The price of Bitcoin (BTC) has reached new all-time highs much faster than analysts had expected. A substantial upswing kicked off a few weeks after the approval of the Bitcoin Spot ETF. BTC started the week with an intense burst of volatility, as it topped $73K, tumbled to $69K, and then climbed its way back...Read More
The firm submitted the application to the US Securities and Exchange Commission on March 12. The Grayscale Bitcoin Mini Trust is expected to have a competitive fee and will come from a spinoff from GBTC commented ETF analyst James Seyffart. He added that GBTC holders will get some percentage of their holdings spun off into...Read More
In a recent thread on X, CryptoQuant founder Ki Young Ju raised concerns about the continuous influx of capital into spot Bitcoin ETFs, warning of a potential sell-side liquidity crisis within six months if the trend persists. Ju’s remarks come amidst a surge in spot Bitcoin ETF inflows, surpassing the $10 billion inflow mark for...Read More
Thailand’s Securities and Exchange Commission (SEC) has changed its regulations, permitting the creation of private funds that invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. However, this opportunity is limited to institutional investors and high-net-worth individuals. SEC Amends Spot Bitcoin ETF Rules SEC Secretary-General Pornanong Budsaratragoon disclosed that the decision was reached...Read More
Bitcoin mining earnings reached their highest-ever level recently, coinciding with the ongoing surge in the value of the leading crypto asset. According to the figures compiled by CryptoQuant, miners made a daily revenue of $78.6 million on March 7, surpassing the previous record set during the peak of the crypto boom in April 2021. Miners...Read More
JPMorgan CEO Jamie Dimon believes citizens should have every right to buy Bitcoin (BTC) if they want to – even if it’s a haven for criminal activity. “I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin,” said Dimon at the Australian Financial Review summit in Sydney, according...Read More
[PRESS RELEASE – London, United Kingdom, March 12th, 2024] The ongoing SCORP presale and upcoming $250,000 giveaway mark significant milestones for Scorpion Casino, reinforcing its growing influence in the online crypto casino market. In an exciting development for the online gambling and cryptocurrency communities, Scorpion Casino has announced a $250,000 giveaway, coinciding with strong participation...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, March 12th, 2024] The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time, the central topic...Read More
The crypto markets are soaring right now, thanks to Ethereum’s astonishing surge and Shiba Inu and Furrever Token emerge as breakout stars, basking in the glow of ETH’s meteoric rise. Ethereum’s monumental rally has set the stage for unprecedented gains, propelling altcoins like SHIB and FURR to soaring heights. However, it’s Furrever Token that steals...Read More
The alternative cryptocurrency (altcoin) sector is still reveling in its resurgence due to persistent investor interest in such digital assets amid Bitcoin’s (BTC) rally to a new all-time high of $72,000. Analysts at the crypto exchange Bitfinex revealed in the latest weekly report that investor interest in altcoins is diversifying to meme coins and artificial...Read More
Bitcoin’s rally breaking into a new all-time high above $70,000 has been unconventional for several reasons. Interestingly, the leading crypto asset is still in its early stages and has a long way to go, according to most experts. In fact, analysts are now weighing in on Bitcoin’s trajectory and expect it to climax in early...Read More
The current bull run stands apart from its predecessors in several significant ways. Bitcoin has undergone three halving events thus far. The first one was in 2012, followed by another in 2016, with the most recent occurring in 2020. Bitcoin surged to achieve new all-time highs only after each halving. Contrastingly, this time, Bitcoin has...Read More
Retail interest in the cryptocurrency market appears to be ramping up following Bitcoin’s rise to $70,000 and above. According to a Tuesday tweet thread, Ki Young Ju, founder and CEO of on-chain intelligence platform CryptoQuant, believes the crypto market is likely halfway to a Bitcoin Euphoria because half of the retail crowd has arrived. Halfway...Read More
The number of new “millionaire” wallets for Bitcoin (BTC) has risen to about 1,500 daily after the cryptocurrency’s price surged to $72,000 recently. However, this increase is modest compared to the daily creation of new millionaires during the previous bull market. The leading cryptocurrency by market capitalization has experienced a 70% price surge since the...Read More
[PRESS RELEASE – São Paulo, Brazil, March 12th, 2024] Leading Latin America-focused blockchain ecosystem Patex is delighted to announce the listing of its native token $PATEX on several major trading venues. The landmark development marks a new chapter in the platform’s journey to enhance blockchain accessibility and utility throughout the Spanish-speaking world. The $PATEX token...Read More
