Will Markets Sink on $2.4B Crypto Options Expiry Event?
Crypto options expiry day is here again and there is a sizeable batch of Bitcoin and Ethereum contracts expiring today. There are around 23,000 bitcoin options about to expire on…
Standard Chartered Caution Investors That Bitcoin Price Could Fall to $50K
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific…
JPMorgan Cautious on Crypto Market Amid Retail Investor Pullback.
Analysts from JPMorgan mentioned the cautious stance in a report. The cryptocurrency market has seen heavy selling or profit-taking over the last two weeks.For a number of reasons, such as…
The Legend of Satoshi Nakamoto.
April 11, 2024: Back on January 9, 2009, an unknown person, or persons or an entity named Satoshi Nakamoto released 0.1 version of Bitcoin software on SourceForge and launched the…
European Banking Giant BNP Paribas Invests in Blackrock Bitcoin ETF.
oBNP Paribas invested $41,684 in the BlackRock Bitcoin ETF by buying 1,030 units.The European bank holds an enormous $600 billion in assets under management (AUM). Recent reports indicate substantial withdrawals…
US Authorities Investigate Jack Dorsey Led Block Over Compliance Breaches.
A former Block employee allegedly gave documents to prosecutorsThe records revealed many small-dollar dealings with organizations of sanctioned nations. Reports indicate that US federal authorities are looking into Block, Inc.,…
Hackers Stole $1.6 Million in Digital Assets From Defi Protocol Pike Finance
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the…
BlackRock Bitcoin ETF Records First $37 Million Outflow on May 1.
A major asset management company, BlackRock’s iShares Bitcoin Trust (IBIT) experienced its first-ever outflow day, with $36.9 million flowing out, marking a record for US Bitcoin exchange-traded funds (ETFs) on…
Bitcoin Price Slump Not Caused by Leverage Flushout.
Bitcoin prices have fallen to their lowest levels since late February as the crypto market correction deepens, but analysts are not blaming leveraged derivatives this time around. Bitcoin prices slumped…
United States Department Of Justice Arrests ‘Bitcoin Jesus’ Roger Ver for $50 Million Tax Evasion.
Ver was arrested in Spain during the weekend.The United States Department of Justice (DOJ) has charged and arrested Roger Ver, an early BTC investor known as Bitcoin Jesus, for evading…