Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift
According to the latest data from CryptoQuant, bears might be in control of Bitcoin given the asset’s funding rates reaching a negative level across all crypto exchanges, including Binance. For context, funding rates are essential in…
21shares’ Toncoin ETP Reaches Over $100 Million in Assets Under Management
21shares, a company focused on providing crypto-based exchange-traded products (ETP), recently highlighted the growth of its Toncoin-focused product. The organization, which manages over $3 billion for its customers, celebrated the milestone of its…
Financial Analyst Peter St Onge States Saving the Dollar Is Easy: Return to the Gold Standard
Peter St Onge, an economist and financial analyst, has explained his proposal to save the U.S. dollar from crumbling under the current central banking system. St Onge proposes returning to the gold standard, backing the total dollar issuance with…
Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’
In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.
When To Be Bearish On Bitcoin? On-Chain Analyst Answers
An on-chain analyst has explained signals in several metrics to see if Bitcoin is in a bearish phase. These Bitcoin Indicators Could Be To Follow For Bear Market Signals In a new post on X, on-chain analyst Checkmate replied to a user asking about…
Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil
Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million Brazilian reais (approximately $1.75 million) to…
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.
Litecoin Comeback: Bullish Reversal Sets The Stage For $76.85 Target
Litecoin (LTC) is making a strong comeback as a bullish reversal takes place, setting the stage for a potential move toward the $76.85 target. After bouncing off a critical support level, Litecoin has regained upward momentum, signaling renewed…
Lower interest rates could be the key to DeFi summer: HashKey CEO
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence.
A recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors. This report, derived from 13F filings submitted to the U.S…
Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD
Bitcoin's recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination…
Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.
Bitcoin Still At Risk Of Further Correction, CryptoQuant Head Says
The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio…
Texas Senator discloses up to $100K BTC after blockchain endorsement
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which…
Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.
Bitcoin Non-Profit ₿trust Announces Q3 Grants For Open-Source Developers
₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort.1/ Announcing the ₿trust Q3…
Cosmos Price Analysis: Why This Analyst Says ATOM Has ‘A Great Chart’
Cosmos is presently held between a rock and a hard place in the market, according to crypto analyst Alan Santana. To him, this is a very opportunistic time for long-term investors, most especially those with a bullish outlook. He feels that ATOM is…
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a "promising indicator" for the Bitcoin market. The 13-F filings, released on…
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Announcing the ₿trust Q3…