What is investment? investment news, investment meaning, investment definition - Blockchain.News
Search results for

investment

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500

Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500

As many cryptocurrencies have undergone a bull run on the back of Coinbase’s direct listing, Ripple Chief Technology Officer David Schwartz has remarked that investors should liquidate some of their cryptocurrency holdings, particularly if they have a sizeable amount.

Bitcoin Set to End the Year with a Bang With Biggest Monthly Gain Since May 2019

Bitcoin Set to End the Year with a Bang With Biggest Monthly Gain Since May 2019

Bitcoin is on track for its biggest monthly gain since May 2019.

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

Why MicroStrategy Invested $425M in Bitcoin Rather than Gold

Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.

Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest

Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest

Yat Siu of Animoca Brands predicts profitable outcomes in 2024 due to increased Bitcoin interest among mainstream institutions.

Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level

Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level

Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset.

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All

Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?

What Is a Bitcoin ETF?

What Is a Bitcoin ETF?

Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.

B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital

B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital

B² Network secures significant seed investments from top venture capitals for its innovative Bitcoin Layer 2 solutions, aiming to transform Bitcoin's utility and adoption in the crypto ecosystem.

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.

Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.

Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August

Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August

XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.

Global Investors Prioritize Crypto as Russia-Ukraine War Continues

Global Investors Prioritize Crypto as Russia-Ukraine War Continues

International investors are throwing in money on cryptocurrency funds and companies as the Russia-Ukraine war has escalated, believing that the sector could provide security from the fallout of the war, according to Reuters.

SEC to Keep Close Watch on Crypto Brokers and Advisers

SEC to Keep Close Watch on Crypto Brokers and Advisers

The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."

Institutional Interest in Bitcoin Continues to Rise, Pushing BTC Above $50K - What's Next?

Institutional Interest in Bitcoin Continues to Rise, Pushing BTC Above $50K - What's Next?

Bitcoin is currently trading above $52,000, as institutional investments continue to push the digital asset to new heights. Will Bitcoin retest its ATH anytime soon?

Is Bitcoin Gearing Up to Exit the Current Bottom?

Is Bitcoin Gearing Up to Exit the Current Bottom?

Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors

MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold

MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold

CEO of MicroStrategy Michael Saylor discloses why MicroStrategy chose to invest in Bitcoin rather other assets that may have seemed more plausible - such as gold.

DeFi Funding Skyrockets 190% in 2022

DeFi Funding Skyrockets 190% in 2022

Digital asset investment firms invested $2.7 billion in decentralized finance (DeFi) projects in 2022, marking a 190% increase from the previous year, while investments into centralized finance (CeFi) projects dropped by 73% to $4.3 billion. Despite the overall crypto funding figures falling from $31.92 billion to $18.25 billion, DeFi saw a near three-fold increase, potentially signaling it as the new high-growth area for the crypto industry, according to a CoinGecko report.

Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

Daniel Ives, an analyst at Wedbush Securities, has disclosed that Tesla is smiling all the way to the bank after cashing in approximately $1 billion in profits from its Bitcoin investment.

ProShares to Launch First Ether ETF and Blended Crypto Funds

ProShares to Launch First Ether ETF and Blended Crypto Funds

ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.

South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry

South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry

The adoption of blockchain technology is set to reach unprecedented levels in major countries, as recently announced by China’s President Xi Jinping. South Korea intends to follow suit based on the revelation made by the Ministry of Science and ICT that USD 12.8 million will be channeled to blockchain projects in 2020.

Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction

Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction

The price of Bitcoin has rallied to a new all-time high over $40,000 on Thursday, January 7. A price correction is likely to happen, and experts explain why.

Bitcoin Halving: Everything You Need to Know in 5 Minutes

Bitcoin Halving: Everything You Need to Know in 5 Minutes

In May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years).

The Number of Ethereum Transfers Hit a Monthly Low

The Number of Ethereum Transfers Hit a Monthly Low

The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager

Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager

The president of Smead Capital Management addressed the topic of current trends of the US stock market in an interview with CNBC.

What Gives C10 (Crypto10 Hedged) So Much Value?

What Gives C10 (Crypto10 Hedged) So Much Value?

Within the first quarter of 2021, the cryptocurrency market has seen a surge in the retail and institutional sectors and their adoption of cryptocurrency. Bitcoin, the world's most valuable and widely traded cryptocurrency, reached an all time high of $56 445 per bitcoin, on the 22nd of February 2021.

6 Reasons Why Ethereum Price is Surging

6 Reasons Why Ethereum Price is Surging

Ethereum is entering new realms of price discovery - here are six reasons why Ethereum is showing significant strength at the outset of 2021 and the ETH price continues to rise.

Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin

Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin

Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.

Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream

Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream

The current Bitcoin correction has not dampened the spirits of strong hands, investors who hold for future purposes because they are accumulating more coins.

EIB Bemoans the Underinvestment in Blockchain and AI, Foresees a $12B Shortfall

EIB Bemoans the Underinvestment in Blockchain and AI, Foresees a $12B Shortfall

The EIB says Blockchain technology and AI has a shortfall in funding to the tune of $12 billion.

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.

Bitcoin Will Rise to Over $1 Trillion In Next Ten Years, Tesla Investor’s BTC Value Prediction

Bitcoin Will Rise to Over $1 Trillion In Next Ten Years, Tesla Investor’s BTC Value Prediction

Bitcoin has had a rollercoaster year amid the COVID-19 pandemic markets rollercoaster but has ultimately persevered adding over 40% to its price exceeding $200 billion in market capitalization.

Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited

With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.

June 1: Sell in May Postponed to Sell in June?

June 1: Sell in May Postponed to Sell in June?

For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.

Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3

Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3

Tesla has announced that it experienced an impairment loss of $51 million on its Bitcoin investments in Q3. The company’s investment in Bitcoin fell, driven by relative instability in the crypto’s price experienced during that period.

Bitcoin’s Long-Term Fundamentals Remain Strong

Bitcoin’s Long-Term Fundamentals Remain Strong

Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones.

Billionaire Investor Ray Dalio:"I Rather Have Bitcoin Than Bonds"

Billionaire Investor Ray Dalio:"I Rather Have Bitcoin Than Bonds"

Ray Dalio reveals that he owns Bitcoin, stating that he prefers the crypto to bonds. He said that the crypto’s biggest risk is its success. He warned that if it becomes more successful (larger asset class), it poses a real threat to others like cash and bonds, and this could prompt governments to ban the digital asset.

1% of your Investment Portfolio Should Be Allocated to Bitcoin - JPMorgan Strategists

1% of your Investment Portfolio Should Be Allocated to Bitcoin - JPMorgan Strategists

JPMorgan recommended a 1% allocation of one’s portfolio into Bitcoin as a way to hedge against the volatility of traditional asset classes.

The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular.

El Salvador Buys the Dip for another 150 Bitcoins

El Salvador Buys the Dip for another 150 Bitcoins

Despite missing the bottom by seven minutes, President Nayib Bukele of El Salvador announced that the Central American nation still bought 150 new Bitcoins at the $48K level.

Bitcoin Price Smashes $35,000 to New ATH, What's Next for the BTC Price?

Bitcoin Price Smashes $35,000 to New ATH, What's Next for the BTC Price?

Bitcoin price has surged to a new all-time high again on Jan. 6 with crypto bulls pushing BTC above $35,000 after days of consolidation in the low $30,000 range.

FTX Launches FTX Access to Provide Institutional Products and Services

FTX Launches FTX Access to Provide Institutional Products and Services

Cryptocurrency exchange FTX launched FTX Access, which focuses on serving institutional investors in digital assets.

Bitfinex Securities Shaping Future of Investment with Tokenised Securities

Bitfinex Securities Shaping Future of Investment with Tokenised Securities

Bitfinex Securities leverages tokenised securities, merging traditional investment instruments with digital assets to reshape investment paradigms.

Bitwise Explains Bitcoin ETF Mechanics: A FAQ Guide

Bitwise Explains Bitcoin ETF Mechanics: A FAQ Guide

Bitwise Investments provides answers to common investor questions about Bitcoin ETFs.

OKX Ventures Invests in Pencils Protocol, Boosting the Scroll Ecosystem

OKX Ventures Invests in Pencils Protocol, Boosting the Scroll Ecosystem

OKX Ventures announces its investment in Pencils Protocol, a next-gen decentralized platform within the Scroll ecosystem.

OKX Ventures Invests in Bitcoin Layer 2 Solution, Bitlayer

OKX Ventures Invests in Bitcoin Layer 2 Solution, Bitlayer

OKX Ventures announces a strategic investment in Bitlayer, a Bitcoin Layer 2 solution based on BitVM.

Debunking Cryptocurrency Misconceptions: Insights from Franklin Templeton

Debunking Cryptocurrency Misconceptions: Insights from Franklin Templeton

Uncover the truth behind common misconceptions about cryptocurrencies, as revealed by Franklin Templeton's Digital Asset team.

Bitcoin Displays Potential Stability Amidst Global Economic Uncertainty

Bitcoin Displays Potential Stability Amidst Global Economic Uncertainty

Bitcoin shows signs of stability with increased exchange outflows and ETF inflows, despite ongoing macroeconomic challenges.

OKX Ventures Backs Monad Labs to Accelerate Web3 and Decentralized Computing Innovation

OKX Ventures Backs Monad Labs to Accelerate Web3 and Decentralized Computing Innovation

OKX Ventures, the investment arm of crypto exchange OKX, invests in Monad Labs, driving innovation in Web3 and decentralized computing.

Binance Launches USDT Locked Products Offering an 8.23% Fixed APR

Binance Launches USDT Locked Products Offering an 8.23% Fixed APR

Binance Simple Earn announces the launch of USDT locked products, providing an 8.23% fixed APR.

Record $1bn Inflows in Digital Asset Investment

Record $1bn Inflows in Digital Asset Investment

Digital asset inflows reach a record high of $14.9bn.

Digital Asset Inflows Hit $2bn in May, Ethereum (ETH) Sees Positive Sentiment Shift

Digital Asset Inflows Hit $2bn in May, Ethereum (ETH) Sees Positive Sentiment Shift

Digital asset funds see $2bn inflows in May, Ethereum sentiment turns positive.

