Blockchain
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
According to the latest statistics, US spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows Notably, during a third of those days, Grayscale’s Bitcoin
Blockchain
Bitcoin Inflow To Exchanges At 2016 Levels, Impact On Price Will Be Low Even If Mt. Gox Sells
Bitcoin briefly shot over $70,000 yesterday before plunging below $69,000 to spot rates While there are hints of weakness, one analyst on X notes that inflow to exchanges like Binance and OKX is
Blockchain
Binance Accused Of Illegally Selling Genesis Claims, Implicating $70 Million
According to local media reports, Binance, the world’s largest cryptocurrency exchange, is embroiled in a controversy involving the alleged mishandling of victims’ assets and the
Blockchain
FTX’s Ryan Salame to serve 7.5 years in prison
The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 75 years, in prison on May 28 The New York Times reported that Salame will surrender on Aug 29 His lawyers aim to have Salame
Blockchain
Chainlink’s Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead
Chainlink (LINK) has recently been identified as a significant influencer within the altcoin sector Noted by crypto analyst Michaël van de Poppe, LINK’s market movements are increasingly seen
Blockchain
TRON Network Officially Supported By LayerZero
PRESS RELEASE Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into
Blockchain
Halving Woes Already Over? Bitcoin Hashrate Smashes All-Time High
On-chain data shows the Bitcoin mining hashrate has sharply rebounded from its post-Halving lows and has achieved a new all-time high (ATH) 7-Day Average Bitcoin Mining Hashrate Has Just Set A New
Blockchain
Metaplanet to invest additional ¥250 million in Bitcoin amid staggering stock growth
Japan-based Metaplanet has announced plans to purchase an additional ¥250 million (approximately $16 million) worth of Bitcoin The move has been approved by the company’s board and continues
Blockchain
‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency In a
Blockchain
Invest in These 3 Memecoins for Potential 100X Gains in 2024 – Best Cryptos to Buy Now
With Bitcoin holding strong above $67K, the meme coin sector shows a strong bullish trend poised to continue into 2024 Meme coins experienced substantial growth
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Is a Recession Locked In? Traders Assign High Odds to Economic Trouble Ahead
Trade wars, collapsing confidence, and stubborn inflation have kept Polymarket’s recession odds at 57%—signaling a bumpy economic road ahead Economy on Edge This year, US recession odds have
Ethereum At $9,200, XRP At $5,800, And Solana At $3,400? Analyst Says This Is Not Possible
Cryptocurrency prices are starting to grind through a period of slow but steady gains in the past 48 hours, with Bitcoin again leading the charge and most altcoins lagging in recovery In a recent
Bitcoin Market Sentiment Heats Up As Open Interest Sees Sharp Uptick
The general crypto market has begun to experience bullish movements, and Bitcoin, the largest digital asset, surged briefly from $84,000 to the $88,400 threshold As BTC’s price undergoes a
European Central Bank wary of US stablecoin influence despite EU’s MiCA safeguards
The European Central Bank (ECB) has reportedly raised alarms over the possible consequences of US President Donald Trump’s crypto-friendly stance, Politico reported on April 22, citing a
Report Says ING Is Developing a Euro-Based Stablecoin Under MiCA Rules
Dutch banking giant ING is quietly laying the groundwork for a new stablecoin project, teaming up with players from both traditional finance and the crypto space to carve out a place in Europe’s
