News

Crypto Pioneer Blasts SEC Chair Gary Gensler

Crypto entrepreneur Tyler Winklevoss harshly criticizes SEC Chair Gary Gensler, alleging deliberate damage to the crypto industry and calling for his permanent removal from any influential position.

Karim Noun

Crypto entrepreneur Tyler Winklevoss harshly criticizes SEC Chair Gary Gensler, alleging deliberate damage to the crypto industry and calling for his permanent removal from any influential position.

Metaplanet Raises $11M for Bitcoin

Metaplanet plans to raise $11M through bond issuance to acquire more Bitcoin, while launching a Shareholder Benefits Program with crypto-related rewards to attract long-term investors.

Karim Noun

Metaplanet plans to raise $11M through bond issuance to acquire more Bitcoin, while launching a Shareholder Benefits Program with crypto-related rewards to attract long-term investors.

Trump Media Close to Acquiring Bakkt, Shares Jump 162%

Trump Media is in advanced talks to acquire Bakkt, sending its stock flying. Brian Armstrong of Coinbase suggests that Hester Peirce be the SEC Chair to improve the crypto regulatory environment.

Yagyesh Jaiswal

Trump Media's potential purchase of Bakkt drives stock through the roof. Coinbase CEO Brian Armstrong recommends Hester Peirce for SEC Chair, an advocate for a pro-crypto agenda as Trump's administration begins to take shape.

XRP Futures Open Interest Sets New Records as Price Soars

XRP's price surged to a three-year high, with futures open interest reaching $2.10 billion. Reasons that include legal victories and market dynamics set up the future for XRP.

Yagyesh Jaiswal

Fueled by $2.10 billion of record futures open interest, XRP has reached a three-year high, but continuous legal fights and trader sentiment will continue to be in the driver's seat regarding its forecast in the market.

Bitcoin Surges, Gold Falls: Market Dynamics Post-Election

The recent U.S. election has seen Bitcoin prices surge high, while the price of gold has fallen. Explore the dynamics responsible for such fluctuation in financial markets are explained.

Yagyesh Jaiswal

Bitcoin surged nearly 30% while gold slumped by 5% after the U.S. presidential elections. Examine both the underlying market dynamics and investor sentiment which govern these trends.

Bitcoin Spot Buying Outpaces Futures Despite Soaring Leverage

Despite a surge in Bitcoin futures open interest and leverage, Glassnode data shows that the current BTC rally is primarily driven by robust spot buying, especially on platforms like Coinbase. This points to sustainable demand from investors seeking direct exposure.

Karim Noun

Despite a surge in Bitcoin futures open interest and leverage, Glassnode data shows that the current BTC rally is primarily driven by robust spot buying, especially on platforms like Coinbase. This points to sustainable demand from investors seeking direct exposure.

Pennsylvania State Proposes $7B Bitcoin Reserve Strategy

Pennsylvania has introduced a bill to allocate a portion of its $7 billion state fund towards a strategic Bitcoin reserve. This pioneering move could set a precedent for other states to explore incorporating cryptocurrencies into their fiscal strategies.

Karim Noun

Pennsylvania has introduced a bill to allocate a portion of its $7 billion state fund towards a strategic Bitcoin reserve. This pioneering move could set a precedent for other states to explore incorporating cryptocurrencies into their fiscal strategies.

Bitcoin ETF Options Cleared for Launch By CFTC

A recent advisory by the CFTC paves the way for the release of options on Bitcoin ETFs. Analysts say this will significantly increase the exposure of and liquidity in the U.S. market.

Yagyesh Jaiswal

The CFTC has cleared a path for Bitcoin ETF options, a harbinger of regulatory clarity that could further improve institutional participation. Many analysts anticipate swift approval that might increase market volatility and liquidity.

Crypto Market Sees $517M Liquidation on Fears Over Inflation

Crypto markets tumble with $3 billion liquidated as Bitcoin struggles to hold $86K. Inflation worries and U.S. policy uncertainty weigh on traders, shaking market confidence.

