Cryptocurrency News

Galaxy Digital Deposited 49,681 ETH into CEXs: Is Another Selloff Coming?

Galaxy Digital Deposited 49,681 ETH into CEXs: Is Another Selloff Coming?

Key Notes Galaxy Digital’s movements hint at a potential selloff. This could push ETH below the $1,600 mark. ETH-based ETFs also struggle, strengthening bearish sentiment. Galaxy Digital, a crypto investment service provider, has been depositing Ethereum ETH $1 600 24h volatility: 1.6% Market cap: $193.20 B Vol. 24h: $12.96 B into the top cryptocurrency exchanges, […]

Galaxy Digital Deposited 49,681 ETH into CEXs: Is Another Selloff Coming? Read More »

China’s Crypto Conundrum: Billions Seized, No Rulebook in Sight

China’s Crypto Conundrum: Billions Seized, No Rulebook in Sight

Key Notes China seized over $59B in crypto-related crimes in 2023 alone. Local governments are quietly selling confiscated tokens abroad. The country holds around 15,000 Bitcoin tokens, with no national rulebook. China’s pile of seized cryptocurrencies seems to keep getting bigger and bigger. While crypto trading is officially banned in the country and digital tokens

China’s Crypto Conundrum: Billions Seized, No Rulebook in Sight Read More »

ProShares Joins Race for XRP Futures ETF, Here’s Timeline to Watch

ProShares Joins Race for XRP Futures ETF, Here’s Timeline to Watch

Key Notes ProShares plans to launch three XRP futures ETFs by the end of April. Ripple’s SEC settlement is boosting XRP’s appeal to institutional investors. Kaiko identifies XRP as the top altcoin candidate for a US spot ETF. According to a new filing with the US Securities and Exchange Commission (SEC), ProShares is preparing to

ProShares Joins Race for XRP Futures ETF, Here’s Timeline to Watch Read More »

Monero price prediction: is XMR on course to 5 after the golden cross?

Monero price prediction: is XMR on course to $235 after the golden cross?

Golden cross signals potential rise for Monero price. Monero (XMR) may hit $235, but volatility and governments cracking down on privacy coins pose a real risk. XMR price will have to hold above $200 and surge above $230 to attempt reaching $235. Since its launch in 2014, Monero (XMR) has carved a niche by offering

Monero price prediction: is XMR on course to $235 after the golden cross? Read More »

2,009 Bitcoin Moved From Antpool, Are BTC Miners Selling?

2,009 Bitcoin Moved From Antpool, Are BTC Miners Selling?

Key Notes Antpool transferred 2,009 Bitcoin, worth $168 Million, to unknown addresses. The transaction sparked speculations about miners selling. BTC faces price resistance near $84,000 amid market uncertainty. Current market data shows that Antpool, one of the biggest mining pools, has witnessed the transfer of a large amount of Bitcoin to an unknown wallet. Whale

2,009 Bitcoin Moved From Antpool, Are BTC Miners Selling? Read More »

Bitcoin Traders Take Profit as Institutional Money Pours In

Bitcoin Traders Take Profit as Institutional Money Pours In

Key Notes Whales have sold over 29,000 BTC worth $2.4B since April 9. Strategy added $285M in Bitcoin and Semler Scientific filed to raise $500M, partly to fund further Bitcoin purchases. Bitcoin is currently trading at around $83,300, down by around 2.7% in the past day. Bitcoin BTC $83 704 24h volatility: 2.5% Market cap:

Bitcoin Traders Take Profit as Institutional Money Pours In Read More »

Tether Makes Strategic Investment in Self-Custodial Protocol Fizen

Tether Makes Strategic Investment in Self-Custodial Protocol Fizen

Key Notes Tether has invested in Fizen to support self-custody and stablecoin payments. Fizen enables crypto transactions without banks or third parties, aligning with Tether’s goals. The stablecoin giant has maintained a healthy portfolio diversification push. Tether, the company behind the world’s most used stablecoin, USDT, is in the spotlight again. The firm recently announced

Tether Makes Strategic Investment in Self-Custodial Protocol Fizen Read More »

Cardano Price Stabilizes But Market Bulls Push For More

Cardano Price Stabilizes But Market Bulls Push For More

Key Notes Cardano price has seen a WTD growth of 10%, trading near its 20-day EMA. Whale accumulation continues despite falling volume. A breakout above $0.70 could trigger the next major rally for ADA price. The latest market figures show that Cardano (ADA) is gaining ground following a recent price jump. Many traders believe this

Cardano Price Stabilizes But Market Bulls Push For More Read More »

Binance to Halt Key Functions on BNB Chain on April 17, Here’s Reason

Binance to Halt Key Functions on BNB Chain on April 17, Here’s Reason

Key Notes Due to maintenance, Binance will pause BNB Smart Chain deposits and withdrawals on April 17. The scheduled maintenance starts at 06:00 UTC and is expected to last about one hour. Trading of BNB and other BEP-20 tokens will continue as normal. Leading digital asset exchange Binance has announced that it will perform wallet

Binance to Halt Key Functions on BNB Chain on April 17, Here’s Reason Read More »