Binance co-founder Yi He held at least a 10% share in Binance’s Cayman Islands holding company, according to a new report by WSJ. A former talk-show host, Yi He, reportedly holds significant influence over the marketing and investment sectors of the company. She also assumes the role of the largest shareholder within the firm in […]
Digital asset investment products saw $2.25 billion of inflows in 2023, marking it as the 3rd largest year for inflows since 2017, according to the newest report by CoinShares. The inflows represented a dramatic turnaround from 2022 when they totaled just $831 million. Their visible acceleration since the year’s second half shows the industry’s eager […]
There is an upswing in social media mention of ARB, the native token of Arbitrum, a layer-2 scaling solution for Ethereum, suggesting growing interest and potential for price gains. According to AlphaScan data on January 4, ARB had the “best sentiment” in the last 24 hours, with more than 40% of all weekly mentions occurring within […]
As the cryptocurrency space continues to thrive, all eyes are on the potential approval of a Bitcoin Spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC). In the midst of this, Cardano (ADA) has emerged as a noteworthy player in 2024, showcasing significant market momentum through increased trade volume and innovative blockchain […]
Popular crypto analyst Altcoin Sherpa names two altcoins he believes will soon soar to values last reached in 2022. The pseudonymous analyst tells his 204,300 followers on the social media platform X that Stacks (STX) could soon soar beyond its recent high of $1.73, a level it hasn’t traded above in nearly two years. “STX: […]
A Solana-based (SOL) altcoin is surging as the top US crypto exchange platform adds it to its listing roadmap. In a new announcement, Coinbase says it will be adding the decentralized global mapping network Hivemapper (HONEY) to its listing roadmap, meaning it could soon add support for it. The move caused the digital asset to […]
Jihan Wu, co-founder of Matrixport, stepped forward to address the criticisms and market manipulation allegations sparked by a recent Bitcoin report from his firm. Following the abrupt drop in BTC’s price on January 3, linked to the Matrixport report, Wu came forward to dispel doubts. In his message on the X platform (formerly Twitter), Wu […]
Bitrue, established in 2018, is a global top-10 cryptocurrency trading platform. As of now, the platform serves over 10 million users worldwide, spanning across 100 countries and regions, including Europe, Japan, South Korea, SEA, Hong Kong, Taiwan, etc. Bitrue is among the earliest platforms globally to offer XRP contract trading, boasting a third of global […]
The XRP price was one of the slowest gainers of 2023, increasing by only 100% from January 1 to December 31. Despite this lack of momentum, a bullish XRP prediction that suggests the price will increase to at least $11 is making the rounds on X. Bullish XRP Prediction Cryptocurrency analyst and well-known XRP bull […]
A lawyer known for representing XRP holders has volunteered to testify at a congressional hearing on digital assets
Cryptocurrency is once again poised to be the financial story of the year. Accordingly, VettaFi will be hosting the Cryptocurrency Symposium on …
Many commentators compare Bitcoin with gold, the idea being that its finite supply makes it an attractive long-term store of value. There have been historical examples of broad adoption of gold currencies, such as the British Empire’s sovereign and half-sovereign. However, adoption of the sovereigns was often promoted and directed by the British imperial government, […]
The cryptocurrency market has seen red in recent days, with major coins like Bitcoin (BTC) and Ethereum (ETH) dropping sharply from their December peak. Meme coin Bonk (BONK), which had seen massive gains in the past few weeks, has shed over 10% since yesterday amid the broader crypto decline. However, while most altcoins post losses, […]
Chelsea Football Club has closed a sleeve sponsorship deal with BingX, a prominent cryptocurrency exchange. This partnership will allow BingX’s brand to appear on the club’s kits for the remainder of the English Premier League (EPL) season. Additionally, according to a report by The Athletic, there are plans to have the company’s logo appear on […]
Tron price is holding gains above the $0.1050 support against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1105. Tron is moving higher above the $0.1050 resistance level against the US dollar. The price is trading above $0.1065 and the 100 simple moving average (4 hours). There is a key rising […]
