Market News

GBTC experienced a $17.5 million outflow. The figure marks a record low in outflows for the ETF. Grayscale Investments’ CEO noted the company’s funds are nearing equilibrium with their outflows....

Sebi tests T+0 settlement after T+1 success, aiming for efficiency. Buch stresses faster settlements to compete with cryptos, targeting youth. Sebi Chair encounters legal setbacks, prompting investigative scrutiny. India’s capital...

Bankman-Fried’s legal battle reveals challenges in accessing crucial documents. Ryan Salame’s delayed sentencing hints at ongoing legal complexities. FTX’s future remains uncertain amidst bankruptcy and leadership changes. Recent court filings...

Paraguay explores leveraging excess energy for Bitcoin mining, signaling a potential economic shift. Senate’s pause reflects adaptability in balancing economic growth with regulatory concerns. The proposed ban raises concerns about...

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...

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...

BH Digital’s Q1 return of 34.5% propelled total gains to nearly 51%, contrasting with other funds’ lackluster performance. Bitcoin surged 50% in Q1 2024, contributing to BH Digital’s success despite...

Cantor Fitzgerald LP’s CEO is bullish on asset tokenization and stablecoins. Howard Lutnick believes that stablecoins can benefit the US economy. Lutnick also voiced concerns about central bank digital currencies...

Binance announces the delisting of six trading pairs, slated to occur on April 12, 2024. The pairs include BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD and UNI/BNB. Users are urged to update...

Uniswap Labs confirmed that the DEX received a lawsuit warning from the SEC. The exchange’s legal chief said that the agency is overreaching its authority. Uniswap will fight this potential...

Tailored regulations for each blockchain are crucial for fostering innovation while managing risks. The debate between policymakers and crypto advocates highlights the complexities of regulating the industry. Effective crypto regulation...

Google Cloud joins EigenLayer’s mainnet as a node operator. EigenLayer has enabled cross-platform Ethereum staking. Venture capital invests in EigenLayer, reflecting blockchain sector growth. Google Cloud took a significant step...

The Treasury Department is concerned over the increasing use of crypto by terrorists. The Department requests additional tools to protect Americans from bad actors. These Syria-based terrorist groups used Bitcoin...

ACE Exchange upholds operational integrity despite founder’s indictment. Alleged fraud scheme underscores cryptocurrency investment risks. David Pan’s legal issues prompt scrutiny of the crypto industry’s governance. Taiwanese prosecutors have recently...

Approval of spot Bitcoin ETFs in Hong Kong signals a significant shift in the region’s financial landscape. A limited number of licensed crypto exchanges pose challenges for investors interested in...

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...

Steven Nerayoff has sued the U.S. government for $9.6 billion. Nerayoff alleged that federal agents “maliciously” investigated and prosecuted him. He claims the $9.6B is for reputational damage caused by...

Whale accounts signal bullish sentiment on $PENDLE with massive Binance withdrawals. $PENDLE value jumped 36.16% in a week, indicating strong market confidence. Analysis shows $PENDLE is aiming to break resistance...

VanEck’s CEO prioritizes transaction fees over Bitcoin and Ethereum ETFs in the crypto industry. Solana and Layer 2 solutions offer cheaper and more predictable transaction costs for developers. Jan Van...

Hong Kong’s Harvest International and China Asset Management have approved the management of “Coins Circles.” The launch of Bitcoin spot ETF is expected by the end of April. Hong Kong’s...

BNB flashed a buy signal at $571, while SOL’s price might decrease to $161.63. XRP might consolidate but bears might force ADA down to $0.53. DOGE’s analysis suggested a drawdown...

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...

Marathon Digital’s Fred Thiel said that Bitcoin halving is already priced in. Thiel stated that spot BTC ETFs accelerated the price surge that followed the halving. A reduction in the...

Indications from the EMA revealed that WIF could decline to $3.00. FLOKI was oversold, suggesting a rebound, while PEPE might drop to $0.0000067. BONK’s sellers’ fatigue could help the price...

Rich Indians are investing in spot BTC ETFs using their yearly remittance quotas. The Central Bank of India has warned investors against trading cryptocurrencies. Vested Finance has witnessed buy volumes...