Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
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.
Horizen’s future-proof modular architecture will enhance the functionality and interoperability between chains within the network, while maintaining robust security.
Adding to the negative outlook, funding rates for BNB perpetual futures have dropped into negative territory.
In addition to its Major Payment Institution (MPI) license for OKX SG, OKX is expanding its services in Singapore by streamlining the connection to local banks for convenient deposits and withdrawals.
With the Chang hardfork going live, ADA holders will be in control of Cardano’s governance thereby voting on key development projects and electing representatives.
China tackles cryptocurrency crimes with first case conviction and new guidelines to standardize virtual currency crime prosecution
Binance periodically adds new tokens to its platform to improve users’ trading experiences. This usually positively impacts the price of the listed cryptocurrencies.