Bybit, one of the leading cryptocurrency exchanges, has made a significant change by removing China from the list of countries whose citizens are restricted from using its services. This move, confirmed on June 5 through the exchange’s website, has raised eyebrows due to China’s strict regulatory stance towards the crypto industry. It is important to
The recent performance of crypto assets such as Bitcoin, Ethereum, and Solana has continued to outshine traditional investments like Gold. According to a report shared by Raoul Pal, Co-Founder of Exponential Age Asset Management (EXPAAM), these digital assets have boasted annualized returns of 141%, 152%, and 224% respectively, far surpassing the returns of traditional assets
The launch of spot Ethereum ETFs is expected to bring a moderate level of excitement among traders and investors. Despite a relatively calm week, the arrival of these funds is anticipated to follow a similar explosive trajectory as seen with the introduction of Bitcoin ETFs, according to research conducted by K33. Projections from the research
The latest trends in the cryptocurrency market have revealed an interesting pattern of behavior among whales, particularly concerning meme coins like Shiba Inu (SHIB). One particular whale recently made waves by massively accumulating SHIB tokens, spending a staggering 4,849 ETH, equivalent to approximately $18.44 million, to acquire an astounding 715.9 billion SHIB in just six
Binance Coin, the native token of the world’s largest cryptocurrency exchange, has recently seen a surge in its value, surpassing $700 and setting a new all-time high. Despite this remarkable performance, the journey to this point has been tumultuous for Binance and its associated controversies. The ongoing legal battles in multiple jurisdictions, including a high-profile
Bitcoin, the enigmatic digital currency, is once again at the center of attention as the US banking system faces increasing pressure. While some enthusiasts are foreseeing a dramatic surge in Bitcoin’s value to $1 million per coin, driven by economic uncertainties, there are others who remain cautious. Advocates of Bitcoin argue that its finite supply
The market is currently underestimating the significance of Washington’s evolving attitude toward cryptocurrencies. According to Bitwise CIO Matt Hougan, there has been a significant shift in the US political landscape regarding crypto in recent weeks. While historically a partisan issue, with Republicans generally supporting and Democrats showing resistance, we are now seeing a more positive
Sotheby’s upcoming auction on June 18 will showcase a selection of Bored Ape Yacht Club-centric Ethereum NFTs from Yuga Labs. This auction is aimed at testing the interest of the fine art community in Ape-themed digital assets and assessing their long-term value. One of the most anticipated pieces in the auction is Ape #8552, a
In the ever-evolving world of cryptocurrency, one coin that has been garnering a lot of attention is the frog-themed Brett (BRETT) coin. This particular meme coin, which was introduced just three months ago, has seen a meteoric rise in value over the past few weeks. The coin’s value surged to an all-time high of over
Watford Football Club, a professional English football team, has announced its plan to sell 10% of its equity to investors, including its own fans. This move marks a unique opportunity for football enthusiasts to own a stake in their favorite club and be part of its future growth and success. According to a press release,