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Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC
2.3.2024
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However,...
DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report
1.3.2024
A report sent to Cryptonews by web3 app and antivirus solution De.Fi noted that $82,287,101 was lost in February 2024 from security incidents, with just $1,325,932 recovered.
The post DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report appeared first...
Blast, Hyped Layer-2 Chain, Sees Most Deposits Bridge to Yield Manager
1.3.2024
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million
Blast, Hyped Layer-2 Chain, Sees Most Deposits Leave Within 1 Day of Going Live
1.3.2024
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million
Dogecoin Price Prediction as DOGE Sees $5 Billion Flood In – $10 DOGE Possible in 2024?
1.3.2024
Crypto’s most popular meme coin, DOGE, appears to be pulling back harder than every other top twenty cryptocurrency by market capitalization, even after its overnight trading volume hit $5 billion. According to data by CoinGecko, DOGE is now down 4.6% in the last 24 hours to trade at $0.1213....
Hong Kong’s Crypto License Scheme Sees 24 Applicants, Far Fewer Than Singapore’s 70
1.3.2024
The number of applicants for Hong Kong's VATP license has reached 24, compared to 70 applicants seen in a similar scheme in Singapore.
The post Hong Kong’s Crypto License Scheme Sees 24 Applicants, Far Fewer Than Singapore’s 70 appeared first on Cryptonews
GBTC Sees $600M Outflow Day After Bitcoin ETFs Set Record Net Inflows of $673M
1.3.2024
Grayscale’s spot Bitcoin exchange-traded fund (ETF) (GBTC) has seen a slow trading day experiencing net outflows of almost $600 million on Thursday, making this the second largest outflow day since 11th Jan 2024.
The post GBTC Sees $600M Outflow Day After Bitcoin ETFs Set Record Net Inflows...
Meme Coin Rally Sees PEPE Price Jump 180% in 7 Days as Another Coin Prepares for Massive Airdrop
29.2.2024
Top meme coin performer of 2023, Pepe, has seen a huge 180% rally this week, spurring even further interest in meme coins across the board. This article will provide an analysis of PEPE’s current price trends and look to see whether a newer meme coin, SMOG, represents a more promising investment...
Bitwise Analyst Sees 50% Chance of Spot Ether ETF Approval by May, Forecasts Bitcoin at $88K This Year
27.2.2024
Bitwise crypto research analyst Ryan Rasmussen estimates a 50% chance of approval for a Spot Ether ETF by May. He noted that the prospect of these ETFs is indeed attracting attention from institutional investors.
The post Bitwise Analyst Sees 50% Chance of Spot Ether ETF Approval by May, Forecasts...
Blast Ecosystem Sees First Apparent Scam as 'RiskOnBlast' Rug Pulls $1.3M Ether
26.2.2024
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors
Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery
23.2.2024
Balance, a digital asset custodian based in Canada, has revealed that it has once again achieved $2 billion in assets under custody (AUC) amid the recent recovery in crypto markets.
The post Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery appeared first...
South Korea’s KODA Sees 248% Growth in Crypto Assets Under Custody in Second Half of 2023
22.2.2024
Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has seen a remarkable growth in crypto assets under its custody.
The post South Korea’s KODA Sees 248% Growth in Crypto Assets Under Custody in Second Half of 2023 appeared first on Cryptonews
Crypto Market Recovery Triggers Increased VC Funding, Renewed Confidence
21.2.2024
As we enter a crypto bull market it seems things are getting much better with the venture capital investors eyeing up new projects with funding.
The post Crypto Market Recovery Triggers Increased VC Funding, Renewed Confidence appeared first on Cryptonews
Bill Ackman Labels Short-Term Crypto Trading As Speculative, Sees Long-Term Worth
21.2.2024
Billionaire hedge fund manager Bill Ackman talked about his investment philosophy in a recent interview and briefly touched on cryptocurrencies.
The post Bill Ackman Labels Short-Term Crypto Trading As Speculative, Sees Long-Term Worth appeared first on Cryptonews
Investor Trust in Exchange Tokens Sees Resurgence, Overcoming FTX Scandal Shadows
20.2.2024
Crypto exchange tokens have shown resilience, rebounding from the lows caused by the FTX bankruptcy and reaching new highs amid the ongoing bullish market.
The post Investor Trust in Exchange Tokens Sees Resurgence, Overcoming FTX Scandal Shadows appeared first on Cryptonews
Helldivers 2 Sees Over 400,000 Concurrent Players On Steam Alone
19.2.2024
Third-person shooter sensation Helldivers 2 reached an extraordinary 409,337 concurrent players over the weekend. That makes it the fifth most popular game on Steam, a fact made all the more impressive when you factor in that three of those five games are free, compared to Helldivers 2's...
Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days
19.2.2024
Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL)
Bonk Price Prediction as BONK Sees $50,000,000 Trading Volume Flood In – Are Whales Buying?
18.2.2024
Amidst a surge of activity, Bonk price has become a focal point for traders, as its price hovers at $0.000013 and trading volumes soar. The recent influx of $72,954,797 signals a robust market interest, potentially leading to a bullish Bonk price prediction. With a market cap of $828.4 million...
Ledn Co-Founder Anticipates Future ETFs to Include Bitcoin-Ether Mix
16.2.2024
The traditional structure of Spot Bitcoin ETFs may be reaching its peak. Mauricio Di Bartolomeo, co-founder and Chief Strategy Officer at Ledn, anticipates a shift beyond vanilla ETFs. He expects these to incorporate a wider range of crypto assets within single investment vehicles in the coming...
Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval + More Crypto News
15.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval Tokenization is Future of Finance, Despite Slump...