Cryptocurrency investment products saw a total of $346 million in inflows over the past week, marking its ninth consecutive week of inflows. Bitcoin-focused products dominated, with $312 million being invested in them, while Ethereum and Solana-focused products also saw significant numbers.
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Read more: https://tinyurl.com/4zpw2exy
In a surprising twist of events, crypto exchange Bybit appears to be under the regulatory spotlight of the CFTC. The US government agency has sent a subpoena to Coinbase, demanding information on user accounts connected to Bybit.
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Read more: https://tinyurl.com/bw822y8n
According to the last minute development shared by Bloomberg, FTX received court approval to start the sale of Grayscale assets worth $ 744 million.
FTX had a total of $744 million in asset manager Grayscale's products. Of these, 597 million dollars are Bitcoin product GBTC, 87 million dollars are Ethereum product ETHE, 53 million dollars are BITW holding BTC, ETH, XRP, SOL, ADA, LINK, MATIC, DOT, LTC and BCH, 3 million dollars are Ethereum Classic product ETCG, 2 million. USD was in the LTCN product, which holds Litecoin, and USD 2 million was in the Grayscale Digital Large Cap Trust product, which holds other large market value cryptocurrencies.
Read more: https://tinyurl.com/24pt28k8
FTX had a total of $744 million in asset manager Grayscale's products. Of these, 597 million dollars are Bitcoin product GBTC, 87 million dollars are Ethereum product ETHE, 53 million dollars are BITW holding BTC, ETH, XRP, SOL, ADA, LINK, MATIC, DOT, LTC and BCH, 3 million dollars are Ethereum Classic product ETCG, 2 million. USD was in the LTCN product, which holds Litecoin, and USD 2 million was in the Grayscale Digital Large Cap Trust product, which holds other large market value cryptocurrencies.
Read more: https://tinyurl.com/24pt28k8
The crypto exchange has undergone a significant leadership transition in the aftermath of Binance Holdings’ $4.3 billion settlement with the US Department of Justice (DOJ).
According to Bloomberg, Richard Teng, the newly appointed CEO following co-founder Changpeng “CZ” Zhao’s departure, has expressed his commitment to maintaining the stability of the core team.
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According to Bloomberg, Richard Teng, the newly appointed CEO following co-founder Changpeng “CZ” Zhao’s departure, has expressed his commitment to maintaining the stability of the core team.
Read more: https://tinyurl.com/3vdjp6ct
Pando acknowledges competitive risks, including the potential impact of multiple SEC-approved Bitcoin ETFs on its market share.
Concerns arise over the fund's potential liquidity issues in secondary markets, affecting its ability to track Bitcoin's price accurately.
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Concerns arise over the fund's potential liquidity issues in secondary markets, affecting its ability to track Bitcoin's price accurately.
Read more: https://tinyurl.com/bde9dzu6
Superstar soccer player Cristiano Ronaldo is currently entangled in a class-action lawsuit that alleges investor damages resulting from his endorsement of cryptocurrency exchange Binance.
The lawsuit claims that Ronaldo’s collaboration with Binance to promote his non-fungible token (NFT) collections led unsuspecting investors to make unregistered securities investments. Ronaldo may have to settle the case for $750,000 to avoid a public trial.
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The lawsuit claims that Ronaldo’s collaboration with Binance to promote his non-fungible token (NFT) collections led unsuspecting investors to make unregistered securities investments. Ronaldo may have to settle the case for $750,000 to avoid a public trial.
Read more: https://tinyurl.com/ymsxf9bm
MicroStrategy continues to buy bitcoin. The company announced in an 8K filing on Thursday that it had bought roughly $593 million worth of bitcoin throughout the month of November.
From Nov. 1 to Nov. 29, the company bought 16,130 bitcoin along with its subsidiaries. The average price works out to be nearly $36,000.
Read more: https://tinyurl.com/5e36bb4c
From Nov. 1 to Nov. 29, the company bought 16,130 bitcoin along with its subsidiaries. The average price works out to be nearly $36,000.
Read more: https://tinyurl.com/5e36bb4c
CME currently boasts a Bitcoin futures open interest of $4.35 billion, a level not seen since November 2021 when Bitcoin reached its all-time high of $69,000.
The remarkable 125% increase in CME’s BTC futures open interest, soaring from $1.93 billion in mid-October, is closely tied to the anticipation surrounding the approval of a spot Bitcoin exchange-traded fund (ETF).
Read more: https://tinyurl.com/y374x3d9
The remarkable 125% increase in CME’s BTC futures open interest, soaring from $1.93 billion in mid-October, is closely tied to the anticipation surrounding the approval of a spot Bitcoin exchange-traded fund (ETF).
Read more: https://tinyurl.com/y374x3d9
Major XRP wallet Xumm has recently taken a significant step forward by unveiling expanded access to Apple Pay and Google Pay, made possible through its latest addition of the payments on-ramp protocol Topper by Uphold.
The integration is a significant development for the XRP community and offers them a more “seamless crypto experience.” Topper by Uphold is an on-rmap that offers access to the native token of the XRP Ledger, XRP, for Xumm wallet users in over 150 countries.
Read more: https://tinyurl.com/36wxvxy7
The integration is a significant development for the XRP community and offers them a more “seamless crypto experience.” Topper by Uphold is an on-rmap that offers access to the native token of the XRP Ledger, XRP, for Xumm wallet users in over 150 countries.
Read more: https://tinyurl.com/36wxvxy7
Circle, in a public letter addressed to Senator Elizabeth Warren, D-Mass., and Chairman Sherrod Brown, D-OH, on Thursday to push back against claims that it banked Justin Sun and, separately, had financed Hamas.
