April witnessed a significant shift in Bitcoin’s market dynamics as it faced substantial outflows totaling $182 million from 11 US spot ETFs. This marked a stark departure from the previous month, where the cryptocurrency enjoyed a robust inflow of $4.6 billion in March. The excitement surrounding US exchange-traded funds for Bitcoin has noticeably waned, contributing […]

ZETA, the native cryptocurrency of Layer-1 interoperability blockchain platform ZetaChain, has surged by a staggering 150% in just a few hours on its debut. As of press time, the ZETA price is up 158% trading at $1.80 with trading volumes shooting by 700% to $276 million. What Is ZetaChain? ZetaChain, a groundbreaking Layer 1 (L1) […]

Dog-themed memecoins are recording huge losses this week as daily outflows enter double digits. The corrections in the market have led to reduced crypto asset performance this week.  On-chain data shows a decline in memecoins prices, trading volume, and overall figures. The total memecoin market capitalization stands at $47 billion, a 9.9% decline in the […]

Hong Kong is positioning itself as a leader in the Asian cryptocurrency scene by harmonizing its regulation with Singapore’s strict standards. Consequently, the city-state has given a strict deadline for VASPs to comply with their new licensing requirements, aiming at helping the government meet its ultimate goal of a regulated and secure digital asset market. […]

The top crypto prices today crashed massively as the Bitcoin (BTC) price slumped to the $60,000 level despite the recent Hong Kong ETF launch. In addition, the Ethereum (ETH) price dipped below the $3,000 mark, losing hold on a crucial level. Moreover, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) plunged notably, mirroring […]

In the upcoming Super Bowl LVIII, commercials will be more traditional, with no cryptocurrency or artificial intelligence advertisement. This event will have the Kansas City Chiefs compete with the San Francisco 49ers and, as a result, slated to draw millions of viewers on February 11. However, the ads are expected to be more in the way […]

Today marks the start of May and the completion of the first five months of the bullish year. However, the bullish trend lasted barely a few weeks before turning the other way around. For days now,  the crypto market has continuously declined, affecting almost all cryptocurrencies. The fear and greed index has also shifted to […]

US Federal Reserve officials backtrack from early rate cuts after Friday’s strong jobs report shows resiliency in the US economy. Federal Open Market Committee (FOMC) members Austan Goolsbee and Michelle Bowman are more reluctant to rate cuts in the first half of 2024. Jobs Data Lowers Odds of Fed Rate Cut in May or June […]

In a move signaling potential stabilization for both the crypto and stock markets, the US Treasury Department has unveiled plans for a significant refunding and buyback initiative. BitMEX co-founder Arthur Hayes has shed light on the macroeconomic factors influencing recent market sentiment shifts, notably highlighting the infusion of tax receipts amounting to a substantial $200 […]

The world’s largest crypto exchange Binance burned 2.1 billion Terra Luna Classic (LUNC) tokens in the 18th batch of the LUNC burn mechanism. The total LUNC burned by the crypto exchange to date reaches over 50 billion, which is 52.4% of the total tokens burned by the Terra Luna Classic community. LUNC burn is a collaborative effort […]