OKX Ventures Invests in GoPlus to Boost Blockchain Security

OKX Ventures Invests in GoPlus to Boost Blockchain Security

OKX Ventures announces investment in GoPlus to enhance blockchain security.

Binance Introduces OMNI to Simple Earn Locked Products Offering 7.9% APR

Binance Introduces OMNI to Simple Earn Locked Products Offering 7.9% APR

Binance adds OMNI to Simple Earn Locked Products with up to 7.9% APR rewards.

Binance Unveils New Earn Wednesday Offers: Explore Simple Earn, ETH Staking, and Dual Investment Options

Binance Unveils New Earn Wednesday Offers: Explore Simple Earn, ETH Staking, and Dual Investment Options

Discover Binance's new Earn Wednesday offers, including Simple Earn, ETH Staking, and Dual Investment.

Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion

Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion

Tether invests $18.75M in XREX Group to drive financial inclusion in emerging markets.

CoinShares: Digital Asset Funds See $2 Billion Inflows Amid Anticipation of Rate Cuts

CoinShares: Digital Asset Funds See $2 Billion Inflows Amid Anticipation of Rate Cuts

Digital asset funds witness $2 billion inflows in early June, driven by rate cut expectations.

Pantera Capital Highlights Strategic Investment in Everclear

Pantera Capital Highlights Strategic Investment in Everclear

Pantera Capital announces a strategic investment in Everclear, enhancing its diversified portfolio.

Investment Insights: Pantera Capital's Approach to Nexus

Investment Insights: Pantera Capital's Approach to Nexus

Pantera Capital shares its investment strategies for Nexus, emphasizing the importance of cookies for website functionality.

Linea LEIA Unveils First Seven Investments to Boost Web3 Innovations

Linea LEIA Unveils First Seven Investments to Boost Web3 Innovations

LEIA announces inaugural investments targeting DeFi, Social, and Gaming sectors.

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

Riot Platforms, Inc. acquires a 14% stake in Bitfarms Ltd., increasing its holdings and planning to influence corporate governance.

BounceBit Integrates Traditional Economic Theories to Strengthen CeDeFi Resilience

BounceBit Integrates Traditional Economic Theories to Strengthen CeDeFi Resilience

BounceBit leverages Merrill Lynch's Investment Clock and Ray Dalio's All-Weather theory to enhance CeDeFi resilience and offer diverse yield products.

CoinShares: Hawkish FOMC Meeting Triggers $600M Outflows in Digital Asset Funds

CoinShares: Hawkish FOMC Meeting Triggers $600M Outflows in Digital Asset Funds

Digital asset investment products saw $600 million in outflows, primarily in Bitcoin, following a hawkish FOMC meeting, according to CoinShares.

Binance Introduces New Limited-Time Offers for Earn Wednesday

Binance Introduces New Limited-Time Offers for Earn Wednesday

Binance unveils new limited-time offers every Wednesday, including rewards across Simple Earn, ETH Staking, Dual Investment, and more.

SFC Convicts Individual for Unauthorized Investment Advice on Telegram

SFC Convicts Individual for Unauthorized Investment Advice on Telegram

The SFC has secured a conviction against an individual for providing paid investment advice on a Telegram chat group without a license.

Goldman Sachs to Begin Offering Bitcoin and Crypto Products to Clients

Goldman Sachs to Begin Offering Bitcoin and Crypto Products to Clients

Goldman Sachs has said that it will begin offering Bitcoin and crypto investments to its clients within the next three months.

May 31: Everyone Wants to be the Broker in Crypto

May 31: Everyone Wants to be the Broker in Crypto

BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?

Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development

Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development

Bitwise Bitcoin ETF (BITB) is a low-cost, regulated ETF for U.S. investors, offering a traditional route to investing in bitcoin. With a 0% management fee for the first six months, BITB could pave the way for more cryptocurrency-based investment products.

BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director

BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director

Michael Sonnenshein, the managing director at Grayscale Investment LLC, has disclosed that Ethereum is one of the cryptocurrencies that people are looking at for investment.

Coinbase Invests $500M in Cash and Cash Equivalents and to Allocate 10% of Quarterly Net Income in Crypto

Coinbase Invests $500M in Cash and Cash Equivalents and to Allocate 10% of Quarterly Net Income in Crypto

Cryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents and 10% of its quarterly net income which is worth $160 million will be invested in a portfolio of crypto assets.

KPMG: Fintech Funding Fades in 2023

KPMG: Fintech Funding Fades in 2023

The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore's AI fintech sector saw a 77% increase in funding.

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.

Genesis Mining Survey Finds Bitcoin Investors Believe in Safe Haven Value, Not $50,000 BTC Price by 2030

Genesis Mining Survey Finds Bitcoin Investors Believe in Safe Haven Value, Not $50,000 BTC Price by 2030

A survey by Genesis Mining reveals that while the majority of Bitcoin investors are sold on the crypto’s ability to replace gold, few are as confident of $50,000 per BTC by 2030.

ARK Invest CEO: Crypto Assets Will See Huge Turn

ARK Invest CEO: Crypto Assets Will See Huge Turn

ARK Invest CEO Cathie Wood predicts 2% inflation. Due to diminishing money supply, Wood expects inflation to go below this level and potentially into negative territory. The business recently sold its Grayscale Bitcoin Trust (GBTC) shares and bought 320,000 Coinbase shares for $17.6 million.

Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion

Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion

In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.

Ava Labs to Raise New Funding Round at $5B valuation

Ava Labs to Raise New Funding Round at $5B valuation

Ava Labs, the team behind the development and management of Avalanche public blockchain, is raising a new funding round at a valuation of $5 billion, according to Bloomberg.

USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock

USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock

Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.

Over 50% Investors Look for more Alternative Investments for Next 12 Months, Survey Shows

Over 50% Investors Look for more Alternative Investments for Next 12 Months, Survey Shows

Subject to escalating inflation, over 50% of investors are looking for more investment in alternative assets, Asset Tribe's survey suggests.ation

Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist

Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist

The Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone says Bitcoin (BTC) may well be on pace to reach US$20,000 by 2021.

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment predicts autonomous vehicles could add $26T to global GDP and save over 1M lives by 2030, transforming economies and consumer experiences.

Bitcoin Stucks in a Broad Congestion Zone, says Market Trader Peter Brandt

Bitcoin Stucks in a Broad Congestion Zone, says Market Trader Peter Brandt

Veteran trader Peter Brandt has cautioned aware of "fear of missing out" (FOMO) trading in the current Bitcoin (BTC) market, warning the market has not yet in a bull run based on the congestion taking place.

Why Bitcoin Investors Shouldn’t Expect a Straight Moon Shot Over $20,000 Just Yet

Why Bitcoin Investors Shouldn’t Expect a Straight Moon Shot Over $20,000 Just Yet

Although the Bitcoin price gained 166% this year, the pioneer crypto has not yet produced the anticipated moon shot over $20,000 and investors could be in for a long wait.

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.

Nigeria's Foreign Investment and Crypto Adoption Dilemma

Nigeria's Foreign Investment and Crypto Adoption Dilemma

Foreign direct investment (FDI) in Nigeria fell by 33% in 2021 due to a shortage of dollars, which has also discouraged foreign crypto investment. Despite the exponential growth of crypto adoption in Nigeria, with active adult traders and high usage rates, the country has a problem attracting foreign investors.

Google Makes $1B Equity Investment in CME Group, Both Firms Chart a Decade Long Partnership

Google Makes $1B Equity Investment in CME Group, Both Firms Chart a Decade Long Partnership

Search engine and cloud service giant Google has invested the sum of $1 billion to take up a non-voting equity stake in CME Group.

Ethereum Whale Transactions Ballooned to Levels Since January 2018

Ethereum Whale Transactions Ballooned to Levels Since January 2018

On-chain metrics provider Santiment acknowledged that ETH whale transactions went through the roof in the past week.

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy announced that it completed a sale of convertible senior notes worth $1.05 billion to acquire more Bitcoins.

Crypto Exchange Web Traffic Hit 473.3 Million Visits in October

Crypto Exchange Web Traffic Hit 473.3 Million Visits in October

More participants are eyeing the cryptocurrency sector, given that the crypto exchange web traffic has witnessed a 15.5% increase month-on-month (MoM).

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.

Bitcoin’s Trading Volume Reaches High Since June as Price Slips Below $18.8K

Bitcoin’s Trading Volume Reaches High Since June as Price Slips Below $18.8K

Selling pressure has emerged on the Bitcoin market, causing the price to drop below $18,800. Furthermore, trading volume hit a three-month high.

US Business Giants Bet Big on Generative AI Despite Data Security Concerns

US Business Giants Bet Big on Generative AI Despite Data Security Concerns

Nearly all US companies with revenues over $1B are set to invest in generative AI, eyeing major ROI while weighing risks like data security and workforce readiness.

Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More

Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More

Grayscale’s Bitcoin Investor Study revealed that Bitcoin interest and knowledge among investors have been steadily growing this year, accelerated by COVID-19.

Bitcoin Price Bull Run Intact Despite $1700 Price Dive on Sunday

Bitcoin Price Bull Run Intact Despite $1700 Price Dive on Sunday

The Bitcoin price went on a wild ride over the weekend, the bulls pushing the Bitcoin price up to $12,100, before the world’s biggest cryptocurrency plunged back to $10,640 within a matter of minutes.

NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators

NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators

California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.

Grayscale Investments Opens Trading for Grayscale Bitcoin Cash and Litecoin Trusts

Grayscale Investments Opens Trading for Grayscale Bitcoin Cash and Litecoin Trusts

Grayscale Investments, the world’s largest digital currency asset manager has opened public trading for two prominent altcoins, Bitcoin Cash and Litecoin.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

Bitcoin’s Bounce Back to $40,000 in Jeopardy as Grayscale Investments Slacken

Bitcoin’s Bounce Back to $40,000 in Jeopardy as Grayscale Investments Slacken

Leading American bank JPMorgan Chase & Co. believes that a bounce back to the $40,000 level has been jeopardized as Bitcoin investments by Grayscale are drying up.

