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Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
5.4.2023
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys...
CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3
3.4.2023
Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors
Arbitrum Price Prediction as $1 Billion ARB Proposal Goes Wrong – Here's Where ARB is Heading Now
3.4.2023
After a highly publicized airdrop, ARB, the new token in the Arbitrum ecosystem exploded to $11.80 – the all-time high before dumping to trade at $1.21, which represents a 90% downswing from the record high.
This massive pullback is mainly attributed to an overwhelming selling pressure caused...
Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market
2.4.2023
Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion...
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
2.4.2023
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit...
Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn’t Unlawful
2.4.2023
Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258 billion lawsuit filed against him by dogecoin investors. They alleged that the billionaire operated a pyramid scheme to promote the meme cryptocurrency dogecoin. “There is nothing unlawful about tweeting words of support...
Non-Fungible Token Sales Slid 31% Lower in March With $882 Million in NFT Sales
31.3.2023
According to statistics, the number of non-fungible token (NFT) sales in March was 31.42% lower than the previous month, dropping from $1.03 billion in sales for February to $882.89 million. The number of NFT buyers and transactions also declined, by 22% to 29%, over the last 30 days. March...
DAO treasuries top $25 billion for the first time: DeepDAO
31.3.2023
Assets held in DAO treasuries have more than doubled since the beginning of 2023, according to DeepDAO
Bitcoin Price Prediction as BTC Rally Intensifies with $20 Billion Trading Volume – Can BTC Reach $30,000 This Week?
31.3.2023
Bitcoin, the world's largest cryptocurrency, has been experiencing an uptick in its price, surging by over 4% in the last few hours. However, the gains in Bitcoin's price seem to be fading, and it has lost some of its recent increases.
This could be because some experts, like Gareth Soloway from...
Arbitrum Price Prediction as $1.6 Billion Trading Volume Comes In – Are Whales Buying?
30.3.2023
Arbitrum, a token that was recently airdropped remains one of the best-performing cryptos in the industry, possibly next to Bitcoin (BTC) and Ethereum (ETH) which have been on an aggressive bullish push since the banking crisis started in the US.
ARB, the token powering the now popular Ethereum...
Binance Sees $2.2 Billion Outflows Following CFTC Lawsuit – Should the Crypto Industry be Worried?
30.3.2023
The major crypto exchange Binance has seen a whopping $2.2 billion in outflows after news broke that it has been sued in the US by the Commodity Futures Trading Commission (CFTC).
The lawsuit, which alleged that Binance offers “unregistered securities” to retail users in the US, was announced...
Billionaire Mike Novogratz's Crypto Firm Announces $1 Billion Loss – Here's What Happened
29.3.2023
Mike Novogratz’s crypto investment firm Galaxy Digital lost a whopping $1 billion on its investment last year due to “depressed market conditions.”
The $1 billion loss was primarily a result of unrealized losses on certain investments in Galaxy Digital’s primary investments portfolio, the company...
XRP Price Prediction as $4 Billion Trading Volume Floods In – Are Whales Buying XRP Before Lawsuit Conclusion?
28.3.2023
The XRP price has risen by 3% in the past 24 hours, reaching $0.484611 on a day when the cryptocurrency market as a whole has dropped by 2.5%.
XRP has also gained by 28.5% in the past seven days, with investors increasingly coming to expect that a conclusion to the long-running Ripple-SEC case...
Bitcoin is Set to Disrupt Africa's $85 Billion Financial System – Here's What You Need to Know
27.3.2023
Bitcoin (BTC) is on its way to become the currency of choice for moving money between African countries, a new CNBC report has revealed.
The wide-ranging report, authored by CNBC’s crypto reporter MacKenzie Sigalos, came three months after the conclusion of the inaugural Africa Bitcoin Conference...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Near $28,000, as First Citizen Agrees to Acquire Silicon Valley Bank
27.3.2023
Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion. Ethereum continued to trade under $1,800 on Monday....
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
26.3.2023
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that...
From Dorm Room to $1.75 Billion: 26-Year-Old's Crypto Exchange Takes Africa by Storm
26.3.2023
Cryptocurrency exchange Yellow Card has grown to be the largest centralized exchange in Africa since its launch in 2019, with $1.75 billion in transactions facilitated so far.
Chris Maurice and Justin Poiroux are the co-founders of Yellow Card, who launched the platform from their dorm room...
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
26.3.2023
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC...
Bitcoin Price Prediction As $20 Billion Trading Volume Comes In – Where Is BTC Heading This Weekend?
25.3.2023
As Bitcoin's price continues to fluctuate, with new highs and lows being reached on a regular basis, investors and traders are keeping a close eye on the market to try and predict where the price of BTC might be headed next....
Read More: Bitcoin Price Prediction As $20 Billion Trading Volume Comes...
Filip Adzic confirms the arrest warrant of South Korea’s Kwon Do-Huing for $40 billion Fraud
24.3.2023
Filip Adzic, Minister of Interior of Montenegro, announced that the South Korean citizen Kwon Do-Huing, also known as the King of Cryptocurrencies, was detained at the Podgorica airport, Montenegro, on 23 March 2023. The announcement states South Korea has issued a warrant for the criminal...