Customers are advised to stay informed about the ongoing proceedings and prepare for the likelihood of a partial return of their assets.
Amid the global market uncertainty, Bitcoin has given subpar returns during the last quarter and so, while Gold has seen a steady ascent.
DeFi protocols saw their fees drop to $288 million in August, marking a significant decline from July’s $381.45 million and a steep fall from March’s peak of $494.14 million.
One key upgrade that the Cardano protocol has had to embrace is the Chang hard fork. On September 1, the much-anticipated upgrade was activated, marking a massive shift towards decentralized governance for the ecosystem.
Altcoin Season Index reading indicated that it was still a Bitcoin season as most altcoins underperformed BTC.
The integration of AI will make the Smart Arbitrage trading bot more intuitive and present additional opportunities for gains as OKX aims to target a wider user base and expand its footprint across the globe.
Last week’s overall outflows were largely driven by two funds. Those are Ark Invest/21Shares’ Bitcoin fund (ARKB) and Grayscale’s Bitcoin ETF (GBTC).
While Solana’s recovery and transaction volume are promising, the overall market conditions may still pose challenges.
The Chainlink network has grown to a major tokenization platform for real-world assets fueled by institutional investors seeking to tap into the Web3 ecosystem.
The digital asset will be fully backed by reserve assets held in regulated and authorized institutions within Hong Kong.
SBI admits that this collaboration presents an opportunity for it to forge ahead with its corporate Bitcoin savings strategy.
The SEC’s intervention comes as FTX has been working on several repayment plans to compensate its creditors.
This move comes amid growing concerns within the cryptocurrency community about the current regulatory landscape.
Blockstream CEO Adam Back also acknowledged the surge in whale activity. He pointed out that it happened when Bitcoin price dipped from over $62,000 to around $58,000.
The US spot Bitcoin ETF issuers have registered four consecutive days of notable cash outflow leading to a bearish outlook for the entire altcoin industry.