Grayscale Launches New Entity to Manage Growing Funds

Grayscale Launches New Entity to Manage Growing Funds

Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.

Hack VC Closes $150M Fund I, Increases Assets Under Management to $425M

Hack VC Closes $150M Fund I, Increases Assets Under Management to $425M

Crypto venture firm Hack VC has closed a $150 million maiden fund, bringing total assets under management to $425 million. Hack VC is a long-time web3 investor, having backed over 100 projects since 2014. The firm remains firmly bullish on web3's future potential and will deploy its new capital to seed critical infrastructure startups.

Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%

Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%

Bitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.

Grayscale Files for Three New Crypto ETFs

Grayscale Files for Three New Crypto ETFs

Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.

Ethereum Price Could Double In Next Two Weeks says Analyst as ETH Whales Accumulate

Ethereum Price Could Double In Next Two Weeks says Analyst as ETH Whales Accumulate

As Ethereum whales accumulate some analysts expecting the ETH price to double in the next two weeks.

Bitcoin is Now Worth More Than Warren Buffett’s Berkshire Hathaway with a Market Value of $540 Billion

Bitcoin is Now Worth More Than Warren Buffett’s Berkshire Hathaway with a Market Value of $540 Billion

The price surge past $29,000 has made BTC worth more valuable than Warren Buffett's Berkshire Hathaway.

CoinShares Launches Ripple ETP

CoinShares Launches Ripple ETP

CoinShares, Europe’s largest digital asset manager with over $5 billion in assets under management, has released a Ripple ETP.

Puerto Rico to Become a Prefered Destination for Crypto Investors, Establishing Friendly Taxation and Island Lifestyle

Puerto Rico to Become a Prefered Destination for Crypto Investors, Establishing Friendly Taxation and Island Lifestyle

Under Act 60 or the Individual Investors Act, non-Puerto Rican residents get exempted from paying capital gains for investments realized, and this is one of the factors attracting crypto investors.

Bitcoin Transaction Volume Hits a Monthly Low as Consolidation Continues

Bitcoin Transaction Volume Hits a Monthly Low as Consolidation Continues

Bitcoin has found itself in a consolidation state based on low transaction volume.

Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption

Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption

The Bitcoin Lightning Network continues going through the roof by making historic highs.

Ark Invest continues to buy Coinbase shares

Ark Invest continues to buy Coinbase shares

Ark Invest has invested roughly $30 million on Coinbase stock in 2023 while selling Grayscale Bitcoin Trust.

Bitcoin Investors Buying at the Dip Declines, Signaling a Potential Upward Momentum

Bitcoin Investors Buying at the Dip Declines, Signaling a Potential Upward Momentum

Analysts acknowledged Bitcoin traders were on a go-slow as they were not buying the dip. Still, this doubt and disinterest was a positive sign of an upcoming turnaround.

Digital Currency Group Lands $600M Debt Funding

Digital Currency Group Lands $600M Debt Funding

Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations.

Crypto Deals Catch the Eye of Bigger Players, Triggering Price Surge

Crypto Deals Catch the Eye of Bigger Players, Triggering Price Surge

Fundraising by crypto companies has seen a surge in valuations as bigger players are pushing prices upwards.

Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%

Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%

Ethereum (ETH) has scaled heights more than Bitcoin (BTC) since they both hit 2-year lows in June.

Bybit Partners with Actant to Provide Traders Innovative Crypto Tools

Bybit Partners with Actant to Provide Traders Innovative Crypto Tools

Singapore-based crypto exchange Bybit has joined hands with Actant, a trading solutions provider by offering new trading tools for traders.

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

The US SEC has modernized their definition of an 'accredited investor' to consider not just an individual’s wealth, but their education.

Investment Fraudsters Sentenced to Over Six Years for Telecoin Crypto Scam

Investment Fraudsters Sentenced to Over Six Years for Telecoin Crypto Scam

Two fraudsters, Ross Jay and Michael Freckleton, were sentenced to over six years for a £500,000 scam involving a fictitious cryptocurrency "Telecoin."

DoJ Charges BitClub Promoter for Role in $722 Million Crypto Fraud Scheme

DoJ Charges BitClub Promoter for Role in $722 Million Crypto Fraud Scheme

A Californian man pleaded guilty for his involvement in perpetrating BitClub Network, a cryptocurrency mining scheme that generated at least $722 million.

Bitcoin ETF Approval Expected to Propel Market Influx

Bitcoin ETF Approval Expected to Propel Market Influx

The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.

Bitcoin in 2021: From All-Time High to Where?

Bitcoin in 2021: From All-Time High to Where?

A few months ago, the idea of Bitcoin surpassing its all-time high (ATH) was not particularly outlandish. A week after, it hit $40K. Nothing, it seemed, would be the same again.

Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M

Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M

Football start-up NFT platform Sorare reportedly will raise 450 million euros in the financing, led by SoftBank.

Despite Interest Rate Hike, Bitcoin is at an Inflection Point - Bloomberg Strategist

Despite Interest Rate Hike, Bitcoin is at an Inflection Point - Bloomberg Strategist

As Bitcoin continues ranging between the $29K and $30K zone, the leading cryptocurrency’s inflection point is at $30,000, according to Mike McGlone, the senior commodity strategist at Bloomberg Intelligence.

Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up

Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up

As cryptocurrency trading ramps up in the region, the Securities and Exchange Commission of Thailand (SEC) warns investors against unregulated crypto players.

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.

Ethereum’s Non-Exchange Whales Record the Highest Tokens in their Custody Since 2016

Ethereum’s Non-Exchange Whales Record the Highest Tokens in their Custody Since 2016

New data by on-chain metrics provider Santiment reveals that Ethereum’s non-exchange whales are on an accumulation spree as they continue buying more ETH.

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.

Bitcoin’s Institutionalization Increases 4-Fold to Hit Weekly Average of $1.9T

Bitcoin’s Institutionalization Increases 4-Fold to Hit Weekly Average of $1.9T

Since institutional investments started trickling into the Bitcoin (BTC) network, the leading cryptocurrency has prompted exponential growth.

Bitcoin is Showing Short-Term Weakness, says Crypto Analyst

Bitcoin is Showing Short-Term Weakness, says Crypto Analyst

Crypto analyst Carl Martin has noted that Bitcoin is showing signs of weakness in the short term.

Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures

Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures

Bit.com, a Singapore-based crypto exchange owned by Matrixport, has launched a new savings product and USDT margined futures to diversify the cryptocurrency options offered.

Institutions See the $46-48K Range as the Perfect Opportunity to Accumulate More Bitcoin

Institutions See the $46-48K Range as the Perfect Opportunity to Accumulate More Bitcoin

CryptoQuant CEO Ki Young Ju has disclosed that institutions see the $46-48k range as the perfect level to accumulate more Bitcoin.

Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio

Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio

Ethereum co-founder Vitalik Buterin advises on prudent financial strategies, emphasizing diversification, savings for financial safety, a conservative portfolio, and caution against over-leveraging, blending traditional and modern investment insights.

Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?

Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?

The crypto market continues to be in the red based on more liquidation. As a result, the leading cryptocurrencies are in the fear zone.

Purpose Ether ETF Inflowed Surge Past 50,000 ETH

Purpose Ether ETF Inflowed Surge Past 50,000 ETH

The world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH recently.

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002.

Is Bitcoin Getting Ready for a Bullish Continuation?

Is Bitcoin Getting Ready for a Bullish Continuation?

After nosediving below the psychological price of $40K over the weekend, Bitcoin is back to winning ways.

Bitcoin Hits $33,000 For the First Time Ever as FOMO Among Investors Supports the Surge

Bitcoin Hits $33,000 For the First Time Ever as FOMO Among Investors Supports the Surge

Bitcoin's recent rally is being boosted by increased demands from both retail and institutional investors who see the digital currency as a hedge against inflation.

Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip

Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip

Bitcoin is most likely in a temporary low in but BTC whales are taking advantage of the situation by accumulating more coins.

Bitcoin’s Dominance Continues as BTC Undergoes Third Parabolic Advance with a Target of $240k

Bitcoin’s Dominance Continues as BTC Undergoes Third Parabolic Advance with a Target of $240k

Crypto trader Michael van de Poppe has delved deeper into Bitcoin's trend and indicated that BTC’s dominance will continue moving upwards.

Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12

Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12

Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12.

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.

Long-Term Bitcoin Holders are Accumulating Coins After Trimming Their Positions in the Early Bull Run

Long-Term Bitcoin Holders are Accumulating Coins After Trimming Their Positions in the Early Bull Run

Long-term Bitcoin holders see the present steep plunge as the perfect opportunity to accumulate more coins.

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.

MoneyGram Continues to Receive Millions in Development Fees From Ripple

MoneyGram Continues to Receive Millions in Development Fees From Ripple

Ripple continues to pump money into MoneyGram remittance services in market development fees as compensation for providing liquidity to its ODL XRP network.

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

The latest move by the Central African Republic comes after it adopted Bitcoin as legal tender in April. The African country plans to adopt cryptocurrency to revitalize its economy.

Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?

Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?

It was unusual that ARK Investments did not buy ProShares Bitcoin futures shares during the debut trading on the public markets. Wood Cathie, the CEO of the investment firm, has given out reasons behind such moves.

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure

Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.

Binance Launches New Batch of Dual Investment Products

Binance Launches New Batch of Dual Investment Products

Binance introduces a fresh set of Dual Investment products, offering users innovative options to manage their crypto assets.

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Bitcoin Surged for Eight Consecutive Days, a Feat since December 2020

Bitcoin Surged for Eight Consecutive Days, a Feat since December 2020

Bitcoin has been on an upward trajectory for eight consecutive days, as revealed by crypto analytic firm CryptoCompare.

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.

Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?

Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?

With Bitcoin (BTC) hovering around the 200-week moving average (MA), some analysts believe that the top cryptocurrency might be laying grounds for a ranging market that would, later on, prompt a bullish cycle.

