KuCoin, one of the prominent crypto exchanges, witnessed a significant downturn in its Bitcoin (BTC) reserve. The crypto exchange’s BTC reserve plummeted by over 25% in March on a month-on-month basis. This dramatic decline comes in the wake of recent charges filed by the U.S. Department of Justice (DoJ). KuCoin Bitcoin & Other Crypto Asset […]
Shiba Inu News: Three New Whales Scoop 184 Billion SHIB, Big Rally Ahead
Shiba Inu News: The recent crypto market selloff offered whales a perfect opportunity to buy the dip in their preferred crypto including meme coins and AI coins. On-chain analyst revealed three new wallets grabbing over 184 billion Shiba Inu (SHIB) tokens in the last 24 hours, signaling a buying opportunity for investors. Three Whales Buy […]
Terra Classic Price Faces a 15% Decline Amid Broad Market Correction
Terra Classic Price: The Terra Classic (LUNC) recovery trend fails as the recent reversal from the dynamic resistance of the 20-day EMA aligns with the broader market sell-off. However, with the LUNC price sustaining above the 200-day EMA and the ascending support trendline, the altcoin projects a potential bounce back in the near future. With […]
Ethereum L2s May Outshine Main Blockchain, VanEck Reports
VanEck, a major financial entity based in New York, has shared insights into Ethereum’s layer-2 (L2) solutions. The firm projects a $1 trillion valuation for L2s, highlighting their potential to outperform Ethereum. L2 technologies, such as zero-knowledge roll-ups (ZKUs) and optimistic roll-ups (ORUs), address scalability by processing transactions off the main blockchain. This could position […]
Binance Still Bullish On These 3 Trending Crypto
The world’s largest crypto exchange Binance remained bullish on these 3 crypto and continued to expand support for them. The trending crypto are BOOK OF MEME (BOME), dogwifhat (WIF), and Jito (JTO) despite the broader market correction. Binance has been adding BOME, WIF, and JTO to its products and services, which led to massive rallies in […]
Paypal USD (PYUSD) Deployed As Funding Option On Xoom
Xoom, PayPal’s cross-border money transfer service has launched a new funding option that will allow U.S. users to finance international transfers using PayPal USD (PYUSD), its dedicated stablecoin pegged to the U.S. dollar. Paypal USD Deployed For Borderless Transactions According to the announcement from PayPal, Xoom users in the United States will pay no transaction […]
Crypto Stocks Spike as Markets Rally
The digital asset market has recorded slight gains in its weekly recovery efforts prompting an inflow to crypto stocks in the last 24 hours. This week, the stock market as well as cryptocurrencies lost ground gained in past months due to macroeconomic factors and industry movements. Crypto stocks are shares of companies linked to Bitcoin […]
18,060 Bitcoin Options & 270,440 Ethereum Options To Expire Today
Bitcoin and Ethereum prices take respite during volatile market conditions, with traders mostly staying away from making new trades amid uncertainty in the crypto market. Also, traders and investors are bracing for over $2 billion in Bitcoin and Ethereum options expiry on Friday. Bitcoin and Ethereum Options Expiry After the market saw one of the […]
Charles Hoskinson Highlights Wall Street Role Post Grayscale’s ADA Removal
In an attention-grabbing chronicle witnessed within the cryptocurrency universe, Cardano founder Charles Hoskinson recently took to a post on X, stating, “Wall Street give; Wall Street take,” pointing towards Grayscale’s recent removal of ADA in its GDLC (Grayscale Digital Large Cap Fund) portfolio. This statement by the Cardano founder underscored the influence of Wall Street […]
Decentralized Exchange Uniswap Surpass $2 Trillion Trading Volume
Uniswap, a top decentralized exchange (DEX) platform, has achieved a significant milestone by surpassing $2 trillion in trading volume. This monumental achievement, meticulously tracked by Zach Wong’s Dune Analytics dashboard, occurred around 11:55 a.m. UTC on April 5th. The magnitude of this accomplishment cannot be overstated, as it signifies Uniswap’s unrivaled position in the decentralized […]