Market Updates
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...
Ethena Labs Boosts USDe Stability with Bitcoin Collateral
Ethena Labs, the creators of the synthetic dollar-pegged asset USDe, have taken a significant step to enhance the product's stability and scalability by integrating...
DappRadar Report Reveals Surge in DApp Wallets to 7M
The decentralized application (DApp) and Web3 sector have shown remarkable growth in the first quarter of 2024, according to a recent report by DappRadar....
Bitcoin’s New Trading Pattern: Opportunity Outside US Hours
Bitcoin's trading dynamics have seen a notable shift following the introduction of spot Bitcoin ETFs in the United States, reversing a longstanding trend where...