The Swiss National Bank (SNB) announced a twenty-five basis point cut to its benchmark interest rate on Thursday, bucking a global trend among other central banks committed to keeping rates elevated. Should others follow, it could be a promising sign for crypto markets—which have ...
READ MORE +BlackRock, the world’s largest asset manager, has applied with the SEC to launch a tokenized investment fund named the “Blackrock USD Institutional Digital Liquidity Fund” on the Ethereum blockchain. Reportedly, the AUM has seeded $100 million for this venture. Following digital asset ...
READ MORE +The daily trading volume on the Ethereum Layer 2 network, Base, surged to hit a new high of $356 million on Tuesday, representing about a 51% jump from Monday, according to DefiLlama data. Base’s total value locked (TVL) also reached a new all-time high, amassing a total of $745.3 million, ...
READ MORE +A new development has emerged in the courtroom showdown between Ripple and the U.S. Securities and Exchange Commission (SEC). The two parties filed a joint proposal to seal sensitive material related to the forthcoming remedies-related briefing in the suit. Upcoming Briefings Will Be Kept ...
READ MORE +Proof-of-stake (PoS) layer-1 (L1) blockchain protocol Cardano (ADA) has firmly established itself as the vanguard of development activity within the blockchain ecosystem. Recent data from crypto analytics platform IntoTheBlock (ITB) has revealed that Cardano’s GitHub commits have eclipsed ...
READ MORE +OP +12.47% Labs, the core developer of Optimism, released fault proofs on the OP Sepolia testnet before their upcoming implementation on the OP Mainnet. “Open-source, feature-complete fault proofs are live on OP Sepolia. With permissionless validation, anyone can participate in the ...
READ MORE +FTX founder Sam Bankman-Fried’s lawyers submitted a letter to District Judge Lewis Kaplan on Tuesday, challenging the sentencing proposal from the Department of Justice last week. “With marked hostility, the memorandum distorts reality to support its precious ‘loss’ narrative and casts Sam as ...
READ MORE +Crypto analyst Michaël van de Poppe delved into the intricate dynamics of Polkadot’s (DOT) market performance, offering a distinctive perspective. He discerned a notable uptick in positive momentum for Polkadot, as evidenced by its consistent pattern of achieving higher highs and lower lows ...
READ MORE +Bitcoin’s drop below $64,000 led to over $440 million in losses for futures traders, with significant liquidations on Binance and OKX exchanges. Major cryptocurrencies like Ethereum, Solana, and Dogecoin also suffered losses, with expectations of bitcoin falling further to $55,000 amidst ...
READ MORE +Global cryptocurrency exchange Binance has requested prime brokers, such as FalconX and Hidden Road, to ramp up their screening processes of clients to prevent having U.S. investors on the exchange, Bloomberg reported on Tuesday, citing people familiar with the matter. As prime brokers mainly ...
READ MORE +That huge red candlestick showing Bitcoin crashing 80% on BitMEX was not a bad dream. Bitcoin (BTC) experienced a sudden and significant flash crash on the cryptocurrency exchange BitMEX late Monday. The price of BTC plummeted to as low as $8,900, a stark contrast to the prices on other ...
READ MORE +British multinational Standard Chartered isn’t just bullish on Bitcoin—Ethereum is also going to the moon, its analysts say. A Monday report from the bank claimed that the second-biggest digital asset could hit $8,000 by the end of this year, and $14,000 is possible by the time 2025 is up. ...
READ MORE +Changpeng Zhao, former CEO of the crypto exchange Binance, teased a new project on Monday. The project will be educational and have no new tokens, Zhao wrote on the social media platform X. Other than that, he said, more details soon." Zhao stepped down as CEO of Binance in November 2023 in a ...
READ MORE +Cardano founder Charles Hoskinson took to X to tackle the ongoing FUD around its partner firm, World Mobile, whose ties go back to April 2021. In the post, he doubled down on the alliance, emphasizing the need for a heterogeneous protocol that handles complex hardware, licensed spectrum, ...
READ MORE +NAV, a pioneering quantitative hedge fund, is making significant strides in bridging the gap between traditional finance and the decentralized finance (DeFi) ecosystem through its suite of regulatory-compliant Structured Investment Products (SIPs). As a registered entity in the British ...
READ MORE +The floor price of NodeMonkes, Bitcoin’s premiere non-fungible token (NFT) collection, surged by over 50% in the past 24 hours, surpassing Bored Ape Yacht Club in market capitalization on Monday morning in Asia, according to CoinGecko data. As of 11:00 a.m. Hong Kong time, the floor price of ...
