DBS to launch crypto options and structured notes for institutions

While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024. 

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iShares BTC ETF investors weather major price drop with zero flows

The Bitcoin ETF from iShares saw a rough entry into the week, with the asset down by 14%, yet according to market analysis, no one budged.

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Crypto markets perfect storm can lead to further massive capitulation

A rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major assets. What are the possible factors for this perfect storm?

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Market Turmoil: Tariff Conflicts Trigger Historic Volatility

Financial markets experience unprecedented swings amid political maneuvers around trade, taxes, and regulations, according to VanEck. Investors face uncertainty as market volatility heightens. (Read More)

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Trader turns $2.2K of SOL into $2.26M in 8 hours with new memecoin

The trader made an over 993x gain on their initial investment, spurring insider trading allegations.

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Bitcoin ETFs See Fresh Inflows Ahead of Trumps Tariff Rollout

The U.S. Spot Bitcoin ETFs experienced investor interest jumped again on April 3 before Donald Trump’s Liberation Day tariff announcement. SoSoValue data reveals that spot Bitcoin ETFs attracted a $220.76 million investment on April 2 causing a halt to a three-day continuous withdrawal pattern of more than $320 million. Both FBTC from Fidelity and ARKB […]

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Bitcoin (BTC) Shows Resilience Amid Economic Uncertainty

Bitcoin demonstrates resilience amid economic turmoil, outperforming traditional assets despite significant market volatility and macroeconomic challenges, according to Bitfinex Alpha. (Read More)

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Shiba Inu: 74% Held by Large Addresses, Transaction Volume Reaches $120.46M in 7 Days

74% of all Shiba Inu addresses are whale addresses. It explains why there was $120 million in SHIB transaction volume this past week.

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XRP Price Prediction: Accumulation Phase Signals Potential Rally to $2.40

Ripple (XRP) is showing a positive momentum and experiencing a surge in its price. However, the XRP price is hit by market volatility and is showing a bearish trend on the higher timeframes. Its price over the last week is down by 4.55%, and over the last month it is down 8.52%. Currently, XRP price […]

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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector It’s been [...]

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USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET) [...]

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ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility

Despite recent market volatility, Cathie Wood’s investment manager ARK Invest has made a record purchase of Coinbase stock, along with significant investments in Robinhood. The move confirms ARK’s bullish sentiment towards the cryptocurrency industry and Bitcoin. (Read More)

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Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles

Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation caused SBNY shares to sink on Friday, dropping more than 13% as [...]

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Freeway's withdrawal halt blamed on 'failed' trading strategy

The crypto yield platform said one of its trading strategies "appears to have failed" forcing the firm halt services earlier this week.

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Digital Asset Fund Inflows Surge Amid Market Volatility

Digital asset investment products experienced $527 million in inflows last week, driven by volatile market conditions and significant Bitcoin investments. (Read More)

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Zambia to Complete Testing Real-Life Crypto Usage Simulations by June — Government Minister

Zambia is set to complete real-life crypto usage simulations by the end of June, Felix Mutati, the country’s science and technology minister has said. The Zambian minister said his country is seeking a balance between innovation and consumer protection. Zambia Needs to Build Digital Infrastructure Before It Introduces Crypto According to the Zambian minister of [...]

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Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time [...]

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50 Dormant Bitcoins Worth $1.25 Million Wake Up After 12-Year Slumber

A dormant Bitcoin address holding 50 Bitcoin, valued at approximately $1.25 million, suddenly sprang to life on June 15 after being inactive since June 21, 2010. This month has seen only one 2010 block reward transfer, with the previous two taking place on May 22, 2023. $1.25 Million in Bitcoin Moves After a Decade of [...]

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Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have [...]

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Can liquid staking tokens depeg due to market volatility?

Some top LSTs have previously seen price deviations of up to 77% from Ethers price due to mass sell-offs paired with liquidations on leveraged lending protocols.

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