Yagyesh Jaiswal

A $517M crypto liquidation causes a market shake-up as Bitcoin fights to stay over $86K amidst inflation concerns and uncertainty over U.S. policy that fuels trader caution.

Phantom Wallet Glitch Locks iOS Users Out of Funds

An update to the Phantom wallet caused serious disruptions to operations for iOS users who are losing access to their funds. The bug has put wallet security and recovery methods at the center stage.

Yagyesh Jaiswal

A recent update in Phantom Wallet implemented a bug that locked the users of iOS devices from their accounts. This caused immense financial loss for users. Phantom acknowledged that a small number of users had been affected by the glitch and called for the backing up of the recovery phrase.

Robinhood Expands Crypto Offerings

Robinhood has expanded its cryptocurrency offerings to include Solana, Cardano, XRP, and PEPE, bringing its total to 19 assets. The addition marks the return of SOL and ADA after their 2023 delisting, while PEPE saw a 65% surge following the announcement.

Karim Noun

Robinhood has expanded its cryptocurrency offerings to include Solana, Cardano, XRP, and PEPE, bringing its total to 19 assets. The addition marks the return of SOL and ADA after their 2023 delisting, while PEPE saw a 65% surge following the announcement.

Trump's Crypto Policy Could Influence China's BTC Stance

Hashkey Group CEO predicts that Trump's crypto-friendly policies could influence China to soften its stance on cryptocurrencies. The analysis focuses on stablecoins as a potential entry point for China's acceptance of digital assets.

Karim Noun

Hashkey Group CEO predicts that Trump's crypto-friendly policies could influence China to soften its stance on cryptocurrencies. The analysis focuses on stablecoins as a potential entry point for China's acceptance of digital assets.

Ethereum ETFs Surge Post-US Elections

Ethereum ETFs have experienced a significant surge in inflows following the US elections, with over $500 million captured in just 4 trading days. Leading the charge, Fidelity's and BlackRock's ETH ETF have seen record-breaking daily inflows, as the funds approach positive net flows.

Karim Noun

Ethereum ETFs have experienced a significant surge in inflows following the US elections, with over $500 million captured in just 4 trading days. Leading the charge, Fidelity's and BlackRock's ETH ETF have seen record-breaking daily inflows, as the funds approach positive net flows.

Unichain: Revolutionizing DeFi with Layer 2 Technology

Discover Unichain, Uniswap's innovative Layer 2 solution to enhance DeFi efficiency, reduce costs, and enable liquidity across chains.

Yagyesh Jaiswal

Uniswap's Unichain is a Layer 2 solution on Optimism that reduces fees by 95%, increases transaction throughput, and provides seamless liquidity across chains. Among the innovative features are verifiable block building and new incentives for $UNI holders.

Solana Price Prediction 2024: Hedge Funds Project $600

MV Global's recent survey shows strong institutional faith in Solana, with 30% of investors expecting SOL to exceed $600. The study also highlights growing interest in AI and DePIN tokens, while gaming cryptocurrencies face skepticism.

Karim Noun

MV Global's recent survey shows strong institutional faith in Solana, with 30% of investors expecting SOL to exceed $600. The study also highlights growing interest in AI and DePIN tokens, while gaming cryptocurrencies face skepticism.

BTC ETF Set to Surpass Gold ETF Within Two Months

Bitcoin ETFs are rapidly gaining ground on gold ETFs, holding $84 billion (66% of gold ETFs' AUM). BlackRock's IBIT has already surpassed its gold counterpart in just 10 months, with analysts predicting Bitcoin ETFs to overtake gold ETFs within two months.

Karim Noun

Bitcoin ETFs are rapidly gaining ground on gold ETFs, holding $84 billion (66% of gold ETFs' AUM). BlackRock's IBIT has already surpassed its gold counterpart in just 10 months, with analysts predicting Bitcoin ETFs to overtake gold ETFs within two months.

MicroStrategy Expands Bitcoin Holdings with $2 Billion Purchase

MicroStrategy has purchased 27,200 BTC for $2.03 billion at $74,463 per coin, increasing its total holdings to 279,420 BTC. The company's stock rose 10% following the announcement, with total Bitcoin holdings now worth over $20 billion.

