Some top crypto assets liquidated in the past day included more than $1.53 billion in longs and $155 million in shorts. These record crypto liquidations prove that the crypto market has become so volatile. There were $235 million in Ethereum liquidations, while…
The broader digital asset market had a historic week, with rising investor interest in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). With positive regulatory developments and increasing market confidence, crypto ETFs recorded new milestones that signified the continuation of a bullish…
BlackRock’s IBIT Leads Other Bitcoin ETFs With $5.6B Inflow Bitcoin ETFs saw a record $6.46 billion in inflows in November 2024, as Bitcoin (BTC) surged 45% this month, hitting $99,000 for the first time in history. The inflow marks a significant milestone…
The digital asset industry has long been a hotbed of innovation and speculation, with meme coins being the latest. Despite skepticism over their utility, these meme-themed tokens continue to attract investors. According to Rachel Conlan, Binance’s chief marketing officer (CMO), the world’s…
Crypto tax regulations are changing dramatically worldwide, and recent events in Russia and India have sparked discussions about their legal frameworks and how they affect adoption. India is still dealing with the consequences of its strict tax system, while Russia is shifting…
Binance, the world’s leading crypto exchange by trading volume, has made significant strides to improve its ecosystem with two innovations. These include the introduction of BFUSD, a reward-bearing margin asset, and the inclusion of Thena (THE) in its HODLer Airdrops program. These…
Solana Price Surges to All-Time High The Solana price soared to $264.31 on Coinbase on Nov. 22, breaking its 2021 all-time high. The token surged 11% within 24 hours, cementing its position as one of the best-performing assets in 2024. This recovery…
Federal Reserve’s Concerns in Stablecoin Oversight The stablecoin market continues to expand, with its total capitalization surpassing $174 billion as of November 2024. Despite the sector’s growth, former US Senator Pat Toomey has flagged key challenges delaying comprehensive regulations for issuers in…
Since Donald Trump’s election, the clamour for Solana exchange-traded fund (ETF) approval in the United States has gained traction. According to Mathew Sigel, VanEck’s head of digital asset research, the industry expects the US Securities and Exchange Commission (SEC) to greenlight more…
Spot Bitcoin ETFs in the United States experienced their first net outflow since Donald Trump’s election as president, marking the end of an inflow streak that began on Nov. 5. According to data from Farside Investors, 11 Bitcoin ETFs collectively posted a…
The Solana ecosystem is seeing increased activities as the price of SOL retested the $220 level for the first time since 2021. Hence, it’s likely that its native token SOL is about to enter a bullish phase coinciding with the broader market…
Historic Inflows Mark Growing Interest in Ethereum ETFs Ethereum ETFs in the United States recorded a historic $294.9 million in inflows on Nov. 11, marking their largest single-day inflow since their July launch. This surge highlights the growing interest in Ethereum ETFs…
Ethereum Foundation Deploys $500M to Projects The Ethereum Foundation disclosed that it deployed nearly $500 million to ecosystem projects between 2022 and 2023. According to its 2024 annual report, $497 million was allocated to support various projects, with the Foundation contributing $240.3…
Donald Trump’s presidential election win has sparked numerous spikes in the prices of some cryptocurrencies, with the Solana memecoin market reaching a market capitalization of $12 billion. The Solana Memecoin Market Surge and Trump’s Win Solana-based memecoins have seen a significant uptick…
Polymarket Finalizes Presidential Election Market Polymarket, the crypto-based prediction platform, has closed its US Presidential election bets market, with the trading volume reaching $3.6 billion. Major news networks, including The Associated Press, Fox, and NBC, confirmed Donald Trump’s victory, so the platform…
Crypto investment products have seen heavy inflows in the past couple of weeks, driven by renewed institutional interest and a friendly political climate. According to a report on Digital Asset Fund Flows, Bitcoin funds accounted for most of the $920 million injected…
Cardano plans to integrate BitcoinOS, a Bitcoin-based smart contract platform, to enhance its decentralized finance ecosystem and better cross-chain functionality. Accordingly, Cardano will tap into the $1.3 trillion in liquidity held on Bitcoin. By using zero-knowledge cryptography, the network claims it can…
CryptoQuant CEO has predicted that Bitcoin (BTC) will transform into a stable currency by 2030 following a 378% increase in its mining difficulty over the past three years. Ki Young Ju believes that institutional investment in large-scale mining operations will push the…
Inflows into US spot Bitcoin exchange-traded funds (ETFs) have turned net negative for the first time in two weeks, indicating that momentum pushing prices upward has cooled off. According to data from Farside Investors, a UK-based investment firm, net flows from the…
The cryptocurrency market experienced a significant spike in large transactions following crypto whale actions on leading assets like Bitcoin, Ethereum, Toncoin, and Cardano. Data from IntoTheBlock indicated that Bitcoin had the largest transaction volume of nearly $44 billion on October 21st. Crypto…