Bitcoin Corrects after Hitting ATH at the $66,900 Level, Holders Remain Unfazed

Bitcoin Corrects after Hitting ATH at the $66,900 Level, Holders Remain Unfazed

Holders remain unperturbed about the current correction in the Bitcoin market if history is to repeat itself.

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.

Will CME's Ethereum Futures Launch Send Ether Price Higher?

Will CME's Ethereum Futures Launch Send Ether Price Higher?

With the launch of CME’s Ethereum futures contract imminent, what can we expect from the Ether price?

Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking

Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking

The $38K to $40K zone of Bitocin is proving to be a hard nut to crack in the market. Nevertheless, BTC whales have been accumulating heavily in this area.

KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration

KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration

KuCoin Labs, the incubation and investment arm of crypto exchange KuCoin, has launched an incubation program with Univers Network to aid the exploration of the Web3 space.

Digital Asset Income Application Finblox Completes $3.9M Funding in Seed Round

Digital Asset Income Application Finblox Completes $3.9M Funding in Seed Round

Hong Kong-based digital asset income application Finblox announced the completion of a $3.9 million seed round.

Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups

Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups

Digital asset company Castle Island Ventures completed the largest financing in history, up to $250 million to invest in startups focused on building currency networks, financial services and Internet architecture.

El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts

El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts

With the crypto market witnessing massive liquidations affecting retail and institutional investors, El Salvador has also been on the receiving end with a loss of more than $11 million, given that it holds at least 1,391 Bitcoin, according to Bloomberg.

FTX Japan users withdraw funds amid litigation

FTX Japan users withdraw funds amid litigation

Due to the large number of FTX-SBF victims, payment is projected to take time.

$100,000 Forecasted as the Largest Strike Price for Bitcoin Options this Year, Analysis Predict

$100,000 Forecasted as the Largest Strike Price for Bitcoin Options this Year, Analysis Predict

The biggest strike price for BTC options is $100,000 with an open interest (OI) of $500 million.

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.

Helium Network Raises $111M through Token HNT Sale, Hitting a Three-month High

Helium Network Raises $111M through Token HNT Sale, Hitting a Three-month High

The Helium network, supported by Andreessen Horowitz, raised $111 million through the sale of its native token (HNT). HNT rose by 25.78% within 24 hours, and the price hit a three-month high.

Bitcoin Price Will Ignite on September 7, Says Former Prudential Securities CEO and New Bitcoin Bull George Ball

Bitcoin Price Will Ignite on September 7, Says Former Prudential Securities CEO and New Bitcoin Bull George Ball

George Ball the former chief executive of Prudential Securities and current chairman of Sanders Morris Harris has joined the growing list of traditional financial industry experts to advocate for Bitcoin as a safe have asset and hedge against inflation.

Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund

Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund

To expand the blockchain ecosystem, UAE-based venture capital firm Cypher Capital has launched a $100 million seed fund with a special interest in digital asset investments.

Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Investments, the American-based crypto management fund, announced a plan to launch its diversified crypto investment system for trading. This investment product is known as Grayscale Digital Large Cap Fund (GDLCF), and trading will begin in no distant time with access to US securities.

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Institutional investors continue to show their confidence in BTC, given that Bitcoin in public company treasuries has surpassed 200,000 BTC.

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.

SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups

SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups

SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.

Bloomberg Partners with Elwood Technologies to Aid Institutional Crypto Adoption

Bloomberg Partners with Elwood Technologies to Aid Institutional Crypto Adoption

To enable financial institutions and investment managers to govern their crypto investments seamlessly, Bloomberg has partnered with global fintech company Elwood Technologies.

Bitcoin Faces Major Resistance at 200-Week Moving Average

Bitcoin Faces Major Resistance at 200-Week Moving Average

Bitcoin’s consolidation in the lower $20K level continues as the leading cryptocurrency has lacked significant momentum to breach this zone.

Carl Icahn: Possibly Get Into Cryptocurrencies up to $1.5B in a ‘Big Way’

Carl Icahn: Possibly Get Into Cryptocurrencies up to $1.5B in a ‘Big Way’

Billionaire Carl Icahn, an American business tycoon who was sceptical of Bitcoin-led cryptocurrency before revealed in an interview with Bloomberg that it may get Into the cryptocurrency market up to $1.5B in a big way.

Binance Labs Announces ColLabs: A Web3 Investment Community Platform

Binance Labs Announces ColLabs: A Web3 Investment Community Platform

Binance Labs has launched ColLabs, an invite-only Web3 investment community, aiming to bridge the gap between venture capitalists, startups, and investors in the Web3 space. The platform combines a blog, newsletter, and Telegram channel for exclusive content and deal-sourcing opportunities.

SBI, Sygnum, and Azimut Jointly Established a $75M Venture Capital Fund for Crypto Startups

SBI, Sygnum, and Azimut Jointly Established a $75M Venture Capital Fund for Crypto Startups

Japanese financial giant SBI Group, Swiss bank of digital asset management Sygnum, and Italy's Azimut Group jointly raised a US$75 million venture capital fund in Singapore today, aiming to invest in capable start-up companies in the digital asset field.

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates

Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders

European Crypto Startups See Record VC Investment in 2022

European Crypto Startups See Record VC Investment in 2022

Despite a challenging year for the crypto industry in 2022, VC investment in European crypto startups reached an all-time high of $5.7 billion, with decentralized finance startups seeing a 120% increase in investments. Europe is also home to the highest number of crypto startups, but lags behind the US in unicorns and startups with over $1 million in funding. Investment in financial service-based startups declined by 19% compared to 2021, while infrastructure grew by 24%. The EU's Markets in Crypto-Assets regulations are set for a final vote in April 2023.

North Island Ventures to Invest $125m in 30 to 40 Emerging Crypto Firms

North Island Ventures to Invest $125m in 30 to 40 Emerging Crypto Firms

North Island Ventures said in a statement that is launching a new $125 million investment fund to execute 30 to 40 early-stage investments in emerging crypto and Web3 companies and protocols.

MicroStrategy Acquires Extra 13,005 Bitcoins, Owning Over 100,000 BTC

MicroStrategy Acquires Extra 13,005 Bitcoins, Owning Over 100,000 BTC

MicroStrategy CEO Michael Saylor confirmed the firm acquires additional 13,005 Bitcoins, by spending roughly $489 million in cash at an average price of around $37,617 per bitcoin. The company now owns over 100,000 BTC.

Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals

Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals

In an interview with Real vision media firm, Robert Gutmann, the CEO of cryptocurrency investment firm NYDIG, has revealed that unnamed state-owned investment funds have been approaching the crypto investment firm with inquiries about making Bitcoin purchases.

Transform Ventures Co-Invests in Alpha Transform Holdings to Accelerate Blockchain Investment

Transform Ventures Co-Invests in Alpha Transform Holdings to Accelerate Blockchain Investment

Transform Ventures has co-invested in Alpha Transform Holdings, a new holding company aiming to support the blockchain ecosystem through investments via two new funds. The merger of select assets from Transform Ventures and Alpha Sigma Capital’s parent company will amount to $100 million in assets under management, with a focus on delivering suites of products under asset management, Alpha Transform products, and Alpha Transform strategies.

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society.

Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption

Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption

As the first domestic lender on South Korean soil, Shinhan Bank has rolled out real-name corporate accounts to enable transactions from cash to crypto based on its partnership with cryptocurrency exchange Korbit.

Max Keiser Expects Other Enterprises to Acquire Bitcoin Following MicroStrategy’s Lead

Max Keiser Expects Other Enterprises to Acquire Bitcoin Following MicroStrategy’s Lead

Max Keiser believes that shareholders will demand other corporations and big companies to convert their cash reserves into Bitcoin, just like MicroStrategy corporation has done.

Ethereum’s Price Going through the Roof, Subject to Renewed Interest from Short-Term Traders

Ethereum’s Price Going through the Roof, Subject to Renewed Interest from Short-Term Traders

Ethereum’s surge to historic highs has renewed the discussion of whether the altcoin season is back as short-term traders' interest soars.

Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%

Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%

Institutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock.

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.

Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment

Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment

Crypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.

Fidelity Set to Hire 100 Employees to Strengthen its Crypto Firm

Fidelity Set to Hire 100 Employees to Strengthen its Crypto Firm

Fidelity Digital Assets, the asset management Behemoth Fidelity's cryptocurrency division, has disclosed its plans to hire 100 new employees in the next six months to strengthen its workforce

US Regulator Crypto Custody Proposal Opposed

US Regulator Crypto Custody Proposal Opposed

The US SEC's proposal to amend its custody rule has faced opposition from the Blockchain Association and Andreessen Horowitz, who have filed letters criticising the rule's impact on investment advisers and its potential to curtail investment in digital assets. The SEC's proposal would apply more stringent rules on investment advisers in the custody of assets, including crypto.

As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?

As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?

After months of consolidation between the $28K and $32K zone, a bullish or bearish run was imminent, and Bitcoin (BTC) has taken the latter route.

Gemini Allocates $24 Million for Expansion in India

Gemini Allocates $24 Million for Expansion in India

Gemini is set to invest $24 million in its Gurgaon development center in India, focusing on core platform areas like compliance and security. The move is part of Gemini's broader strategy to tap into India's burgeoning tech and startup ecosystem.

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.

SEC Rejects VanEck Spot Bitcoin Trust Proposal

SEC Rejects VanEck Spot Bitcoin Trust Proposal

The United States Securities and Exchange Commission has denied the proposal for a spot Bitcoin trust by investment manager VanEck. This decision follows a trend of the SEC denying every application for a spot Bitcoin trust over the last six years. Two SEC commissioners have released a statement criticizing the decision and alleging a double standard in the Commission’s approach to commodity-based exchange-traded products (ETPs).

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways

Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways

The Bitcoin price has stagnated, trending sideways between $32,000 and $34,000—but recognizing BTC’s true value is not all about price says Bitfinex CTO Paolo Ardoino.

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

New data from Glassnode reveals that Bitcoin (BTC) withdrawals from crypto exchanges have hit a 17-month high of 2,288.125.

