Bitcoin prices took a significant hit on Friday, dropping nearly 10% and falling below the $42,000 mark. This sudden downturn came as a surprise, especially after the cryptocurrency had reached a two-year high of $49,000 just a day before. The drop in value has been attributed to several factors, including the launch of spot Bitcoin […]
An Ethereum whale recently transferred approximately 15,000 ETH, equivalent to around $37 million, to Coinbase, the leading cryptocurrency exchange. This significant transaction was reported by Whale Alert, a blockchain transactions tracking platform, and has sparked interest among cryptocurrency enthusiasts. The move has also led to a decrease in Ethereum’s market price.The transfer of 14,699 ETH, […]
On January 11, Coinbase, a renowned crypto exchange, announced its collaboration with Yellow Card, the first licensed Stablecoin on/off ramp on the African continent. This partnership aims to broaden the reach of their products to emerging economies across Africa.Through this alliance, Coinbase plans to extend access to its products, beginning with 20 African nations. The […]
Robinhood, a leading trading platform, has introduced spot Bitcoin exchange-traded fund (ETF) trading for its US customers. This development is part of the company’s continuous efforts to offer more investment options and simplify access to financial markets.The Robinhood Crypto app now supports trading for 11 spot Bitcoin ETFs, recently approved by the Securities and Exchange […]
Robinhood, a leading trading platform, has introduced spot Bitcoin exchange-traded fund (ETF) trading for its US customers. This development is a part of Robinhood’s continuous efforts to offer more investment options and simplify access to financial markets.The Robinhood Crypto app now supports trading for 11 spot Bitcoin ETFs, recently approved by the Securities and Exchange […]
In a significant move, Grayscale has transferred $200 million worth of Bitcoin to Coinbase Prime. This action has sparked speculation about potential ETF redemption activity. The transfer comes as Bitcoin ETFs witness an inflow of $720 million.The adjustment of Grayscale’s holdings via the Coinbase transfer has been a notable event in the cryptocurrency market. This […]
Samson Mow, CEO of JAN3, has stirred the cryptocurrency community with his statement on X, equating Ethereum to the collapsed crypto exchange FTX. This claim was linked to a tweet by on-chain investigator “TruthLabs” (@BoringSleuth), which has further intensified the debate.TruthLabs’ tweet reveals a concerning connection between a founding Ethereum developer and the infamous “Blockchain […]
ZetaChain is gearing up for a significant year, introducing its vision for 1.0, which includes a roadmap, token utility, ZetaHub, and the state of the ecosystem. The mission of ZetaChain is to serve as a platform for universal access, simplicity, and utility across any blockchain. It aims to counter the fragmentation and centralization that often […]
Ki Young Ju, the founder and CEO of on-chain analytics platform CryptoQuant, has stated that financial institutions in the United States have a preference for Circle’s USD Coin (USDC) over Tether’s USDT. According to Ju, these firms are not entirely comfortable with USDT and would rather see global crypto users carry out their stablecoin transactions […]
Bitcoin miner Hut 8 has successfully expanded its borrowing capacity with Coinbase, a United States-based cryptocurrency exchange, to $65 million. This comes as a result of an additional $15 million secured from a Coinbase subsidiary, as stated on January 12. This new deal is an amendment and restatement of Hut 8’s previous $50 million credit […]
