Shiba Inu Rallies Over 20% As Shytoshi Kusama Spotlights Key Partnership

Amidst a flurry of advancements witnessed across the Shiba Inu ecosystem recently, the meme coin’s price rallied over 20% today, February 29, piquing the interests of crypto market enthusiasts across the globe. Concerning this, Shiba Inu’s lead developer, Shytoshi Kusama, shared a post on X, garnering noteworthy attention as the developer spotlighted a vital partnership […]

Bitcoin (BTC) Price Faces Rejection At $64,000 As US Govt. Moves $1 Billion in BTC

The world’s largest cryptocurrency Bitcoin (BTC) has been on an unstoppable price rally with the BTC price surging all the way to $64,000. Interestingly, the Bitcoin price is just 10% away from hitting a new all-time high, thereby keeping investors on the edge of their seats. Also, the massive trading activity registered by the Bitcoin […]

Bitcoin ETF Trading Volumes Double At $6 Billion, $70,000 BTC Price Coming?

The trading activity in the newly launched Bitcoin ETFs has simply skyrocketed this week hitting new milestones every passing day. On Wednesday, February 28, the daily trading volumes of all nine bitcoin ETFs combined surged by a staggering 100%. Bitcoin ETFs Trading Volumes Shoot $6 Billion Eric Balchunas, a renowned ETF strategist at Bloomberg, disclosed […]

Ethereum Staking Giant Ether.fi Raises Fresh $27M

Ether.fi, a leading liquid restaking protocol in the Ethereum ecosystem, has secured $23 million in a Series A funding round. The investment round was spearheaded by Bullish Capital and CoinFund, with significant contributions from other notable entities, including OKX Ventures, Foresight Ventures, Consensys, and Amber. This financial injection marks a significant milestone for the company, […]

Gemini Agrees to $1.1 Billion Payback in Earn Program Settlement

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 […]

Webull is Going Public, Blames Crypto For Initial IPO Setback

Webull IPO is advancing uniquely as the Digital brokerage firm is now looking to go public through a merger with a Special Purpose Acquisition Company (SPAC) called SK Growth Opportunities Corp. Webull IPO: The SEC Uncertainty Webull confirmed its agreement with SK Growth Opportunities to list its shares on the Nasdaq stock exchange. Consequently, the […]

Snowden Predicts National Govt to Buy Bitcoin This Year Secretly

Edward Snowden, a whistleblower, shared a forecast on the social platform X, hinting at a major turn of events in the cryptocurrency sector in 2024. According to Snowden, a national government is expected to covertly enter the Bitcoin market by making significant purchases of the digital currency. The aforementioned forecast sparked wide debate and discussions […]

Coinbase Suffers Technical Glitch Amid Ascending Bitcoin Price

Coinbase on Wednesday faced a technical glitch after a surge in Bitcoin prices resulted in huge demand. Many customers of the Coinbase app reported that they saw zero balance in their accounts. In response to the entire glitch, Coinbase said that the company was “investigating” the whole matter. Coinbase Suffers Technical Glitch According to CNBC, […]

Bitcoin ETFs Break Another Record With Skyrocketing Daily Volumes

Bitcoin ETFs have smashed record after records due to the surge in demand. On Tuesday, the nine Bitcoin ETFs recorded a daily trading volume of $2.6 billion, setting another record with the highest daily trading volume. Bitcoin ETFs Smash Another Daily Volume Record Bloomberg analyst Eric Balchunas says that only halfway through the trading day, […]

Morgan Stanley Fund Considers Bitcoin ETFs for Growth Strategy

Morgan Stanley’s Europe Opportunity Fund has taken a significant step by opening the possibility of investing in spot Bitcoin ETFs. A filing made on Tuesday with the regulatory authorities indicated that the fund might allocate a portion of its assets, not exceeding 25%, to spot Bitcoin ETFs. This move represents a notable shift for a […]