TL;DR Galaxy Asset Management (GAM) recently surpassed $10 billion in assets under management (AUM). The increase in institutional interest in digital assets has been a key factor in GAM’s growth, with a 24.8% increase in February. GAM’s success is attributed to a variety of investment strategies, including the launch of the Invesco Galaxy Bitcoin ETF […]
TL;DR In the last 4 days, three smart Ethereum traders sold a significant amount of ETH, making substantial profits. The massive sale of ETH by these traders comes amid a drop in the price of Ethereum. The combined profits of the three traders amount to $39 million, suggesting a successful strategy of capitalizing on market […]
Bitcoin has experienced a sharp decline from its March 14 high of over $73,600 to today’s low of under $60,800, translating to a -17% loss in value. This significant drop has prompted a flurry of activity on social media platforms, particularly X (formerly Twitter), where crypto experts have been fervently discussing the potential reasons behind […]
At the Game Developers Conference on Tuesday, layer-1 blockchain network Saga announced the creation of a new game publishing division called Saga Origins. It also revealed a new mainnet launch target as the recent airdrop claim continues. The publishing arm will offer a “full service and collaborative approach” to bringing games to market, including support […]
Along with a post-peak Bitcoin price drop, the red-hot market for spot Bitcoin ETFs is apparently cooling as well. Bitcoin now is trading well below its 2021 all-time high of $69,044 despite flipping the market cap of silver and skyrocketing to new levels above $73,000 per coin last week. One reason? The massive amounts of […]
In the latest pre-halving meltdown, Floki’s volume decreased significantly and continued to correct lower. As a result, it lost almost 40% of its value in the last seven days, making it the current top loser in the market. When Floki started to increase in late February, the price went through several resistance levels and entered […]
Following his departure from the crypto exchange Binance last November, the company’s founder and former CEO Changpeng Zhao, also known as “CZ,” is looking to establish a non-revenue, free education project. The new venture targets underprivileged kids who have no access to education in developing countries. A Free, Online Education Platform for Children In an […]
A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov, establishes different responsibilities for platform participants and the Central Bank of Russia, which is appointed as the main AML […]
Severity of correction we’ve witnessed turns out to be much higher than expected
In a surf town in El Salvador nicknamed "Bitcoin Beach," shopkeeper Maria Aguirre watched with delight as the cryptocurrency — and her investment …
LQWD Technologies Corp., an infrastructure and liquidity provider for the Bitcoin Lightning Network, has announced a new partnership with Amboss Technologies Inc. to become their premiere Lightning Network Liquidity Service Provider (LSP), according to a press release sent to Bitcoin Magazine. As part of the partnership, LQWD will contribute an initial 10 Bitcoin in liquidity to […]
A widely followed on-chain analyst thinks that Bitcoin (BTC) is just taking a breather before rallying to fresh all-time highs. Analyst Willy Woo tells his 1 million followers on the social media platform X that the Bitcoin Risk Signal, which compares BTC’s network flows to price action, suggests that the crypto king is not yet […]
Injective Protocol, a decentralized finance-centric platform, has launched TokenStation. In a blog post on March 18, Injective said the solution, deployed on its mainnet, allows users to launch native tokens. With this tool, Injective said it would empower anyone to create their tokens in a low-fee and scalable environment. Injective Launches TokenStation, Strikes Key Partnership The […]
TL;DR Flash Crash on BitMEX: Bitcoin’s price briefly dropped to $8,900 from around $67,000 in a sudden ‘flash crash’ on the BitMEX exchange, while other platforms showed no such drop. Whale Activity Speculation: The crash is speculated to have been caused by a ‘whale’ selling over 400 BTC, leading to a temporary halt of withdrawals […]
In the whirlwind world of cryptocurrency, where volatility is the norm and the next big thing is always around the corner, investors are constantly on the lookout for opportunities to balance their portfolios and hedge against unpredictable swings. The latest trend in this financial saga involves the meme coin Pepe (PEPE), which has recently seen […]
Investment giant BlackRock filed documents with the U.S. Securities and Exchange Commission on Thursday to launch a tokenized asset fund. The total size of the fund was not disclosed. Registered in the British Virgin Islands in 2023, the BlackRock USD Institutional Digital Liquidity Fund will act as a pooled investment fund. According to BlackRock, the […]
Bitcoin.com, a leading figure in the world of cryptocurrency and blockchain technology, is thrilled to announce a significant enhancement to the utility of its ecosystem token, VERSE. In a groundbreaking collaboration, VERSE has now been integrated with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. This integration heralds a new era of […]
How great is chance to see further drop of Bitcoin (BTC), Ethereum (ETH) and XRP?
