Cryptocurrencies were awash with green in morning trade on Friday, with major digital assets, including the OG cryptocurrency Bitcoin, witnessing an uptick in their prices. Data from CoinGlass suggests that more than $230 million in crypto were liquidated over the last 24 hours, with $43.2 million Bitcoin long positions liquidated alone. This comes despite the […]

The Spot Bitcoin ETFs started trading on Thursday, January 11, 2024, marking a historic moment for the crypto arena. However, all’s not well with major Wall Street investment firms. Recently, Vanguard, Merrill Lynch, Edward Jones, and Northwestern Mutual have expressed strong criticism against Bitcoin ETFs. These firms noted that investing in these assets is banned […]

XRP, an eminent cryptocurrency backed by Ripple Labs, again radiated a fervor of excitement across the cryptocurrency landscape on Friday, as the token recorded significant whale transfers to CEXs. Intriguingly, as per on-chain data unveiled by a blockchain tracking platform, over 48 million XRP on the go, appears to have nabbed noteworthy attention among crypto […]

In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and co-founder Do Kwon, a federal judge has denied multiple motions for reconsidering earlier orders. The judge has again sided with the plaintiff U.S. SEC after a recent order stating that Terra and Do Kwon violated the Securities […]

Shiba Inu, one of the most popular meme coins built atop the Ethereum blockchain, once again echoed a sense of frenzy across the broader crypto market on Friday, following a colossal upswing marked in the token’s burn rate. Notably, according to the data unveiled by Shibburn, a roughly 400% surge in the meme coin’s burn […]

On their first day of trading, the newly approved spot bitcoin ETFs have significantly impacted the market. Trading volumes for these 11 financial instruments have impressively crossed the $4 billion mark. This development marks a pivotal moment in integrating cryptocurrency with traditional financial markets. Leading the Charge: Grayscale, BlackRock, and Fidelity Grayscale, a major player […]

Ethereum Classic price has caught the attention of the cryptocurrency market with an impressive 34% leap in just 24 hours, marking its position as the top gainer among the 100 leading cryptocurrencies by market capitalization. This original version of Ethereum has surpassed the $30 mark for the first time since September 2022, sparking interest among […]

With the historic first day of trading on Wall Street for the spot Bitcoin ETF, the BTC price has given a muted response. As of press time, Bitcoin is trading 0.87% down at a price of $46,080 and a market cap of $902 billion. Also, the Bitcoin options data suggests a muted response in trading […]

The first day of spot Bitcoin ETF trading on Wall Street turned out to be quite eventful with Grayscale dominating the trading with over $4 billion in trading volumes on the debut. Bitcoin made a mark in the history of ETF launch with unprecedented trading on the debut. $4.6 Billion Bitcoin ETF Shares Exchange Hands […]

Senator Elizabeth Warren, a Democrat from Massachusetts and a member of the Senate Banking Committee has openly criticized the Securities and Exchange Commission (SEC) for its recent decision to approve 11 spot bitcoin exchange-traded funds (ETFs). Warren, known for her cautious stance on cryptocurrency, expressed her concerns in a Thursday post highlighting the urgent need […]