An on-chain Bitcoin metric is suggesting that holders of BTC currently have very strong hands and are hesitant to let go of their coins, according to a Glassnode analyst. In a new video update posted to the social media platform X, Glassnode’s lead on-chain analyst, who goes pseudonymously as Checkmatey, takes a look at the […]
Ripple’s Chief Technology Officer, David Schwartz, has shown his support for the proposed governance changes within the XRP Ledger Foundation (XRPLF). The move comes in response to a comprehensive proposal by XRP Ledger developer David Fuelling, aiming to enhance transparency and decentralization within the XRPL governance systems. Open Dialogue and Community Involvement In a recent […]
Bitcoin is back above $43,000 just days after making a swift recovery from below $40,000 to $42,000. This trend reversal is believed to be due to a number of recent developments that have painted a bullish narrative for the flagship crypto token. The Grayscale Effect Is Wearing Off Bloomberg analyst James Seyffart recently highlighted how […]
TL;DR Binance has announced a strategic partnership with major Swiss banks. This move is aimed at bolstering Binance’s position. The partnership signifies Binance’s commitment to adhering to regulatory norms and improving its compliance procedures. This partnership could pave the way for more mainstream financial institutions to embrace cryptocurrencies. Binance, one of the largest and most influential crypto exchanges, […]
TL;DR Fidelity’s Bitcoin ETF, FBTC, attracted daily inflows of $208 million on January 29, surpassing GBTC outflows for the first time since its launch. Nine new ETFs accumulated $994.1 million on January 29, nearly double GBTC’s volume, with BlackRock and Fidelity leading with $460.9 million and $315.4 million, respectively. Competition in U.S. ETFs led to […]
A Hong Kong company has submitted the first application for a Bitcoin spot ETF to the local Securities and Futures Commission with plans for expedited approval and listing after the Chinese New Year. This move has garnered significant interest from Hong Kong family office investment managers, despite expectations of lower subscription volumes compared to the […]
Chinese property development company becomes ‘world’s most indebted’ after a recent forced liquidation ruling. Despite the long-running saga, there are fears recent developments could put further pressure on the Chinese economy, and increase volatility in both traditional and crypto markets. A Hong Kong court has ordered the liquidation of Chinese property development giant, Evergrande, following […]
The downward trend, in 2023 had an impact on all cryptocurrency applications across blockchains. Ethereum (ETH) is currently experiencing below-average performance following the crisis and the decline in crypto markets. Like Ethereum (ETH), several web3 projects operating on parallel blockchains with the proof of stake consensus model, have also suffered the same greater losses. Examples […]
Can local rise of Ethereum (ETH) and Solana (SOL) continue?
The U.S. Department of Justice has announced significant charges against three individuals involved in a $1.89 billion cryptocurrency fraud scheme.
For the first time since launch, BlackRock’s spot Bitcoin ETF is outpacing the Grayscale Bitcoin Trust (GBTC) in terms of trading volume so far today, according to Bloomberg ETF analyst James Seyffart. BlackRock’s spot Bitcoin ETF volume surpassing GBTC for the first time hints at a slow down in outflows for Grayscale’s ETF, which has had […]
Digital assets manager CoinShares says institutions are pulling out of crypto exchange-traded products (ETPs) to the tune of $500 million weeks after the U.S. Securities and Exchange Commission (SEC) approved a spot BTC exchange-traded fund (ETF) earlier this month. In its latest Digital Asset Fund Flows report, CoinShares finds that even though crypto investment products saw massive […]
Anthony Scaramucci – founder of SkyBridge Capital – predicts that the next Bitcoin (BTC) halving will catapult the asset’s price to $170,000 per coin. His latest estimate is based on Bitcoin’s consistent track record of tapping new all-time highs following the “halving” – a roughly one-in-four-year event that cuts the rate at which new BTC […]
In this article, we will explore the finest Web3 and DeFi wallets that offer substantial advantages to crypto users. While Web3 wallets and DeFi wallets share a strong connection, it’s important to understand their distinctions. By highlighting the top wallets in both categories, we aim to provide users with valuable insights into the wallets that […]
