Trump to End Hostility Towards Cryptocurrencies in the United States
TL;DR Trump promises to end hostility towards cryptocurrencies and create a conducive environment for related businesses in the U.S. He expressed concern about the possibility...
Benjamin Cowen’s Analysis: Challenges and Potential of Ethereum
TL;DR Analyst Benjamin Cowen warns that Ethereum faces challenges and could see declines in the coming months. Cowen suggests that Ether’s value could rise only...
ETF Market Dynamics: A Tale of Inflows, Outflows, and Tokenization
TL;DR Inflows and Deceleration: ETFs played a crucial role in the recent cryptocurrency rally, accumulating billions in inflows since January. However, in April, there was...
Coinbase Announces Staggering First-Quarter Revenue of $1.6 Billion
TL;DR Coinbase’s Robust Growth: Coinbase, the leading US cryptocurrency exchange, announced a staggering first-quarter revenue of $1.6 billion, marking a 72% increase from the previous...
Block, Jack Dorsey’s Company, Under Federal Investigation
TL;DR Federal investigations are examining financial transactions in Square and Cash App, Block’s main units. A former employee has provided internal documents addressing deficiencies in...
Ethereum and altcoins could face correction according to Benjamin Cowen’s analysis
TL;DR Analyst predicts a major correction in Ethereum and altcoins. A possible capitulation of the market is expected after a last bullish push. It is...
Hong Kong Approves BTC and ETH ETFs and Prepares for Fee War
TL;DR The Hong Kong Securities and Futures Commission (SFC) has approved three new Bitcoin and Ethereum ETFs, which will start trading on April 30 in...
DAI Reaches a Historic Record of $240 Billion in On-Chain Transaction Volume
TL;DR DAI reached a historic record of $240 billion in on-chain transaction volume last week, surpassing the combined volume of other stablecoins. The surge occurred...
FTX’s $247 Million Token Transfer: Market Implications
TL;DR FTX Treasury Wallet Activity: The FTX Treasury Wallet has transferred assets including 195.87 million FTT tokens (worth approx. $247 million), 2,010 ETH, and 6.36...
Celsius Network’s Significant Ethereum Transfer to Coinbase
TL;DR Celsius Network’s Significant Ethereum Transfer: Celsius Network, a crypto lending platform, transferred $24.5 million worth of Ethereum (ETH) tokens to Coinbase. This transfer, involving...