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Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
18.5.2024
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group...
Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week?
18.5.2024
As Bitcoin edges close to $67,000, analysts speculate if a new all-time high is on the horizon, backed by a robust $24.62 billion trading volume.
The post Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week? appeared first on Cryptonews
Blockchain gaming investments reached nearly $1B in April
17.5.2024
The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month
Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming?
17.5.2024
LUNC has declined by 1% in the past 24 hours, with the Terra Luna Classic price dropping $0.000108 as the wider crypto market gains by a very slight 0.5% today.
The post Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming? appeared first on Cryptonews
Ethereum Price Prediction as Daily Trading Volume Surpasses $13.5 Billion – Are Whales Accumulating ETH?
17.5.2024
The Ethereum price is under pressure on Thursday, having now fallen 3.3% on the back from above $3,040 to current levels around $2,930, amid high daily trading volumes of $13.5 billion.
The post Ethereum Price Prediction as Daily Trading Volume Surpasses $13.5 Billion – Are Whales Accumulating ETH?...
US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth
16.5.2024
Four senators from different political parties are calling on Congress to act decisively and boldly on May 15 in order to ensure American leadership in the field of artificial intelligence (AI).
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MMO Combat Game MetalCore Joins $2.4 Billion Universal Gaming Ecosystem Portal
16.5.2024
MetalCore and Portal said that creating a consolidated ecosystem eliminates onboarding barriers, opening doors to millions of new users.
The post MMO Combat Game MetalCore Joins $2.4 Billion Universal Gaming Ecosystem Portal appeared first on Cryptonews
China Police Uncover $2B USDT Underground Banking Operation
16.5.2024
Chinese police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans.
The post China Police Uncover $2B USDT Underground Banking Operation appeared first on Cryptonews
Bitcoin Price Prediction as Millennium Management Holds $2B in ETFs – Bullish Signal for BTC?
16.5.2024
With Millennium Management's substantial $2 billion investment in Bitcoin ETFs, the cryptocurrency's recent price surge reflects growing institutional trust and market optimism
The post Bitcoin Price Prediction as Millennium Management Holds $2B in ETFs – Bullish Signal for BTC? appeared first...
Coinbase Eyes Australia’s Growing $600B Pension Fund
16.5.2024
Coinbase is reportedly developing a tailored service to tap Australia’s $600 billion self-managed pension sector.
The post Coinbase Eyes Australia’s Growing $600B Pension Fund appeared first on Cryptonews
Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion
16.5.2024
Humanity Protocol has achieved unicorn status following a recent funding round that raised $30 million, resulting in a valuation of $1 billion.
The post Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion appeared first on Cryptonews
Whales move 100 billion SHIB to Coinbase & buy huge sum of Mollars token
16.5.2024
The whale movement in the meme and altcoin market is at a new high. This market movement can share a glimpse of the future outcome of crypto, especially regarding investors cashing out of SHIB and potentially moving them to a new ICO by the name of Mollars. Recent blockchain data indicates that...
Millennium Management discloses $2B in Bitcoin ETF holdings
16.5.2024
International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
15.5.2024
On May 15, a few people suspected in an underground banking operation were arrested by Chinese police in Sichuan province. They have been charged in facilitating illegal foreign currency transactions involving around $2 billion worth of Tether's USDT.
The post Tether’s USDT Implicated in...
Solana Price Prediction as SOL Trading Volume Soars to $2.5 Billion – Are Whales Buying the Dip?
13.5.2024
The Solana (SOL) price has jumped back up to test $150 from earlier session lows under $140 amid a surge in trading volumes, as traders await a barrage of upcoming US economic data releases later in the week.
The post Solana Price Prediction as SOL Trading Volume Soars to $2.5 Billion – Are Whales...
Despite $250 Billion Worth of Transactions, Digital Yuan Users Prefer Physical Cash
13.5.2024
Some participants of China’s Central Bank Digital Currency (CBDC) pilot program, specifically state workers paid in digital yuan (e-CNY), are quickly converting their digital currency to physical cash due to concerns over its utility and lack of incentives like interest on savings. Despite...
Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth
11.5.2024
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds...
Solana Price Prediction as SOL Surges 7.8% with $2.8 Billion Volume – Are Whales Buying Before $1,000?
10.5.2024
SOL has jumped by 8% today, with the Solana price reaching $153.37 as the wider crypto market gains by 2.5% in the past 24 hours.
The post Solana Price Prediction as SOL Surges 7.8% with $2.8 Billion Volume – Are Whales Buying Before $1,000? appeared first on Cryptonews
XRP Price Prediction as SEC Pushes for $2 Billion Penalty Against Ripple – Will XRP Plummet?
9.5.2024
The XRP price has slid by 1.5% in the past 24 hours, dropping to $0.5136 after the SEC filed in support of its motion requesting a nearly $2 billion penalty for Ripple.
The post XRP Price Prediction as SEC Pushes for $2 Billion Penalty Against Ripple – Will XRP Plummet? appeared first on Cryptonews
Robinhood Reports 224% Surge in Crypto Trading Volumes in Q1
9.5.2024
Popular trading platform Robinhood has experienced a substantial increase in crypto trading volumes during the first quarter, with a surge of 224% to reach $36 billion.
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