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Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%
3.3.2024
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth...
Bitcoin Price Prediction as $25 Billion Floods Into BTC Market – Time to Buy?
3.3.2024
With $25 billion pouring into the BTC market and Bitcoin trading at $62,000, is it the prime time to invest? Regulatory shifts and tech advancements hint at a bullish future.
The post Bitcoin Price Prediction as $25 Billion Floods Into BTC Market – Time to Buy? appeared first on Cryptonews
Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline
2.3.2024
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw...
Value Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido Dominance
2.3.2024
Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion. As it hovers above the $91 billion threshold, the TVL is approaching the $100 billion milestone, a figure...
Report: Nigerian Government Imposes $10 Billion Fine on Binance
2.3.2024
The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. Binance’s Alleged Influence on...
AI Tokens to Democratize Access To Artificial Intelligence Models
2.3.2024
Artificial Intelligence (AI) is set to be one of the most transformative technologies of the century. A new report from ResearchAndMarket.com projects the global AI Market is expected to be valued at around $1,057.47 billion by 2030. Unsurprisingly, this potential has fueled immense growth...
Dogecoin Price Prediction as DOGE Sees $5 Billion Flood In – $10 DOGE Possible in 2024?
1.3.2024
Crypto’s most popular meme coin, DOGE, appears to be pulling back harder than every other top twenty cryptocurrency by market capitalization, even after its overnight trading volume hit $5 billion. According to data by CoinGecko, DOGE is now down 4.6% in the last 24 hours to trade at $0.1213....
Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown
1.3.2024
The Nigerian government has imposed a staggering $10 billion fine on Binance as part of a crackdown on the platform in an effort to stabilize the nation's local currency.
The post Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown appeared first on Cryptonews
Solana Price Prediction as Daily Trading Volume Blasts Past $8 Billion – Is the Supercycle Here?
29.2.2024
SOL has jumped by 15% in the past 24 hours, with the Solana price racing to $130 as Bitcoin ETF volumes continue to push the cryptocurrency market from one bullish peak to another.
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Bitcoin Spot Trading Volume on CEXes Reaches $34 Billion, Highest Level Since FTX Collapse
29.2.2024
The Bitcoin (BTC) spot trading volume on centralized exchanges (CEXes) has reached the highest level of activity since the collapse of FTX.
The post Bitcoin Spot Trading Volume on CEXes Reaches $34 Billion, Highest Level Since FTX Collapse appeared first on Cryptonews
Bitcoin ETFs touch $7.6 billion in volume
29.2.2024
Bitcoin ETFs have shattered volume records once again. The reported number stands at $7.6 billion, with BlackRock leading the way. IBIT recorded a total of $3.3 billion, out of which $2.2 billion was recorded until 1 p.m. ET. The numbers are true as of the end of Wednesday. Next in line...
Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis
29.2.2024
Gemini has announced its settlement with Genesis, plans to return $1.8 billion to Earn users, with the first distributions expected within two months, pending court approval.
The post Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis appeared...
US Government Wallets Transfer Nearly $1B in Bitcoin Seized From Bitfinex Hack
29.2.2024
The US government seems to have transferred close to $1b in Bitcoin late Wednesday from two wallets linked to the 2016 Bitfinex hack, data from Arkham Intelligence showed.
The post US Government Wallets Transfer Nearly $1B in Bitcoin Seized From Bitfinex Hack appeared first on Cryptonews
Spot Bitcoin ETFs See $7.7 Billion in Daily Trading Volume as BTC Price Races Towards ATH
29.2.2024
US spot Bitcoin ETFs saw another all-time high in daily trading volume on Wednesday with $7.7 billion. BlackRock’s IBIT doubled its personal record on the third consecutive date with $3.3 billion in trading volume.
The post Spot Bitcoin ETFs See $7.7 Billion in Daily Trading Volume as BTC Price...
Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators
29.2.2024
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes as a significant development for the exchange...
DogWifHat Price Prediction as WIF Targets $1 Billion Market Cap – Can it Overtake Shiba Inu?
28.2.2024
The DogWifHat price has erupted by 41% in the past 24 hours, surging to $0.7766 as the crypto market enjoys a 3.5% gain today.
The post DogWifHat Price Prediction as WIF Targets $1 Billion Market Cap – Can it Overtake Shiba Inu? appeared first on Cryptonews
Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up
28.2.2024
The Ethereum network has recorded several gains in the last four months as decentralized activity continues to rise amid institutional inflows.
The post Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up appeared first on Cryptonews
BlackRock’s Bitcoin ETF Breaks Personal Record With $1.3B Volume: Bloomberg Intelligence
28.2.2024
BlackRock’s spot Bitcoin exchange-traded fund (ETF) trading under the ticker symbol “IBIT” broke its personal record on Tuesday attracting $1.3 billion record daily volume, according to Eric Balchunas from Bloomberg Intelligence.
The post BlackRock’s Bitcoin ETF Breaks Personal Record With $1.3B...
Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin
28.2.2024
Tron founder Justin Sun showcased his Bitcoin holdings using the social media platform X -- in a screenshot, Sun shared that his HTX account contained 28,614 BTC which is worth $1.6 billion.
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$30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients
28.2.2024
Carson Group, an investment platform with $30 billion in assets under management, has reportedly approved four spot bitcoin exchange-traded funds (ETFs) on its platform. The approved funds include Blackrock’s Ishares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). “We...