Abdulkarim Abdulwahab
MicroStrategy’s Michael Saylor Says ‘Chaos is Good for Bitcoin’ Despite $1.5B Loss
MicroStrategy chairman Michael Saylor argues that chaos is good for Bitcoin. BTC crashed to around $60K amid escalating tensions between Iran and Israel. MicroStrategy lost over $1.5 billion in the...
After $60K Crash, BTC ‘Will Resume its Trend Higher,’ Says Mike Novogratz
Bitcoin tanked to about $60,900 from about $68K, shredding above 10.3% within the past day. Solana, XRP, and ADA witnessed more substantial losses that exceeded 20%. Mike Novogratz said following...
XRP Tanks 21% to Retest $0.4, Challenging Analysts Bullish Forecasts of $1, $5
XRP sees a sharp 21% decline, revisiting the $0.4 range amid market instability. XRP’s latest retest of the $0.4 range contradicts popular analysts’ bullish projections of $1. While analysts continue...
Real-time Risk Monitor for Ethena USDe Stablecoin Now Live
Arthur Hayes, the founder of the BitMEX exchange, recently presented a risk radar chart for Ethena Labs’ USDe stablecoin with on-chain provided by intelligence platform IntoTheBlock. In a recent post...
Ripple CTO Delighted as Devs Propose Game-Changing Native Lending Protocol for XRPL
The XRP Ledger (XRPL) is set to welcome more DeFi capabilities as RippleX developers Aanchal Malhotra and Vito Tumas have proposed a Native Lending Protocol on XRPL. RippleX called attention...
Why’s Ripple Unlocking 500M XRP Worth $306M in the Middle of the Month?
The crypto community has witnessed the surprising release of half a billion XRP tokens from an escrow, sparking questions regarding the purpose behind the unusual unlock. Whale Alert drew attention...
Hong Kong Set to Launch Asia’s First Bitcoin Spot ETFs On Monday
Hong Kong regulators may approve Bitcoin and Ethereum spot ETF on Monday. At least four Chinese and Hong Kong asset managers have filed to launch crypto spot ETFs. Hong Kong...
Anonymous Whale Pulls $24M ENA Token From Binance: Here’s Why
ENA, the recently launched governance token of decentralized protocol Ethena Labs, continues to gain the attention of crypto market participants, including the most influential investors in the crypto scene. Recently,...
Binance Records $1.15T Spot Volume, 7X Bigger than Coinbase Figures
Exchanges saw a $2.48T volume for March, a 134.1% gain from February. Binance led the charge by recording a volume of over $1.14 trillion in March. The $1.15T volume Binance...
How this Tokenized Hedge Fund Generates Billions in Crypto with 37% Yield
Tokenized hedge fund Ethena attracts over $2 billion with a 37% yield. Skepticism arises about the sustainability of Ethena’s high yields amid market buzz. Ethena is one of the most...
KuCoin Lists BlockGames, Endorsing a Rising Star in Crypto Gaming
KuCoin has listed BlockGames, a rapidly expanding crypto project focused on gaming. Trading the BLOCK token will start on April 11, while withdrawals will open the next day. Other projects...
Stablecoin Injected with Over $4.2B Amid Bull Market Frenzy
The stablecoin market has seen a $4.21 inflow within the last ten days. Tether USDT accounted for a $2.4 billion inflow, mainly via the Tron blockchain. Ethena Labs’ USDe climbed...
Grayscale’s $155M Outflow Counteracts inflows from BlackRock, Bitwise, Fidelity
On Tuesday, U.S. Bitcoin spot ETFs experienced an outflow of $19.48 million. BlackRock’s ETF had the most significant inflow of the day, at $128.7 million. Grayscale experienced a substantial outflow...
NYSE Options Trading for Bitcoin ETFs Put on Hold by SEC
The SEC has postponed its decision on allowing the NYSE to offer options trading on spot Bitcoin ETFs. This delay applies to options on Bitwise, Grayscale, and any other Bitcoin...
Ethereum Soars 8% to $3,717 as ETF Talks with SEC Heat Up
ETH surged to $3,717 over the past day, one of its highest levels in over a month. Experts believe the optimism stems from discussions between ETF issuers and the SEC....
KuCoin Lists Truflation (TRUF), a Rising Star in Real-World Asset Tokenization
KuCoin has listed the native token of the RWA-focused project Truflation (TRUF). Trading Truflation’s token will start on April 9, while withdrawals will open the next day. Truflation is backed...
Bitcoin Shorts Get Burned Amid $72K Surge, Liquidations Top $170M
In the last 24 hours, Bitcoin has engineered a notable comeback, reclaiming the $70K threshold after its recent bearish performance. Notably, BTC crashed to a low of $64,559 on April...
Top 4 Mid-Cap Real-World Assets Ready to Surge with BTC at $72K+
Bitcoin (BTC) has reignited optimism in the market as it has moved dramatically within the last 24 hours to reclaim the $72K threshold. While Bitcoin opens the bull market doors,...
Ethena’s USDe Now Real Threat To Maker’s DAI: Coinbase Analyst
David Han, a research analyst at Coinbase, has highlighted Ethena’s newly launched USDe stablecoin as a formidable rival to MakerDAO’s DAI stablecoin. In Coinbase’s latest market trends report, research analyst...
Why Bitcoin is Unlikely to Revisit $50K This Season: A Detailed Analysis
According to Dylan LeClair, Head of Research at Bitcoin Magazine, Bitcoin is experiencing a full-fledged bull market despite recent retracement, asserting the unlikelihood of BTC crashing to $50K. LeClair expressed...
Pantera Capital’s $300M Fund Records 66% Gain After Dumping Bitcoin for Solana
Pantera Capital’s Liquid Token Fund has emerged as a standout performer in the first quarter of this year, netting nearly 70% gains. In particular, Pantera Capital’s $300 million fund concluded...
March Crypto Fundraising Hits $1.2B, But Q1 Still Registers 23% Dip
Messari, a prominent source of insight into the crypto market, has revealed a 23% decrease in fundraising for crypto projects quarter-over-quarter. Messari noted that this decline is primarily attributed to...
Ethena’s Bitcoin Backing of USDe Raises Concerns of Terra Luna Repeat
Ki Young Ju, the CEO of data analytics platform CryptoQuant, raised concern about Ethena Labs’ decision to back its recently launched USDe stablecoin with Bitcoin. In an announcement on Thursday,...
ZA Bank Explores Providing Hong Kong Accounts for Stablecoin Issuers
ZA Bank in Hong Kong is currently in discussions with potential stablecoin issuers regarding establishing accounts for the cash reserves supporting these tokens. Details of this development were captured by...
Buy Signal Confirmed for Polygon (MATIC) with Projected 15% Rally to $1
While Polygon (MATIC) may be an underperformer in the current bull market, renowned analyst Ali Martinez believes the asset could be set for a re-entry into the $1 threshold. In...
