OKX To Compensate Users Affected by OKB Token Flash Collapse.
In less than fifteen minutes on January 23rd, OKB’s value fell from $46.80 to $25.10. A detailed compensation scheme would be unveiled in the next three days. Users affected by…
These Bitcoin L2 Solutions Could Drive Institutional Adoption.
Partly inspired by Ethereum’s layered architecture, the Big Four aims to fix Bitcoin’s limitations by introducing cecrtain functionalities.Institutional adoption of the Bitcoin network has been hindered by several challenges, including…
Bitfinex Whales’ Strategic Decisions Echo in Tether Reserves and Bitcoin Prices
Whales on Bitfinex are strategically driving a surge in USDT reserves through calculated decisions. Tether (USDT) reserve on Bitfinex has seen a significant increase owing to whales on the platform.…
BitMEX Co-Founder Forecasts Bitcoin Price Dip Below $40K.
Hayes predicted that the Bitcoin price would stay low until January 31. As investors wait for key macro developments, he predicts liquidity issues in the markets.The co-founder of BitMEX, Arthur…
Study Reveals Crypto Users Globally Crossed 500 Million in 2023
From 432M in 2022 to 580M in 2023, the number of crypto users worldwide jumped 34%.The research shows that 42% of cryptocurrency users do not own any Bitcoin or Ethereum.A…
Bitcoin Falls Below $41k Level as Bears Continue Domination.
At the time of writing, Bitcoin is trading at $40,812, down 2.13% in the last 24 hours.If the price manages to go below $40,340 level then it will likely test…
Stablecoin Transfer Volume on Solana Skyrockets to Over $300B.
The stablecoin transfer volume on Solana surpassed $300 billion in January.Solana stablecoin activity has surged 650% since it started going up in October 2023.With a new record set in January,…
Why Is Bitcoin (BTC) Price Down 15% Since the ETF Approvals? ChatGPT Rival Weighs in.
Among the reason listed by Perplexity is the potential profit-taking by some investors. Perhaps the most important development in terms of global validation for BTC in its 15-year-long history came…
Here’s How Much Binance’s Market Share Declined Amid CZ’s Departure.
The end of the Zero-Fee Bitcoin trading promo, the SEC lawsuit, and CEO CZ’s resignation have had an impact on Binance’s market share.The latest TokenInsight report reveals that 2023 witnessed…
SEC Acknowledges Applications for Options Trading on Spot Bitcoin ETFs.
Nasdaq and the Cboe had proposed options trading on Bitcoin ETFs to the SEC.If the SEC chooses for a rushed review, options trading may be greenlit by February end.The United…