Recently, the Securities and Futures Commission (SFC) website announced the closure of the Binance-linked HKVAEX exchange. Despite its initial application for an operational license in Hong Kong, the exchange chose to withdraw its application on March 28. This decision came just three months after submitting the application, raising questions about the future of the platform.
Ethereum has been maintaining its position above the $3,500 level, with investors eagerly anticipating a return to $4,000. The surge in open interest, reaching new highs, is seen as a bullish sentiment indicator but also carries a warning of a potential shift in market direction. Open interest serves as a tool to track the total
Recently, Prisma Finance fell victim to a malicious attack where $11.6 million was stolen from the decentralized finance (DeFi) protocol. The hacker behind this act claimed that it was a “whitehat rescue” and expressed a desire to return the funds. This term refers to ethical hackers who identify and remedy security flaws in software code.
Parallel, the groundbreaking sci-fi NFT card game, has recently secured an impressive $35 million in funding from a diverse group of investors. The game, which utilizes the Ethereum blockchain and Base layer-2 chain, made the exciting announcement in a recent post on March 28. Notable entities such as Distributed Global, The Operating Group, VanEck, Solana
Bitcoin (BTC) is showing signs of a potential surge as it recently surpassed the $70,000 mark. Analyst Ali Martinez has identified a bull flag pattern on Bitcoin’s 4-hour chart, indicating a consolidation phase after a significant price increase. The decreasing trading volume during this period suggests a temporary pause rather than a reversal, potentially leading
Coin Bureau’s host, Guy Turner, recently shared his bullish outlook on SOL with his two million YouTube followers. Turner predicts a potential breakout of 35% to 45% above the $300 mark for SOL, citing promising weekly and monthly charts from the beginning of 2024. He describes SOL as “incredibly bullish” on both timeframes, despite facing
Matt Hougan, the Chief Investment Officer of Bitwise, has made some interesting observations regarding the adoption of Bitcoin exchange-traded funds (ETFs). According to him, the influx of investments into Bitcoin ETFs is expected to continue in the coming years as more investors and institutions embrace these products. Variation in Adoption Pace During a recent 20-day
The recent surge in meme coin markets on Solana has been quite remarkable, with CHRIST experiencing an incredible increase of over 770,000% in just 24 hours. This sudden rise in the token’s value has attracted a lot of attention, leaving investors wondering whether this new phenomenon represents a promising investment opportunity. CHRIST’s major breakout on
The recent collaboration between the US and UK governments to investigate crypto transactions amounting to over $20 billion has shed light on potential violations of Russian sanctions. The focus of this joint effort is aimed at uncovering illicit financial activities that may be funding military operations in Ukraine. This development underscores the increasing scrutiny on
Bitcoin bulls have recently regained control of the market after a period of bearish sentiment, as evidenced by the significant inflows into Spot Bitcoin ETFs. Farside Investors reported that on March 27, Spot Bitcoin ETFs received a total of $243 million in inflows. This surge was primarily driven by BlackRock’s iShares Bitcoin Trust (IBIT) and