Digital asset exchange Coinbase released its Q1 2024 earnings report posting better-than-expected profits on the back of improved activity. A key feature of the release was that revenues doubled to $1.58 billion year-over-over showing a strong performance in the last three months. The report of huge growth from Coinbase and other publicly listed firms has […]
Binance Tops CME In Bitcoin Futures, Is Bitcoin ETF Demand Over?
The world’s largest crypto exchange Binance has again topped world’s leading derivatives marketplace Chicago Mercantile Exchange (CME) in Bitcoin futures after months. The outflow from GBTC drops continuously, and so do other spot Bitcoin ETFs, including BlackRock and Fidelity. Binance Surpasses CME in Bitcoin Futures Open Interest Bitcoin Futures open interest (OI) on Binance has […]
Bitcoin Resurgence: Whales Snap Up $2.8B BTC in 24-Hour Blitz
Bitcoin, the leading cryptocurrency, is currently witnessing a resurgence in its short-term price trajectory after accumulating over $2.8 billion worth of Bitcoin (BTC) within a mere 24-hour period. This surge in accumulation comes on the heels of a recent downturn in Bitcoin price, which plummeted to $56,555 earlier in the week, sparking concerns across the […]
DCG Objects Genesis Capital’s Bankruptcy Plan, Citing Code Violations
Genesis Capital, a crypto lender, has encountered objections from Digital Currency Group (DCG) concerning its bankruptcy plan. The crux of the issue lies in Genesis’ proposal to offer customers more than what is legally mandated. This move prompted DCG to take action, filing a motion on February 5, citing violations of the Bankruptcy Code. DCG […]
Best DeFi Presales
Crypto presales offer attractive investment opportunities. They often give traders access to crypto tokens at a discounted price. However, with such benefits come some risks. It is essential to carefully consider the best DeFi presales to invest in. This article includes the best DeFi presales token to check out. The post Best DeFi Presales appeared […]
UK Delays BOE Stablecoin Feedback Deadline to Feb.12
In a significant development in the United Kingdom’s approach to crypto-asset regulation, the Bank of England (BOE) has announced an extension of the comment period for its discussion paper on stablecoin regulation. Initially set for February 6, the deadline has now been moved to the morning of February 12, allowing stakeholders additional time to provide […]
$2.3B Crypto VC Investment Falls Short Of Bitcoin Price Surge, Here’s Why
Crypto venture capitalists have not been keeping pace with the Bitcoin (BTC) price surge lately. Generally, the investment by crypto VCs align with the change in the Bitcoin price, however, that wasn’t the case in the first quarter of FY24. Nonetheless, the venture capitalist investment in crypto has increased significantly. Crypto VC Investment & Bitcoin […]
Ethereum Price Jumps to $2,400 With Few Hours to Dencun Upgrade
While the broader cryptocurrency market consolidation, Ethereum has been on an upward trajectory in the last 24 hours. The Ethereum price jumped to $2,400 earlier today despite the SEC delaying the spot Ethereum ETF approval from Invesco and Galaxy Digital. Ethereum Dencun Upgrade Arrival In a significant development for the Ethereum ecosystem, the Dencun integration […]
Bitcoin Price Breaks $64000 As BTC Bounces off Short-term Average
Bitcoin’s (BTC) price moved above $64,000 before making a slight correction igniting bullish momentum following the broader market recovery. The gains registered by the asset in the last 24 hours come after massive liquidations were seen across the crypto market. A new report from on-chain analytics firm CryptoQuant shows the asset bouncing off the short-term […]
Shiba Inu Team Voices Optimism Over Shibarium’s New Partner, BONE Price Soars 9%
In a significant gust of developments, Shiba Inu, one of the most prominent meme coins functioning atop Ethereum, recently entered into a noteworthy partnership with K9 Finance, a leading Liquid Staking Derivatives (LSD) platform, aiming to facilitate seamless BONE staking on Shiba Inu’s L2, Shibarium. Following this partnership, the meme coin’s team recently expressed immense […]