It has been 15 years since the creation of the leading cryptocurrency. Let's take a look at how it started and how it got here.
For the past decade, the abbreviations AML and KYC have become an inextricable part of our lives. To help law enforcement track illegal funds, an increasingly constraining set of anti-money-laundering measures is being implemented across the globe. For the past two decades, it has involved extensive know-your-customer obligations for financial institutions, forced to check their […]
The CEO of Coinbase is revealing what he thinks the most important use cases for cryptocurrencies are. In a new Coinbase blog post, Coinbase CEO Brian Armstrong attempts to answer the question “what is crypto even useful for?” First, Armstrong says that out-of-control money printing has caused an increasing level of economic inequality via inflation […]
A closely followed crypto strategist believes one Ethereum (ETH) competitor is primed to print gains of more than 2x this year. Pseudonymous analyst Altcoin Sherpa tells his 211,900 followers on the social media platform X that he thinks Solana (SOL) will see new all-time highs this year. But while the crypto strategist is long-term bullish […]
Binance disclosed in its 16th proof-of-reserves (PoR) snapshot that its assets exceeded $100 billion as of March 18. The exchange views this milestone not merely as an “arbitrary number” but as evidence of continued trust in Binance and a strong indication of the crypto markets’ solid performance. Binance’s User Asset Holdings Surge In a blog […]
The crypto exchange Coinbase has received support from various groups as it challenges the US Securities and Exchange Commission (SEC) to develop specific regulations for the digital assets market. The lack of a clear regulatory framework in the US has led businesses to seek more favorable conditions overseas, driving the urgency for clear rules. Coinbase, […]
The crypto market is down as most cryptocurrencies have registered red numbers for the past few days. Expectations of making big profits out of the bullish sentiment are momentarily halted. And while many patiently wait for the prices to rise again, others are seemingly looking for different options to make their bags. Crypto Presale Frenzy […]
TL;DR Dune and Colorful Notion have integrated data from the Polkadot ecosystem into the Dune platform. Users of Dune can now access data from Polkadot and Kusama, as well as six selected parachains. The collaboration improves accessibility and allows for exploring activities in the DOT ecosystem with clarity and precision. The data analysis platform Dune […]
TL;DR Sygnum tokenizes $50 million of Matter Labs treasury reserves on the zkSync blockchain. Security tokens issued by Sygnum represent units of Fidelity International’s Institutional Liquidity Fund (ILF). This initiative strengthens the bridge between crypto and traditional finance, laying the foundations for a fully tokenized ecosystem. In a significant step towards merging traditional finance and […]
As the crypto universe expands, 2024 has marked a significant milestone with the announcement of one of the biggest giveaways the sector has seen – a staggering $888K competition hosted by Option2Trade (O2T). This monumental event has caught the attention of various crypto communities, particularly the Pepe (PEPE) community, known for its vibrant and engaged […]
Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court, including claims by retail investors in […]
Thanks to recovering market, numerous assets might return in uptrends
Grab users can now pay in cryptocurrency following a partnership between the tech company and licensed payments provider Triple-A.
After prolonged delays, Cardano introduces its first fully fiat-backed stablecoin, USDM by Mehen, which launched 17 March. Unlike algorithmic stablecoins, USDM is backed 1:1 by US dollars, offering direct exchange for USD with transparent, high-quality reserves. Despite the introduction of USDM, ADA’s price faces a downward trend, losing almost 15% week-on-week. Meanwhile Cardano leads in […]