News
On October 10, 2023, Bitcoin experienced a notable price surge, climbing above $30,000 for the first time in several months, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, with its price rising alongside Bitcoin, as the upcoming Ethereum upgrade generated excitement among investors. Meanwhile,
News
Democratic lawmakers are scrutinizing the Commodity Futures Trading Commission (CFTC) chair regarding potential insider trading in prediction markets, particularly related to political events. They expressed concerns about the integrity of these markets and the implications for fair trading practices. The questioning comes amid growing interest in prediction markets as a
News
Bitcoin wallets have accumulated 4.37 million BTC as network activity shifts into a bullish phase. This increase in holdings indicates a growing confidence among investors and suggests a potential upward trend in the market. The surge in wallet activity is accompanied by rising transaction volumes, reflecting heightened interest in
News
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
China
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.
China
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
News
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
News
Phone logs reveal that Argentine presidential candidate Javier Milei had seven calls with a backer of the LIBRA cryptocurrency on the night of its launch. The calls have raised questions about the potential influence of cryptocurrency interests on Milei's political campaign. LIBRA, which aims to revolutionize digital currency,
China
The Solana Foundation recently issued a message advising against wasting time with cryptocurrency, which has sparked speculation within the crypto community. The statement appears to be a response to ongoing market volatility and the challenges facing various blockchain projects. Analysts suggest that the foundation may be encouraging users to focus
News
Split Capital is winding down its operations as its founder transitions to a new role at the stablecoin startup Plasma. The decision to close Split Capital comes amid ongoing challenges in the cryptocurrency market. Plasma aims to enhance the stability and usability of digital currencies, and the founder's
News
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
News
US prosecutors have dismissed the argument made by the co-founder of Tornado Cash for the dismissal of charges against him. The co-founder is facing allegations related to facilitating money laundering through the cryptocurrency mixing service. Prosecutors argue that Tornado Cash was used to obscure the origins of illicit funds, thereby