Bitcoin’s Perpetual Swap Open Interest Slips below $11B for the First Time Since August

Bitcoin’s Perpetual Swap Open Interest Slips below $11B for the First Time Since August

The recent drop in the crypto market price made BTC’s perpetual swaps open interest to fall below $11 billion for the first time since August 5.

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.

More Than 1,000 Crypto Deals Sealed for Venture Capital Firms, Worth $17bn in 2022

More Than 1,000 Crypto Deals Sealed for Venture Capital Firms, Worth $17bn in 2022

Venture Capital (VC) firms continue penetrating the crypto sector, given that they have pumped in $17 billion so far this year.

Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B

Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B

Given that holding is a favored strategy in the crypto space, accumulation by small Bitcoin (BTC) holders continues to gain steam.

Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%

Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%

Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation.

Ethereum Whales’ Accumulation Mode Continues as Price Tops $3,200

Ethereum Whales’ Accumulation Mode Continues as Price Tops $3,200

Ethereum whales are not relenting in their accumulation quest because addresses with more than 100k coins now hold 43.7% of the ETH supply.

Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation

Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation

Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.

WisdomTree cryptocurrency funds lose value in fourth quarter

WisdomTree cryptocurrency funds lose value in fourth quarter

Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.

Nearly 67% of UAE Residents are Interested in Crypto Investments, Study Shows

Nearly 67% of UAE Residents are Interested in Crypto Investments, Study Shows

In the next five years, 67% of residents in the UAE will be interested in entering the crypto space, according to a survey by British market research and data analytics firm YouGov.

Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum

Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum

The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone.

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.

Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto

Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto

To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services.

Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency

Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency

On Tuesday, the News York Times reported about frustrated crypto investors demanding their money back. But things are thick than expected. The situation reflects similar cases in which many cryptocurrency investors frequently fall into trap each year. The article, therefore, highlights important things that crypto investors should think about before investing in cryptocurrency.

Horizon Kinetics Bets on Bitcoin as Inflation Bites

Horizon Kinetics Bets on Bitcoin as Inflation Bites

Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin.

U.S. Houston Firefighter’s Pension Fund Invests $25 Million in Bitcoin and Ethereum

U.S. Houston Firefighter’s Pension Fund Invests $25 Million in Bitcoin and Ethereum

The Houston Firefighters' Relief and Retirement Fund, which manages nearly $5.5 billion in assets, announced that it has invested in cryptocurrencies.

Bitcoin Crosses $61K as Bull Run Continues

Bitcoin Crosses $61K as Bull Run Continues

Bitcoin (BTC) has soared to new heights by hitting an all-time high of more than $61,000 not seen in its twelve-year history.

BNY Mellon's Subsidiary Insight Investment Doubts about Bitcoin as Payment Medium

BNY Mellon's Subsidiary Insight Investment Doubts about Bitcoin as Payment Medium

Despite the Bank of New York Mellon (BNY Mellon) becoming the first global bank that allows customers to hold, transfer, and issue digital currencies, Insight Investment, a subsidiary of BNY Mellon, reveals its sceptical attitude towards Bitcoin as the means of payment.

Japan’s Investment Bank Nomura to Establish Digital Asset Arm

Japan’s Investment Bank Nomura to Establish Digital Asset Arm

Nomura has joined the ongoing digital assets wave in the industry.

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.

Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision

Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision

Ark Invest CEO Cathie Wood criticizes Vanguard for excluding Bitcoin ETFs, marking a significant shift in investment preferences as customers move to crypto-friendly platforms. This controversy reflects the evolving dynamics of the financial sector.

FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding

FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding

FTX Derivatives Exchange has concluded its Series C funding round where it raised the sum of $400 million to increase its valuation to $32 billion.

Institutional Adoption is Playing a Part in the Next Leg of Ethereum’s Bull Run

Institutional Adoption is Playing a Part in the Next Leg of Ethereum’s Bull Run

Dan Tapiero, the CEO of 10T Holdings, believes that institutional adoption is propelling the next leg of Ethereum’s bull run.

Germany to Permit Institutional Funds to Invest Billions in Crypto Assets for the First Time

Germany to Permit Institutional Funds to Invest Billions in Crypto Assets for the First Time

The German administration is set to green-light legislation on Monday, which will permit institutional funds to invest as much as 20% in crypto assets like Bitcoin.

South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet

South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet

The Korea Teacher's Credit Union (KTCU) in South Korea is following a list of rising pension schemes across the world to invest in Bitcoin.

Superstate Gains $14m in Series A Led by Distributed Global and CoinFund

Superstate Gains $14m in Series A Led by Distributed Global and CoinFund

Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.

BlackRock's Bitcoin Strategy: Mining Investments and ETF Proposals

BlackRock's Bitcoin Strategy: Mining Investments and ETF Proposals

BlackRock has invested $411.54 million in Bitcoin mining businesses, including Riot Platforms Inc., Marathon Digital Holdings, Cipher Mining, and Terawulf, and proposed a Bitcoin ETF, despite SEC reluctance, highlighting Bitcoin's growing importance in finance.

Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain

Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain

Ethereum hits a record high of $2,718 as the European Investment Bank announces a plan to sell a "two-year digital bond" on the Ethereum blockchain network.

Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day

Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day

Grayscale Investments CEO Barry Silbert has announced a breathtaking increase of $300 million in AUM after a single day this week as Bitcoin went on its $13K bull run.

Ethereum 2.0 Hits a New Milestone with a Deposit of More Than 9 Million Ether

Ethereum 2.0 Hits a New Milestone with a Deposit of More Than 9 Million Ether

More investments continue trickling into Ethereum 2.0 because 9.01 million ETH has been staked.

Bitcoin Options Worth $1.3 Billion Expire

Bitcoin Options Worth $1.3 Billion Expire

The largest lot of Bitcoin options until the year's end expired on Nov 27. The number stood at 78,000 Bitcoin (BTC) with a notional value of $1.3 billion.

Are Bitcoin Miners Earning Minimum Reward as Hash Price Plunged to Historic Lows?

Are Bitcoin Miners Earning Minimum Reward as Hash Price Plunged to Historic Lows?

The revenue of Bitcoin miners continues to dwindle, given that the hash price has nosedived to historic lows of $66,500 per Exahash, according to Glassnode.

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population

Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.

April 20: Too Many Have Missed the ETH Lining Because They're Expecting BTC

April 20: Too Many Have Missed the ETH Lining Because They're Expecting BTC

Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!

Bitcoin Needs to Flip the $47K Area for Support before Witnessing a Surge to $50K

Bitcoin Needs to Flip the $47K Area for Support before Witnessing a Surge to $50K

Market analyst Michael van de Poppe believes that Bitcoin needs to flip the $47K area to accomplish its $50K journey.

Best safe investments for your money in 2021

Best safe investments for your money in 2021

Choosing a reliable broker is a major concern if you want to trade your investments in safe hands since the safety of funds is always the most important.

NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing

NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing

Non-Fungible Token (NFT) trading platform MakersPlace announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial.

How Smart Money Is Investing

How Smart Money Is Investing

With a flurry of renewed interest in cryptoassets, and multiple new opportunities for riches abounding, the vast majority of us can’t help but tentatively listen to that voice whispering in our ear, “remember 2018”. The bull run throughout 2017 ended in tears for many as early 2018 saw the market enter into an abrupt and prolonged bear cycle that lasted the better part of three years.

Litecoin vs Ethereum: The 8 Differences that You Should Know

Litecoin vs Ethereum: The 8 Differences that You Should Know

Litecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.

Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises

Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises

Billionaire Howard Marks has acknowledged that the growing demand of Bitcoin has shifted his perspective.

Despite $45M Square’s BTC Impairment Loss, Cash App’s Quarterly Bitcoin revenue has Tripled

Despite $45M Square’s BTC Impairment Loss, Cash App’s Quarterly Bitcoin revenue has Tripled

Digital payment giant Square officially released the Shareholder Letter of Q2 2021 on Sunday. Its financial data for the quarter recorded the quarterly bitcoin revenue of its Cash App has tripled, despite the company's bitcoin holdings were devalued by $45 million.

Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors

Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors

Bitcoin’s price rebounded slightly, which has increased by 24.15% over the past week. However, the institutional sentiment remains bearish.

Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR

Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR

A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.

Thailand SEC Eases ICO Restrictions

Thailand SEC Eases ICO Restrictions

Thailand’s Securities and Exchange Commission (SEC) plans to lift restrictions on retail investment in initial coin offerings (ICOs). The SEC aims to permit bigger investments in asset-backed ICOs, including those backed by real estate and infrastructure.

Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio

Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio

U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company to expand the Non-fungible token (NFT) business.

Square's $50 Million in Bitcoin is Better for Crypto than MicroStrategy's $425 Million BTC Investment

Square's $50 Million in Bitcoin is Better for Crypto than MicroStrategy's $425 Million BTC Investment

While Square’s investment is significantly smaller than MicroStrategy’s, the effects could be significantly greater for Bitcoin’s visibility and maturity in the mainstream markets.

Fundraising by Crypto Companies Accounts for $8.2B in Q3

Fundraising by Crypto Companies Accounts for $8.2B in Q3

A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.

Over 42 Million Address Hold Bitcoin amid the Bear Market, 4.5 Million More than 2021

Over 42 Million Address Hold Bitcoin amid the Bear Market, 4.5 Million More than 2021

Bitcoin lacks a significant leg up as bears continue to bite. Nevertheless, Bitcoin hodlers are not relenting in their quest to have more coins.

El Salvador to Reform Laws to Favor Citizenship through Investment

El Salvador to Reform Laws to Favor Citizenship through Investment

President Nayib Bukele is pushing for several policy reforms that will grant Citizenship by Investment to foreign investors, according to his recent disclosed message on Twitter.

Bitcoin Briefly Slips Below $20K amid Fed Chair’s Revelation that Rate Tightening will Continue

Bitcoin Briefly Slips Below $20K amid Fed Chair’s Revelation that Rate Tightening will Continue

Bitcoin (BTC) nosedived below the psychological price of $20,000 as recession, and rate tightening fears engulfed the market.