A trader who nailed Bitcoin’s (BTC) 2018 bear market bottom believes that one Ethereum (ETH) rival is poised for a big burst to the upside. Pseudonymous analyst Bluntz tells his 238,500 followers on the social media platform X that Solana (SOL) appears to have completed an ABC corrective wave. Bluntz says that he now expects […]
In financial spectacle, Bitcoin, Ethereum and XRP orchestrated multimillion-dollar transactions today, sparking intrigue and strategic shifts
DOJ and SEC unveil charges in $1.9 billion cryptocurrency fraud scheme. Published 5 mins ago. This is breaking news. Please check back for updates …
Today, Google has revised its advertising guidelines, now permitting cryptocurrency trusts, such as Bitcoin Exchange-Traded Funds (ETFs), to promote their products. Spot Bitcoin ETF issuers such as BlackRock and Franklin Templeton have wasted no time in marketing their funds, with advertisements already starting to emerge. This revision comes at an interesting time as the discussion […]
TL;DR OKX leads by being the first multi-chain wallet to offer support for new enrollment standards, marking a milestone in the crypto revolution. OKX implements a gradual strategy, incorporating Stamps, Atomicals, Runes and Doginals in its Web3 Wallet, expanding options and consolidating itself as a leader in Web3 registrations. OKX Marketplace continues this integration, allowing […]
DeFi Lending has breached the $30 billion milestone thanks to Chainlink’s secure, decentralised oracle feeds. Chainlink collaborates with most major lending protocols, including Aave and Compound. The Chainlink team has proposed they incept a Chainlink DeFi Yield Index (CDY Index) to help standardise and streamline borrowing/lending within the industry. The CDY Index would aggregate DeFi […]
Investors of some of the best-established cryptos expected renewed momentum in 2024 with the promise of a scheduled Bitcoin (BTC) halving event and likely return to bull market conditions. However, Ethereum (ETH) and Solana (SOL) have succumbed to the continuing bearish sentiment, while new e-commerce crypto Pushd (PUSHD) has hit the ground running with its […]
The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply for a spot Bitcoin exchange-traded fund (ETF) with local regulators. This move aligns with Hong Kong’s preparations for its first wave of […]
Bitcoin advocate and CEO of Jan3, Samson Mow, has pinpointed a range of macroeconomic indicators that could signal an impending rally for Bitcoin. Mow focuses on exchange-traded inflows (ETF), Bitcoin’s Hashrate, and whale activity on prominent exchanges like Bitfinex. The Jan3 CEO also mentioned the 200-week moving average (WMA) in forecasting Bitcoin’s trajectory. The recent […]
Samson Mow has shared top 10 Bitcoin price indicators he is keeping tabs on
DOJ and SEC unveil charges in $1.9 billion cryptocurrency fraud scheme. Published 6 mins ago. This is breaking news. Please check back for updates …
TL;DR @XRPcryptowolf, with 319,500 followers, doubts an XRP ETF in 2024, comparing it to the widespread approval of the Bitcoin ETF. @Christo4489 sees an XRP ETF as a “unicorn,” focusing on regulatory classification following Ripple’s lawsuit with the SEC. The XRP community is divided between doubts and alternative suggestions, such as the possibility of ETFs […]
The expected improvement in crypto market conditions ahead of the scheduled Bitcoin (BTC) halving and potential bull run hasn’t seen favorable price movements from all crypto coins. For instance Litecoin (LTC) has hit the buffers in 2024 with its investors flocking to Toncoin (TON) and the brand-new Pushd (PUSHD) e-commerce presale. Toncoin (TON) diversifies ecosystem […]
Following the recent approval of spot Bitcoin ETF (Exchange-Traded Funds) in the US and guidelines from Hong Kong’s Securities and Futures Commission (SFC) published in December of 2023, there has been increasing speculation about the launch of a spot Bitcoin ETF in Hong Kong this year. In a recent development, the first spot Bitcoin ETF […]
Ripple’s correction in January was a significant event because it enjoyed key support at the $0.62 level for the two months spanning November and December. Furthermore, over that time period, XRP charted a falling wedge pattern, often a technical indicator of a reversal to a bullish trend. All the major Ripple news over that time […]
First major financial decision by Federal Reserve expected to shake up market
… cryptocurrency fraud scheme known as HyperFund, as well as by other names. The Securities and Exchange Commission in a related civil action …
A closely followed analyst thinks that Bitcoin (BTC) may be in the process of creating a pattern that could reignite bullish momentum for the crypto king. Last week when Bitcoin was trading below $40,000, pseudonymous analyst Cheds told his 322,600 followers on the social media platform X that BTC would flash a bullish signal if […]