Coinbase Premium Index Turns Negative as BTC Price Falls Below $94K
Bitcoin is trading below $95,000 as the Coinbase Premium Index turns negative, indicating retail selling pressure despite growing institutional adoption through ETFs.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Bitcoin is trading below $95,000 as the Coinbase Premium Index turns negative, indicating retail selling pressure despite growing institutional adoption through ETFs.
With the multiple licenses, LTP HK can now offer securities trading, futures contracts, asset management, and advisory services to hedge funds, proprietary trading firms, and asset managers.
The SEC has acknowledged Cboe BZX Exchange’s filing to list Bitwise XRP ETF, with analysts predicting high approval chances. The decision follows SEC’s implied classification of XRP as a commodity.
By design and purpose, STEP was conceived to invest 1% of the Arbitrum DAO treasury into tokenized RWAs.
Grayscale Investments has introduced the Grayscale Pyth Trust, allowing investors to gain exposure to the PYTH governance token while avoiding the technical challenges of direct cryptocurrency ownership.
Curve Finance raised $5 million for Yield Basis, a project that faced overwhelming investor demand completing the funding round in just two weeks.
Nigeria’s government is advancing plans to incorporate cryptocurrency transactions into its tax framework, with lawmakers reviewing legislation expected to pass in early 2025.
The Open Network has evolved into a thriving web3 ecosystem with $193M TVL and $1.28B in stablecoins. Factorial Finance prepares to launch USDT borrowing against TON on February 19.
Chainlink’s short-term outlook remains cautious due to bearish momentum, but long-term prospects remain strong.
Business intelligence firm Strategy has temporarily suspended its Bitcoin purchasing program by pausing stock sales between February 10-14, keeping its massive 478,740 BTC treasury unchanged.
Blockaid has raised $50 million in a Series B round led by Ribbit Capital to enhance its cybersecurity efforts.
The new facility offers 240 megawatts of interconnection capacity and 114 megawatts of wind power, utilizing last-generation ASIC mining hardware.
The Bahamian arm of FTX starts reimbursing smaller creditors today, though the repayment model based on 2022 prices has left some feeling shortchanged amid Bitcoin’s 390% surge.
Bitwise Asset Management has revealed its Bitcoin ETF wallet addresses, allowing investors to verify holdings directly on the blockchain and potentially influencing industry standards.
OpenSea’s points-based airdrop system for its SEA token has sparked outrage, with users claiming it encourages wash trading and overlooks longtime platform contributors.