Last week, the digital asset market experienced a significant shift as CoinShares reported a record outflow of $942 million from investment products. This marked a departure from seven consecutive weeks of inflows, indicating a notable change in investor sentiment. According to CoinShares, last week saw a record outflow of $942 million from digital asset investment […]

XRP triggers inflows as Bitcoin sees staggering $904 million in outflows

A senior executive at Binance, who was detained by Nigerian authorities in late February, has since escaped from custody. The executive Nadeem Anjarwalla is believed to have left the country using a Kenyan passport. The Nigerian government confirmed Anjarwalla’s escape and said it would ask Interpol to issue an international arrest warrant. Binance Executive Departs […]

Lawmakers should provide regulatory certainty for the growing cryptocurrency industry.

TL;DR A downward trend in key metrics of Shibarium, such as daily transfer counts and the SHIB burn rate. Implementation of tests and updates in Shibarium contributing to a decrease in network activity. Shibarium reaches a new all-time high in its total value locked (TVL) thanks to the successful launch of DAMN on WoofSwap and […]

TL;DR Long-term Bitcoin investors have sold a significant amount of BTC in the last 30 days. Transactions with large amounts of ancient coins have recently occurred on the Bitcoin network. The long-term holders net position change metric has reached -669,000 BTC in the last month. Since the inception of Bitcoin (BTC), long-term investors, known as […]

The Securities and Exchange Commission (SEC) of the Philippines has blocked the cryptocurrency giant Binance. This action was taken after the exchange was found to be operating an investment and trading platform without the necessary license, raising concerns about the security of investors’ funds. The commission approved the filing of a formal request with the […]

Bitcoin, the world’s most valuable coin, is once again deviating from historical norms. According to an analysis by one crypto analyst, the coin is in the “overbought” territory of the Relative Strength Index (RSI) for the first time in the lead-up to halving. The RSI is a popular technical indicator analysts use to gauge the price momentum […]

A closely followed crypto analyst believes one decentralized video-streaming altcoin project is about to go on a massive rally. Pseudonymous trader Kaleo tells his 632,300 followers on the social media platform X that Theta Network (THETA), a platform for decentralized video delivery, could soar by more than 200% as the social finance (SoFi) space finds […]

The head of blockchain analytics platform CryptoQuant says that Bitcoin (BTC) could dip to a “max pain” price range before the bull market is able to continue. Ki Young Ju tells his 340,000 followers on the social media platform X that the net inflows of capital to spot Bitcoin exchange-traded funds (ETFs) have cooled off, […]

TL;DR The cryptocurrency market is thriving, with notable gains in Bitcoin, Ethereum, and particularly Shiba Inu (SHIB). Shibarium’s performance and a substantial increase in SHIB’s daily transaction volume hint at a bullish future for the asset, supported by optimistic price predictions from analysts. The cryptocurrency market has started booming again in the past several hours, […]

The multi-year court case between Ripple and the SEC may be drawing closer to a conclusion, with the SEC requesting Ripple pay USD $2B in fines. Ripple’s CEO suggested that such an absurdly high figure was unprecedented, and that his company was being made an example out of. The crypto community echoed this sentiment, with […]

Messages associated with Polkadot-based meme coin jumped into top 10 on X

The native token of the FSL ecosystem, GMT, witnessed a remarkable surge of 11% in value today, accompanied by a surge in trading volume exceeding 370%. This surge in activity has drawn attention to on-chain reports from Spotonchain, shedding light on significant movements within the GMT ecosystem. Fresh wallet 0xc7e emerged as a prominent player […]

The Philippines has proceeded to block crypto exchange Binance. The country’s Securities and Exchange Commission (SEC) has concluded that the public’s continued access to Binance’s websites and apps “poses a threat to the security of the funds of investing Filipinos.” The Philippine SEC Warns Against ‘Investing in and Using Binance’ The Philippine Securities and Exchange […]

SEC Reportedly Targeted Ethereum. The SEC is pursuing an investigation to classify ether (ETH), the native cryptocurrency of the Ethereum network, as …

Digital assets manager CoinShares says institutions dumped a new weekly record of $942 million in crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says the new record outflow breaks a seven-week run of record-setting inflows. “Digital asset investment products saw record weekly outflows totaling US $942 million, the first outflow following […]

The Securities and Futures Commission of Hong Kong (SFC) has sounded the alarm against two dubious trading platforms, HKCEXP and EDY, today (Monday). In an official statement released on its website, the SFC cautioned investors about engaging with these platforms, citing suspicions of fraudulent activities. Allegations of False Claims and Withdrawal Woes According to the […]

How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The questions I have are the following: how will governments fund themselves? How do your taxes work […]

Here’s what the latest trend in the Bitcoin Market Value to Realized Value (MVRV) ratio suggests about where the market is currently in terms of a top. Bitcoin MVRV Ratio Has Seen A Decline To The 2.34 Level According to data from the market intelligence platform IntoTheBlock, the BTC MVRV ratio surged high earlier this […]

TL;DR Bitcoin reclaims $70,000 mark as BTC accumulation resumes. BTC reserves on the Coinbase exchange hit a nine-year low. Large investors accumulate a significant amount of Bitcoin, with an accumulation of over 50,000 BTC in a single day. In a surprising move for traders, Bitcoin (BTC) has once again surpassed $70,000, evidencing renewed interest in […]

CommEX, a crypto exchange that previously took over Binance’s operations in Russia after it decided to exit the country, has revealed its intention to cease operations in the country. Binance had initially announced its departure from Russia in September 2023, stating that the process would take approximately one year to complete. CommEX Announces Gradual Wind-Down […]

Van der Laan has hinted at potentially returning to Bitcoin development

A crypto strategist who accurately called the latest Bitcoin (BTC) correction says the top meme token Shiba Inu (SHIB) may be mirroring a pattern last seen during the 2021 bull market. Pseudonymous analyst Rekt Capital tells his 436,200 followers on the social media platform X that SHIB is in the process of retesting its weekly […]

Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.” Iceland’s Prime Minister to Shift Power Away From […]

In a remarkable twist that's sending shockwaves through the cryptocurrency community, a significant faction of Elon Musk's Dogecoin (DOGE) cult is …

Short positions in Bitcoin worth almost $40 million were liquidated within the past 24 hours as the cryptocurrency’s price surged upwards. As Bitcoin surpassed the $68,000 mark, short positions were swiftly eliminated, resulting in significant liquidations. During the last 24 hours, the leading digital asset by market capitalization experienced a gain of over 4.5%, contributing […]

In a follow-up to the Stock Exchange Notice issued on March 11, 2024, the London Stock Exchange (LSE) has disclosed its intention to commence accepting applications for the admission to trading of Bitcoin and Ethereum Crypto Exchange-Traded Notes (ETNs) from April 8, 2024. Regulatory Hurdles: FCA Approval Crucial for LSE’s Crypto ETN Launch The Exchange’s […]

The London Stock Exchange has announced that it will accept applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This decision follows the Exchange’s earlier notice on March 11, indicating its intention to allow the trading of Crypto ETNs in the second quarter of the year. JUST IN: 🇬🇧 […]

Crypto expert popularly known as KSI has shared his thoughts on how the Bitcoin price could progress until the peak of this bull cycle. Based on his prediction, the flagship crypto could experience significant dips on its way to a new all-time high of $100,000.  $80,000 Could Be Next For Bitcoin KSI mentioned in an […]

[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came […]

‘Rich Dad Poor Dad’ author Robert Kiyosaki unveils epic new Bitcoin prophecy