Bitcoin Bullish Aim $40k. Is It Possible?
Bitcoin Open interest touches new heights reaching $7 billion. Bloomberg predicts a 90% ETF approval chance by Jan. 10.Bitcoin’s recent meteoric rise to $37,967, a level not witnessed in nearly…
Shiba Inu Burn Rate Surges Over 660% as Prices Rebound.
Shiba Inu (SHIB) experienced a 665% surge in deflationary burn rate.The majority of coins burned came from a single wallet.A total of 410,662,274,269,053 SHIB have been burned to date, but…
Celsius Gains Bankruptcy Court Approval for its Restructuring Plan.
Celsius Network will move forward with its restructuring plan more than one year after filing for Chapter 11 bankruptcy. The New York bankruptcy court has approved Celsius Network’s restructuring plan,…
Bitcoin Whale Inflows to Exchanges Declined Ahead of BTC’s Price Surge to $37K.
Retail players are pouring bitcoin into exchanges, but whales not so much.The spot ETF optimism drove Bitcoin near $37,000, but there could have been more signs behind that rally. Gauging…
Ethereum Is Surging but Will ETH Cross $2000?
Ethereum has surged 19% in the past 30 days.9,353 ETH worth $37 million have been transferred to Coinbase. Ethereum, the second-largest cryptocurrency, just hours ago reached a four-month high of…
Memecoin Whales Score Millions While MEME Trends
LBank tweeted about Memecoin (MEME) gaining attention in the crypto space.Airdropped MEME transfers to just two holders exceeded $5 million in total value.Memecoin is backed by Memeland’s hyper-web3 project and…
European Banking Authority Proposes Liquidity Rules for Stablecoin Issuers.
For stablecoin issuers, the EBA’s liquidity criteria will serve as a liquidity stress test. The regulations are expected to go into effect at the beginning of 2024 if they are…
USDC Issuer Circle Considering Going Public via IPO in 2024
The company is currently talking to advisors and preparing to go public, say the sources with familiar matter. Circle, the firm behind USDC stablecoin, is considering going public with a…
Dubai Issues a Deadline for Crypto Projects
Dubai’s VARA has set a November 17 deadline for crypto firms to obtain licensing. VARA emphasizes that failure to meet this deadline will result in enforcement measures being triggered.Dubai’s Virtual…
Bitcoin Above 35000 Indicates Bull Run. Time to Buy?
Bitcoin recent rally is notable, with an 18-month high. Over 78% of BTC holders make a profit on their purchases. 2023 has proven to be a year of fluctuation in…