Market Updates

NFT Market Thrives: $3.77 Billion Sales in First Quarter Of 2024

Despite a consecutive four-week downturn, the non-fungible token (NFT) market has shown remarkable resilience, with eight leading blockchain networks recording a whopping $3.77 billion...

Bitcoin’s Rally Paves the Way for Altcoin Success

As Bitcoin teeters on the brink of a significant milestone, reaching towards the $70,000 mark, it carves a path for other cryptocurrencies like TON,...

Grayscale Portfolio Excludes Cardano From Large Cap Fund

Grayscale Investments, recognized as the largest crypto asset manager globally, has made a notable change to its Digital Large Cap Fund (OTCQX: GDLC) during...

Spot Bitcoin ETFs Witness Recovery and Inflows in the US Market

Spot Bitcoin exchange-traded funds (ETFs) in the United States have demonstrated resilience and a strong market appetite, bouncing back with significant net inflows after...

JPMorgan Predicts SEC’s Approval of Spot Ethereum ETFs

JPMorgan, a leading global investment bank, anticipates that the U.S. Securities and Exchange Commission (SEC) will ultimately greenlight spot Ethereum exchange-traded funds (ETFs), albeit...

Pantera Capital’s Crypto Strategy Yields 66% Q1 Return

Pantera Capital’s Liquid Token Fund has showcased an impressive performance in the first quarter of 2024, boasting a 66% return driven by strategic shifts...

FTX Estate Sells Massive Solana Stake Worth 1.9 Billion

The FTX estate has successfully liquidated a significant portion of its Solana (SOL) holdings, generating approximately $1.9 billion to aid in the repayment of...

Binance Dominates Crypto Market with Historic Trading Volumes

In a significant indicator of heightened activity within the cryptocurrency market, Binance, the world's leading cryptocurrency exchange, has reported a yearly high in spot...

GBTC to Bitcoin: Genesis’s Approach to Settling Creditor Debts

In a strategic move to address its bankruptcy proceedings and settle debts with creditors, Genesis, the crypto lending firm, has transitioned approximately $2.1 billion...

BlackRock Expands Bitcoin ETF Network with Major Wall Street Firms

In a significant update to its Bitcoin exchange-traded fund (ETF), BlackRock has added five prominent Wall Street firms to its list of authorized participants,...

Uniswap Leads the DeFi Charge with $2 Trillion in Trades

In a remarkable achievement for the decentralized finance (DeFi) sector, Uniswap, a leading decentralized exchange (DEX), has eclipsed $2 trillion in cumulative trading volume....

Bitcoin Resilience Shines as Sellers Fail to Induce Major Pullbacks

In a remarkable shift from previous cycles, Bitcoin has shown unprecedented resilience in 2024, with sellers struggling to significantly impact its price despite achieving...