The Spot Bitcoin ETFs have been facing a decline in demand, leading to significant outflows on April 26. The poor performance of these ETFs has had a ripple effect on the broader crypto market, with Bitcoin’s price taking a hit due to unfavorable market conditions. Farside Investors reported a total of $217 million in net
Recently, there has been a noticeable increase in Ethereum withdrawals from centralized exchanges, indicating a shift in investor sentiment towards the cryptocurrency. The substantial volume of ETH being withdrawn from these exchanges suggests that investors are taking proactive measures to secure their positions and potentially capitalize on better price prospects. This trend has caught the
The recent introduction of SPACEX token by a dedicated Elon Musk enthusiast and developer has taken the crypto market by storm. With previous successful launches of the ELON and TESSLA tokens, SPACEX is the newest addition to the multi-chain ecosystem. Trading at a market price of $138, SPACEX has witnessed a staggering 24-hour change of
The TON Foundation, a non-profit organization dedicated to the promotion and development of the Ton blockchain, has recently made an exciting announcement regarding an airdrop opportunity for active NFT traders and holders. This airdrop will see the distribution of 105,600 TON tokens, valued at approximately $600K, to eligible participants on popular Ton NFT marketplaces. Let’s
Jabara Igbara, or “Jay Mazini” as he was known on Instagram, once flaunted his status as a crypto millionaire to his nearly one million followers. However, his lavish lifestyle and seemingly generous acts of distributing cash to strangers in grocery stores and airports were all part of a facade. In November 2022, Igbara’s charade came
The data from the analytics platform IntoTheBlock shed light on a concerning trend within the Cardano (ADA) network, revealing a significant dip in profitability for its holders. While established cryptocurrencies like Bitcoin and TRX boast a high percentage of holders in profit, Cardano stands out with only 35% of its holders currently seeing gains. This
The recent surge in meme coins has brought attention back to ERC-20 tokens, with ELON being at the forefront of this trend. The coin, inspired by Elon Musk, experienced a jaw-dropping 229x increase in price overnight, sparking excitement among investors. Despite its skyrocketing price, it is essential to note that there is no official connection
The recent 5% price drop in Ethereum (ETH) has sparked speculation about the impending rejection of highly anticipated Ethereum ETFs by the US Securities and Exchange Commission (SEC). According to reports, various firms, including VanEck and ARK Investment Management, have submitted filings for ETFs tied to the spot price of Ethereum. However, expectations of rejection
In the tumultuous world of cryptocurrency, bitcoin (BTC) has experienced significant price fluctuations in recent years. From the bear market of 2022 to the volatile periods of 2023 and 2024, the value of BTC has not been stable. These fluctuations have presented both challenges and opportunities for investors looking to maximize their returns. According to
The European Parliament’s recent approval of new Anti-Money Laundering Regulations (AMLR) has significant implications for Crypto Asset Service Providers (CASP) in Europe. These regulations require CASPs to implement stringent Know Your Customer (KYC) procedures to combat money laundering effectively. The new laws also include enhanced due diligence measures and checks on customers’ identity, in addition