The letter — penned by Circle’s Chief Strategy Officer Dante Disparte — was written in response to a Nov. 9 letter from the Campaign for Accountability which claimed that Circle does not prevent illicit finance activities.
Read more: https://tinyurl.com/2ur4fjwn
The letter — penned by Circle’s Chief Strategy Officer Dante Disparte — was written in response to a Nov. 9 letter from the Campaign for Accountability which claimed that Circle does not prevent illicit finance activities.
Read more: https://tinyurl.com/2ur4fjwn
The price of Bitcoin has been that high since April 2022, right before the broader cryptocurrency market plunged. Bitcoin's near 20-month peak represents a 15% climb over the past 30 days, with the price of the coin more than doubling since this time last year.
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Read more: https://tinyurl.com/385k48b6
The report provided some insightful statistics on Cardano’s recent network activity:
- 150 projects launched, with 1,304 ongoing projects showcasing a vibrant development scene.
- 9.1 million native tokens created and the establishment of 81,447 token policies demonstrate the customizable and diverse use of Cardano’s asset creation capabilities.
- 79.2 million transactions were processed, reflecting an increase in reliability and adoption.
Read more: https://tinyurl.com/48rzd25a
- 150 projects launched, with 1,304 ongoing projects showcasing a vibrant development scene.
- 9.1 million native tokens created and the establishment of 81,447 token policies demonstrate the customizable and diverse use of Cardano’s asset creation capabilities.
- 79.2 million transactions were processed, reflecting an increase in reliability and adoption.
Read more: https://tinyurl.com/48rzd25a
FTX and Alameda Research transferred $22 million worth of various cryptocurrencies yesterday 2nd of December, as reported by Lookonchain.
This transfer includes a mix of digital assets like $9.2 million in IMX, $5.29 million in GMT, $3.4 Million in ETH, and others. Many believe they are preparing to sell these tokens.
Read more: https://tinyurl.com/ypt42s7j
This transfer includes a mix of digital assets like $9.2 million in IMX, $5.29 million in GMT, $3.4 Million in ETH, and others. Many believe they are preparing to sell these tokens.
Read more: https://tinyurl.com/ypt42s7j
The Chairman of MicroStrategy, also Bitcoin investor Michael Saylor, has made over $1.5 billion in profit from his Bitcoin investments.
He invested about $5.33 billion to buy 174,530 BTC since September 2020, with an average cost of $30,512.81 per Bitcoin. With the recent surge in Bitcoin’s price to $39,411, his investment is now valued at nearly $7 billion.
Read more: https://tinyurl.com/bdeb8kbf
He invested about $5.33 billion to buy 174,530 BTC since September 2020, with an average cost of $30,512.81 per Bitcoin. With the recent surge in Bitcoin’s price to $39,411, his investment is now valued at nearly $7 billion.
Read more: https://tinyurl.com/bdeb8kbf
A recent CoinGecko study reveals a staggering 75.5% failure rate among 2,817 web3 games launched from 2018 to 2023.
The average annual failure rate of 80.8% underscores the significant challenges faced by these blockchain-based games.
CoinGecko's analysis sheds light on GameFi, urging strategies for sustainable growth in the gaming landscape.
Read more: https://tinyurl.com/yc5d5zfd
The average annual failure rate of 80.8% underscores the significant challenges faced by these blockchain-based games.
CoinGecko's analysis sheds light on GameFi, urging strategies for sustainable growth in the gaming landscape.
Read more: https://tinyurl.com/yc5d5zfd
According to breaking information, BlackRock has submitted an updated version of the Bitcoin Spot ETF S-1 filing to the SEC.
Bloomberg analysts had reported that negotiations between the SEC and BlackRock and other Bitcoin Spot ETF applicants were continuing.
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Bloomberg analysts had reported that negotiations between the SEC and BlackRock and other Bitcoin Spot ETF applicants were continuing.
Read more: https://tinyurl.com/5n7dpjht
Blur’s NFT marketplace now holds almost 80% of non-fungible token trading volume as activity in the sector spikes.
OpenSea’s NFT market share has declined to a low of almost 17% of total trading volume, according to data from The Block.
Read more: https://tinyurl.com/458jsh82
OpenSea’s NFT market share has declined to a low of almost 17% of total trading volume, according to data from The Block.
Read more: https://tinyurl.com/458jsh82
A bitcoin address that began accumulating on the 2nd of November 2022, just as FTX was going under, has grown to 38,734 BTC, worth more than $1.6 billion.
It has been adding chunks of 100 bitcoin for weeks, up $100 million worth since just last week, with it accelerating today.
As can be seen below, 1,200 bitcoin has been added just today, worth $50 million.
Read more: https://tinyurl.com/5n7m76f8
It has been adding chunks of 100 bitcoin for weeks, up $100 million worth since just last week, with it accelerating today.
As can be seen below, 1,200 bitcoin has been added just today, worth $50 million.
Read more: https://tinyurl.com/5n7m76f8
Coinbase Global Inc (NASDAQ: COIN) and MicroStrategy Inc (NASDAQ: MSTR) emerging as key beneficiaries in this unique correlation.
In the past 24 hours, both COIN and MSTR stocks experienced a remarkable 9% surge in value, mirroring the 4% rise in Bitcoin’s price during the same period.
Read more: https://tinyurl.com/mr4d2mb5
In the past 24 hours, both COIN and MSTR stocks experienced a remarkable 9% surge in value, mirroring the 4% rise in Bitcoin’s price during the same period.
Read more: https://tinyurl.com/mr4d2mb5