Karim Noun

MicroStrategy has purchased 27,200 BTC for $2.03 billion at $74,463 per coin, increasing its total holdings to 279,420 BTC. The company's stock rose 10% following the announcement, with total Bitcoin holdings now worth over $20 billion.

XRP and Cardano Eyes for $1 as Dogecoin and SHIB Rally

XRP and Cardano are on course to reach $1 in this season of crypto bull, while the meme coin market spearheaded by Dogecoin and Shiba Inu records massive gains.

Yagyesh Jaiswal

Discover how XRP and Cardano are about to reach $1.00000000, while Dogecoin and Shiba Inu take the most popular meme coin center stage and attract investors' attention.

Bitcoin Goes to New ATH of $81K: $100K Within Reach?

Bitcoin sets a new all-time high of $81,800, while its market capitalization breaks the $1.6 trillion level. According to analysts, the cryptocurrency may reach as high as $100,000 more, given the optimistic market sentiments.

Yagyesh Jaiswal

The price of Bitcoin surged higher to a new high of $81,800 and stretched its market capitalization past $1.6 trillion. While the cryptocurrency surged with many bullish sentiments after the recent U.S. elections, some analysts speculate on further gains toward $100,000.

Bitcoin Poised for Continued Upside, Driven by Institutional Demand

Glassnode's on-chain data shows Bitcoin has reached a new all-time high, with significant institutional and retail capital inflows, rising options market activity, and sustained ETF demand pointing to the potential for further price appreciation.

Karim Noun

Glassnode's on-chain data shows Bitcoin has reached a new all-time high, with significant institutional and retail capital inflows, rising options market activity, and sustained ETF demand pointing to the potential for further price appreciation.

Spot Bitcoin ETFs Surge on Trump Victory

The day after Donald Trump's projected election victory, spot Bitcoin ETFs, led by BlackRock's IBIT, saw record-breaking trading volumes as investors anticipated a shift in US crypto policy under the new administration's pro-Bitcoin stance.

Karim Noun

The day after Donald Trump's projected election victory, spot Bitcoin ETFs, led by BlackRock's IBIT, saw record-breaking trading volumes as investors anticipated a shift in US crypto policy under the new administration's pro-Bitcoin stance.

Ethereum Price Surges Over 10% With Strong ETF Inflows

The price of Ethereum jumped more than 10% owing to some political shifts and growing interest in DeFi. The high inflows into spot Ether ETFs marked a crucial period for the cryptocurrency.

Yagyesh Jaiswal

Ethereum's breakout above $2,800 underlines the shifting market dynamics driven by falling Bitcoin dominance and increased interest in DeFi. Spot Ether ETFs have emerged as the recipient of heavy inflows as investors respond to favourable expectations from the regulator.

WazirX to Resume Trading & Compensate Victims of $235M Hack

WazirX plans to restart trading by February 2025 and share revenue to compensate victims of a $235 million hack. The exchange will add new features and issue a recovery token for creditors.

Yagyesh Jaiswal

WazirX will restart trading no later than February 2025 with the issue of a recovery token with the purpose of offsetting losses for victims of a $235 million hack. Revenue will go toward creditor recovery and the addition of new trading functions.

Trump's Victory Signals Major Shift in US Crypto Policy

Following Trump's projected victory, Bitcoin hits new ATH of $75,264 as markets respond to his promised crypto-friendly policies, including national Bitcoin reserves and regulatory reforms.

Karim Noun

Following Trump's projected victory, Bitcoin hits new ATH of $75,264 as markets respond to his promised crypto-friendly policies, including national Bitcoin reserves and regulatory reforms.

October Records Highest Crypto Venture Funding in 6 Months

Crypto venture funding reached $860M in October, marking the highest level in six months with a 30% increase from September. Infrastructure and gaming sectors led the growth, while DeFi showed signs of recovery.

Karim Noun

Crypto venture funding reached $860M in October, marking the highest level in six months with a 30% increase from September. Infrastructure and gaming sectors led the growth, while DeFi showed signs of recovery.