READ MORE +United States prosecutors want Sam Bankman-Fried, the disgraced founder of the bankrupt FTX exchange and convicted fraudster, to spend up to 50 years in prison. This development comes as Bankman-Fried’s sentencing is scheduled for later this month after his dramatic fall from grace. Sam ...
READ MORE +Ethereum's latest upgrade, Dencun, was activated on March 13 — but the previous high-profile upgrade has helped decrease the total supply of ether substantially. As of mid-week, the total supply of ether declined to its lowest level since August 2022, according to data from CryptoQuant cited ...
READ MORE +Advertisement    Binance CEO Richard Teng has shared his bullish stance on Bitcoin, predicting that the cryptocurrency will soar above $80,000, driven by increasing institutional investments in crypto-backed exchange-traded funds (ETFs). Speaking at an event in ...
READ MORE +President Nayib Bukele has reaffirmed El Salvador’s unwavering commitment to Bitcoin by announcing the country will continue purchasing one Bitcoin per day until the cryptocurrency can no longer be acquired with legal tender. This latest proclamation solidifies El Salvador’s position as a ...
READ MORE +Advertisement    In a plot twist that could be straight out of a crypto thriller, a Bitcoin wallet that lay dormant for 13 years and nine months suddenly sprang back to life, reactivating after nearly a decade and a half. The wallet, a relic from Bitcoin’s early ...
READ MORE +Two US Democratic senators are urging the Securities and Exchange Commission (SEC) chair, Gary Gensler, not to approve any further crypto-based spot exchange-traded funds (ETFs), citing “enormous risks” to retail investors. Senators Urge SEC: No More Crypto ETFs In a March 11 letter sent to ...
READ MORE +Solana (SOL) has shown remarkable grit and determination to remain afloat through a major market slump. While both Bitcoin and Ethereum witnessed sharp declines, with Bitcoin plummeting from its all-time high to $65,000 and Ethereum retracing to $3,571, SOL experienced a dip from its peak of ...
READ MORE +MicroStrategy has amassed a 205,000 Bitcoin corporate treasury worth nearly $14 billion at current market prices. It's almost enough to have kept pace with the $15 billion worth of Bitcoin that BlackRock has bought up to back shares of its 's iShares Bitcoin Trust. But there's reason to worry ...
READ MORE +The highly anticipated launch of the Dencun upgrade for Ethereum finally occurred on March 13. This led to a drop in price by 7% from $4,082 to $3,656 as per CoinMarketCap data. However, during these periods of time, Ethereum was not operating under the same network conditions when it had ...
READ MORE +Cryptocurrency exchange Bybit was classified as a "suspicious" crypto trading platform by Hong Kong’s financial regulator, even as the firm’s local entity, Spark Fintech, submitted its crypto exchange license application earlier this year. The Hong Kong Securities and Futures Commission on ...
READ MORE +Dogecoin, the cryptocurrency that started as a meme, has been making some serious waves lately. Its price has skyrocketed to around $0.19, currently sitting at $0.180765. In just the last 24 hours, it’s gained an eye-popping 9%, and over the past week, it’s up 18%. But perhaps most impressive ...
READ MORE +Billionaire tech entrepreneur Elon Musk hasn’t forgotten about Dogecoin. During a visit to a Tesla plant near Berlin today, the world’s third richest person was asked if the electric car giant would accept the asset as payment for vehicles. In a video widely shared on Twitter, Musk said ...
READ MORE +There’s a big upgrade on the way for the BNB Smart Chain (BSC) network called BEP 336. This new system is modeled after Ethereum‘s EIP 4844 plan. The main goal is to make data storage and processing on the blockchain more efficient. By improving these core functions, BEP 336 aims to ...
READ MORE +Hong Kong launched today the second phase of its e-HKD pilot to study the programmability, tokenization and atomic settlement associated with the central bank digital currency (CBDC) in trial, as the region continues to explore the possibility of wider CBDC adoption. The Hong Kong Monetary ...
READ MORE +Altcoin season seems imminent as Bitcoin approaches its latest all-time high (ATH). Many analysts expect altseason to begin and are optimistic about alternative cryptocurrencies’ potential for growth. Even though they are making gains currently and poised for significant upside momentum, ...
READ MORE +A U.S. district judge has denied motions from crypto exchange Gemini and crypto lender Genesis to dismiss a case brought by the Securities and Exchange Commission over the Gemini Earn program. Judge Edgardo Ramos said in an order in the U.S. District Court for the Southern District of New ...
