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Bitcoin Skyrockets by Over $7K Following Fed’s Latest Meeting, Leaving $320M Liquidated

Bitcoin’s price was heading south for several consecutive days, culminating in a price dump below $61,000 yesterday amid fears of what the US central bank will announce in regards to its monetary policy. However, the asset went on a roll yesterday after the Federal Reserve outlined no significant changes. The rest of the market followed […]

Major Binance Announcement Related to This Popular Shiba Inu (SHIB) Rival

TL;DR Binance adds 17 altcoins as new loanable assets, offering users greater flexibility and the potential for Real-Time APR rewards through its Binance Loans (Flexible Rate) product. The exchange will also delist certain cryptocurrencies, reflecting its ongoing commitment to high standards and operational adjustments in response to network demands. The world’s largest cryptocurrency exchange continues […]

What Drives Bitcoin’s Price Down, How Low Can it Go as BTC Heads Toward $60K?

Bitcoin’s price has been on a downright spiral for the past several days, losing way more than ten grand after charting a new all-time high last week at nearly $74,000. Although many experts warned that such a correction could arrive and forecasted a ‘healthy’ 20% retracement before another leg up, the community wonders how low […]

Fidelity Wants to Stake a Portion of Its Proposed Spot Ethereum ETF

Asset management firm Fidelity wants traders of its proposed spot Ethereum exchange-traded fund (ETF) to be able to stake their assets upon the product’s approval. The financial giant included the request in an amendment of its November 17 application to launch a spot Ethereum ETF in the United States. Fidelity Includes Staking in ETF Proposal […]

Nigerian Court Orders Binance to Release Comprehensive Data of All Local Users: Report

A Federal High Court in Nigeria has ordered the world’s largest cryptocurrency exchange, Binance, to release comprehensive data of all local users trading on its platform to the Economic and Financial Crimes Commission (EFCC) as the clampdown on the firm for its alleged role in the devaluation of the naira continues. According to a report […]

This Solana Meme Coin Jumps 70% Daily: Could it Become the Next Sensation?

TL;DR The cryptocurrency market is correcting, with numerous assets in decline, but this new sloth-themed meme coin defies the trend by surging 70%. Despite its success, it faced a setback when the developer accidentally burnt $10 million in funds. The cryptocurrency sector has been on the decline today (March 19) after thriving significantly in the […]

Bitcoin Ordinals NFT Craze: NodeMonkes Sees 53% Surge in Floor Price

NodeMonkes, Bitcoin’s premier NFT collection, has surged by over 50% in the past 24 hours, surpassing Bored Ape Yacht Club (BAYC) in market capitalization. According to data from CoinGecko, NodeMonkes witnessed a 53.3% surge in its floor price, making it the second-largest NFT collection in terms of market cap. NodeMonkes and Runestone’s Floor Price Surge […]

Over $400M in Liquidations as BTC Slumps to 13-Day Lows, SHIB and DOGE Plummet by 13%

Bitcoin’s price has been on the decline for the past several days and the landscape worsened earlier this morning when the asset fell to a 13-day low of under $64,500. The altcoins are in even worse shape, and the total liquidations have skyrocketed to more than $400 million on a daily scale. BTCUSD. Source: TradingView […]

Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which […]