Bitcoin Spot ETF Volume Rises to $12 Billion As BTC Price Falls.
Selling pressure drives BTC down by 10% in the past week, sliding from $42,864 to $38,550. Concerns rise as $640 million exits GBTC, putting pressure on BTC prices. The Bitcoin…
Cardano (ADA) Witnesses a Sharp Decline in Whale Activity, Raising Questions
Cardano experiences a significant decline in on-chain activity related to large transactions, raising concerns about network dynamics. On-chain metrics indicate a sharp decrease in large transactions, often associated with whales,…
JPMorgan Downgrades Coinbase Amid Bitcoin’s Lackluster Performance.
The bank downgraded the exchange from neutral to underweight. JPMorgan predicts that interest in Bitcoin ETFs will continue to wane. In a research report released on Monday, JPMorgan downgraded U.S.…
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…
xAI Investment Figures Denied by Elon Musk.
A Bloomberg report on xAI’s financial backers has been disparaged by the founder.Grok, an AI chatbot with access to tweets from all over X and programmed to be as snarky…
Bitcoin Slides Under $40,000 Triggering $230 Million In Liquidations.
Bitcoin has returned to its lowest price since early December as Grayscale’s Bitcoin sell pressure continues.Bitcoin (BTC) fell under $40,000 on Monday for the first time since early December as…
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…
Tokenized Securities Issuer Ondo Finance Expands into APAC.
Ondo finance has established its territory with the opening of its first office in the region.Ashwin Khosa would be leading this strategic initiative. One of the most prominent United States-based…
Bitcoin Investor Demand Weakens in the US Post-ETF Approval: CryptoQuant.
Short-term investors and large BTC holders have turned into a “risk-off” attitude and are on a selling spree, according to CryptoQuant.Roughly a week after the United States Securities and Exchange…
Binance Labs Thrives Amidst Market Challenges with 25 New Investments in 2023.
DeFi, Web3 gaming, and infrastructure take center stage in Binance Labs’ investment strategy.Despite a challenging market and waning trust in centralized crypto entities, Binance Labs disclosed 25 new investments in…