Buying Pressure on Bitcoin Dwindles as more BTC Moving to Exchanges

Buying Pressure on Bitcoin Dwindles as more BTC Moving to Exchanges

Bitcoin’s bearish momentum continues, data shows more Bitcoins are transferring to exchanges from cold wallets, which means the selling pressure is on the rise.

Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021

Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021

The fintech sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at 1.48 billion.

Non-Zero Bitcoin Addresses Hit ATH as Illiquid Supply Sees Major Growth

Non-Zero Bitcoin Addresses Hit ATH as Illiquid Supply Sees Major Growth

More participants continue to join the Bitcoin (BTC) network despite continued consolidation.

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.

Bitcoin Breaches Psychological Level of $30K amid Dollar Index Slipping

Bitcoin Breaches Psychological Level of $30K amid Dollar Index Slipping

After printing nine consecutive weekly red candles, a scenario not seen in its 13-year journey, Bitcoin (BTC) is back to winning ways after topping the psychological price of $30,000.

US Banking Giant Patents AI Fact Checker to Simplify Investing in Crypto

US Banking Giant Patents AI Fact Checker to Simplify Investing in Crypto

Capital One Services, a subsidiary of US banking giant Capital One has patented a new artificial intelligence system to guide human cryptocurrency traders through the complicated world of misinformation in the digital assets space.

Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom

Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom

As Bitcoin stagnates between the $29K and $30K levels, sentiment about the leading cryptocurrency has nosedived to levels last seen during the onset of the Covid-19 pandemic in March 2020.

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round just weeks after its subreddit r/WallStreetBets took on Wall Street.

Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows

Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows

More women are investing and trading cryptocurrencies in Turkey as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin.

WeWork Will Begin Accepting Crypto Payments amid Partnership with Coinbase

WeWork Will Begin Accepting Crypto Payments amid Partnership with Coinbase

WeWork figures among the companies that have welcomed cryptocurrency payments with open arms. Partnering up with Coinbase and BitPay, WeWork will begin offering cryptocurrency payments as an option.

Bitcoin Inflows Into Exchanges Hits a 5-Month Low

Bitcoin Inflows Into Exchanges Hits a 5-Month Low

Bitcoin inflows into crypto exchanges dropped to a 5-month low.

Glassnode Survey: 60% of Bitcoin Supply has been Immobile Showing Investors’ Hodling Behaviour

Glassnode Survey: 60% of Bitcoin Supply has been Immobile Showing Investors’ Hodling Behaviour

Glassnode, an on-chain analysis company, has revealed that 60% of Bitcoin (BTC) supply has remained inactive in more than a year. This considerable number shows the hodling tendencies adopted by investors, and a similar trend was witnessed in 2017 some months before the BTC price skyrocketed to a record high of $20,000.

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.

Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

According to a survey, about 70% of financial executives said that they are watching closely what others are doing with Bitcoins and they would still like to hear more from regulators about the digital currency before allocating a portion of their company's cash reserves to the cryptocurrency.

Bitcoin’s Illiquid Supply Hits ATH as BTC and the S&P 500 Index Continue Being Strongly Correlated

Bitcoin’s Illiquid Supply Hits ATH as BTC and the S&P 500 Index Continue Being Strongly Correlated

Illiquid supply in the Bitcoin network hit a record-high, as acknowledged by on-chain metrics provider Dilution-proof.

May 26: It's Always Been There

May 26: It's Always Been There

Strategy today? With SPX e-mini futures now just shy of 20 points from 3,000 level and the highest it's traded since the March 23 crash, I expect BTC to follow. Expectedly, this recent sell off has been mostly triggered by large players (i.e. whales) trimming their positions.

Bitcoin, Bumble, and Beyond

Bitcoin, Bumble, and Beyond

What do Bitcoin and Bumble have in common? They’re both showing us glimpses of the #AIP future.

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.

All You Need to Know Before Investing in Cryptocurrencies

All You Need to Know Before Investing in Cryptocurrencies

It is best to understand how it differs from other methods, as well as how to avoid cryptocurrency scams before you make an investment.

2022 was a tough year for crypto with a decline in venture

2022 was a tough year for crypto with a decline in venture

Due to tough macro circumstances and industry developments, blockchain and cryptocurrency-related VC investments fell every quarter in 2022.

Bitget Pledges $10 Million for Fetch.ai Ecosystem

Bitget Pledges $10 Million for Fetch.ai Ecosystem

Bitget, a cryptocurrency derivatives exchange, has pledged $10 million towards the development of the Fetch.ai ecosystem. Fetch.ai provides infrastructure for autonomous services and features an AI agent network and smart wallet.

Bitcoin Dominance Hits 4-Year Low, Dormant Supply Touches Historic Highs

Bitcoin Dominance Hits 4-Year Low, Dormant Supply Touches Historic Highs

Bitcoin’s dominance in the crypto scene has nosedived as the leading cryptocurrency continues trading on shaky grounds.

Bitcoin Needs to Hold $36K for Sustainable Upward Momentum

Bitcoin Needs to Hold $36K for Sustainable Upward Momentum

BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said.

5 Ways The Crypto Market Has Changed In 2020

5 Ways The Crypto Market Has Changed In 2020

The cryptocurrency market is constantly evolving. Among new investment methods, new technologies, and new cryptocurrencies altogether, these are some of the most prominent developments in 2020.

Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust

Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust

Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.

Over 1 in 3 TikTok Influencers Post Misleading Crypto Content

Over 1 in 3 TikTok Influencers Post Misleading Crypto Content

A study by dappGambl found that over 1 in 3 TikTok influencers posting crypto-related content were found to be sharing misleading information, without providing adequate disclaimers or warning users about investment risks. The study analyzed over 1,161 videos on the platform and discovered that 47% of creators were pushing services to make money. The potential financial risk for unwary investors remains high, with popular hashtags related to crypto churning over 6 billion views on TikTok.

Microsoft's 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth

Microsoft's 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth

Microsoft's significant investment in the UK's AI infrastructure is expected to significantly enhance the country's technology sector and its global AI standing.

Total Value Locked in Ethereum 2.0 Hits a Record-High Amid ETH Supply on Exchanges Nosediving

Total Value Locked in Ethereum 2.0 Hits a Record-High Amid ETH Supply on Exchanges Nosediving

Ethereum 2.0 deposit contract continues to see an uptick in investments based on a surge in the total value locked (TVL).

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

16% of BTC's realized market cap is now owned by institutional investors, according to the CEO of CryptoQuant.com.

Bitcoin Needs to Break $51K Level for an Continuous Upsurge

Bitcoin Needs to Break $51K Level for an Continuous Upsurge

Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.

Bitcoin Investment Requires a Long-Term Strategy, Says Former Wall Street Stockbroker

Bitcoin Investment Requires a Long-Term Strategy, Says Former Wall Street Stockbroker

Based on the back and forth experienced in the Bitcoin market, a long-term approach is suggested for investment in the leading cryptocurrency, according to Jordan Belfort, a former Wall Street stockbroker.

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.

Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived

Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived

After hitting the $40K level as Fed’s interest rate hike made airwaves on May 4, Bitcoin finds itself on the receiving end because it has sunk to a two-month low.

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.

Bitcoin Short Term Speculators Blamed for the Investor Group Realizing Most Losses

Bitcoin Short Term Speculators Blamed for the Investor Group Realizing Most Losses

Bitcoin short term investors have been blamed for the primary culprits in the crash witnessed in the crypto market.

Waze Co-Founder Uri Levine Says Cryptocurrency and Bitcoin is Only for Crime and Dark Economy

Waze Co-Founder Uri Levine Says Cryptocurrency and Bitcoin is Only for Crime and Dark Economy

Uri Levine, Waze Co-Founder, has revealed that he believes Bitcoin and other crypto assets are purely for the dark economy and only really leveraged by criminals.

Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially

Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially

Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.

Bill Miller: Bitcoin- Still A Safe Investment Despite Market Crash

Bill Miller: Bitcoin- Still A Safe Investment Despite Market Crash

Despite Bitcoin investing receiving more attention about its volatility, renowned US fund manager and investor, Bill Miller, believes that there is still a good reason to own the crypto.

GameStop Phases Out NFT Platform in Response to Regulatory Challenges

GameStop Phases Out NFT Platform in Response to Regulatory Challenges

GameStop has announced the closure of its NFT marketplace, citing regulatory uncertainty. Effective from February 2, 2024, the platform will cease operations but assures that NFTs remain accessible on the blockchain.

Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed

Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed

After hitting lows of $37,585 over the weekend, Bitcoin has gained some momentum by breaching the $38K level.

64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues

64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues

The amount of Bitcoin’s circulating supply that has stagnated for at least a year hit an all-time high (ATH) of 64%, signaling a supply deficit.

Bitcoin Has Surged by More Than 295% in 2020 as US Dollar Index Slips to a 32-Month Low

Bitcoin Has Surged by More Than 295% in 2020 as US Dollar Index Slips to a 32-Month Low

Bitcoin has hit a new record high of $28,600 and this bull run has made the leading cryptocurrency gain more than 295% this year.

NFT Trading Platform Giant OpenSea Raises $100 M in Series B Funding, Becoming Next Crypto Unicorn

NFT Trading Platform Giant OpenSea Raises $100 M in Series B Funding, Becoming Next Crypto Unicorn

The well-known NFT trading platform giant OpenSea announced the completion of a US$100 million Series B financing, joining the track of crypto unicorn officially.

Peter Schiff Sends Stern Warning to Barry Silbert Over Grayscale Bitcoin Trust Price Collapse

Peter Schiff Sends Stern Warning to Barry Silbert Over Grayscale Bitcoin Trust Price Collapse

Grayscale investments’ national ad campaign has fallen on deaf ears, with shares in Grayscale’s Ethereum Trust plummets 80%. Peter Schiff sends a warning to Grayscale investments CEO Barry Silbert.

Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square

Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square

The Ark investment has placed a strong bet on the US version of the online payment provider Square, which bought another total of about 226,000 shares of the Square (SQ) at a cost of about $54 million.

The Value Stored in the Bitcoin Network Stands at an All-Time High

The Value Stored in the Bitcoin Network Stands at an All-Time High

The value stored in the Bitcoin network is at a record high based on the realized price.