Regulators in the European Union will reportedly probe into the connection between banks and non-bank financial institutions (NBFIs) amid concerns that stress in the so-called shadow banks may cascade into the wider financial system. According to a new report from Financial Times, European Banking Authority (EBA) chair José Manuel Campa says that regulators will ramp […]
A widely followed crypto analyst is diving into the crypto markets as Bitcoin (BTC) plateaus and altcoins see “massive liquidations.” Crypto trader Michaël van de Poppe tells his 680,800 followers on the social media platform X that altcoins underwent their biggest day of liquidations yesterday in the past two years. “Massive liquidations today, the largest for Altcoins […]
Following months of lackluster movement due to the absence of positive volatility, Polygon (MATIC) has finally amassed enough strength to breach the $1.00 mark. At the same time, Borroe Finance ($ROE) presents a jaw-dropping projection, indicating a potential 128.5% increase in the DeFi coin price. Let’s discover what the future holds for these top crypto […]
James Gorman, executive chairman of Morgan Stanley, recently expressed skepticism about Bitcoin’s role as a core investment
… cryptocurrency into investment portfolios. From allocating a small percentage to cryptocurrencies to diversifying with crypto-related stocks …
The SEC has been busy, meeting with all of the potential issuers of spot Bitcoin ETFs with active applications in December. These meetings have resulted in the universal adoption of a cash creation methodology by those issuers instead of “in kind” transfers, as is typical for other ETFs. Much has been said about this change, […]
A group of former Citigroup executives have announced plans to launch a groundbreaking initiative that could revolutionize the way institutions access Bitcoin investments. This new company, called Receipts Depositary Corp. (RDC), aims to offer what is known as Bitcoin Depositary Receipts (BTC DR), which resemble American Depositary Receipts (ADR) used to represent foreign stocks in […]
Morgan Stanley Executive Chair – James Gorman has called Bitcoin a speculative asset. Yet he believes it isn’t a fad and is not going away. It’s been 15 years since the first Bitcoin block was mined. However, the flagship crypto asset has now gained increased attention from traditional finance players due to the applications of […]
As the cryptocurrency industry evolves, Ethereum (ETH) stands out as a major contender for significant price gains in 2024. This projection is grounded in a series of factors and expert insights. Subsequently pointing toward a bright future for the second-largest digital currency. Ethereum Is Ready to Outperform Ethereum witnessed the successful implementation of the Shanghai […]
The meme coin market has cooled off in the past week, with most established tokens posting losses. However, AI model ChatGPT has offered some bullish 2024 price forecasts for two major meme coins, Pepe (PEPE) and Sponge V2 (SPONGEV2), suggesting that a market revival could be on the cards. Meme Coins Pull Back as Investor […]
The SEI token from the Sei Network has witnessed a remarkable 80% increase in value in the past week, as most of the leading cryptocurrencies drown in red amid wild speculations about the approval of a Bitcoin ETF by the US Securities and Exchange Commission that wobbled the market. SEI’s strong performance today has put […]
Ethereum price dipping alongside rest of crypto market
SEALSQ Corp. announced that in a significant leap forward for the IoT industry, it will unveil its revolutionary cryptocurrency protocol, SEALCOIN …
The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia’s financial center. New guidelines from the Securities and Futures Commission are paving the way. Since Hong Kong FinTech Week last […]
The excitement surrounding the launch of Bitcoin exchange-traded funds (ETFs) is palpable in the cryptocurrency community. However, beneath the surface of this enthusiasm lies a complex web of risks that investors need to be aware of. Meanwhile, retail investors are increasingly showing confidence in digital assets like Filecoin and the memecoin Rebel Satoshi (RBLZ), highlighting […]
Ex-Goldman Sachs executive Raoul Pal says that a massive bubble cycle could be on the horizon for crypto markets. In a new interview with crypto influencer Scott Melker, the macro guru and Real Vision chief executive says that while he believes the current market cycle is probably a normal one, there’s also a 20% chance […]
Popular crypto analyst Jason Pizzino is updating his 2024 outlook for Bitcoin (BTC) and the broader crypto market. In a new YouTube strategy session, Pizzino tells his 303,000 subscribers that the history Bitcoin’s four-year cycles indicates this year could bring sizeable gains. Pizzino notes that 2024 is a US election year, which he says has […]