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US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
2.4.2024
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25...
Crypto.com announces its entry into the South Korean market
2.4.2024
Crypto.com has announced that it is entering the South Korean market effective April 29, 2024. It will offer select cryptocurrencies to retail users, empowering them to trade the token after registering with the platform. Crypto.com has expressed its commitment to the full-fledged provision...
Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows
2.4.2024
A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst...
In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
2.4.2024
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued...
Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity?
2.4.2024
SOL has dropped by 7.5% in the past 24 hours, with the Solana price sinking to $180 today as the wider crypto market suffers a 5% loss.
The post Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity? appeared first on Cryptonews
Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles
2.4.2024
Binance has named a board of directors for the first time, aiming to reshape its image following last year's guilty plea to US charges of anti-money laundering and sanctions violations.
The post Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal...
Crypto Funds Saw Inflows of $862M Last Week Following $1B of Outflows the Week Before: CoinShares
2.4.2024
The recovery from the week before coincided with a recovery in BTC's price which sat at just under $70,000 on March 29, up nearly 10% on a week earlier
Crypto Market Conditions That Fueled FTX, Bankman-Fried, No Longer Hold: Galaxy Digital
2.4.2024
U.S. investors now have access to regulated bitcoin ETFs that provide the same protections as buying stocks and reduce the incentive to move to unregulated offshore exchanges, the report said
Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours
2.4.2024
The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET), tumbling to a position slightly over the $66,000 mark. By 6:30 a.m. the following day, it had edged down further to reach its intraday low of $65,480 per unit. In the wake of this downturn, the crypto...
Bullish crypto narrative benefits Octoblock and Shiba Inu holders
2.4.2024
The current bullish trend in the crypto market has brought a surge of optimism and potential gains for investors across a spectrum of digital assets, including Shiba Inu (SHIB) and Octoblock (OCTO). Shiba Inu coin price Despite fluctuations, Shiba Inu (SHIB) ranks among the best performers in...
Ethereum Issuance Reduction Proposal Prompts Fierce Crypto Community Criticism
2.4.2024
Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with some developers in favor and some against this change. A recent article by Mike Neuder, an Ethereum Foundation researcher, highlights that Ethereum...
The Future of Cryptocurrency in Daily Payments: Lessons from Lugano
2.4.2024
Cryptocurrencies have sparked a global debate on the future of financial transactions, with a focus on their integration into daily payments.
The post The Future of Cryptocurrency in Daily Payments: Lessons from Lugano appeared first on Cryptonews
Bank of Russia: Russians Transacted $51 Billion in Crypto During 2023
2.4.2024
The Bank of Russia noted that Russian nationals transacted $51 billion (4.78 trillion rubles) in crypto during 2023. According to an annual report issued by the bank, its investigations found that volume flows equivalent to the number, especially in bitcoin and ether, were attributed to Russian...
Crypto market primed for bull run: Why you should choose IDOs over crypto trading?
2.4.2024
In its more than one-and-a-half decade of existence, cryptocurrency has produced several ways to make money. The range varies from investing, trading, staking, mining, node operating, participating in token presales, and much more. However, the options narrow down to only a few when it comes...
Bitget Simplifies Crypto Purchases in India, UAE, Mexico with OnRamp Money Partnership
2.4.2024
Crypto exchange Bitget on Tuesday announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into cryptocurrencies.
The post Bitget Simplifies Crypto Purchases in India, UAE, Mexico with OnRamp Money Partnership appeared first on Cryptonews
Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms
2.4.2024
Singapore has taken steps to expand its digital asset regulations by including the custody of tokens and firms involved in fund transfers.
The post Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms appeared first on Cryptonews
Crypto Market Setup Looks Positive for Second Quarter: Coinbase
2.4.2024
The bitcoin halving, expected in mid-April, remains the main supply-side event, the report said
Crypto Exchange Deribit's Dubai-Based Unit Wins Conditional VASP License
2.4.2024
Obtaining the full VARA spot and derivatives license is an important next step in our efforts to raise the overall quality & governance standards of our platform, exchange's new CEO Luuk Strikers told CoinDesk
Crypto Bulls See $400M Liquidations as Solana, Dogecoin Lead Slide in Majors
2.4.2024
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4.5%
New Platform Echo Launches, Aims to Democratize Angel Investing in the Cryptosphere
2.4.2024
Jordan Fish, known as Cobie on the social media platform X, has helped launched a new project called Echo, aimed at revolutionizing angel investment in the crypto market by allowing investors to pool funds for large investments. Echo distinguishes itself not just as another investment platform,...