In a surprising turn of events, a wallet associated with the Polygon Foundation recently transferred 9 million MATIC tokens to Binance, one of the leading cryptocurrency exchanges, sparking significant attention within the crypto community. According to insights from analytics firm Spotonchain, Wallet 0x57f, which is linked to the Polygon Foundation, executed the transfer of 9 […]
Since the introduction of spot Bitcoin ETFs earlier this year, GBTC has experienced substantial outflows, resulting in its AUM (Assets Under Management) decreasing to $23.7 billion as of Thursday. While Grayscale has maintained its leading position among its competitors, its market share appears to be dwindling. Receding GBTC Outflows Between January 11-21, the Grayscale Bitcoin […]
In the ever-evolving landscape of Bitcoin, changes can be hard to keep up with. As we enter into a new year, it’s important to be mindful that significant industry shifts and expansions will likely occur. The increase in regulatory measures we’ve seen over the last year is expected to continue well into 2024 and stands […]
The “points” meta has overtaken the crypto space as of late, and NFT marketplaces across Ethereum, Solana, and Bitcoin are jumping on the bandwagon (and in some cases driving it) in an attempt to win the hearts, minds, and wallets of traders everywhere. Will points translate to token airdrops? Will the NFT market return to […]
Avalanche continues to build bridges with the traditional finance world. Global bank Citi announced Wednesday that it used Avalanche—the blockchain behind the 10th biggest cryptocurrency, AVAX—to explore the tokenization of private funds. The global bank said that it worked with Wellington Management and WisdomTree to carry out its proof-of-concept trial. The takeaway? “Smart-contract capabilities” could […]
The digital asset firm Nexo has announced its partnership with Sift, aiming to upgrade its fraud prevention mechanisms. The collaboration between the duo is expected to streamline and secure the user experience for Nexo’s customer base, which exceeds six million globally. Nexo to Leverage Sift’s Fraud Protection Services By integrating Sift‘s payment protection and account […]
A popular crypto analyst is laying out bullish price targets for a Chainlink (LINK) rival that’s already surged nearly 85% since the beginning of 2024. The pseudonymous trader known as Altcoin Sherpa tells his 207,200 followers on the social media platform X that he plans to use Fibonacci extensions for targets for the data aggregating […]
Renowned investor and entrepreneur says banks are not buying US debt, predicts Bitcoin price surge
Bitcoin price is holding gains above the $52,000 resistance. BTC is consolidating gains and might aim for more upsides toward the $55,000 resistance. Bitcoin price is showing positive signs below the $52,800 resistance zone. The price is trading above $51,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming […]
… cryptocurrency setbacks, including scandals. The world's biggest cryptocurrency reached $52,749, a high since December 2021. Its market …
TL;DR Cardano’s Total Value Locked (TVL) has experienced a 166% increase quarter over quarter, solidifying it as one of the leading DeFi platforms in the crypto market. Minswap remains one of the most popular dApps on Cardano, but the entry of new players like Indigo expands the platform’s DeFi ecosystem. The Midnight project will provide […]
If you want to remove custodial risk from your bitcoin holdings, you must take self-custody. Bitcoin custody is determined by whoever has the keys to control the bitcoin—if you aren’t holding the keys to your bitcoin, then someone else is. As the saying goes, not your keys, not your coins. Once someone decides that they […]
In a remarkable turn of events, the gaming NFT and rental token, $PROM, has experienced a staggering surge of over 78% in the past 24 hours. Of course , this is accompanied by a remarkable 3300% increase in its 24-hour trading volume, propelling it to achieve a new yearly high at $14.64. This surge in […]
Brian Nelson was grilled during a House Financial Services Committee hearing providing oversight of the Financial Crimes Enforcement Network (FinCEN) and the Office of Terrorism and Financial Intelligence, according to a press release from Representative Tom Emmer on Feb. 14. Treasury Undersecretary Brian Nelson had to answer for reports that Hamas received $41 million and […]
PRESS RELEASE. February 15, 2024, London, UK — In a remarkable story one Bitcasino.io player has won a huge jackpot and another big win in the space of a few weeks, earning a massive $4.5 million dollars. Bets were placed in USDT cryptocurrency, with joy found in a Max Win, followed by a Big Win […]
Gary Gensler repeated the SEC emphasis on merit neutrality towards these Bitcoin and related ETFs. He also expressed scepticism about Bitcoin’s decentralisation, noting the significant market volume controlled by a few crypto exchanges. Gensler remains cautious about the industry and described Bitcoin merely as an “accounting ledger.” He had a final pun for one of […]
