The U.S. Spot Bitcoin ETFs have been reporting massive outflows lately. However, institutional investors are moving forward to embrace these funds. The most recent one is BNP Paribas, which is the second largest bank in Europe. BNP Paribas has invested in BlackRock’s iShares Bitcoin Trust (IBIT). BNP Paribas Gets Exposure To Bitcoin Via BlackRock’s IBIT […]
XRP Price Prediction As Emerging Pattern Hints $0.5 Support Could Crumble
XRP Price Prediction: The sixth largest cryptocurrency XRP has been showcasing its sustainability above the $0.5 psychological level since the beginning of 2024. The three price reversals from this support show active buying actively and a suitable platform triggering fresh recovery. However, with the overhead resistance still intact and increasing market volatility, the XRP price […]
VanEck Exec Slams Biden Govt For Hindering DeFi & Crypto Market Growth
The Biden administration faces renewed criticism from the crypto industry, this time from a VanEck executive who accuses the government of stifling DeFi and crypto market growth. Notably, according to a recent report, Matthew Sigel, head of digital assets research at VanEck, issued a dire warning, citing aggressive regulatory actions and their detrimental impact on […]
Giant Whale Dumps 33K Ethereum To Binance, ETH Crash Ahead?
A giant crypto whale, identified by on-chain analytics firm Spot On Chain as ‘czsamsunsb.eth,’ has offloaded a staggering 33,000 Ethereum (ETH), worth a hefty $75.74 million, onto Binance. The move, observed just as the ETH price experienced a recovery, is raising eyebrows within the crypto community, given the whale’s historical pattern of transferring ETH to […]
3 Trending Crypto To Sell This May
Investors continue to rebalance their portfolios, with some targeting crypto to sell in May, especially after the bleeding witnessed this week. Bitcoin extended the correction to $56,500 on Wednesday amid the FOMC meeting, which left interest rates unchanged. With inflation stubbornly rising in the US and across major economies, a narrow focus to crypto investing […]
Safer Internet Day: Date, History, Importance and Significance
The Safer Internet Day is a globally recognized event that takes place on the second Tuesday of every February annually. This year, the day is all set to present itself on Tuesday, February 6. First initiated by the European Union in 2004, the phenomenon gained substantial traction globally, with numerous countries partaking in this event. […]
PEPE Vs BONK: Sell or Hodl?
After a recent global crypto market crash that saw Bitcoin price fall below $60,000, the crypto community is closely monitoring the performance of meme coins; PEPE and BONK. While investors may be uncertain on whether to sell or hold onto their investments, it is crucial to conduct a thorough analysis to help make a well-informed […]
Grayscale’s Bitcoin Holdings Reportedly Dwindle as ETF Peers Rally in Acquisition
Weeks after the launch of the spot Bitcoin ETFs, Grayscale’s Bitcoin holdings have reportedly decreased. Crypto commentator and analyst Seth revealed on X that Grayscale’s holdings have reduced from 619,000 BTC in January to 478,000 BTC. Seth also notes that, amidst this reduction, investment giants like Blackrock and Fidelity have been actively absorbing the outflow. […]
Crypto Nightmare: Trader Loses $68M Wrapped Bitcoin (WBTC) In Single Click
In a staggering turn of events, a crypto trader fell victim to a $68 million loss of Wrapped Bitcoin (WBTC). The fiasco stemmed from a contaminated transfer history that the trader referred. This incident is a clear example of a “crypto nightmare” and serves as a stark reminder of being cautious while transferring and trading […]
Best Banks for Your Crypto: Keep Your Digital Money Safe with These Tips
In the rapidly evolving world of cryptocurrencies, finding a secure and reliable bank to safeguard your digital assets is paramount. With the surge in digital currency adoption in recent days, traditional banks and financial institutions are increasingly accommodating crypto transactions and holdings. However, not all banks are functioning equally when it comes to crypto-friendliness and […]