Bitcoin’s (BTC) recent surge since the beginning of 2023 has reignited interest in the cryptocurrency realm. The launch of several spot BTC ETFs has propelled the top crypto to establish a new record high on March 14, breaking a historical milestone by achieving this feat over 45 days ahead of its next halving event. Amidst the current correction phase in…
The market cap of real-world assets (RWA) has surged to $5.54 billion, marking a remarkable increase of over 31% in the last 24 hours. Similarly, the memecoin market cap has also witnessed a notable uptick, rising by over 16% during the same period. Among the top five memecoins, excluding Shiba Inu, all have recorded double-digit gains. The RWA token market…
CoinGecko Research has identified the Solana network as the leading blockchain ecosystem of the year thus far. According to their report published on Wednesday, the layer 1 blockchain now commands 49.3% of global crypto investor interest in chain-specific narratives. The report attributes Solana’s dominant mindshare to its resurgence back to 2021 highs, coupled with the impressive performance of key ecosystem…
Feeling bullish? Crypto traders today woke up and chose to hit the “buy” button, with 90% of the top 100 coins by market capitalization jumping in price in the last 24 hours. Bitcoin and Ethereum are up today by around 5% and 7%, respectively, and many other top altcoins are doing even better. It’s all the more impressive when you…
In its latest “Halving Handbook,” Coinbase Institutional draws striking comparisons between the upcoming Bitcoin halving and the market cycle from 2018-2022, offering insights into the potential impacts on the crypto economy. Coinbase’s Halving Handbook The next Bitcoin halving, set for mid-April 2024, is poised to slash miner rewards from 6.25 BTC to 3.125 BTC, a […] Source: https://news.bitcoin.com/coinbase-institutional-analyzes-upcoming-bitcoin-halving-drawing-parallels-to-2018-2022-cycle/
On Wednesday, a significant crypto whale moved 12,000 ETH to Binance, as reported by Lookonchain. Despite ongoing regulatory concerns, Ether saw an 11% surge in value on the same day. The investor, identified as a whale due to their substantial holdings acquired since 2017, transferred a sizable amount of ETH to Binance, possibly indicating an intention to liquidate the holding.…
Cryptocurrency exchange OKX has informed its clients that it will no longer offer services in India. Customers are required to close their positions by the end of April, after which they can only withdraw their funds. The exchange cited regulatory considerations in the country as the reason for this decision. In a notice, OKX informed its Indian clients that they…
The Swiss National Bank (SNB) announced a twenty-five basis point cut to its benchmark interest rate on Thursday, bucking a global trend among other central banks committed to keeping rates elevated. Should others follow, it could be a promising sign for crypto markets—which have historically ebbed and flowed in line with global macroeconomic policy. “For some months now, inflation has…
BTC experiences a 9% drop, resulting in $700 million liquidations, with funding and open interest hitting their lowest levels in weeks. The sell-off appears more sustained compared to previous brief dips, with most BTC downside liquidations concentrated around $66,000. ETFs witness $132 million inflows, sparking predictions of a potential liquidity crisis within six months. VanEck suggests that an ETH ETF…
Ethereum co-founder Vitalik Buterin said Thursday that the amount of “usage” he’s seen from layer-2 networks following last week’s milestone Dencun upgrade has been lower than expected. In response to a question submitted by Rug Radio at ETH Taipei on Thursday, Buterin hedged when asked whether Dencun’s implementation has been better than he expected. “It depends what you mean by…
