Grayscale Bitcoin Trust (GBTC) experienced a notable surge of 5% in premarket trading on Monday, marking a significant milestone with its first day of inflow since January. This influx of investment represents a pivotal moment for GBTC, which underwent a transition from a trust to an easily tradable ETF earlier in the year. The trust […]

In a remarkable development, Kraken, a globally renowned CEX, recently revealed plans to commence operations in Germany, adhering to its European expansion plans. Partnering with DLT Finance, a regulated financial institute and custodian for digital assets, the CEX plans to facilitate a range of innovative crypto products, each one tailored to meet the unique needs […]

Ethereum price forecast: ETH is nearing its highest level in a little over a week in tandem with a strong crypto rebound from last week’s bottom. Bitcoin, the largest cryptocurrency, upholds the bullish outlook closing in on the $65,000 mark. Leading altcoins like Binance Coin (BNB), Solana (SOL) and XRP are also in the green, […]

Litecoin Price Analysis: Amid the recent market consolidation, the Litecoin price showcased a notable resilience above the $74.5 support. The daily chart projecting long-wick rejection candles at this support indicates the buyers are actively accumulating this asset at a discounted price. With the Bitcoin price jumping above $65000 on Monday, a majority of major altcoins, […]

BitMEX co-founder Arthur Hayes has once again captured the attention of the crypto market with his latest investment move in Pendle (PENDLE). Following his disclosed cryptocurrency investment strategy for May in an article titled “Mayday,” Hayes has reaffirmed his reputation for bold predictions and market insights. By purchasing 500,000 USDC worth of PENDLE tokens, Hayes […]

Crypto Price Prediction: The first week of May has been notably bullish for the crypto market following the Bitcoin price recovery from $56500 to $65223. The recent surge in buying interest for US-listed Bitcoin ETFs has played a significant role in the latest rally, simultaneously boosting the altcoin market as it recovers from previous losses. […]

Hong Kong Bitcoin (BTC) and Ethereum (ETH) ETFs have experienced a setback despite the optimism in the crypto community. One of the newly launched Hong Kong Bitcoin ETFs noted a negative flow on Monday, May 6. Meanwhile, the other Hong Kong crypto ETFs didn’t witness any flows despite the Bitcoin price recovery past $65,000. Hong […]

A new metric co-developed by Visa Inc. indicates that over 90% of stablecoin transaction volumes do not originate from authentic users. This suggests that these crypto tokens may still have a long way to go before becoming widely adopted as a means of payment. Bot-based Stablecoin Transactions On The Rise The dashboard developed by Visa […]

The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to commission-free stocks and crypto trading platform Robinhood Markets for its crypto business Robinhood Crypto LLC. The Wells notice from the SEC means the regulator plans to bring an enforcement action against Robinhood’s crypto business for violating securities laws. Robinhood’s Crypto Operations Receives […]

Memecoins are surging due to increased institutional investment in the cryptocurrency market. Last week saw a renewed correlation between stocks and crypto assets as investors set new strategies after the Federal Open Markets Committee (FOMC) meeting which left interest rates unchanged. Memecoins are the biggest beneficiaries of the market resurgence in the last seven days […]