Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
Can traders expect local growth of Bitcoin (BTC), Ethereum (ETH) and XRP soon?
Africa stands at the cusp of a financial revolution as Ecowas region financial ministers and central bank governors advanced plans to launch the single currency initiative, known as the ECO. The Economic Community of West African States (ECOWAS) promises to reshape the economic landscape of 15 nations with the introduction of ECO. Amidst the buzz […]
Cryptocurrency exchange Binance has challenged a substantial $86 million tax show cause notice by India’s tax authorities, Coindesk reported, citing sources familiar with the matter. This notice, a preliminary step in suspected tax evasion cases, marks a significant move by India’s Directorate General of Goods and Services Tax Intelligence (DGGI) against the crypto exchange giant. […]
Widely followed analyst and trader Michaël van de Poppe believes there are four catalysts that could revive the crypto bull market after this week’s broad sell-off. Van de Poppe tells his 721,400 followers on the social media platform X that if there are significant inflows into both spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds […]
TL;DR Fear & Greed Index Overview: The Fear & Greed Index, which gauges market sentiment, is currently at 17 (out of 100), signaling extreme fear in the Bitcoin market. A score below 25 indicates strong bearish sentiment. Market Shifts and Reversal Potential: Bitcoin’s recent bearish trend, including a significant price drop, has shifted sentiment dramatically. […]
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena, which seeks to compel the agency to produce documents related to crypto assets. The SEC described them as covering “essentially all documents that in any way relate to crypto assets.” SEC Opposes Coinbase’s Subpoena Request The motion filed on […]
The cryptocurrency exchange platform says the third-party cybersecurity incident impacted only a “subset of some Gemini customers' banking information …
Yesterday, August 5, LINK, the native currency of Chainlink, a decentralized Oracle provider, plunged to a six-month low. Changing hands at around $8, LINK fell by 64% from March highs, breaking out from a bull flag, signaling weakness. The correction was across the board, and leading altcoins like Solana and Cardano also posted sharp losses. […]
Japan’s severe stock crash rippled through global markets, causing significant drops in crypto and major indices worldwide. Experts criticise the US Fed for sluggish rate adjustments, influencing the market downturn, with urgent calls for significant rate cuts. Despite massive sell-offs, cryptocurrencies like Bitcoin and Ethereum have begun to recover some losses following Monday’s steep decline. […]
In a surprising turn of events, $NEIRO on Ethereum has surged by 8% today and over 800% in the past seven days, despite challenging market conditions and a significant whale sell-off. On-chain reports reveal that Ethereum co-founder Vitalik Buterin sold all his 17.15 billion NEIRO tokens, amounting to 44.42 ETH (approximately $119,000). Eight days ago, […]
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with […]
The organization was apparently formed the same day Kamala Harris announced her running mate, Minnesota Governor Tim Walz.
The MSTR stock has pared most of its recent losses
Company Name: Simple Proof Founders: Rafael Cordón and Christian Lowenthal Date Founded: February 2023 Location of Headquarters: Guatemala Amount of Bitcoin Held in Treasury: N/A Number of Employees: 6 Website: https://www.simpleproof.com/ Public or Private? Private In the age of digital records, how do we know that data has not been tampered with? Rafael (Rafa) Cordón […]
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The total open interest of any asset can help to narrow down what traders are doing when it comes to a coin, and Dogecoin is no different. As with any metric, a rise or fall within a period of time can be significant as traders choose to take or not take positions in that asset. […]
TL;DR ONDO’s Performance: ONDO, the native token of Ondo Finance, one of the RWA cryptocurrencies, surged by nearly 37% in the last 24 hours, reaching a price of $0.71. Despite this short-term gain, ONDO has experienced a 25% decline from its August 1 price of $0.95. PENDLE’s Surge: PENDLE, the native token of Pendle Finance, […]
U.S. spot Ethereum ETFs had a positive day of inflows following a massive market crash that sent the asset tumbling 23% in less than 24 hours. On August 5, the aggregate inflow for the nine newly launched spot ETH ETFs was $49 million, its second-highest inflow day since the funds started trading. Additionally, it is […]
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over the past day. Binance CEO Richard Teng noted that this “marks […]
ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million.
Global markets, crypto, and tech valuations are experiencing significant declines, reaching levels not seen in several months. Disappointing jobs report triggers panic selling, and US investors warn of an incoming recession. Japan’s recent monetary policy changes caused a bloodbath for carry trades, causing instability across financial markets. What a week —and it’s only Tuesday. Global […]
The weekend saw a significant downturn in the cryptocurrency market as Bitcoin (BTC) dropped below the critical $60,000 threshold for the first time in weeks. This decline coincided with mounting concerns about a looming recession in the United States, fueled by recent economic data painting a rosy picture of the world’s largest economy. Despite the […]
Crypto community stunned as Dogecoin founder reacts to market crash
An extraordinary reveal: Mining was never banned in China. Yes, you read that right. In fact, not only was it not banned, but Chinese miners are leading the world in innovative uses of Bitcoin mining. But what of this Reuters report and others that says it was banned? Let’s have a closer look. Yes, network […]
The cryptocurrency market experienced a significant downturn Aug. 4-5, resulting in a loss of approximately $367 billion in value over a day.
In a striking move that has captured the attention of the cryptocurrency community, the Shiba Inu (SHIB) army has recently made significant investments in the Mpeppe (MPEPE) token. This surge of support from one of the most influential communities in the crypto space has led to a substantial increase in Mpeppe (MPEPE)’s market value and […]
Bitcoin trading volumes reached unprecedented levels amid the market turmoil, while crypto hackers capitalized on discounted Ether.
A closely followed crypto strategist thinks three altcoins including the layer-1 project Sui (SUI) are in the midst of a clear downtrend. Pseudonymous analyst Altcoin Sherpa warns his 218,900 followers on the social media platform X that SUI, along with fellow smart contract platform Near (NEAR) and the AI-focused Artificial Superintelligence Alliance (FET) are trading […]
A closely followed economist believes crypto and the US stock market are still poised to witness a massive upside move despite the latest correction. Henrik Zeberg tells his 147,900 followers on the social media platform X that it is not yet the time for crypto and stocks to collapse and enter a period of a […]
Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market Committee (FOMC) meeting. The key question is the extent of this cut. According to CME’s […]
TL;DR Ronin Bridge Hacked: The Ethereum sidechain Ronin Bridge, crucial for transferring assets in the popular play-to-earn NFT game Axie Infinity, suffered a breach. Malicious actors stole 3,996 ETH (approximately $9.33 million). Whitehat Reports and Governance Concerns: Security firm PeckShield confirmed the hack, prompting a pause in operations. Ethical hackers suspect a Maximal Extractable Value (MEV) exploit. This isn’t the first […]