Short-Term Bitcoin Holders Have Been Selling at a Net Loss Since May 13

Short-Term Bitcoin Holders Have Been Selling at a Net Loss Since May 13

Ever since Bitcoin (BTC) dropped from the record-high price of $64,800 set in mid-April, short-term holders have found themselves on the receiving end based on a sharp correction.

Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital

Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital

Fidelity Investment Inc now has a 7.4% stake in Marathon Digital Holdings, a major crypto mining firm in North America.

BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year

BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year

Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets over the last year based on the Sharpe Ratio.

Payments giant PayPal and Galaxy raise $20 million

Payments giant PayPal and Galaxy raise $20 million

The investment round included 23 organizations and six angel investors.

Grayscale Contacts with SEC over the Securities Status of Three Trusts

Grayscale Contacts with SEC over the Securities Status of Three Trusts

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) has been in contact with a staff of the United States Securities and Exchange Commission (SEC) over the definition of the status of three of its established Trusts.

Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800

Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800

Bitcoin has been able to pick up the pieces because it is 11% away from the all-time high (ATH) price of $64,800 set in mid-April.

Low-Risk Appetite Continues to Play Out in Bitcoin Market Based on Diminishing Institutional Activity

Low-Risk Appetite Continues to Play Out in Bitcoin Market Based on Diminishing Institutional Activity

Institutional activity remains sluggish as Bitcoin hovers around the lower $20K level, depicting a low-risk appetite.

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance

Gold Bull Peter Schiff Changes Bitcoin Price Prediction as BTC Smashes New Record of $50,000

Gold Bull Peter Schiff Changes Bitcoin Price Prediction as BTC Smashes New Record of $50,000

Bitcoin has achieved a new record high of $50,000 as institutional support has continued to pile onto the cryptocurrency.

El Salvador Tourism Sector Surges 30%, Benefit from Adopting Bitcoin as Legal Tender

El Salvador Tourism Sector Surges 30%, Benefit from Adopting Bitcoin as Legal Tender

El Salvador is leaping the dividends of making Bitcoin legal tender. The nation’s tourism industry has recorded a 30% surge since this milestone was attained in September 2021.

Bitcoin Hodlers Remain Steadfast, Coins Aged over 3 months Hit ATH of 86.3%

Bitcoin Hodlers Remain Steadfast, Coins Aged over 3 months Hit ATH of 86.3%

Despite Bitcoin lacking a significant upward momentum, this has not dampened the spirits of hodlers because coins aged at least 3 months hit an ATH of 86.3%, according to Glassnode.

Long Term Bitcoin Holders Emerge as the Biggest Beneficiaries with a Cost Basis of $17,750

Long Term Bitcoin Holders Emerge as the Biggest Beneficiaries with a Cost Basis of $17,750

Long-term holders have been laughing all the way to the bank based on their cost basis of $17, 750, given that Bitcoin's price current stands at around $63,355.

ARK Invest Intensifies Investment in Robinhood

ARK Invest Intensifies Investment in Robinhood

ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.

Bitcoin Is Still the Cryptocurrency to Own Despite Current Struggles, says SkyBridge Capital Founder

Bitcoin Is Still the Cryptocurrency to Own Despite Current Struggles, says SkyBridge Capital Founder

SkyBridge Capital founder Anthony Scaramucci believes that Bitcoin is still the cryptocurrency to watch because it has attained “escape velocity."

Q9 Capital Releases 1st Integrated Crypto Portfolio Performance Analytics

Q9 Capital Releases 1st Integrated Crypto Portfolio Performance Analytics

Crypto investment platform Q9 Capital has launched the industry's first integrated portfolio performance analytics solution.

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin’s rally continues above the $19,000 level, and by now it is clear that the bull run this time around is largely driven by institutional investors.

Fidelity Digital Assets Demystifies Common Misconceptions Surrounding Bitcoin

Fidelity Digital Assets Demystifies Common Misconceptions Surrounding Bitcoin

Fidelity Digital Assets, the US-based crypto arm of Fidelity, has taken it upon itself to debunk common misconceptions revolving around Bitcoin.

Wealthfront To Enable Cryptocurrency Investments for its Clients

Wealthfront To Enable Cryptocurrency Investments for its Clients

Wealthfront is the latest mainstream firm that plans to offer cryptocurrencies to its clients.

CNBC Mad Money Host Jim Cramer From Skeptic to Bitcoin Bull

CNBC Mad Money Host Jim Cramer From Skeptic to Bitcoin Bull

CNBC’s Mad Money host Jim Cramer thinks a major shift in safe-haven assets is on its way and believes Bitcoin and crypto will be the choice of the next generation.

Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation

Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation

In a bid to salvage the LUNA and UST crash, the Luna Foundation Guard (LFG) liquidated 80,081 BTC, but these coins were received with open arms by entities holding less than 10,000 Bitcoins.

Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows

Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows

With 2021 emerging as a strong year for cryptocurrencies, global investors made $162.7 million in realized gains, according to blockchain analytic firm Chainalysis.

Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone

Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone

Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

The US Department of Justice charged a Florida native with wire fraud, for soliciting investors in a diamond-backed cryptocurrency Ponzi and investment scam.

Institutions Accumulating Bitcoin as BTC’s Adoption Rate Surpasses the Rate of Internet

Institutions Accumulating Bitcoin as BTC’s Adoption Rate Surpasses the Rate of Internet

Institutions have been pumping investments in the Bitcoin market, which has been instrumental in an uptick in price.

UK to Invest in AI Task Force

UK to Invest in AI Task Force

UK officials announced the allocation of £100 million in funding to support an AI task force to accelerate the country's readiness for AI adoption. The task force will prioritize public services and will aim to ensure safe and reliable foundation models for AI use.

A Rising Rate Environment will Tilt from Bonds to Crypto, Says Fundstrat Founder

A Rising Rate Environment will Tilt from Bonds to Crypto, Says Fundstrat Founder

Thomas (Tom) Lee, the founder of Fundstrat Global Advisors, believes that a hike in interest rates will be a game-changer for crypto because other investments like bonds will become less attractive.

Crypto-related Investment Slowdown May Continue in H2, KPMG Predicts

Crypto-related Investment Slowdown May Continue in H2, KPMG Predicts

Attributed to the so-called crypto winter during H1, the amount of investment in the crypto market has been dragged, attracting over $14 billion in H1, according to global audit and consultancy firm KPMG.

The Issuance of a $1.5B Junk Bond by Coinbase Indicates Investors are Eager to Join Crypto

The Issuance of a $1.5B Junk Bond by Coinbase Indicates Investors are Eager to Join Crypto

Coinbase's sale of a junk bond with a total value of $1.5 billion shows that cryptocurrencies have gradually become mainstream.

Guggenheim’s Scott Minerd Says Bitcoin Price Should Rise to $400,000

Guggenheim’s Scott Minerd Says Bitcoin Price Should Rise to $400,000

Scott Minerd, Global Chief Investment Officer at Guggenheim Investments, believes that the price of Bitcoin will hit highs of around $400,000 based on its fundamental value.

Bitcoin is Moving to Strong Hands as Small Holders are Proving to be a Rising Force

Bitcoin is Moving to Strong Hands as Small Holders are Proving to be a Rising Force

On-chain analyst Will Clemente believes that Bitcoin is moving to strong hands given that its supply shock is at levels witnessed at the $50-$60K range.

Dutch Government Invests Heavily in AI to Compete Globally

Dutch Government Invests Heavily in AI to Compete Globally

The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.

Former Banker Charged with Crypto Investment Fraud

Former Banker Charged with Crypto Investment Fraud

Rashawn Russell, a former investment banker and registered broker, has been charged in federal court for defrauding investors with fake cryptocurrency investments and misappropriating funds to finance his lifestyle.

Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI

Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI

Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.

Bitcoin Shark, Whale Addresses Have Been Surging Since Mid-June

Bitcoin Shark, Whale Addresses Have Been Surging Since Mid-June

As Bitcoin continues hovering around the $23,000 level, shark and whale addresses have been experiencing a leg up since mid-June.

Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market

Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market

The amount invested by institutions and corporates in the Bitcoin market is a small percent of their total cash reserve

Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC's Correlation with S&P 500 Hits ATH

Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC's Correlation with S&P 500 Hits ATH

Market analyst Ali Martinez believes a bearish picture is being painted in the BTC market because it has broken the historical trendline, but it can be invalidated if $36K is reclaimed.

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).

AI's False Promises: CFTC Warns of Soaring Crypto Scams

AI's False Promises: CFTC Warns of Soaring Crypto Scams

The U.S. Commodity Futures Trading Commission (CFTC) alerts the public about the surge in AI-driven crypto scams, emphasizing the technology's inability to predict market trends and the dangers of misleading claims about high returns.

Michael Saylor: Selling MicroStrategy Shares to Boost Bitcoin Holdings

Michael Saylor: Selling MicroStrategy Shares to Boost Bitcoin Holdings

MicroStrategy's Michael Saylor is selling $216M in company shares to invest in Bitcoin, reflecting his confidence in the cryptocurrency's future and the company's ongoing commitment to it.

UAE Investors Enable Crypto Trading in Dirhams following Kraken and RAKBANK Partnership

UAE Investors Enable Crypto Trading in Dirhams following Kraken and RAKBANK Partnership

Kraken, a leading cryptocurrency exchange, has joined hands with RAKBANK to enable UAE residents to trade crypto in dirhams through their local bank accounts.

Bitcoin Needs Upward Catalyst to Exit the Current Range as Scepticism Mounts, Says Expert

Bitcoin Needs Upward Catalyst to Exit the Current Range as Scepticism Mounts, Says Expert

The retracement to the $29K zone has jeopardized the much-anticipated Bitcoin (BTC) recovery as skepticism engulfs the market.

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly.

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

As the Bitcoin bulls continue to run and push the BTC price to new levels, a massive amount of crypto has been shifting from East Asia to North America—a trend which could represent a huge shift in the crypto market according to Reuters.

Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications

Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications

Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC.

