Market News

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,...

According to reports, the Podgorica High Court in Montenegro has approved the extradition of Do Kwon, a prominent figure in the Terra Luna crash. The court fulfilled its part of...

David Schwartz, co-founder of Ripple, highlights the importance of understanding the tax implications associated with AMM transactions. The CTO went on to explain that Depositing and withdrawing assets from these...

Lawmakers in the United States are ramping up their efforts to introduce a stablecoin bill in the country, and as per a report, two top lawmakers on the House Financial...

Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange has launched an appeal against his 25-year prison sentence following his conviction for fraud. Bankman-Fried’s legal team, led by defense lawyer Marc...

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...