Fantom Price Pierces $1 Barrier Amid Open Interest Boom, What Next?

Fantom Price: On March 19th, the cryptocurrency market experienced a further decline, with Bitcoin, the preeminent digital currency, falling beneath the significant $65,000 threshold. This downward movement reverberated throughout the market, leading to extended losses among major altcoins including Fantom (FTM). However, the FTM price showcased a notable resilience above $0.8 and rebounded 13% to […]

Bitcoin (BTC) Supply On Exchanges Slips To 4-Year Low, Impact On Price

Bitcoin’s (BTC) inflow in the last two quarters has triggered massive bullish sentiment in the market spurring increased activity around the leading cryptocurrency. New on-chain data from cryptocurrency analytics firm CryptoQuant shows Bitcoin supply on exchanges plummeting in the last four years. Since 2020, the amount of BTC held by users has plunged almost 40%  […]

Bitcoin Price is Down; Has BTC Price Rally Come to An End?

The price of Bitcoin has plummeted, dropping by 14.8% in the last week. The leading cryptocurrency according to CoinMarketCap has dropped by 17% since hitting its all-time high of $73,750, which occurred six days ago on March 14, 2024. The decrease in BTC price has caused the entire cryptocurrency market to also drop, resulting in […]

Just-In: Robinhood Launches Wallet for Android Users to Push Crypto Adoption

Robinhood Markets on Wednesday said it has launched Robinhood Wallet for Android users around the globe. This expands Robinhood mission to push for crypto adoption while making Robinhood the most trusted and easiest way to use crypto. Robinhood Wallet Launch for Android Users Commission-free stocks and crypto trading app Robinhood in a press release on […]

Solana’s 68% Monthly Gain Tests Correction Waters

Solana (SOL) has recorded a bullish drive in recent months as the wider cryptocurrency market activity surged.  The community dubbed ETH killer soared following a memecoin frenzy, wider market gains, institutional inflows to investment products, and the wider market uptick. However, in the last 24 hours, Solana has plummeted 6.22% amid ongoing cryptocurrency liquidations.  Solana […]

UN Probes North Korea For Draining $3B In Crypto Hacks

The United Nations (UN) has recently revealed a report regarding North Korea’s involvement in cyberattacks targeting crypto assets. Notably, the report has sparked global concern over the safety of digital investments. Meanwhile, the UN Security Council’s latest report unveils alarming statistics, indicating that North Korea derives a substantial portion of its foreign currency income from […]

Do Kwon To Enter South Korea On March 24, What’s Next?

As the legal saga surrounding Do Kwon, CEO of Terraform Labs, unfolds, his imminent repatriation to South Korea raises questions about the next steps in the investigation. Meanwhile, according to recent reports, he is expected to be extradited to South Korea on March 24. Meanwhile, the accused of orchestrating the ‘Terra Luna crash,’ Kwon’s extradition […]

Peter Schiff Views Bitcoin as Unlikely Ally to Central Banks

Economist Peter Schiff, a vocal critic of Bitcoin and advocate for gold, has shared insights that position Bitcoin in a unique light amidst the global financial landscape. Schiff also suggests that the rise of Bitcoin and the approval of Bitcoin ETFs may indirectly help central banks and big governments by dragging investors’ attention from gold, […]

Estonian Government Approves Bill for Crypto Regulation

The Estonian government has approved a bill aimed at overseeing cryptocurrency service providers. This legislation aligns with the nation’s financial oversight with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The bill, however, awaits a parliamentary vote to become law. New Supervisory Framework The proposed bill will put in place a strong regulatory framework transferring […]

Hedera (HBAR) Joins UKCBC Alongside Ripple & Coinbase

In a significant move within the cryptocurrency space, Hedera (HBAR) has once again stepped into the spotlight by announcing its membership in the UK Cryptoasset Business Council (UKCBC). Notably, this decision, revealed through a recent post by Hedera, underscores the platform’s commitment to fostering innovation and growth in the UK’s crypto ecosystem alongside industry giants […]