The recent correction failed to bring Bitcoin out of the overbought zone, according to JPMorgan analysts. This means the largest cryptocurrency by market capitalization may be poised for further declines. - reports The Block . Nikolaos Panigirtzoglou , a lead...
Cryptocurrency exchange Kraken introduced the Kraken Custody custodial service for its institutional platform Kraken Institutional. Kraken Custody is the first product under our new institutional brand. Offered via Kraken Financial, our state-chartered bank that holds fiat deposits in full reserve,...
The Government Pension Fund of Japan (GPIF), the world's largest pension fund with ~$1.5 trillion in assets under management, has become interested in Bitcoin . Breaking: Japan's Government Pension Investment Fund, the world's largest pension fund with $1.5 trillion under...
Cryptocurrency exchange OKX is set to delist Tether's USDT stablecoin trading pairs for clients in the European Economic Area (EEA). The reason for delisting is the upcoming entry into force of the bill on the regulation of cryptocurrencies in the...
JPMorgan analysts, in a report published by The Block , argue that the recent rise in Bitcoin is not due to a transition from gold, but to speculative investments. Retail and speculative institutional investors are simultaneously buying gold and Bitcoin...
On Friday, March 15, Bitcoin experienced a sharp drop, falling below $68,000. Over the course of the day, the flagship cryptocurrency asset fell in price by 8%, which was its most significant decline in the last few months. Top 10...
CoinGecko has presented a report on the countries with the greatest interest in digital assets based on artificial intelligence (AI). According to the analytics platform, the United States topped the list with an 18.9% share of interest in AI cryptoassets....
Bernstein analysts predict rapid growth of the cryptocurrency market, predicting its capitalization at $7.5 trillion by 2025. Coindesk reports with reference to analysts from Bernstein. The leaders of this rally, in their opinion, will be: Bitcoin with a target of...
Bitcoin reached an all-time high, surpassing $73,650 on March 13, 2024. Before this jump, the rate of the first cryptocurrency on March 12 successfully remained above $73,000. BTC-USDT pair on Binance. Source: TradingView Bitcoin's dominance approached the 54% level, but...
Ahead of the planned Dencun update, Ethereum is once again approaching peak values last seen back in December 2021. On March 13, 2024, the price of Ethereum (ETH) soared to $4,083, setting a new all-time high that had not been...
Web3 game Notcoin has opened a P2P premarket for its NOT token on the Getgems platform. Notcoin Community Users can: Convert Notcoin game balance into NFT vouchers of 10 million and 100 million coins. Trade vouchers on the platform. After...
A federal court in the Western District of Washington has approved a record-breaking settlement between cryptocurrency exchange Binance and the U.S. Department of Justice. Under the agreement, Binance will pay $4.3 billion in fines as part of a plea deal...
MicroStrategy CEO Michael Saylor is confident: investor demand for Bitcoin is huge, and the lack of spot Bitcoin ETFs for 10 years has only held it back. In an interview with CNBC, Saylor attributed MicroStrategy's February stock surge (from $500...
BlackRock, the largest asset manager globally, is weighing the possibility of increasing its exposure to Bitcoin, anticipating considerable potential for growth in the cryptocurrency market. In a recent interview with The Wall Street Journal, Rick Rieder, BlackRock’s Chief Investment Officer...
The cryptocurrency exchange Binance has published the results of its reserve audit, confirming that user funds are 100% collateralized or more. As of February 1, 2024, Binance held: 609,477 BTC, with user deposits of 594,688 BTC (102% coverage). 4,353,718 ETH,...
Jag Kuner, Head of Derivatives at Bitfinex, predicts a short-term correction in the cryptocurrency market. According to him, the Bitcoin price has not yet reacted to the Fed's statement about a possible delay in the rate cut. "The cryptocurrency market...
Firmly embracing its long-held bullish strategy, MicroStrategy has continued to accumulate Bitcoin, bringing its total holdings to 190,000 BTC as of January. Under the leadership of Executive Chairman Michael Saylor, the company invested an additional $37.2 million to acquire 850...
CleanSpark, a Bitcoin miner, is set to acquire three operating cryptocurrency mining enterprises in Mississippi, USA, with a combined hash rate of 2.4 EH/s for $19.8 million. Today we announced two new acquisitions, that combined with the imminent energization of...
The regulator has adopted amendments that will require participants in the DeFi sector to register as dealers. Many crypto players and officials have met the SEC's amendments with a wave of criticism and misunderstanding. The U.S. Securities and Exchange Commission...
The city of Mińsk Mazowiecki in Poland, with a population of 37,500, has launched a local stablecoin called MinsCoin for businesses on the UrbanChange platform. UrbanChange issues stablecoins backed by USDC for use in cities. The developer is Colu Technologies...
On February 6th, at 09:52:45 Coordinated Universal Time (+3 hours MSK, +2 hours Kiev time), the Solana network stopped processing blocks. At the time of writing, the blockchain has been down for approximately an hour. "The ecosystem engineers are investigating...
Binance cryptocurrency exchange has announced that it will delist Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR) from its trading list starting from February 20 at 3:00 UTC. As a result of this announcement, the price of Monero plummeted...
Spanish authorities are introducing legislative changes tightening control over the cryptocurrency market. The aim of these measures is to combat tax evasion and increase tax collection. New regulations: Expanding the range of organizations providing transaction information: In addition to banks,...
Former US President Donald Trump has warned of the dangers of artificial intelligence (AI), saying it could be used to deceive people and even wage war. In an interview with Fox Business, Trump said that AI is "one of the...
Cardano's [ADA] blockchain is buzzing with DeFi activity, but will it be enough to propel the token's price? DeFi takes flight: Cardano's Total Value Locked (TVL) soared past 695 million ADA, showcasing the growing network of financial applications. DEXes like...
Bitcoin surged past $43,000 today, fueled by a potential market shift: BlackRock's spot Bitcoin ETF is outpacing the long-reigning Grayscale Bitcoin Trust (GBTC) in trading volume for the first time ever. Only about an hour into trading but $IBIT is...
The developers of dYdX Chain, a decentralized cryptocurrency derivatives exchange, have released an update to version 3.0. Key changes include support for liquid staking, security improvements, and usability improvements. Liquid Staking Liquid staking allows users to participate in staking DYDX...
Harvest Fund Management, a Hong Kong-based asset management firm, has filed with the Securities and Futures Commission (SFC) for the launch of the first spot Bitcoin ETF in Hong Kong. The news was reported by Tencent News. According to the...
Vanguard, one of the world's largest asset managers, has refused to offer its clients access to a Bitcoin ETF. The company believes that cryptocurrency is an "immature asset class" that does not align with its philosophy. Jenel Jackson, Vanguard's head...
The annual volatility of Bitcoin, a measure of its price volatility, has hit a record low in 12 years, according to Charlie Bilello, senior market strategist at Creative Planning. The volatility measure, which is calculated as the standard deviation of...