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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)
The trader made an over 993x gain on their initial investment, spurring insider trading allegations.
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 […]
Bitcoin demonstrates resilience amid economic turmoil, outperforming traditional assets despite significant market volatility and macroeconomic challenges, according to Bitfinex Alpha. (Read More)
74% of all Shiba Inu addresses are whale addresses. It explains why there was $120 million in SHIB transaction volume this past week.
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 […]
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 [...]
The post Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025 appeared first on Crypto Breaking News.
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) [...]
The post USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity appeared first on Crypto Breaking News.
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)
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 [...]
The post Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles appeared first on Crypto Breaking News.
The crypto yield platform said one of its trading strategies "appears to have failed" forcing the firm halt services earlier this week.
Digital asset investment products experienced $527 million in inflows last week, driven by volatile market conditions and significant Bitcoin investments. (Read More)
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 [...]
The post Zambia to Complete Testing Real-Life Crypto Usage Simulations by June — Government Minister appeared first on Crypto Breaking News.
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 [...]
The post Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains appeared first on Crypto Breaking News.
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 [...]
The post 50 Dormant Bitcoins Worth $1.25 Million Wake Up After 12-Year Slumber appeared first on Crypto Breaking News.
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 [...]
The post Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork appeared first on Crypto Breaking News.
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.
Dogecoin (DOGE), the popular meme cryptocurrency, is currently facing turbulence in the market as it tries to maintain key support levels. Despite Bitcoin’s recent stabilization after a sharp crash, the broader crypto market remains in a neutral phase, leaving Dogecoin vulnerable to price fluctuations. Over the past week, DOGE has experienced a 16% drop in […]
Usuals USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate.
According to statistics, the meme coin asset pepe (PEPE) still holds the third position in terms of the largest meme token market capitalization. However, PEPE has lost over 70% in value during the past 30 days. Pepe Value Slides 26% Lower Over the Past 2 Weeks The meme coin pepe (PEPE) has experienced a significant [...]
The post Meme Coin Pepe Sees Steep Decline in 30 Days, Losing 70% Since All-Time High appeared first on Crypto Breaking News.
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