Following a brief period of net outflows preceding Bitcoin’s block-reward halving, spot bitcoin exchange-traded funds (ETFs) in the United States have returned to net inflows, with Fidelity’s Wise Origin Bitcoin Fund (FBTC)…
Categorie: Cryptocurrency News
Analysts: Bitcoin Bulls Anticipate Halving Impact in Two Months or More
Bitcoin’s recent halving, completed on April 19, may not immediately impact market dynamics, with analysts suggesting a potential two-month wait for significant effects. Despite an 8% increase in bitcoin’s spot price since…
Binance Faces Canadian Lawsuit Over Securities Law Allegations
Binance, one of the world’s largest cryptocurrency exchanges, is embroiled in a new legal battle in Canada as a class-action lawsuit alleges violations of securities laws. Ontario’s Superior Court of Justice published…
Over 50% of Pre-Sold Solana Memecoins Abandoned Post $25M Raise
In the wake of the memecoin frenzy, over $25 million invested in pre-sold Solana memecoins has been left stranded, with more than half of the top projects abandoned within just one month….
Tether Vows to Freeze Sanction-Linked Addresses Amid USDT Scrutiny
As scrutiny over the misuse of Tether’s USDT stablecoin intensifies, the company pledges to take decisive action against addresses linked to sanctions violations. Tether, the issuer of the popular USDT stablecoin, has…
Turnkey Raises $15M Led by Lightspeed Faction & Galaxy Ventures
Turnkey, a company specializing in building wallet infrastructure for blockchain developers, announced a successful $15 million Series A funding round led by Lightspeed Faction and Galaxy Ventures. Founded by former Coinbase (NASDAQ:COIN)…
Kenya to Extradite Binance Executive Linked to Tax Evasion to Nigeria
Kenya is preparing to extradite Nadeem Anjarwalla, a Binance executive wanted by Nigerian authorities for alleged involvement in tax evasion and a dramatic escape from custody. Anjarwalla was apprehended in Kenya over…
Bitcoin Halving Sparks Layer 2 Surge
Welcome to “Epoch V” of Bitcoin. The fourth successful halving of Bitcoin occurred on April 20, marking a programmed reduction in the amount of new bitcoin entering circulation through mining. As celebrations…
Thailand to Block Unauthorized Crypto Platforms for Local Users
In a bid to prevent the illicit use of cryptocurrency for money laundering, Thailand’s Securities and Exchange Commission (SEC) announced plans to block local access to unauthorized crypto platforms. Investors are urged…
Stablecoin Supply Surges to Near Two-Year High Amid USDe Decline
The total supply of USD-pegged stablecoins has soared to $165 billion, reaching its highest level in almost two years as new tokens flood the market, intensifying competition. Ethena’s USDe stablecoin, with a…
Bitcoin Miners Eye AI Amid Post-Halving Shift
In the wake of the recent Bitcoin halving, miners are contemplating a transition towards artificial intelligence (AI) to potentially boost their revenue streams, according to a report by CoinShares. The halving event,…
Empowering Crypto Adoption: Introducing a Secure, User-Friendly Digital Wallet
In response to the ongoing challenges hindering crypto adoption, Web3 Freewallet has emerged as a solution, offering a secure and simplified platform supporting over 1,000 cryptocurrencies. Despite the exponential growth of digital…
Bitcoin Transaction Fees Plummet After Halving Event
Bitcoin transaction fees have experienced a significant decline following the recent halving event, providing relief to users and miners alike. Initially, after the halving, fees soared to unprecedented levels, reaching as high…
Shiba Inu Secures $12M Investment for Privacy-Focused Blockchain Development
Shiba Inu, an Ethereum-based ecosystem featuring the second-largest token SHIB, has successfully raised $12 million in a recent token sale aimed at constructing a privacy-centric blockchain, as per a press release on…
Bitcoin Traders Shrug Off ‘Halving’, Eye Broader Market Risks
Bitcoin’s much-anticipated “halving” event has left little impact on its price trajectory, as market observers point to broader economic factors and geopolitical tensions shaping the cryptocurrency’s movements. The halving, a fundamental shift…
Bitcoin Miners’ Record Earnings with Runes Launch
Bitcoin miners experienced a windfall as they raked in a staggering $107 million in revenue on the fourth Bitcoin halving day, thanks to the introduction of the Runes token on the blockchain….
Pre-Halving Market Volatility Spurs Crypto Liquidations
Market volatility has led to over $152 million in cryptocurrency liquidations over the past day, with the wider cryptocurrency market witnessing over $290 million in liquidations within the same period. Of these…
Tether Expands Dollar, Gold Stablecoins to Boost Telegram Payments
Tether announced its intention to enhance peer-to-peer payments on Telegram by extending its dollar-pegged USDT and gold-backed XAUT tokens to the TON network, catering to Telegram’s vast user base 900 million. Originally…
Bitcoin Whales Increase Holdings with $1.2B Purchase During Dip
As Bitcoin experienced a dip below $60,000, significant investors seized the opportunity, fueling a rapid market rebound. According to IntoTheBlock, large holders, known as whales, increased their BTC holdings by 19,760 coins,…
Donald Trump’s Crypto Holdings Take a Hit: Will He Cash Out?
Although former President Donald Trump is better known for various endeavors, his involvement in the world of cryptocurrency has remained somewhat under the radar. Recent revelations have shed light on Trump’s crypto…