Asset management firm Fidelity wants traders of its proposed spot Ethereum exchange-traded fund (ETF) to be able to stake their assets upon the product’s approval. The financial giant included the request in an amendment of its November 17 application to launch a spot Ethereum ETF in the United States. Fidelity Includes Staking in ETF Proposal...Read More
Despite recent downturns in the prices of Solana (SOL) and Shiba Inu (SHIB), Furrever Token (FURR) has emerged as a standout performer, defying market trends with its rapid progress in the fourth stage of its presale. While SOL and SHIB grapple with declines alongside the broader crypto market, FURR’s resilience and momentum in its presale...Read More
Binance disclosed in its 16th proof-of-reserves (PoR) snapshot that its assets exceeded $100 billion as of March 18. The exchange views this milestone not merely as an “arbitrary number” but as evidence of continued trust in Binance and a strong indication of the crypto markets’ solid performance. Binance’s User Asset Holdings Surge In a blog...Read More
Following his departure from the crypto exchange Binance last November, the company’s founder and former CEO Changpeng Zhao, also known as “CZ,” is looking to establish a non-revenue, free education project. The new venture targets underprivileged kids who have no access to education in developing countries. A Free, Online Education Platform for Children In an...Read More
Analysts at the Bitfinex crypto exchange say that alternative cryptocurrencies (altcoins) have remained resilient amid Bitcoin’s (BTC) approximately 12.5% correction in the past week. According to the latest Bitfinex Alpha report, the altcoin market’s resilience is demonstrated in the Total3 index, which reached a new cycle-high market capitalization of $788 billion on March 14. Although...Read More
Grayscale CEO Michael Sonnhenshein has promised to lower the management fee of the company’s spot Bitcoin ETF, whose above-average cost has led to overwhelming outflows in recent months. In an interview with CNBC on Monday, the executive promised that the fee will drop over time as the crypto ETF market matures. “I’ll happily confirm that,...Read More
Amid a strong bullish momentum, XRP has been facing its fair share of challenges. Despite the broader market’s upward trajectory, XRP’s price has struggled to recapture its peak value from January 2018. In stark contrast to Bitcoin and Ether, which have posted substantial gains, XRP’s performance in 2024 has been tepid, with returns sitting at...Read More
Ethereum staking could present challenges for crypto asset manager Grayscale if the SEC greenlights fund conversion for ETHE as it did for GBTC. These are the findings of BitMEX research, which added that if the SEC does not allow staking, then there will be large outflows from the firm’s ETHE fund, larger than those from...Read More
[PRESS RELEASE – Zug, Switzerland, March 19th, 2024] Streamr has announced the launch of the Streamr Network 1.0 mainnet, a landmark milestone that signifies the completion of the original 2017 roadmap. 1.0 introduces the full deployment of the $DATA token incentive layer, transforming the network into a feature-complete, fully decentralized protocol run and operated by...Read More
Crypto exchanges HTX (formerly Huobi), Bitget, and BingX have pledged to donate trading fees to support the Slerf community after the anonymous meme coin developer accidentally burned $10 million in presale funds. Despite this setback, market speculators aggressively pumped the token, increasing its value by over 5,000% and sending its price above the $1 mark....Read More
Japan’s Government Pension Investment Fund (GPIF), managing a staggering $1.5 trillion, has initiated inquiries into diversifying its portfolio, eyeing assets like Bitcoin in addition to gold, forests, and farmland. The latest move is a call for information and doesn’t signify an immediate expansion of investment targets, including Bitcoin. World’s Largest Pension Fund Explores Bitcoin Founded...Read More
The incident involving the Solana-based Slerf (SLERF) meme coin’s $10-million bungle has sparked intense speculation. While the team said that the action was a mindless misclick, others speculate that it might have been a daring marketing stunt. Regardless of the true nature of the event, it has undeniably garnered significant attention across social media platforms...Read More
Bitcoin ETF fever appears to be waning as the amount of BTC being scooped up by funds and institutional investors slows down. Moreover, the world’s largest crypto asset manager, Grayscale, saw a record outflow of $643 million on March 18. It beats the previous daily outflow record from GBTC of $640 million on Jan. 22....Read More
We are upgrading our trading technology to improve the speed and stability of our exchange. As an initial step, we have already started moving pilot users’ accounts to the upgraded system. BitMEX will gradually move all users’ trading accounts to the new system from 25 March 2024 onwards. We expect this process to take approximately...Read More
As of 20 March at 04:00 UTC, XRP (Ripple) and ATOM (Cosmos) are live on BitMEX spot, allowing users to deposit, convert, and trade the tokens on BitMEX. Trading for XRP went live here and trading for ATOM went live here. To know more about the new listings and what it means for our users,...Read More
Late Monday, Bitcoin (BTC) witnessed a sudden and significant plunge on BitMEX, plummeting to as low as $8,900 within a matter of minutes. Since the flash crash, BitMEX has announced via social media that it is currently investigating the substantial sell orders. Bitcoin’s Flash Crash on BitMEX According to data from the charting platform TradingView,...Read More
The crypto industry continues to display a negative trend for the second consecutive day, indicating a significant correction in the market. Further, top altcoins continue to bleed, displaying increased selling-over-buying pressure in the crypto space. On the other hand, Ethereum price has lost over 17% within the past seven days, but the token has added...Read More
On 19 March 2024 at 04:00 UTC, we have updated the Base Maintenance Margin requirements for all XBT Inverse Futures contracts on our platform. These changes will apply to new positions, new orders, and any leverage or Risk Limit changes, applied to existing positions or existing orders. The current Margin requirements for our products can...Read More
In October 2023, we announced a significant improvement in our wallet infrastructure, introducing newly issued wallet addresses for all users. As a result, the size of all transactions on BitMEX was reduced substantially, improving the use of block space for all users of Bitcoin. The impact? We now offer BitMEX users significantly lower Bitcoin network...Read More
NodeMonkes, Bitcoin’s premier NFT collection, has surged by over 50% in the past 24 hours, surpassing Bored Ape Yacht Club (BAYC) in market capitalization. According to data from CoinGecko, NodeMonkes witnessed a 53.3% surge in its floor price, making it the second-largest NFT collection in terms of market cap. NodeMonkes and Runestone’s Floor Price Surge...Read More
