A significant ratio of Australians own cryptocurrencies and regularly use crypto exchanges. This has led to a significant surge in the demand for digital assets, resulting in the emergence of numerous crypto trading platforms. However, selecting the best exchange can be challenging. This article covers the top crypto exchanges in Australia. Whether you are a […]
Crypto Market This Week: Key Events & Potential Market Impact
The crypto witnessed turbulent trading last week, with uncertainties looming large, affecting the market participants’ sentiment. Notably, the U.S. Bitcoin ETF witnessed a substantial outflow of around $900 million amid an outflux for a fifth straight day through March 22. This massive outflux sparked investors’ concerns while igniting worries about dwindling institutional interest from Wall […]
Crypto Investment Products See $942 Million Outflows, GBTC Plays Spoilsport
According to data from CoinShares, digital asset investment products experienced unprecedented weekly outflows, reaching a total of US$942 million. This marks the first outflow after a consecutive 7-week period of inflows, which had amounted to US$12.3 billion. The outflows from Grayscale Bitcoin ETF GBTC stood to the tune of $2 billion. GBTC Plays the Spoilsport […]
AI News: Tech Giants Plots To End NVIDIA AI Software Dominance
Major tech giants in the United States are ganging up to end the Nvidia AI dominance, especially as it concerns the software that has helped it maintain monopoly over the past 20 years. Alternative Solution to NVIDIA AI Software Dominance According to a Reuters report, tech giants like Google, Intel, and QualCOMM are looking to […]
Dogecoin Whales Shuffle Over 1 Bln DOGE As Price Nears $0.2, What’s Next?
In an intriguing turn of events, massive Dogecoin whales appear to be on the move, nabbing significant attention across the crypto universe. With nearly 1 billion DOGE shifted in the past 24 hours, the whales’ move, coming in tandem with DOGE’s movement nearing $0.2, reverberated a craze among crypto market enthusiasts globally, stirring speculations over […]
Worldcoin (WLD) Price Risks Downturn As It Faces Legal Roadblock In Portugal
In what comes as a noteworthy setback for Sam Altman’s AI-meets-crypto project, Worldcoin, Portugal regulators recently took a stand against the cryptocurrency project, scrutinizing its data collection endeavors nationwide. This roadblock encountered by one of the most renowned AI-based crypto projects promptly nabbed global attention, aligning with the worldwide scrutiny recently witnessed surrounding this newly […]
Bitcoin ETFs Reverse Outflow Trend, Gain $15.7 Million
Spot Bitcoin ETFs have broken the five-day trend of net redemptions. They collected a net inflow of $15.7 million on Monday. That change is a sizeable reversal following a week when these funds have experienced over $885 million in net outflows. The recent influxes into Bitcoin ETFs demonstrate investor trust and have been part of […]
Short Traders Bet $11 Billion Against Crypto Stocks Drive
Short trader bets against crypto stocks have hit $11 billion amid the rise in the cryptocurrency market this week. The total amount against crypto stocks this year continues to rise despite the upturn in the market, Bloomberg reported. Crypto stocks are assets that companies that have significant exposure to Bitcoin, other cryptocurrencies, or blockchain technology […]
Bitdeer to Raise $100 Million To Expand Bitcoin Mining Facility
As per the sources familiar with the matter, popular crypto-miner Bitdeer Technologies is looking to raise over $100 million from private credit firms as part of its expansion plans. This development comes three weeks ahead of the upcoming Bitcoin halving which would be a game-changing event for the miners. Bitdeer to Ramp Up Bitcoin Mining […]
Shiba Inu Partner Bad Idea AI (BAD) Rallies 20% As GateIO Unveils Listing
Shiba Inu partner Bad Idea AI recently garnered significant attention across the global crypto realm as its native token, BAD, rallied nearly 20%. This phenomenal price rally comes primarily attributed to a listing announcement unveiled by a renowned cryptocurrency exchange, GateIO, which appears to be fueling market optimism for the token. Bad Idea AI is […]