Is Bitcoin Digital Gold? SkyBridge Says Yes, JPMorgan Says No as Market Dynamics Have Changed

Is Bitcoin Digital Gold? SkyBridge Says Yes, JPMorgan Says No as Market Dynamics Have Changed

Institutional investment in Bitcoin has many convinced that it has already succeeded in its transition into digital gold—but the debate continues to rage at the highest levels.

Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks

Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks

Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.

Financial Way of Future, Building Wealth Are Key Drivers of Owning Crypto: Study Shows

Financial Way of Future, Building Wealth Are Key Drivers of Owning Crypto: Study Shows

A study showed up to 42% and 41% of people think owning crypto is the financial way of the future and wealth-builders, respectively, according to Visa.

Top Three Advantages of the Forex Trading Profession

Top Three Advantages of the Forex Trading Profession

There are also many other foreign exchange markets where you can start trading but the Forex market has many advantages. If you know and understand the Forex market then you won’t be able to quit trading in the market. Most people choose the Forex market as it gives higher chances to make a profit than in the other foreign exchange markets. In this article, you will be able to discover the advantages of Forex trading so make sure you read the full article.

News Industry Grapples with Financial Woes and AI Disruption

News Industry Grapples with Financial Woes and AI Disruption

The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.

Bitcoin Exchange Balances At Two Year Low

Bitcoin Exchange Balances At Two Year Low

A decrease in bitcoin balances on exchanges signals that many investors could be holding for the long-term.

Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year

Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year

Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.

Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets

Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets

Grayscale Investments has joined other exchanges and funds in removing its support of Ripple’s XRP token.

Long-Term Bitcoin Holder Supply Shock Hits a Record-High, Suggesting Price Could Surge in Months

Long-Term Bitcoin Holder Supply Shock Hits a Record-High, Suggesting Price Could Surge in Months

On-chain analyst Will Clemente believes Bitcoin might witness a significant price appreciation in coming months based on the long-term holder supply shock.

Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”

Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”

Grayscale Bitcoin Trust is offering mainstream investors access to the newly proclaimed era of digital gold as Bitcoin evolves into a dominant store of wealth.

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors

The US Securities and Exchange Commission filed a complaint against three men posing as pastors who defrauded churchgoers in a cryptocurrency Ponzi scheme.

Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize

Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize

The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment.

C10: An All-Weather Approach to Investing In Cryptocurrencies

C10: An All-Weather Approach to Investing In Cryptocurrencies

The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.

UK Fund Managers Urge Regulators to Approve Blockchain-Traded Funds

UK Fund Managers Urge Regulators to Approve Blockchain-Traded Funds

UK fund managers urge regulators to approve blockchain-traded funds, suggesting this move will help the UK in line with advances in the financial ecosystem.

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Dan Tapiero, the co-founder of fintech and digital asset firm 10T Holdings, trusts that the remarkable increase in US household liquidity to the tune of $2.67 trillion could trigger further upward momentum for Bitcoin.

Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1

Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1

Meitu, a Hong Kong-listed beauty app, announced an interim net loss between $41.1 million and $52.3 million in H1 ( representing a loss of up to 154.1%). The firm attributed its loss to acquired cryptocurrency impairment.

Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering

Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering

Blockchain security and audits firm, Certik raise nearly $88 million through a stock offering.

Institutional investors pull back from crypto amid regulatory crackdown

Institutional investors pull back from crypto amid regulatory crackdown

Last week, institutional fund withdrawals reached $32 million, despite a 10% market increase.

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand

Grayscale Investments LLC has announced plans to explore other digital assets.

MicroStrategy Acquires Extra 7,002 Bitcoins, Bringing its Portfolio to over 121K BTC

MicroStrategy Acquires Extra 7,002 Bitcoins, Bringing its Portfolio to over 121K BTC

MicroStrategy has continuously accumulated Bitcoins to 121,044 BTC over the past year. The firm confirms it has purchased over 7000 Bitcoins on Monday.

Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist

Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist

Matt Maley, the equity strategist at leading institutional trading firm Miller Tabak + Co, believes Bitcoin could rally towards $75,000 “very quickly” based on some chart patterns.

Kenanga Investment Bank Collaborates with Ant Group to Launch Crypto-based Applications

Kenanga Investment Bank Collaborates with Ant Group to Launch Crypto-based Applications

Kenanga will introduce an app that enables customers to crypto trading and portfolio management. Reportedly, the app could be launched in early 2023.

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

El Salvador has been making significant strides in the crypto space ever since, with the latest being Bitcoin wallets dwarfing bank accounts in the nation.

April 16: When Memories Last A Lifetime

April 16: When Memories Last A Lifetime

Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!

Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?

Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?

Profit-taking tendencies in the Bitcoin market contributed to the price dropping below the psychological price of $40,000.

Indonesia Plans to Strengthen Security for Crypto Investments

Indonesia Plans to Strengthen Security for Crypto Investments

The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto investments to improve protection for investors, the Southeast Asian country's minister said on Thursday.

Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level

Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level

After dropping to lows of $38.5K over the Easter weekend, Bitcoin has gained momentum and breached the psychological price of $40,000 based on an uptick in trading volume.

PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

Following Part 1 of the interview, Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain analyzed the key challenges for startups to become a “Unicorn” in Singapore and shared with us how PwC Singapore’s Venture Hub partners with local regulators and accelerators to foster FinTech innovation in Singapore.

Blockchain-based Distribution Protocol TravelX Raises $10m in Seed Round

Blockchain-based Distribution Protocol TravelX Raises $10m in Seed Round

TravelX, a company focused on the use of blockchain technology for distribution in the travel industry, has raised $10 million in a seed round led by Borderless Capital.

Binance Raises $500m Crypto Fund to Enhance Blockchain & Web3 Adoption

Binance Raises $500m Crypto Fund to Enhance Blockchain & Web3 Adoption

Binance has raised $500 million funds to invest in projects that propel crypto use cases and aid the adoption of blockchain and Web3 technologies.

VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker

VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker

VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.

US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.

Galaxy Asset Management's AUM Exceeds $10 Billion Milestone

Galaxy Asset Management's AUM Exceeds $10 Billion Milestone

Galaxy Asset Management reaches a new pinnacle with over $10 billion in assets under management, reflecting robust institutional interest in digital assets.

Ripple to Cash In One-Third of its Stake in MoneyGram

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility

Samsung Electronics has revealed plans to make the metaverse more accessible by developing innovative devices as it sees it as a new business model.

Billionaire John Paulson Describes Crypto as “Worthless Bubble”, Will Eventually Crash to Zero

Billionaire John Paulson Describes Crypto as “Worthless Bubble”, Will Eventually Crash to Zero

Legendary Billionaire investor, John Paulson, has trashed cryptocurrency. Paulson now calls cryptocurrencies a bubble that will eventually prove to be worthless. He instead recommends gold as a safe haven asset.

Philippines Warns the Public on Bitcoin Scammers Posing as Government Officials

Philippines Warns the Public on Bitcoin Scammers Posing as Government Officials

Finance ministry of the Philippines Government has alerted the public about false information that fraudulently uses the name of Secretary Carlos Dominguez III to promote a fake crypto trading platform recognized as “Bitcoin Revolution”.

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.

Uniswap Labs Unveils New Venture Capital Unit Focused on Web3 Projects

Uniswap Labs Unveils New Venture Capital Unit Focused on Web3 Projects

Uniswap Labs Ventures seeks to become a catalyst for the new web3 economy by supporting innovative and disruptive firms that are creating new financial applications and concepts.

Double Bottom Pattern Playing Out in the Bitcoin Market, Is $50K in Sight?

Double Bottom Pattern Playing Out in the Bitcoin Market, Is $50K in Sight?

A double bottom pattern continues to play out in the BTC market because the leading cryptocurrency has remained steadfast above the psychological price of $40,000 for the past few days.

BlackRock to Boost Crypto Access Points through Partnership with Coinbase

BlackRock to Boost Crypto Access Points through Partnership with Coinbase

BlackRock, the globe’s largest asset manager, has teamed up with crypto exchange Coinbase to provide institutional investors with new crypto access points.

SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap

SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap

SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices.

Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?

Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?

With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cryptocurrency continues to trade at an 18-month low.

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.

FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment

FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment

FinFabrik is pleased to announce that it signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology.

FTX investors file class-action suit against Sequoia

FTX investors file class-action suit against Sequoia

FTX investor class-action lawsuit venture capital companies have a "tricky case," according to a crypto lawyer.

BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation

BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation

BlackRock Inc plans to lay off 600 employees, following a similar pattern from 2023. Meanwhile, it eagerly awaits the SEC's decision on its Bitcoin ETF application, a potential game-changer in the crypto market.

Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show

In the past one week, institutional investors pumped a whopping $429 million into crypto funds and products, with GrayScale taking the bulk at $336.3 million.

Bitcoin Should Breakthrough $44.5K Level to Create Higher High

Bitcoin Should Breakthrough $44.5K Level to Create Higher High

Having broken the high resistance level between $38,000 and $40,000, Bitcoin needs to shatter the $44,500 area so that a higher high can be created for a sustained upward momentum.

South Korea Crypto Sector Face Headwind over Stricter Legal Regulations Challenges ahead

South Korea Crypto Sector Face Headwind over Stricter Legal Regulations Challenges ahead

Crypto sectors and retail investors face a tough time as the finical regulators in South Korea are about implementing tougher and stricter administrative measurements to supervise the crypto industry.

Investment Bank Cowen Joins Cryptocurrency Craze with Digital Asset Division Launch

Investment Bank Cowen Joins Cryptocurrency Craze with Digital Asset Division Launch

Cowen joined the rush by major financial services companies to bet on digital assets like Bitcoin. The bank has created a new unit dedicated to helping customers to hold, issue, and trade digital assets.

Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

BTC addresses holding between 100 and 10,000 BTC have been on a spending spree, given that they have added 90,000 BTC to their portfolio, as acknowledged by on-chain metrics provider Santiment.

Institutional Bitcoin Adoption in Asia is Making a Big Step Forward

Institutional Bitcoin Adoption in Asia is Making a Big Step Forward

Bitcoin adoption in Asia is taking a new turn as more institutional investors are joining the network.