In the wake of FTX’s fall, the crypto world is looking for more reliable indicators to assess exchange health. Glassnode has introduced three metrics to gauge risk, one of which has revealed an intriguing trend. While Binance and Coinbase show minor fund movements, Huobi’s data shows an increase in transfers to other exchanges. This could […]
Crypto analyst Michaël van de Poppe believes that the digital assets market is following a historical pattern before Bitcoin (BTC) halving events. He suggests that investor sentiment and altcoins are currently reaching cycle lows 10 months before the next BTC halving event, which is expected on April 20, 2024. Van de Poppe believes that just […]
Ethereum price surged to a high of $1,738 on Tuesday, the highest level since August 17th, as investors remained optimistic about cryptocurrencies. The main catalyst for the surge was a US court decision to side with Grayscale in a lawsuit against the SEC. The court said that the SEC should review and approve the ETF. […]
The recent win of Grayscale Investments against the US Securities and Exchange Commission (SEC) has caused a surge in the price of Shiba Inu (SHIB) and other altcoins. The trading volume for SHIB has increased by 50% in the past 24 hours to over $182 million.The Ethereum layer-2 platform Shibarium, which is backed by the […]
Ethereum price surged on Tuesday as investors remained optimistic about cryptocurrencies. ETH coin jumped to a high of $1,738, the highest level since August 17th. The main catalyst for the surge was the decision by a US court to side with Grayscale in a lawsuit against the SEC. Investors hope that the SEC will move […]
Grayscale’s Bitcoin Trust GBTC has achieved a major victory in the DC Court, as the court ruled that the SEC does not have the authority to reject the transformation of GBTC into a Bitcoin ETF. This ruling has caused a 6% surge in Bitcoin prices. Various applications have been submitted to the SEC challenging their […]
The cryptocurrency market has seen a surge in prices after Grayscale’s victory against the US Securities and Exchange Commission (SEC). Bitcoin rallied to $28k before settling near $27.4k, while altcoins followed suit. On-chain analyst Ali Martinez revealed that nearly 30,000 BTC were sent to crypto exchanges ahead of Grayscale’s triumph over the SEC, boosting the […]
Helix, the premier decentralized orderbook exchange built on Injective, has announced the launch of Helix Institutional, a permissioned, KYC-enabled environment for trading DeFi derivatives products. This initiative aims to bring decentralized trading to prominent institutions, allowing them to access the benefits of a DEX while adhering to regulatory frameworks. The most popular markets on Helix […]
Shiba Inu’s Shibarium bridge has been successfully tested in the public, with a software engineer sharing the successful operation on X. The engineer, @CryptoLeadDev, sought to find out if the bridge works by transferring a bit of ETH to Shibarium. After the initial launch of Shibarium a couple of weeks ago, billions worth of ETH […]
Rahul Sethuram, co-founder of cross-chain messaging protocol Connext and former Tesla/NASA engineer, has announced the launch of $ZOOMER (ZoomerCoin), a pioneering cryptocurrency that aims to revolutionize the crypto landscape by offering seamless bridging to Layer 2 solutions.$ZOOMER is the first cryptocurrency to adopt Connext’s groundbreaking xERC20 standard, which addresses the high Ethereum gas fees, offering […]
