentious debate by calling for a ban on cryptocurrency trading platforms including Binance, KuCoin, and others within the country. Onanuga Urges EFCC and CBN to Halt Cryptocurrency Exchanges Onanuga’s call for the ban surfaced on X social media platform […]

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Bitcoin’s price soared in February, with gains over $10,000, highlighting a potential acceleration in the current market cycle despite a lack of significant retail interest. Analyst Michael Pizzino stressed the importance of short corrections for the health of the accelerating bull market and cautioned against getting too caught up in the hype. Pizzino pointed out […]

Shiba Inu’s burn rate surges as its price approaches major milestone

The Bitcoin price has had a rocky start to the new week after losing its footing above $52,000 on Tuesday. However, all hope is not lost, as indicators still point to a continuation of this trend. Crypto analyst Tony The Bull has identified an important trend in the Bitcoin chart which could trigger a continuation […]

Plans for new rules and regulations for stablecoins and cryptocurrency staking in the United Kingdom (UK) are in the pipeline, according to a Bloomberg report. The report quotes the Economic Secretary to the Treasury Bim Afolami as saying at an event organized by Coinbase crypto exchange in London that the UK government was “pushing very […]

Fundstrat CEO Tom Lee says a myriad of positive catalysts are setting up to most likely push Bitcoin to much higher prices by the end of 2024. In a new interview on CNBC, Lee says that looser monetary policy, the Bitcoin halving and the increased demand stemming from the new spot BTC exchange-traded funds (ETFs) […]

Speaking on CNBC’s Squawk Box on Feb. 21, the American entrepreneur said he thinks Bitcoin prices will reach $150,000 this year. Lee cited three reasons for his bold price prediction, which would involve the asset moving 190% higher than current levels. “You have demand improving with the new ETFs, you have supply shrinking with the […]

The Seychelles-based cryptocurrency exchange Bitget has set its sights on expanding its presence in Latin America, according to Maximiliano Hinz, the company’s Director of Growth for the region. To gain a foothold, Bitget plans to increase its local team and focus on beginner-friendly products that don’t require constant portfolio oversight. Bitget Looks to Expand in […]

TL;DR MetaMask has surpassed 30 million monthly active users after a 55% surge. Its exponential growth reflects its increasing relevance and adoption in the crypto ecosystem, consolidating it as the preferred option for accessing and managing digital assets on the Ethereum network. The success of the wallet highlights the importance of security and trust in […]

TL;DR Shiba Inu has introduced the ERC404 token standard and launched the SHEboshi NFTs, combining features of both Non-Fungible Tokens (NFTs) and fungible tokens, contributing to its leading position in decentralized innovation. The Shiba Inu team has shown commitment to transparency and fairness by addressing a glitch during the SHEboshi NFT launch and outlined a comprehensive plan for the […]

Following its recent listing, Starknet’s native token, STRK, experienced a significant downturn, with its price plummeting by 27% within a 24-hour period.  The drop can be attributed largely to sell-offs triggered by a major airdrop, revealing challenges associated with token issuance strategies. Despite the potential of Starknet’s technology, the current price decline suggests a period […]

Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the right to remove “users behaving in a malicious or manipulative way.” The Nigerian Currency’s Woes Some Nigerian users of Binance’s peer-to-peer (P2P) platform have […]

Cryptocurrency custodians manage digital assets for the new bitcoin ETFs. But how does bitcoin custody compare to traditional finance?

The cryptocurrency space has been subject to high volatility after Bitcoin finally surged to $53,000. After hitting this level, the cryptocurrency faced notable declines in its value. However, a crypto analyst has predicted that the price might continue to surge, highlighting the enduring strength of Bitcoin’s upward momentum.  BTC Price Needs To Hold Steady Despite […]

One Bitcoin metric indicates there’s still a “long way to go” before BTC hits its cyclical top, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju notes that 63% of Bitcoin’s realized cap hasn’t moved in more than six months. Realized cap is an on-chain metric that attempts to provide […]

After initial plans to extradite Do Kwon to the United States were overturned by Montenegro’s High Court, the decision was eventually reinstated. Montenegro’s decision to extradite Kwon to the US rather than to his native South Korea is due to political reasons. Kwon, the founder of Terraform Labs, was arrested in Montenegro while attempting to […]