Market News

According to recent documents filed by the bankrupt crypto hedge fund Three Arrows Capital’s (3AC) estate, 3AC co-founder Kyle Davies is asked to be held in contempt of court for...

Tether concerns are arising again as whales have recently initiated a dumping spree of USDT, causing it to account for more than 73% of the Curve 3pool. This surge in...

The cryptocurrency market experienced a pullback yesterday, with almost all the top cryptocurrencies shedding a significant part of their value. The impact of this resulted in a drop in the...

For the first time in a year, the U.S. Federal Reserve (FED) recently confirmed that it would not be raising interest rate levels. According to the blockchain intelligence firm Santiment,...

Erin Platts, the former CEO of the financial giant Silicon Valley Bank (SVB) UK, shared her enthusiasm for the UK banking titan HSBC’s rebranding of SVB UK. Following her accession...

Global algorithmic trading firm Wintermute Trading accumulated $3.7 million worth of Uniswap (UNI) tokens. According to pseudonymous on-chain analyst Lookonchain, the liquidity provider took the said action moments after the...

As of today, June 14, 2023, Polkadot/Kusama, the interoperability blockchain decentralized protocol, leads the GitHub daily development activity with 913 daily development activities. As released by the data provider, ProofOfGitHub,...

The beleaguered crypto custodian Prime Trust’s subsidiary Banq officially filed for bankruptcy in the U.S. bankruptcy court in the district of Nevada. According to the filings, Banq disclosed its assets...

In an exclusive interview with the YouTube channel Breaking Points, former Twitter CEO Jack Dorsey elaborated on his recent endorsement of Robert F. Kennedy, Jr. as the Democratic nominee for...

According to the blockchain data platform Glassnode, there is an interesting divergence in investors’ behavior. The analytics platform reveals transactions below $10M in size have seen consistent withdrawals. The net...

Haru Invest, a digital asset management platform, has reportedly declared the closure of the company, following the suspension of withdrawals and deposits. According to a source, the company has been...

Michael van de Poppe, the crypto enthusiast and CEO of the educational platform MN Trading, recently shared a Twitter thread listing a few upcoming events in the financial market, acknowledging...

The ongoing impact of the regulatory measures initiated by the U.S. Securities and Exchange Commission (SEC) last week is continuing to influence the crypto market situation, reported Bloomberg. The crypto...

In a video posted on Youtube, Michael Pizzino, an analyst stated that the bear market is over. He reinforced his arguments based on the macro market structure of cryptocurrency while...

Cameron Winklevoss, one of the founders of the crypto exchange Gemini, tweeted on June 10, suggesting that the Democratic Party’s opposition to cryptocurrencies could potentially alienate a significant portion of...

VC firm Andreessen Horowitz (a16z) is venturing into the U.K. crypto scene, establishing its first overseas office in London. This move comes amidst rising regulatory tensions in the U.S., leading...

CFTC secures a victory in the Ooki DAO litigation. The court imposed a $643k penalty and ordered the closure of the illegal platform. CFTC says the ruling is a wake-up...

Solana Foundation denies SEC’s allegations that SOL is an unregistered security. SOL is the native token to the decentralized Solana blockchain, according to the foundation. Solana Foundation’s head of policy...

Cryptocurrency firms are turning to a new banking system amid increasing regulatory scrutiny. In the U.S., smaller lenders now provide an alternative for crypto startups after the collapse of Silvergate...

Recent data reveals that the Federal Reserve’s Bank Term Funding Program (BTFP) has reached a milestone of $100 billion in usage, indicating continued financial assistance to banks and highlighting the...

During the 2023 Caixin Summer Summit on June 9, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, announced Hong Kong’s intention to implement an appropriate...

A crypto analyst in the TradingView community, DemiGod, shared an incisive analysis of the XRP price. With a combination of indicators, the analyst predicts XRP could rally to $0.80 if...

Prominent attorney and XRP enthusiast John E. Deaton bashed the Securities and Exchange Commission’s (SEC) chair, Gary Gensler, on the latter’s latest crackdown on global cryptocurrency exchanges Binance and Coinbase....

Santiment, the blockchain intelligence firm, shared the highlights of their latest Insights report via a tweet published earlier today. According to the post, the overall stablecoin market cap has steadily...

Prominent crypto influencer, Crypto Banter, has thrown light upon the adverse effects of the increasing regulatory environment in the United States for the country’s biggest crypto investors. He exposed the...