Crypto Market

Crypto Investors Hit The Brakes: Digital Asset Funds See $942 Million In Weekly Outflows

After seven consecutive weeks of inflows totaling $123 billion, the cryptocurrency market saw a significant shift CoinShares reported roughly $942 million in outflows in its latest report,

Liquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April

Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $117 billion, from leading LSD platforms since

Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why

The Bitcoin Halving is set to take place this week Miners’ rewards will be cut in half from 625 BTC to 3125 This event is expected to have far-reaching effects on the miners themselves, as they are

Stablecoin regulation more likely this year following key discussions among lawmakers

Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session,

Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform

Tether is preparing the release of an in-house developed tokenization solution Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label,

Shiba Inu Burn Rate Crashes 99% After 18,000% Spike, What Happened?

The Shiba Inu (SHIB) burn rate is again the focus, as it experienced a significant decline just a day after recording a massive spike in burn rate activity This has undoubtedly raised concerns,

USDe maintains full collateralization amid first market ‘stress test’

Ethena Labs, the entity behind the USDe synthetic dollar, has released the asset’s first attestation report, which shows the stablecoin remained fully collateralized over the past week despite

Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch

Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year LBBW revealed its collaboration with Bitpanda, based

Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021

Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period

Germany’s Largest Federal Bank To Offer Crypto Services In Q2

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany with total assets of €333 billion, has announced a strategic partnership with Bitpanda Technology Solutions, a leading
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Kenya Officially Set To Legalize Cryptocurrency Trading

The post Kenya Officially Set To Legalize Cryptocurrency Trading appeared first on Coinpedia Fintech News In a latest development, Kenya is officially preparing to legalize cryptocurrency trading in

Coinbase to Suspend FTM-PERP Trading; Price Dip Ahead?

The post Coinbase to Suspend FTM-PERP Trading; Price Dip Ahead appeared first on Coinpedia Fintech News In a recent X post, Coinbase announced that it has decided to suspend trading for Fantom-PERP

US Jobs Data Fuels Bearish Bitcoin Outlook; Traders Anticipate Only One Rate Cut

The post US Jobs Data Fuels Bearish Bitcoin Outlook; Traders Anticipate Only One Rate Cut appeared first on Coinpedia Fintech News The latest Nonfarm payrolls data showed that US employment increased

Senator Cynthia Lummis To Lead First-Ever Senate Crypto Subcommittee?

The post Senator Cynthia Lummis To Lead First-Ever Senate Crypto Subcommittee appeared first on Coinpedia Fintech News As per a recent Fox Business report, the Senate Banking Committee is getting

Bitcoin Technical Analysis: A Breakout Above $96K Could Signal a New Rally

Bitcoin’s price fluctuates between $93,607 and $94,026 over the past hour, reflecting a market capitalization of $186 trillion With a 24-hour trading volume of $6328 billion and an intraday