Per data provided by IntoTheBlock, bitcoin reserves held by miners have considerably decreased. These reserves are standing at their lowest level in the past 12 years as the market eagerly awaits the upcoming Bitcoin halving event. Currently, 1.92 million BTC are held by leading mining pools represented by Viabtc, Bitfury, and Antpool. In the same […]

Myro (MYRO), the Solana-based memecoin is on a major tear, however, with intense volatility defining its outlook. Over the past 24 hours, Myro has soared as high as $0.2607 with extreme growth rates recorded. These growth rates range from a gain of over 15% to a 2% drop at the time of writing. The Unique […]

The esteemed pro-XRP attorney John Deaton has submitted a request to serve as amici counsel on behalf of 4,701 Coinbase customers in the ongoing legal battle between the cryptocurrency exchange Coinbase and the Securities and Exchange Commission (SEC). Deaton’s move comes as Coinbase seeks judicial clarity on whether digital assets, such as cryptocurrencies, can be […]

The Securities and Exchange Commission (SEC) has initiated a public comment period regarding Nasdaq’s proposal to permit options trading on BlackRock’s iShares Bitcoin Trust, a spot bitcoin ETF. SEC Solicits Public Opinion on Proposal The SEC’s move to open a 21-day comment period reflects its willingness to consider expanding the scope of cryptocurrency-related financial products […]

Cathie Wood’s ARK Invest is strategically reshaping its investment portfolio, steering away from reliance on the ProShares Bitcoin Strategy ETF (BITO) towards the establishment of its own spot bitcoin ETF. This strategic shift was evidenced in a recent trading disclosure on April 19, where ARK’s Next Generation Internet ETF (ARKW) initiated significant movements. ARKW divested […]

Two prominent institutions in their bankruptcy liquidation phase, Celsius and FTX, have been actively engaged in massive crypto asset transfers. Celsius and FTX moved millions worth of Ethereum (ETH), Polygon (MATIC), and Wrapped Bitcoin (WBTC) to exchanges. This comes after both institutions promised to repay their formal clients or creditors via their crypto treasury. Celsius […]

A delay in the Fed rate cut has spiraled uncertainty in the markets. According to Bloomberg, in response to a string of unexpectedly strong inflation readings, Federal Reserve Chair Jerome Powell hinted that US central bankers might delay lowering borrowing prices. This decreases the possibility of looser global policymaker actions. The strength of the US […]

Renowned market analyst Dark Defender has recently turned the spotlight on XRP, Ripple’s native cryptocurrency. Amidst fluctuating market conditions, XRP’s future seems to hinge on critical support and resistance levels. According to Dark Defender, while there’s potential for significant gains, risks of a downturn loom if current market trends continue. XRP’s Market Movement XRP, despite […]

Shiba Inu’s (SHIB) burn rate, a crucial growth metric, has seen more than 57,000% in the last 24 hours, indicating a major push to boost its deflationary status. Shiba Inu Records Largest Monthly Burn Rate According to Shibburn, the meme coin’s burn tracker, a burn rate of 57,262.74% was spotted.  This implies that 396,286,654 SHIB […]

In a noteworthy gust of developments, the crypto realm appears to be marking a tempest of strides as this week ends. With the recent inception of spot Bitcoin ETFs within the broader crypto market, market sentiments appear to be taking an exciting turn. Whereas, Binance, a crypto exchange prominency, issued several substantial notices for its […]