Fear is gripping investors faster than spreading wildfire as crypto sell-offs continue. While some analysts like @jaydee_577 on X foresaw a potential pullback following the approval of BTC ETFs, a majority of market participants were caught pants down, looking forward to Bitcoin price breaking above $50,000 and continuing with a Q4 rally in 2024. Despite the correction, […]

The U.S. Securities and Exchange Commission (SEC) has announced a call for public comments concerning the recent amendments to BlackRock’s proposed spot Ethereum exchange-traded fund (ETF). This follows the Nasdaq’s submission of a revised proposal on April 19 to ensure alignment with regulatory expectations. The BlackRock ETF, the iShares Ethereum Trust, is an ETF that […]

The AVAX meme coins are making noise in the industry at present, with their ongoing price rallies after the Solana meme coins. With the recent news, that is surfacing regarding the Avalanche Foundation’s eligibility criteria to acquire meme coins for “culture and fun”, several Avalanche-based meme coins are trending in the market today.  Kimbo (KIMBO), […]

Spot Bitcoin ETF continue to gather momentum as Farside UK data reveals net inflows of $31.6 million on Tuesday, April 23. This surge was led by industry giants like BlackRock’s iShares Bitcoin Trust (IBIT) and Ark 21Shares Bitcoin ETF (ARKB). However, Grayscale’s GBTC Bitcoin ETF witnessed higher outflows on Tuesday. Spot Bitcoin ETF Record Positive […]

Ripple CTO David Schwartz has stepped forward to address the growing curiosity and concerns within the XRP community regarding the Automated Market Maker (AMM) protocol proposed for the XRP Ledger’s decentralized exchange. This move comes amidst a complex voting process marked by disagreements among XRPL validators. Clarifying the AMM Protocol and Its Implications Schwartz’s intervention […]

XRP price prediction: The largest cross-border money remittance token reclaimed the position above $0.5 support after Bitcoin halving last weekend. While the bullish move reflected increased investor confidence after a couple of weeks characterized by uncertainty amid geopolitical tensions, XRP price struggled to sustain the momentum. Market doldrums have since taken over, with the token […]

After an upbeat launch of the Bitcoin Exchange-Traded Funds (ETFs), the market witnessed major outflows in the last few days. Bloomberg’s James Seyffart reported that the Grayscale Bitcoin Trust (GBTC) experienced $515 million in outflows on Tuesday. This comes after the outflows exceeded $640 million on Monday for the converted fund. This brings the total […]

Binance Founder CZ (Changpeng Zhao) has garnered support from his family members amid the upcoming prison sentence. According to Wu Blockchain,  several significant family members of CZ, including his wife, two children enrolled in US institutions, and his sister, a former managing director at Morgan Stanley, were made public for the first time among the […]

In a recent legal development, Binance founder Changpeng “CZ” Zhao faced a setback as a U.S. federal judge rejected his plea to travel to the United Arab Emirates for a family emergency. Despite offering $4.5 billion in Binance equity as security, based on the exchange’s valuation from two years ago, Zhao’s bid was denied. Meanwhile, […]

The US Bitcoin ETF market is once again buzzing with activity as Hong Kong gears up to start trading its spot Bitcoin ETFs from April 30. On Wednesday, April 24, the spot Bitcoin ETFs registered net outflows of $120 million while the trading volumes touched a four-week high. Bitcoin ETF Volume Nears $4 Billion According […]