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Bybit Wallet Prepares to Onboard Millions of Web3 Multichain Users
By Steve Muchoki
• 3 mins read
The Bybit wallet aims to be the preferred gateway to the Web3 ecosystem as it offers a secure, user-friendly, and convenient platform for both novice and experienced crypto enthusiasts.
Bitcoin Price Close to $44K as Investors Accelerate Exchange Deposits Awaiting BTC Spot ETF Decision
By Steve Muchoki
• 3 mins read
Nearly 28K Bitcoins have been deposited in crypto exchanges in the past week led by BTC miners thus signaling possible price correction in the short term.
Huobi Korea Shuts Down Operations Citing Business Difficulties
By Steve Muchoki
• 3 mins read
Huobi Korea has given its customers until January 29, 2024 to withdraw their funds from the exchange but promised the process will continue until full withdrawal of funds.
Countdown to Bitcoin Halving 2024: 106 Days Left
By Steve Muchoki
• 3 mins read
Bitcoin miners are preparing for this year’s 50 percent reduction in block reward by updating their mining hardware and software as experts predict significant profits by EOY.
Cboe Approves Listing of Fidelity Wise Origin Bitcoin Fund Ahead of US SEC’s Major Decision
By Steve Muchoki
• 3 mins read
Fidelity Investments filed form S-1 with the US SEC on December 29, 2023, to offer the Fidelity Wise Origin Bitcoin Fund shares via Cboe BZX Exchange.
Crypto Exchange Monthly Trading Volume Hits 12-Month High of Over $1T in December
By Steve Muchoki
• 3 mins read
The Binance crypto exchange had a monthly trading volume dominance of about 40 percent, representing $432 billion, despite the regulatory hurdles.
Jim Cramer: Bitcoin Is Here to Stay amid Spot ETF Frenzy
By Steve Muchoki
• 3 mins read
The Mad Money host described the recent Bitcoin rally above $45K as a remarkable comeback that was unexpected.
Binance Report: Crypto Exchange Adds 40M Users in 2023 Despite Regulatory Hurdles
By Steve Muchoki
• 3 mins read
Binance reported more than $1.2 billion in assets under custody for more than 170 million users in its 2023 performance report.
Monex Group to Acquire Majority Stake in Canada-based 3iQ
By Steve Muchoki
• 3 mins read
The Tokyo-based Monex Group intends to further strengthen its digital asset offerings to institutional investors through the 3iQ acquisition.
Crypto Exchanges Seeking to Tap on Vast Indonesian Market Must Register with Commodity Future Exchange (CFX)
By Steve Muchoki
• 3 mins read
The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection.