Cryptocurrency

Bitcoin (BTC) Faces Market Challenges Amid ETF Outflows and Weakening Futures
cryptocurrency

Bitcoin (BTC) Faces Market Challenges Amid ETF Outflows and Weakening Futures

Bitcoin's market faces growing risk aversion with ETF outflows, weakening futures, and declining on-chain activity, signaling potential downside pressure without renewed liquidity.

VeChain Unveils Galactica: A New Era for VeChainThor with VIP Upgrades
cryptocurrency

VeChain Unveils Galactica: A New Era for VeChainThor with VIP Upgrades

VeChain announces the Galactica phase, featuring major VIP upgrades to VeChainThor, aiming for enhanced tokenomics and blockchain interoperability. Stakeholders to vote on these changes starting February 24th.

BitMEX Launches Q2 2025 Quarterly Futures Contracts
cryptocurrency

BitMEX Launches Q2 2025 Quarterly Futures Contracts

BitMEX has announced the launch of its Q2 2025 quarterly futures contracts, enhancing trading options for its users. However, access remains restricted in certain jurisdictions.

Bitcoin (BTC) Faces Volatile Trading as Market Losses Rise Amid Economic Uncertainty
cryptocurrency

Bitcoin (BTC) Faces Volatile Trading as Market Losses Rise Amid Economic Uncertainty

Bitcoin's price fluctuates between $85,000 and $92,000 as market uncertainty and macroeconomic factors lead to increased volatility and significant trading losses.

Thailand SEC Approves Tether's USD₮ as Official Cryptocurrency
cryptocurrency

Thailand SEC Approves Tether's USD₮ as Official Cryptocurrency

Thailand's SEC has approved Tether's USD₮ as an official cryptocurrency, marking a significant step in the nation's digital asset framework.

U.S. Sanctions Iran-Based Administrator for Darknet Marketplace Fentanyl Sales
cryptocurrency

U.S. Sanctions Iran-Based Administrator for Darknet Marketplace Fentanyl Sales

The U.S. Treasury's OFAC has sanctioned an Iran-based darknet marketplace administrator for facilitating global fentanyl sales, highlighting the extensive use of cryptocurrencies in illegal drug trades.

SIMD-228 Proposal: Balancing Inflation and Staking in Solana (SOL)
cryptocurrency

SIMD-228 Proposal: Balancing Inflation and Staking in Solana (SOL)

The SIMD-228 proposal aims to introduce a dynamic inflation model in Solana, sparking debate among stakers and validators. Voting is set for March 7, with potential implementation delays.

BitMEX to Cease Options Trading by April 2025
cryptocurrency

BitMEX to Cease Options Trading by April 2025

BitMEX announces the cessation of its options trading service by April 2025, aligning with its strategy to enhance product offerings.

GalaChain Integrates Alchemy Pay for Seamless $GALA Transactions
cryptocurrency

GalaChain Integrates Alchemy Pay for Seamless $GALA Transactions

GalaChain users can now purchase $GALA using Alchemy Pay, simplifying access through various fiat options like credit cards and bank transfers.

Bitcoin (BTC) Faces Volatility Amid February Market Turmoil
cryptocurrency

Bitcoin (BTC) Faces Volatility Amid February Market Turmoil

Bitcoin experienced a tumultuous February, facing its worst performance since 2014. Market volatility was driven by record outflows from Bitcoin ETFs, impacting BTC's value significantly.