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Here’s what happened in crypto today

Today in crypto, Bitcoin's price experienced a slight decline, dropping below $27,000 amid ongoing market volatility. Ethereum also saw a decrease, with its value falling under $1,600. In regulatory news, the U.S. SEC announced a delay in its decision regarding several Bitcoin ETF applications, which has contributed to market uncertainty. Additionally, major exchanges reported increased trading volumes as investors reacted to the fluctuating prices. Overall, the market remains cautious as traders await further developments.

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CME Set to Launch Avalanche, Sui Futures Ahead of 24/7 Crypto Derivatives Trading Shift

CME Group is set to launch futures contracts for Avalanche (AVAX) and Sui, expanding its offerings in the cryptocurrency derivatives market. This move comes as part of CME's strategy to transition to 24/7 trading for crypto derivatives, enhancing accessibility for traders. The new futures contracts are expected

Americans’ losses to crypto scams rose to over $11 billion last year, FBI reports

In 2022, Americans lost over $11 billion to cryptocurrency scams, according to an FBI report. This figure represents a significant increase in losses compared to previous years, highlighting the growing prevalence of crypto-related fraud. The report indicates that scams often involve fake investment opportunities and phishing schemes targeting unsuspecting investors.

XRP ETFs Outpace Bitcoin as Crypto Funds Bounce Back After Down Week

XRP exchange-traded funds (ETFs) have seen significant growth, surpassing Bitcoin ETFs as crypto funds recover from a recent downturn. The surge in XRP ETF interest is attributed to positive market sentiment and renewed investor confidence in the cryptocurrency sector. This rebound follows a challenging week for digital assets, where many

DeFi yields are crashing so hard that they can't compete with a traditional savings account

DeFi yields have plummeted significantly, making them less attractive compared to traditional savings accounts. Many decentralized finance platforms are now offering returns that fall below the interest rates provided by conventional banks. This decline in yields is attributed to various factors, including market volatility and reduced demand for borrowing. As

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CME Set to Launch Avalanche, Sui Futures Ahead of 24/7 Crypto Derivatives Trading Shift

Americans’ losses to crypto scams rose to over $11 billion last year, FBI reports

XRP ETFs Outpace Bitcoin as Crypto Funds Bounce Back After Down Week

DeFi yields are crashing so hard that they can't compete with a traditional savings account