Bitcoin (BTC)’s explosion to a new yearly high on Monday has placed the vast majority of investors’ holdings back into profit, according to a new report from Glassnode. The blockchain and market intelligence platform said that 4.7 million BTC flipped green after the rally, representing 24% of Bitcoin’s circulating supply. Chaos In The Derivatives Market...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I might sound sarcastic and flippant when discussing war, and the death of precious humans. The reality is, I...Read More
Solana has introduced a limited-time offer for users seeking to transfer assets from their Metamask wallet, reducing the associated fees to 0%. This fee reduction is made possible through a collaboration between the layer 1 blockchain, DeBridgeFinance, and the Solana-based wallet – Solflare. According to the official announcement, whenever a MetaMask wallet is connected to...Read More
Bakkt, the New York-based digital assets platform, has joined LightSpark as one of the first partners in a bid to offer Universal Money Address (UMA) for KYC-verified transactions on top of the Lightning Network for B2B clients. LightSpark is headed by CEO David Marcus, who was previously in charge of Meta’s ambitious Diem project that...Read More
In the dynamic world of SocialFi, where the battle for supremacy is relentless, a certain Friend.Tech user made waves by dumping 850 ether (ETH) worth of keys on Monday. This move was followed by a switch to a rival platform, New Bitcoin City (NBC), a social app built on the Bitcoin blockchain. NBC Surges as...Read More
The prolonged crypto market winter has caused investors to reconsider their investment strategy. Increasingly, crypto enthusiasts are looking for coins that can generate massive gains in the long term. Among the cryptocurrencies considered are Maker (MKR) for its extensive investment in treasury bonds, VC Spectra (SPCT) with its surging prices, and Arbitrum (ARB) for its...Read More
Market sentiment has experienced a significant upturn, with a noticeable trend in digital asset investment products attracting inflows for four consecutive weeks, accumulating a total of $66 million. This recent four-week streak of inflows has now reached $179 million. Following a recent increase in prices, the total Assets under Management (AuM) have surged by 15%...Read More
The Depository Trust and Clearing Corporation (DTCC) removed BlackRock’s Bitcoin ETF, iBTC, from its ETF list shortly after its addition on Monday. Bitcoin’s price dropped by 3% in response, falling from $34,527 to $33,432 within 30 minutes shortly after the removal was noticed. The drop appears to have triggered $37 million in long liquidations across...Read More
[PRESS RELEASE – London, United Kingdom, October 24th, 2023] Fans Everywhere Can Compete to Win $1,000,000 in Crypto and Enter to Win Over $50K Worth of CS2 Skins During the Roobet Cup Oct. 25 – Nov. 2 Roobet, the pioneering entertainment brand, and next-generation crypto casino, is revolutionizing the way fans can experience esports tournaments...Read More
[PRESS RELEASE – Birkirkara, Malta, October 24th, 2023] UTIX, the blockchain-based e-ticketing platform that provides event organizers across the globe with the ability to sell online tickets, has announced its native $UTIX cryptocurrency reward token will be available to buy and sell on the BitMart exchange from October 31. The UTIX platform is a software-as-a-service...Read More
The U.S. Court of Appeals for the D.C. Circuit has reaffirmed its prior ruling, directing the Securities and Exchange Commission (SEC) to review Grayscale Investments’ proposal to convert the crypto company’s leading GBTC fund into a Bitcoin exchange-traded fund (ETF). This development comes after the SEC’s recent announcement that it does not intend to appeal...Read More
Bitcoin’s price surged by 12%, reaching past $35,000. Rising anticipation around the US Bitcoin Exchange-Traded Funds (ETFs) with big players like BlackRock and Fidelity leading the charge. Speculation arises: Is the current Bitcoin surge a genuine bull rally or just a deceptive bull trap? Bitcoin’s price leaped impressively today, rising by 12% and reaching a...Read More
In a startling discovery, blockchain sleuth ZachXBT reported a significant movement of 4,800 Bitcoin (BTC), worth $144 million, originating from Abraxas, a defunct darknet marketplace that exit-scammed investors in 2015. As per the report, the traced funds moved through crypto mixers to obscure the transactions. Millions Worth of Abraxas Bitcoin Moved According to Zach’s tweet,...Read More
The latest edition of a weekly report from crypto exchange Bitfinex has revealed that bitcoin (BTC) is likely to experience heightened volatility in the coming months. According to the Bitfinex Alpha Report, the crypto market is currently in one of the longest low-volatility periods in Bitcoin’s history. However, that trend seems to have changed as...Read More
[PRESS RELEASE – Singapore, Singapore, October 24th, 2023] Aethir, a pioneer in the field of decentralized cloud infrastructure (DCI), has joined hands with GAM3S.GG, the leading Web3 gaming platform. This collaboration signals the beginning of a shared vision to shape the future of the gaming industry by combining the transformative powers of Web3 gaming with...Read More
Bitcoin is growing increasingly scarce, and its price movements are finally showing it. Recent statistics from the on-chain analytics platform IntoTheBlock reveal that an unprecedented portion of the accessible BTC supply has been securely stashed away for the long term. Long-Term Bitcoin Holders Remain Resilient Long-term Bitcoin holders have significantly ramped up their exposure to...Read More
[PRESS RELEASE – Miami, Florida, October 23rd, 2023] Supra, a leading provider of secure, scalable oracles for decentralized applications (dApps), today announced a partnership with Google Cloud to bring fast and reliable price feeds to Web2 and Web3 financial markets. The partnership will allow Supra to leverage Google Cloud’s infrastructure and expertise to provide dApps...Read More
North America emerged as the dominant cryptocurrency market, boasting an estimated on-chain value of $1.2 trillion between July 2022 and June 2023. According to Chainalysis’ latest report, the figure accounts for 24.4% of the global transaction activity observed during this period. Crypto, DeFi Dips in North America Data also suggest that while North America has...Read More
Shibarium, the Layer-2 solution for Shiba Inu (SHIB), is on the verge of a significant milestone – reaching 1 million blocks on its blockchain. This achievement is a testament to the growing utility and stability of Shibarium since its launch on August 16. As the total number of blocks processed by Shibarium reaches 999,182, it...Read More
