In a strategic move reflecting the growing apprehension among traders, cryptocurrency giant Binance has yielded to demands from customers seeking a safer haven for their assets. Notably, the crypto exchange, facing heightened scrutiny since last year’s hefty fine by U.S. authorities, is now allowing select traders to store their assets with independent custodians, notably Switzerland’s […]
GBTC Outflows Slow Down Under $200 Million A Day, BTC Price Shoots
After seeing some selling pressure last week, the Bitcoin price is showing strength once again reaching all the way to $43,500 levels earlier today. The Bitcoin price revival comes amid optimism around the upcoming FOMC meeting. Interestingly, the GBTC outflows have also slowed down while Bitcoin ETF inflows remain intact. The GBTC OutFlows Drop Under […]
FOMC Meeting 2024 Date: What to Expect and Its Impact on Crypto Market
FOMC Meeting: The U.S. Federal Reserve System officials will meet today for the Federal Open Market Committee (FOMC) meeting for monetary policy discussion, with the interest rate decision scheduled on January 31. The global stock and crypto markets will keep an eye on Fed Chair Jerome Powell’s press conference for cues. The Fed kept the […]
Tether (USDT) Supply On Exchanges Jumps 4%, Is Market Correction Over?
The broader cryptocurrency has been experiencing some volatility with Bitcoin (BTC) and other altcoins making a move upwards. On Monday, the Bitcoin price jumped to $43,500 amid the optimism among investors for the upcoming FOMC meeting this week. On the other hand, the Tether (USDT) supply on the exchanges is growing which could provide more […]
Bitcoin ETF Advertisements Go Live On Google Search Platform In US
Tech giant Google has finally revised its advertising policies while allowing crypto trust products such as the newly launched Bitcoin exchange-traded-funds (ETFs) to appear as ads on Google search results. It looks like top market players like VanEck, BlackRock, and Franklin Templeton are already running advertisements for their Bitcoin ETF offerings in the U.S. Google […]
India Budget 2024: Key Changes Expected By Crypto Executives
The upcoming Union Budget for 2024 has led India’s cryptocurrency industry to anticipate key changes that could impact the sector’s growth. Nischal Shetty, the co-founder of crypto exchange WazirX and Layer 1 blockchain Shardeum, highlighted the need for adjustments in taxation rules. He stated, “The crypto industry looks forward to the Union Budget helping the crypto […]
Crypto Prices Today: Bitcoin, Cardano, Sui Rally As Pepe Coin Remains Inert
The crypto prices today indicate a complete positive shift since Bitcoin (BTC) has now surpassed the $43,000 mark while several major altcoins are rallying. In addition, Ethereum (ETH), the second-largest crypto by market cap, witnessed a noteworthy upswing today. On the other hand, the Cardano (ADA) price surged nearly 8%. Major Crypto Prices Today The […]
dYdX Chain Upgrades to Support Liquid Staking Protocols
The dYdX Foundation has announced the integration of liquid staking on its blockchain, starting with a collaboration with Stride, a leading liquid staking provider in the Cosmos Ecosystem. This move marks a pivotal step in expanding the utility and accessibility of the dYdX chain. Launch with Stride and Expansion Plans The initial launch of liquid […]
Cuban Confirms Dallas Mavericks Still Accepts Dogecoin: Is DOGE Set for a Rise in 2024?
Dallas Mavericks owner Mark Cuban has confirmed that the NBA team continues to accept Dogecoin (DOGE) as a payment method. In response to a query from a user on X,” Cuban confirmed the integration exists with a “Yes.” Do the Mavs still accept dogecoin? — Sir Doge of the Coin (@dogeofficialceo) January 29, 2024 The original announcement […]
Polkadot Price Prediction: Is $10 DOT Possible In February 2024?
Polkadot Price Prediction: Amid the renewed buying interest in the crypto market, the Polkadot price has showcased its sustainability above the $6 psychological level. Within a week, the coin price has gained nearly 20% to currently trade at $7.17. Will this reversal following a constructive pullback assist DOT price to regain the $10 mark? Failed […]