cryptocurrencies

Bitcoin‘s (CRYPTO: BTC) recent resurgence could potentially breathe new life into the broader cryptocurrency market, despite a significant number of altcoins failing since 2020. What Happened: A report by Alphaquest and Storible has revealed that 72% of the crypto projects launched since 2020...

In a recent court hearing, a lawyer representing Coinbase Global Inc (NASDAQ:COIN) compared buying cryptocurrencies to collecting Beanie Babies, a popular toy from the 1990s. The lawyer argued that buying crypto tokens doesn’t grant the buyer any rights, unlike traditional securities. The...

Ethereum rival Near Protocol (CRYPTO: NEAR) is currently trading below its true value and is primed to join the ranks of the top 10 largest crypto assets, predicts a prominent crypto strategist. What Happened: The Crypto Dog, a well-known crypto analyst, shared his insights with his 750,500...

Binance, the cryptocurrency exchange platform, along with its ex-CEO, Changpeng "CZ" Zhao, have settled a long-standing case with the Commodity Futures Trading Commission (CFTC) by agreeing to pay $2.85 billion, as approved by a U.S. court. What Happened: Binance will pay the larger share of $2.7...

With yet another eventful weekend behind us, the news was dominated by political stories, business moves, and cryptocurrency market trends. Former President Donald Trump made headlines again, as did entrepreneur Mark Cuban. The cryptocurrency market experienced a mixed performance while polling...

The ORDI token (CRYPTO: ORDI), powered by Bitcoin Ordinals, has achieved a significant milestone by reaching a market cap of $1 billion. This feat comes on the heels of a remarkable 850% monthly increase in its value. On Tuesday, Cointelegraph reported that ORDI has become the first BRC-20 token to...

In a recent development in the crypto world, traders seem to be shifting their focus from Bitcoin (CRYPTO: BTC) to Ethereum (CRYPTO: ETH), Ethereum’s native token. The move, indicated by key derivatives market metrics, suggests that Ether might outperform shortly. What Happened: A ...

The leading cryptocurrency, Bitcoin (CRYPTO: BTC), has surpassed the $41,000 mark for the first time since April 2022. The surge has led analysts to forecast a potential 10% return on market-neutral bets. What Happened: The basis trade, a type of market-neutral strategy, offers an annualized return...

Ric Edelman, founder of Edelman Financial Services, has shed light on the eagerness amongst financial advisors to launch spot bitcoin exchange-traded funds (ETFs) to their clients, contingent upon approval by the U.S. Securities and Exchange Commission (SEC). What Happened...

An unidentified Bitcoin (CRYPTO: BTC) wallet holder has reportedly acquired 11,268 BTC, worth approximately $424 million, since November 10. The wallet now ranks as the 74th largest BTC holder, according to data from Bitinfocharts. As reported by CoinDesk, these BTC purchases were made at prices...

The CSOP Saudi Arabia ETF, the first of its kind in Asia, has made a successful debut in the Hong Kong market. This marks a significant strengthening of financial ties between Hong Kong and the Middle East. What Happened: As reported by the South China Morning Post, the ETF, managed by CSOP Asset...

As the final month of the year approaches, crypto-enthusiasts are buzzing with anticipation of a potential ‘Bitcoin Santa Claus rally’, reminiscent of the price boosts witnessed in 2013 and 2017. What Happened: The term “Bitcoin Santa rally” is fast becoming a hot topic...

In a recent development, U.S. presidential candidate Vivek Ramaswamy indicated that the government views Bitcoin (CRYPTO: BTC) as a threat. He has committed to discussing the digital asset in the impending Republican debate. What Happened: According to a report by The Daily Hodl,...

In the latest cryptocurrency world, an influential analyst known as Capo has raised concerns over Bitcoin’s (CRYPTO: BTC) future stability, suggesting that its value might plummet to $12,000. What Happened: According to a report on The Daily Hodl, Capo has conveyed his bearish views to his...

The meme stock wave that made headlines in 2021 is back in focus as the latest market rally pulls speculative bets back into the spotlight. Investors are showing renewed interest in these stocks as the end of the year approaches. DataTrek Research’s cofounders, Nicholas Colas and Jessica Rabe...