Cryptocurrencies News
- Bob Mason
US inflation and retail sales figures raised investor expectations of a September Fed rate cut, driving buyer demand for BTC and the broader crypto market.
- Ibrahim Ajibade
Crypto News Today: U.S. Senate votes against SEC crypto rule, CME Group plans spot Bitcoin trading, and JPMorgan reports a drop in Bitcoin mining costs. Stay updated on the latest developments in cryptocurrency. In today’s crypto news, the U.S. Senate votes to overturn an SEC rule affecting banks’ dealings with
- Ibrahim Ajibade
Spot bitcoin exchange-traded funds in the U.S. reported a total daily net inflow of $257.34 million on Thursday, recording a fourth consecutive day of inflows. Blackrock’s IBIT ETF Leads the Way with $94M Inflows BlackRock’s IBIT, the second largest in terms of net asset value, saw the largest amount of
- Ibrahim Ajibade
The crypto market entered a mild-correction phase on May 16 after pulling in over 100 billion capital inflows in the last 24-hours. As institutional involvement in crypto grows, Vanguard, Microstrategy and Blocktower dominated the headlines with varying landmark events. Vanguard’s New CEO Rules Out Spot Bitcoin ETF Launch Salim Ramji,
- James Hyerczyk
The April CPI reading is hinting at easing inflation, however, the Fed is expected to hold rates steady despite investor optimism.
- Ibrahim Ajibade
Billionaire Mark Cuban responded to former 2024 Republican presidential candidate Donald Trump’s courting of crypto in a Friday social media post, claiming that crypto will play a large role in the 2024 election. “If Joe Biden loses, there is a good chance you will be able to thank Gary Gensler and
- Ibrahim Ajibade
PEPE has showcased some impressive performance over the last few days, with the memecoin now steadily closing in on its all-time high.
- Bob Mason
The US BTC-spot ETF market saw modest inflows in the week ending May 10, with Fed policy uncertainty and intensifying SEC scrutiny testing buyer demand.
- Ibrahim Ajibade
Binance Hit with $4.3 Million Fine in Canada Canadian financial regulators levied a C$6 million ($4.3 million) fine against leading cryptocurrency exchange Binance citing two separate “administrative violations” of the country’s financial regulations. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the nation’s financial intelligence unit, said in
- Ibrahim Ajibade
The US SEC has maintained Ripple should pay close to $2 billion in fines for selling XRP to institutional investors, in response to a $10M counter-proposal.
- Ibrahim Ajibade
FTX customers are poised to recover all of the money they lost when the firm collapsed in 2022 plus interest accoriding to bankruptcy lawyers.
- Ibrahim Ajibade
Binance CEO Richard Teng says the Nigerian government has made a “dangerous precedent” for all companies worldwide following the detention of the exchange’s two employees. The arrest of two mid-level employees following their invitation to collaborate on policy meetings in Nigeria sets a “dangerous new precedent for all companies worldwide,” Binance CEO Richard Teng
- Ibrahim Ajibade
Grayscale’s Bitcoin Trust (GBTC) experienced a second consecutive day of net inflows, marking a remarkable turnaround from a $17.5B outflow streak.
- Ibrahim Ajibade
XRP price is poised to rally above $1,000 according to an Analysts’ liquidity sheet factoring in a daily cross-border payment volume of $1 trillion.
- Ibrahim Ajibade
Shiba Inu (SHIB) has continued to attract the attention of crypto traders in India as it became the most traded coin on WazirX exchange for April 2024.
- Bob Mason
The BTC-spot ETF market tested buyer demand for BTC, while XRP trended upwards amidst court filings from the SEC and Ripple.
- Ibrahim Ajibade
Shiba Inu (SHIB) price surge 20% within the daily timeframe on Friday May 3, as market reacted to a landmark Paypal integration.
- Ibrahim Ajibade
Changpeng Zhao, the Binance Founder/ ex-CEO, was sentenced on Tuesday, April 30 to four months in prison after pleading guilty to violating US money-laundering laws.
- Ibrahim Ajibade
MicroStrategy’s Bitcoin holdings increased by 122 BTC in April, according to Q1 2024 report. The Michael Saylor-led firm now holds BTC worth $13.6 billion.
- Ibrahim Ajibade
As May 2024 approaches, over $3 billion worth of tokens are about to be unlocked across seven different projects, according to TokenUnlocks data. The two largest unlocks will be from DeFi oracle network Pyth and crypto derivatives platform Aevo (formerly Ribbon Finance). Most crypto projects make their total supply of