Block Inc., the former Square, which is owned by Jack Dorsey, has declared that it will reinvest 10% of its Bitcoin-related gross profits into Bitcoin. This step is part of the new company’s policy to get more involved into cryptocurrency, demonstrating the company’s faith in Bitcoin’s value as a basic digital currency. On May 2, […]

Crypto markets have been rangebound ever since the green signal for the Bitcoin ETF arrived. Apart from a larger consolidation phase, dented investor sentiment and uncertainty in the market have hurt the digital asset share. Despite the larger sentiment, Wall Street has turned bullish on the stock market. The change in sentiment could see crypto […]

DePIN which stands for decentralized physical infrastructure networks, is one of the hottest Web3 trends. Crypto investors are pouring millions into the DePIN sector, which has already hit $25 billion in market cap. These projects leverage blockchain technology to develop, maintain, and manage infrastructure to build a more decentralized and transparent system. The role of […]

Treasury Secretary Janet L. Yellen is set to outline significant concerns around artificial intelligence and digital assets before the Committee on Financial Services of the U.S. House of Representatives on Tuesday. Yellen pointed out in the statement that the financial sector’s increasing adoption of artificial intelligence warrants attention. While AI promises to reduce costs and enhance […]

Digital asset exchange Coinbase released its Q1 2024 earnings report posting better-than-expected profits on the back of improved activity. A key feature of the release was that revenues doubled to $1.58 billion year-over-over showing a strong performance in the last three months.  The report of huge growth from Coinbase and other publicly listed firms has […]

The world’s largest crypto exchange Binance has again topped world’s leading derivatives marketplace Chicago Mercantile Exchange (CME) in Bitcoin futures after months. The outflow from GBTC drops continuously, and so do other spot Bitcoin ETFs, including BlackRock and Fidelity. Binance Surpasses CME in Bitcoin Futures Open Interest Bitcoin Futures open interest (OI) on Binance has […]

Bitcoin, the leading cryptocurrency, is currently witnessing a resurgence in its short-term price trajectory after accumulating over $2.8 billion worth of Bitcoin (BTC) within a mere 24-hour period. This surge in accumulation comes on the heels of a recent downturn in Bitcoin price, which plummeted to $56,555 earlier in the week, sparking concerns across the […]

Genesis Capital, a crypto lender, has encountered objections from Digital Currency Group (DCG) concerning its bankruptcy plan. The crux of the issue lies in Genesis’ proposal to offer customers more than what is legally mandated. This move prompted DCG to take action, filing a motion on February 5, citing violations of the Bankruptcy Code. DCG […]

Crypto presales offer attractive investment opportunities. They often give traders access to crypto tokens at a discounted price. However, with such benefits come some risks. It is essential to carefully consider the best DeFi presales to invest in. This article includes the best DeFi presales token to check out. The post Best DeFi Presales appeared […]

In a significant development in the United Kingdom’s approach to crypto-asset regulation, the Bank of England (BOE) has announced an extension of the comment period for its discussion paper on stablecoin regulation. Initially set for February 6, the deadline has now been moved to the morning of February 12, allowing stakeholders additional time to provide […]