Mining
Month: March 2024
Market Analysis
Why Did FTX Send Out A Warning To Its Followers?
The debtors of the estate of the now-defunct crypto exchange FTX have issued a warning on social media. They stress that Galaxy Asset Management exclusively handles the sale of digital assets tied to FTX’s bankruptcy. […]
Market Analysis
Cardano (ADA) Wallet Glitch: Charles Hoskinson Speaks Out
Cardano’s founder, Charles Hoskinson, has addressed ongoing investigations into issues plaguing the network’s new wallet, Nami. In a recent post on X (formerly Twitter), Hoskinson revealed that his team is investigating a glitch in Nami’s […]
Altcoin
Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of […]
Market Analysis
3 Reasons Why Institutions Are Doing Anything to Buy Bitcoin
BTC surged by almost 50% early this year, primarily propelled by the introduction of Bitcoin Exchange-Traded Funds (ETFs). These ETFs have significantly facilitated the accessibility of the leading cryptocurrency for retail and institutional investors. The […]
Bitcoin
Bitcoin Profitability Reaches 97% For The First Time In 2 Years
Bitcoin has had an eventful few weeks in terms of price action. The world’s largest crypto is currently at a 19% increase in the past seven days and a 43% increase in the past 30 […]
Market Analysis
One of the Largest Global Investment Banks Will Buy Bitcoin
Morgan Stanley, a leading global investment bank and wealth management firm, has filed for Bitcoin exposure in several institutionally focused funds to bring the top digital asset to the public. In an SEC filing, Morgan Stanley stated […]
Market Analysis
Lawyer Explains Why the SEC Will Deny Spot Ethereum ETFs
Bitcoin exchange-traded funds (ETFs) have enjoyed significant success, igniting hopes for similar offerings for other cryptocurrencies like Ethereum. However, crypto attorney Jake Chervinsky holds a contrary view. He suggested that pending applications for an Ethereum […]
Ethereum
$906M Worth Of Ethereum Leave Exchanges Last Week
Exchange data has revealed continued bullish sentiment from Ethereum traders. According to IntoTheBlock, $906 million worth of Ethereum was withdrawn from crypto exchanges last week, indicating a holding mentality among investors. This massive exodus of […]