New York Judge Approves $12.7B FTX-Alameda Settlement.
On August 7, 2024, U.S. District Judge Peter Castel made a historic ruling by approving a $12.7 billion settlement for creditors of the collapsed crypto exchange FTX and its affiliate,…
Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?
With BTC having hit its lowest price since mid-February and still facing the risk of further decline, Bitfinex analysts think altcoins may be hit the most. The ongoing turmoil in…
Crypto Market Cycle Indicator Shows Bear Signs But Here’s Why You Shouldn’t Worry.
A bull/bear market cycle has just flashed a ‘bear’ signal following changes in on-chain metrics, but there’s no need to panic just yet.In a post on X on Aug. 6,…
Binance Records $2B Inflows in 24 Hours Amid Market Selloff.
Binance, the largest cryptocurrency exchange globally, saw a noteworthy net inflow of $2.208bn in the last 24 hours, based on DeFiLlama’s CEX Transparency measurements. Despite recent volatility, customers’ faith in…
Crypto Crash: Is Now A Good Time To Buy Bitcoin Stocks?
The crypto market crash also brought some related stocks with it. But are they worth watching now? Global asset markets went risk-off in a brisk tumble the first week in…
Crypto Investors Nearing Extreme Fear as Bitcoin Fell to $50K
The last time investors were this fearful of the market conditions was during the German government’s Bitcoin selling spree.The weekend has been characterized by a rollercoaster of emotions for the…
DeFi Protocol Aave Generates Millions in Revenue Amid Crypto Market Downturn.
Aave’s $6M revenue surge was driven by decentralized liquidations, including a $7.4M WETH position generating $802K. Aave, a decentralized finance (DeFi) protocol, has demonstrated resilience in the face of a…
AFP Uncovers 2,000 Compromised Australian Crypto Wallets.
Australian police in collaboration with Chainalysis uncover a major crypto scam targeting Australian citizens. The Australian Federal Police (AFP) has uncovered that over 2,000 cryptocurrency wallets owned by locals were…
Institutional Investors Buy The ETH Dip as Spot ETF Flows Turn Positive
Institutional investors appear to be buying the dip as spot Ethereum exchange-traded funds flip back to positive inflows, but the same can’t be said for Bitcoin funds. U.S. spot Ethereum…
Bitcoin Plunges Below $50K: Unraveling the Crypto Catastrophe.
The cryptocurrency market experienced a seismic shock as Bitcoin plummeted below the crucial $50,000 mark. This dramatic decline, part of a broader market meltdown, sent shockwaves through the industry. As…