The Federal Reserve has stated that while inflation is showing signs of easing, it remains above the 2% target range. This stance has implications for the crypto market, as declining inflation could lead to lower interest rates, potentially benefiting risk […]
Bitcoin’s price experienced a significant drop as the German government transferred approximately $75 million worth of Bitcoin to cryptocurrency exchanges. This move, detected by blockchain analytics firm Arkham Intelligence, involved sending funds to major exchanges such as Kraken and Coinbase. […]
Bitcoin’s price fell below $57,000 for the first time since early May after the Mt. Gox trustee conducted test transactions, signaling potential upcoming repayments to creditors. Blockchain intelligence firm Arkham reported three small test transactions of around $8 each from […]
Bitcoin has experienced significant liquidation of long positions, totaling over $140 million, as its price dropped below $60,000. This “cascading long squeeze” was triggered by speculators selling off their holdings to cut losses, further driving the price down. The market […]
South Korean crypto exchanges have introduced new guidelines to standardize the criteria for supporting and terminating digital asset trading. The Digital Asset Exchange Alliance (DAXA) announced that these measures aim to prevent mass delistings and protect investors. The guidelines include […]
Bitcoin’s price has slipped below $61,000, driven by market concerns over the impending distribution of Bitcoin from the defunct Mt. Gox exchange. The anticipated release of up to 140,000 BTC has created uncertainty, leading to a 3% decline in Bitcoin’s […]
VanEck has indicated that the approval odds for a Solana ETF could improve if SEC Chair Gary Gensler is replaced. The firm believes that new leadership at the SEC could be more favorable towards crypto ETFs, especially given the current […]
Binance.US has stated that it is prepared for the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) following a recent court ruling. The cryptocurrency exchange claims that the SEC has yet to identify any evidence of wrongdoing […]
Arthur Hayes, co-founder of BitMEX, has proclaimed Bitcoin as a superior safe-haven asset in the current economic landscape. Hayes argues that Bitcoin outperforms traditional assets like gold in hedging against inflation and economic uncertainty. He emphasizes Bitcoin’s decentralized nature and […]
The German government has transferred approximately $17 million worth of Bitcoin (282.74 BTC) to major cryptocurrency exchanges, including Coinbase, Bitstamp, and Kraken. This move, detected by blockchain analytics firm Arkham Intelligence, suggests that German authorities may be preparing to sell […]
Robinhood has announced that its cryptocurrency trading services are now available in all 50 US states, Puerto Rico, and the US Virgin Islands. This expansion marks a significant milestone for the company, making its crypto offerings accessible to a broader […]
The German government has moved approximately $94 million worth of Bitcoin to various cryptocurrency exchanges. This significant transfer involved about 1,500 BTC, with 400 BTC (valued at $25.3 million) sent to prominent exchanges including Bitstamp, Coinbase, and Kraken. The movement […]
Cryptocurrency traders are bracing for potential major Bitcoin price swings in July as uncertainty looms over the US economy. Factors contributing to this anticipated volatility include recent GDP data, inflation indicators, and speculation about Federal Reserve policies. The personal consumption […]
An early Ethereum investor, who participated in the initial coin offering (ICO) in 2015, has moved 7,000 ETH (worth approximately $24 million) to the Kraken cryptocurrency exchange. This transfer represents a significant movement of funds from one of Ethereum’s earliest […]
Ethereum co-founder Vitalik Buterin has emphasized the importance of making Ethereum staking more accessible to home users. In a recent Twitter poll, Buterin found that reducing the 32 ETH requirement for staking is the most desired change among users. This […]
Crypto betting site Polymarket has seen over $7 million wagered on U.S. President Joe Biden potentially dropping out of the 2024 presidential race. Following the first debate against Donald Trump, the odds of Biden leaving the race spiked to 38%. […]