Ran Neuner suggests this crypto bull-run could be unprecedented in scale and potentially the last of its kind. The current bull market is distinguished from past ones by a shift from leveraged speculation to institutional investment. The trend away from retail-driven, speculative trading to strategic macro asset allocation by global financial institutions marks this bull […]
SEC Chair Gary Gensler has discussed the challenges of regulating the volatile cryptocurrency market
Bitcoin has been on an absolute tear, surpassing $52,000 for the first time since December 2021. The leading digital asset has already climbed over 23% in 2024, and a major driver of this meteoric rise has been the influx of institutional money entering the space through spot Bitcoin ETFs. Bitcoin’s mainstream credibility among traditional investors […]
U.S. Cryptocurrency Payment Apps Market Forecasted to Surge, Study Reveals Trends and Segment Insights Through 2030. February 15, 2024 11:56 ET | …
Cryptocurrency analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin (BTC) amid the flagship digital asset recording a double-digit gain over the past seven days. Van de Poppe tells his 693,200 followers on the social media platform X that net inflows into the spot Bitcoin exchange-traded funds (ETFs) are a bullish […]
In an unexpected turn of events, Elizabeth Warren, the long-time adversary of Bitcoin on Capitol Hill, has seen the orange-tinted light and quite literally raised a flag to praise the work of Bitcoin’s anonymous creator, Satoshi Nakamoto, celebrating 15 years since the network launched. In participation of the Capitol Flag Program, Senator Warren’s office submitted […]
TL;DR TRON announces a layer 2 solution for Bitcoin, promising to improve Bitcoin’s accessibility and facilitate the integration of a wide range of tokens. The initiative reflects its commitment to innovation and continuous improvement of blockchain capabilities, seeking to decentralize and connect different types of tokens with the Bitcoin network. This announcement comes with Bitcoin […]
TL;DR Gold ETFs have seen a significant reduction in investments in 2024, with the top 14 suffering a loss of $2.4 billion as of February 14, 2024. The most substantial reductions were observed in BlackRock’s iShares Gold Trust Micro and iShares Gold Trust. Bitcoin ETFs have experienced a surge in capital inflow, with the ten […]
In the past three months, API3 has witnessed a remarkable surge in value, climbing by more than 135%. This substantial increase reflects the growing recognition within the market of API3’s potential to revolutionize decentralized APIs by providing a more efficient and decentralized data source for smart contracts. Launched in December 2020, API3 aims to redefine […]
Ripple’s price has been unable to break out definitively in the past few months. In fact, XRP is down 5% in the past 30 days, while most of the other cryptocurrencies are charting gains. Nevertheless, the past couple of weeks have seen XRP regain some of its standing, increasing by some 11%. In the last […]
According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial wallet platform Rockwallet has taken over Wyre’s entire customer base. On Thursday, Rockwallet announced it has been reaching out to customers to ensure a smooth transition in their digital asset endeavors, eliminating the need for […]
Fidelity playing long game in Europe as it slashed its Bitcoin ETP fees
Wintermute Asia, the digital asset trading division of algorithmic trading firm Wintermute Group, announced today (Thursday) the addition of contract for difference (CFD) crypto products to its over-the-counter (OTC) derivatives suite. Wintermute Asia Expands OTC Derivatives Offering with New CFD Product According to the company, the new CFD offering aims to meet growing demand from […]
Bitcoin (BTC) Spot Exchange-Traded Funds (ETFs) are currently in the limelight as the products have seen massive net inflows in the past few days than in the initial weeks of introduction, dominating the market of crypto investment products. Bitcoin ETF Inflows Surges In The Last 4 Days Thomas Fahrer, the co-founder of Bitcoin tracking platform […]
A widely followed cryptocurrency analyst and trader is predicting more upside for an altcoin that has soared by triple digits over the past couple of months. The analyst pseudonymously known as Bluntz tells his 239,700 followers on social media platform X that the native token of the layer-1 blockchain Sei (SEI) could skyrocket by approximately […]
Outflows from GBTC are starting to slow, as inflows into Bitcoin spot ETFs reach new levels. Bitcoin has long been seen as an alternative to digital gold, but that idea is starting to become reality thanks to the greater accessibility of the Bitcoin ETF. Nearly USD $2B has been moved out of gold ETFs since […]