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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...

A recent survey conducted by Binance, a prominent cryptocurrency exchange, has brought to light the increasing acceptance and utilization of crypto in Europe throughout 2023. Despite the setback experienced by FTX, the survey underscores that a significant number of Europeans...

In a notable divergence of opinions within the U.S. Senate, 18 senators, predominantly Republicans, are rallying behind cryptocurrency, while 30 senators, including prominent figure Senator Elizabeth Warren, are expressing opposition, underscoring a clear divide on the issue. The advocacy group...

Matrixport's latest projection foresees a challenging Q1 for Bitcoin, predicting a dip to approximately $36,000 followed by a resilient rebound. The advent of the Bitcoin spot ETF has brought considerable attention to the market, with its impact closely monitored. The...

Binance US, a major player in the crypto space, encounters regulatory hurdles as it suspends operations in Alaska and Florida due to legal and licensing issues. Facing escalating regulatory scrutiny following CEO Changpeng Zhao's departure and ongoing investigations by the...

Bitwise, a leading investment management company, has become the first issuer of spot Bitcoin exchange-traded funds (ETFs) to disclose the wallet address containing the reserves of its Bitwise Bitcoin ETF (BITB) fund. According to CoinDesk, the company has gained significant...

Cantor Fitzgerald warns that several public mining companies, including Marathon Digital, Riot Platforms, and Core Scientific, may incur losses after the reduction in Bitcoin mining rewards if the cryptocurrency's price remains at $40,000. This information is reported by Cointelegraph, citing...

Craig Salm, the head of Grayscale's legal department, expressed the belief that the U.S. Securities and Exchange Commission (SEC) is likely to approve an ETF based on the spot price of Ethereum by the summer of 2024. Bloomberg's market analyst...

A recent report unveils a noteworthy trend: significant migration of talent from the banking and finance sectors to the burgeoning crypto industry. This shift, driven by competitive compensation packages and the allure of innovation, highlights the evolving landscape of financial...

Despite a government ban, the Chinese crypto market is thriving, driven by investors seeking alternatives to a sluggish economy and underperforming stocks. This article explores the creative ways Chinese citizens are accessing crypto and the implications for the global financial...

Crypto.com is making waves in the cryptocurrency exchange world, experiencing a meteoric rise in spot trading volume. Surpassing established players like Kraken and KuCoin, it now sits comfortably at the 9th position globally, controlling over 3% of the total market...

The prospect of a state-backed digital currency, affectionately nicknamed "Britcoin," continues to swirl around the UK. While not quite ready to make a definitive call, both the UK Parliament and the Bank of England (BOE) are actively exploring the potential...

In a significant development, the stablecoin market has reached its peak in the past 11 months, demonstrating heightened network activity at the beginning of the new year. According to recent findings from CCData, a cryptocurrency analytics firm, the stablecoin market...

Polkadot's (DOT) price has taken a beating in recent weeks, plummeting by nearly 20% in the last 30 days. The once-shining star of the cryptocurrency market now trades at $6.73, a level last seen in September 2023. This sharp decline...

Terraform Labs, the company behind the infamous TerraUSD stablecoin, has filed for Chapter 11 bankruptcy in the United States. This move comes after the dramatic collapse of TerraUSD and its linked cryptocurrency, Luna, in May 2022, which sent shockwaves through...

Get ready, crypto fans! Hong Kong is about to become a hotbed for digital asset trading with the launch of its first spot crypto ETFs, expected to arrive by mid-2024. Homegrown exchanges like OSL and HashKey are leading the charge,...

Hold onto your hats, folks, because Grayscale Bitcoin Trust (GBTC) just took a $2 billion nosedive! Investors have been dumping shares like hot potatoes ever since this ten-year-old behemoth converted to an ETF. And guess who leads the stampede? None...

Meme coins were all the rage this weekend as Dogecoin and Floki Inu saw their prices jump a whopping 12%! Sparking the frenzy was a mysterious social media account called @xpayments, who hinted at Dogecoin payment integration on a certain...

Ripples' top lawyer, Stuart Alderoty, isn't holding back his punches. Following the SEC v. Coinbase hearing, he blasted the agency's approach to crypto regulation on social media. In the case, which hinges on whether Coinbase sold unregistered securities, Alderoty argues...

More than half of the cryptocurrencies launched since 2014 have failed, according to CoinGecko. The data aggregator found that 58.5% of the more than 24,000 cryptocurrencies listed on its platform have either ceased to trade or have been deemed fraudulent....

Solana Mobile, a company founded by the developers of the Solana blockchain, has announced a new smartphone with support for crypto applications. The device, called Chapter 2, has seen record demand, with over 30,000 pre-orders placed in the first 24...

A report by Angara Security found that 40% of cryptocurrency-related materials published in Telegram in 2023 were fraudulent. The report analyzed 22,000 posts related to cryptocurrencies, of which 9,000 were marked as suspicious and subsequently removed. The majority of the...

JPMorgan: Grayscale ETF Sell-Off to Blame for Bitcoin Decline Large Sales by Grayscale Investors May Be Impacting Crypto Market, Analysts Say In the first week of trading, U.S. spot bitcoin exchange-traded funds (ETFs) attracted significant volumes. BlackRock's fund had over...

Bitcoin miners in Texas were forced to shut down their farms due to extreme cold, causing the Bitcoin hashrate to drop by 30%.  The hashrate of Bitcoin is the total computing power used to mine the cryptocurrency. It is measured...

Ethereum (ETH) is outperforming Bitcoin (BTC) in early 2024, with the second-largest cryptocurrency up 15% year-to-date compared to BTC's 6% decline. Analysts attribute the outperformance to two main factors: Expectations of a spot ETF for Ethereum: Investors believe that the...

The Fear & Greed Index, which measures sentiment among cryptocurrency market participants, fell from 76 to 52 points in the five days following the approval of the first US spot bitcoin ETFs. This indicates that the market has moved from...