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Hashdex Bitcoin ETF Begins Trading — US Now Home to 11 Spot BTC ETFs
27.3.2024
Hashdex Bitcoin ETF, one of the 11 spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) in early January, has launched. The fund converted from Hashdex Bitcoin Futures ETF and is trading on the NYSE Arca exchange. US Now Has 11 Spot Bitcoin ETFs...
US Spot Bitcoin ETFs Rebound With $418 Million Inflow
27.3.2024
On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418 million in inflows, building on the $15.4 million...
$20 Million in Bitcoin Long Positions Liquidated as Price Tumbles From Intraday High
27.3.2024
The price of bitcoin saw a significant fluctuation after remaining fairly consolidated over the past two days. After bulls managed to see bitcoin’s price rise to $71,754, the value dropped to a low of $68,557 per unit shortly after reaching the daily high. Liquidations Rise Following Bitcoin...
Marathon Digital Holdings Unveils ‘M’ Block Art on Bitcoin Blockchain
27.3.2024
Bitcoin miner Marathon Digital Holdings has crafted a block that prominently displays the letter “M” by carefully arranging transactions and fee rates within its mining pool. This novel approach introduces a creative twist to block creation in the blockchain realm. Despite this innovative step...
BNB surges 10%, eyes $700 peak as ecosystem booms
27.3.2024
Over $3.02 billion in total value has been locked on PancakeSwap, the biggest DEX on Binance, marking a 25% profit in the last 30 days. Binance’s BNC token has seen a significant increase in value, rising by +190% from its lowest position in September 2023. Since its BNC token has grown...
Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals
27.3.2024
After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching...
Solana Price Prediction as SOL Drops 4% Overnight – What’s Going On?
27.3.2024
SOL has declined by 4% in the past 24 hours, with the Solana price faltering to $186.82 as the wider cryptocurrency market falls by 1.5% today.
The post Solana Price Prediction as SOL Drops 4% Overnight – What’s Going On? appeared first on Cryptonews
SEPA conveys the announcement of EURC on Stellar Blockchain
27.3.2024
The announcement of the EURC on stellar blockchain suggests that European users with stellar wallets can make Euro deposits and withdrawals within the EURC through Circle. Here, the users need to use the Single Euro Payments Area (SPEA) network. Users can access these services via the LOBSTR...
Mega Whale Moves 2,000 Dormant Bitcoins From 2010 in Third Series of Transfers This Month
27.3.2024
On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this entity once more made waves by transferring 1,000 bitcoins originating from the same year. For the third instance...
CPIC IMHK and MAP Protocol join forces for Bitcoin innovation
27.3.2024
A notable case for the two main sectors – finance and technology – arises as CPIC Investment Management (Hong Kong) Limited (CPIC IMHK), a company owned by China Pacific Insurance (Group) Co. Ltd. (CPIC), has staked the job as an investment adviser of MAPO Labs, the latter being the founders of...
Dash announces partnership with DeFi Nation
27.3.2024
Dash has announced a significant partnership with DeFi Nation. This allows Dash to extend its reach into the real world irrespective of the geographical location of the user. Dash has chosen DeFi Nation because it respects users’ privacy. It provides a seamless experience by eliminating...
KuCoin vows normalcy after US money laundering charges
27.3.2024
KuCoin and its founders have been charged with major violations in the US, putting a dent in its image after Damian Williams put forward the details of the charges. The US Attorney in the Southern District of New York said that KuCoin and Chun Gan & Ke Tang were operating without following...
KuCoin Appears Not to Commingle User Funds and has “Sufficient” Reserves: CryptoQuant CEO
27.3.2024
In the midst of criminal allegations and growing concerns over its reserves, the Seychelles-based cryptocurrency exchange KuCoin has received a vote of confidence from Ki Young Ju, the founder and CEO of crypto analytics service CryptoQuant.
The post KuCoin Appears Not to Commingle User Funds...
Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina
27.3.2024
Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.
The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews
Russia to Clarify Cryptocurrency Mining Gray Areas, Including Payments
27.3.2024
Anton Siluanov, the finance minister of Russia, is prepared to discuss the gray areas surrounding cryptocurrency mining and the use of its proceeding for payments. In a recent lecture, Siluanov stated that the government needed to agree “on what can be done with cryptocurrency,”...
2 crypto giants with 10x potential in the 2024 bull run
27.3.2024
Bitcoin ideally leads the charge for the crypto sphere. However, the ever-expanding landscape has brought many contestants who, despite posing a smaller valuation, have come to the table as one of the best options for traders. BTC’s rally remains unmatched, with the token exchanging hands at more...
Solana and Avalanche lead the crypto market rebound with big gains
27.3.2024
As the crypto market projects signs of recovery, Bitcoin gets back on track to restore its $70,000 milestone. The best price performances in terms of market capitalization among the top 10 cryptocurrencies were shown by Solana and Avalanche, attaining the maximum amount of profits in the last...
Crypto bull run: Avalanche (AVAX) is poised to overtake Cardano (ADA)
27.3.2024
The past few months have been a game-changer for the crypto industry. While BTC has been leading the charge, prominent cryptocurrencies have closely followed the coin. The ongoing surge has fueled the rivalry between Avalanche and Cardano. As both platforms compete for dominance in the smart...
Russia Discusses Testing Digital Ruble for Budget Payments
27.3.2024
The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving payments from these in CBDC, to ensure...
0G Raises $35 Million to Fuel AI Integration in Web3 Ecosystem With Modular Innovation
27.3.2024
On March 26, 2024, the Web3 modular infrastructure startup 0G secured $35 million in funding from over 40 strategic backers. Representing “zero gravity,” 0G is dedicated to enhancing infrastructure scalability through modular design. Its primary focus is on addressing the essential...