Amidst the rave for dominance in the cryptocurrency industry, digital asset service provider Kraken has taken the industry unawares with the introduction of a new service dubbed Kraken Institutional.  Kraken Institutional Designed for Corporate Clients This novel solution is designed as a one-stop shop where firms that are looking to delve into the digital asset […]

As Ethereum (ETH) enjoys a period of significant growth, many investors are taking notice. Over the past year, its value has doubled, reaching a noteworthy milestone of over $3,000 on February 20, 2024. Now, experts are predicting that Ethereum could potentially reach $5,000 by the end of this year, 2024. With the market buzzing and […]

The cryptocurrencies Bitcoin and Ethereum are demonstrating significant uptrends, signaling the dawn of bull markets. This surge propels other digital currencies, with Bitcoin crossing the $59,000 threshold and Ethereum reaching beyond $3,300.  As the Bitcoin halving approaches, a pivotal moment anticipated to kickstart a new bull market in April 2024, cryptocurrency enthusiasts are looking for […]

Daniel Yan, co-founder of the Singapore-based cryptocurrency services firm Matrixport, has issued a cautionary note to investors following the recent Bitcoin surge. The digital currency surpassed the $60,000 mark for the first time since 2021, signaling a potential market euphoria.  Yan’s comments come amidst growing investor interest and an extreme greed sentiment in the market, […]

Gemini, the cryptocurrency exchange founded by The Winklevoss twins, has agreed with the New York Department of Financial Services (NYDFS). The agreement requires Gemini to pay a $37 million fine and also guarantees a return of more than $1.1 billion to the customers of its Gemini Earn lending program. This decision has been a pivotal […]

NFPrompt, a key player in the AIWeb3 industry, has made waves with its recent announcement of a strategic partnership with Google Cloud for Startups. This partnership signifies a significant step forward in the quest for innovation within the AIWeb3 vertical. By joining forces with Google Cloud, NFPrompt aims to leverage cutting-edge technology and expertise to […]

Ethereum has seen a surge in its market performance, largely attributed to significant catalysts driving investor sentiment. The successful execution of the Dencun upgrade testnet and the increasing interest in ETH ETF filings have fueled Ethereum’s bullish trajectory. Notably, there has been a notable shift in the investment horizon of Ethereum stakeholders towards long-term holding […]

Bitcoin prices shot up to $63K during an upbeat trading session on Thursday. The bullish trading sentiments were buoyed by an increase in inflows for Bitcoin ETFs and risk appetite for investors. However, one elephant in the room that hasn’t been recognized yet is the supply and demand imbalance. Bitcoin Demand Stays Higher Than Supply […]

With a lot of adjustments going on in New York Community Bancorp (NYCB), the regional bank has seen a significant fall in its shares. Looming Strain for New York Community Bank Following a change in leadership as well as some internal control issues, NYCB shares fell by almost 20% in extended trading on Thursday. The […]

In a whirlwind of activity in the ETF market, BlackRock’s Bitcoin ETF (IBIT) stood out as a stabilizing force, absorbing a staggering $600 million inflows amidst massive outflows from the Grayscale Bitcoin Trust (GBTC). However, the overall inflow figure for the Spot BTC ETFs was weak owing to the gigantic GBTC outflows. BlackRock Bitcoin ETF Saves […]