Funds have been flowing out of the Grayscale Bitcoin Trust (GBTC) for more than two months. Moreover, March 11 was the largest outflow for the month. A whopping $494 million worth of BTC exited the fund yesterday. This works out at 6,850 BTC, according to BitMEX Research, which labeled it a record outflow. The BitMEX...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, March 11th, 2024] The Suilend lending protocol is Solend’s first venture outside of the Solana ecosystem underscoring confidence in Sui’s technology Suilend, Solend’s first expansion outside the Solana ecosystem, officially launched today on the Sui Network. Solend, which boasts over $200 million in total value locked (TVL) across...Read More
[PRESS RELEASE – London, UK, March 11th, 2024] Sensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of its innovative platform designed to create autonomous lifelike AI Digital Replicas on-chain, marking a significant leap towards digital immortality. Leveraging cutting-edge technology, Sensay offers limitless potential in the digital...Read More
With the ongoing frenzy surrounding spot Bitcoin ETFs propelling BTC to highs beyond $70K, Hong Kong-based entities are preparing to enter the fray with their own offerings. While the demand for ETFs offering exposure to Bitcoin for the retail crowd is soaring, a similar vehicle for Ethereum has also gained significant traction. Recent reports indicate...Read More
X (formerly known as Twitter) has been a popular hook for scammers for over a decade now. However, the tactics employed in these schemes continuously evolve. What’s concerning is that many victims are still falling for scams because of misleading comments made by fake X accounts, leading them to phishing websites. X Fakes Fuel Phishing...Read More
In the crypto market, each dawn brings with it a flurry of excitement and anticipation. With Bitcoin and Ethereum smashing through barriers and shattering records, the crypto landscape is ablaze with fervor. Yet amidst this whirlwind of activity, a new contender steps into the spotlight: Furrever Token (FURR). With its revolutionary presale, FURR has ignited...Read More
Mudrex, an Indian cryptocurrency investment platform, intends to introduce U.S. spot Bitcoin exchange-traded funds (ETFs) to target both institutional and retail investors within India, according to CEO and co-founder Edul Patel. The move comes amid India’s latest government action to tighten offshore crypto exchanges regulation. Mudrex to Offer Four Spot Bitcoin ETFs In an interview...Read More
The U.S. government will likely seize citizens’ assets in an impending fiscal collapse – but Bitcoin will save the day when it happens, according to ex-Coinbase CTO Balaji Srinivasan. The tech entrepreneur and Bitcoin bull, who forfeited $1.5 million in a high-profile bet on Bitcoin’s price last year, is again raising concerns about the United...Read More
In a recent publication on Ethereum Research dated March 9, Buterin explored the hypothetical situation of a “quantum emergency” potentially arising as soon as tomorrow. Speculating on the implications of such an event, Buterin outlined Ethereum’s readiness to tackle the challenge head-on. Shielding Against Possible Threats Speculating on the hypothetical scenario of a quantum emergency,...Read More
Solana has been highly favored among altcoins, yet its reputation took a hit due to significant network outages. Despite the overall market surge and renewed investor confidence in 2024, inflows into digital asset investment products associated with Solana were not substantial. However, there are signs of a gradual shift in this trend as Solana investment...Read More
ARK Invest, the investment management firm led by Cathie Wood, recently divested 580,000 Coinbase (COIN) shares. The transaction, valued at $149.85 million based on Friday’s closing price, underscores the company’s strategic investment decisions. Second-Largest Offload Since 2023 This sale represents ARK’s second-largest weekly offload of COIN shares since July 2023. The previous record was set...Read More
Tether, the issuer of the largest stablecoin, USDT, has announced the launch of the asset on Celo, a carbon-negative, permissionless, Ethereum Virtual Machine-compatible network. According to a statement sent to CryptoPotato, the collaboration between Tether and Celo could see USDT become a gas currency on the latter’s network, streamlining transactions and fostering efficiency on decentralized...Read More
Business intelligence firm MicroStrategy has completed a $800 million fundraising effort to purchase additional Bitcoin (BTC). The company also used some excess cash and acquired 12,000 BTC, with its total holdings now well above 200,000 BTC. MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes & excess cash for ~$68,477...Read More
What is Original? Original is a leading solution in the market, offering a suite of tools for NFT startups to grow their users, revenues and trading volume. Original provides a suite of APIs that allow businesses to easily integrate NFT capabilities into their mobile, desktop, and browser apps. Their mission is to simplify the process...Read More
Since spot Bitcoin ETFs were approved in mid-January, crypto markets have surged a further 60% adding a trillion dollars to total capitalization. Bitcoin charted a new all-time high, but Ethereum did not and has been unable to overcome the $4,000 level decisively. On March 11, Fox Business correspondent Eleanor Terrett said optimism about the U.S. Securities...Read More