READ MORE +Algotech, a decentralized algorithmic crypto trading platform, has announced the success of its public presale round, which raised over $2 million within weeks. The presale round started in February 2024 and has raised $2.2 million so far by selling over 56 million ALGT tokens to about ...
READ MORE +Nigeria has stepped up its scrutiny of global crypto exchange Binance by demanding the names and transaction history for the top 100 Nigerian users, according to a news report. It's been three weeks now that the Nigerian government has detained two of Binance's senior executives. The ...
READ MORE +Advertisement    In the whirlwind world of cryptocurrency, where the market’s heartbeat is as unpredictable as the weather, every adherent is on the lookout for the next big thing. Enter InsanityBets (IBET), a presale project poised to redefine the online betting ...
READ MORE +VanEck waives all trading fees for its Bitcoin ETF from the period starting on March 12, 2024, until March 31, 2025, or until the trust’s assets exceed $1.5 billion. According to the latest update, the sponsor fee charged on assets over $1.5 billion before and after March 31 will be 0.20%. ...
READ MORE +Bitcoin Exchange-Traded Funds (ETFs) take center stage as Thailand’s Securities and Exchange Commission (SEC) approves private funds. This decision marks a pivotal moment in the country’s financial landscape, but with a catch—only institutional investors and ultra-high-net-worth individuals ...
READ MORE +Grayscale has a new Bitcoin ETF product in the works that may help stem the tsunami of outflows that has plagued its Grayscale Bitcoin Trust (GBTC) over the last two months. Per an S-1 statement filed on Tuesday, the Grayscale Bitcoin Mini Trust—which will boast the familiar ticker ...
READ MORE +As the crypto market basks in the glow of Bitcoin’s recently approved spot ETF, attention shifts to whether Ethereum will receive similar approval. However, analysts remain divided on the likelihood of this occurring. On the one hand, some experts argue that ETH’s proof-of-stake mechanism and ...
READ MORE +The developers at Gnosis Chain deployed a version of the Dencun upgrade on the network, activating type 3 blob transactions on the sidechain to help further scale dapps. Content-based platform Blob.Fm was the first Gnosis Chain dapp to make use of blobs on the network, demonstrating their ...
READ MORE +Looking for a chill way to stack some satoshis while killing time? One of the best casual crypto games we’ve played so far is Bitcoin Sudoku, one of many such mobile games from Bling Financial that lets you earn points while you play—and you can then convert those points to Bitcoin or Ethereum. ...
READ MORE +Polygon (MATIC) has been attracting considerable attention lately, experiencing a notable 10% surge over the past week. Demonstrating impressive resilience, MATIC has soared by approximately 43% within the last month. At the time of writing, the price of Polygon stands at $1.223249, ...
READ MORE +In just two months, BlackRock’s IBIT spot bitcoin exchange-traded fund crossed $10 billion worth of net inflows on Friday. IBIT’s total flows of $10.03 billion are almost enough to cancel out total outflows of $10.55 billion from Grayscale's converted GBTC fund alone. It is also comparable to ...
READ MORE +South Korea plans to build a crypto-focused asset management system by 2025 to prevent tax evasion, local media reported. The country’s National Tax Service has selected GTIC as the lead firm to build the system as part of a preliminary consultation, local news outlet Digital Daily reported ...
READ MORE +The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way ...
READ MORE +The Worldcoin token (WLD) has witnessed an astounding surge in market value, skyrocketing over 38% within just 24 hours. This meteoric rise has propelled the value of WLD past the $10 mark, a significant milestone for the cryptocurrency, reflecting a burgeoning investor interest. Renowned ...
READ MORE +Bitcoin has set a new all-time high today, hitting an incredible $70,199 per BTC on the Coinbase exchange. This new milestone has analysts weighing in on what could happen next for the world’s top cryptocurrency. Data from analytics firm Santiment shows a mix of exhaustion and growing ...
READ MORE +Recently, Coinbase research has issued a cautionary note about AI token overpricing, implying that price surge could be more hype than actual utility. The report states that cryptocurrencies and artificial intelligence intersect at various points creating a range of opportunities and ...
READ MORE +If you’ve ever wished you could have a conversation with iconic Hollywood star Marilyn Monroe, you’ll soon have your chance—virtually, at least. San Francisco-based Soul Machines has announced “Digital Marilyn,” an interactive video avatar that the company says can provide a personalized, ...
READ MORE +The SEC’s reluctance has left the market in suspense as it anticipates the outcomes of options trading on Bitcoin exchange-traded funds (ETFs). The SEC has done this so that its decision is not made in a hurry but rather after receiving several requests from top exchanges. On the March 6 ...
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