Market Updates

Bitcoin Experiences Largest Daily Drop Since FTX Collapse

Bitcoin witnessed its most significant single-day loss since the November 2022 downfall of FTX, with an over 8% drop in value, pushing its price...

Grayscale Faces Massive Bitcoin Outflows, Next 4 Months Crucial

The landscape of Bitcoin investments witnessed a significant shift as the United States' spot Bitcoin exchange-traded funds (ETFs) experienced an unprecedented withdrawal. On March...

Kyle Davies Refuses to Apologize After Crypto Hedge Fund Collapse

Kyle Davies, co-founder of the collapsed crypto hedge fund Three Arrows Capital (3AC), has openly stated that he does not regret the firm's bankruptcy....

Solana’s Path to a $1 Trillion Market Cap: A Real Possibility?

In recent weeks, the Solana network has been at the forefront of a significant cryptocurrency market rally, largely propelled by the explosive growth of...

Bitcoin’s Recovery To $65,000 Amid Federal Reserve Anticipation

Bitcoin recently saw a modest rebound to $65,000, a response to investors' cautious optimism as they await the upcoming Federal Reserve decision. This slight...

Polygon Labs’ $4M Gamble on Starbucks Crypto Venture

In a bold move to break into the mainstream consumer culture, Polygon Labs invested $4 million into a partnership with Starbucks to launch Starbucks...

Bitcoin Price Plunge to $8.9K on BitMEX Sparks Investigation

In a startling event late Monday, Bitcoin's price momentarily plummeted to $8,900 on the BitMEX exchange, a significant drop from its stable position above...

Ether’s Precarious Position: Potential $212 Million Liquidation Looms

The cryptocurrency market has experienced a tumultuous 24 hours, liquidating over $624 million in leveraged positions, with a staggering 83% being long positions. The...

Solana Meme Coin Slerf Surges to $1.7 Billion Volume Despite Developer’s Misstep

In an unexpected turn of events, Slerf, a sloth-themed meme coin on the Solana network, has achieved a staggering $1.7 billion trading volume just...

Bitcoin’s Bright Future: Standard Chartered Sees $150,000 by 2024

Standard Chartered recently updated its forecast, now predicting that Bitcoin (BTC) will reach $150,000 by the end of 2024. This optimistic projection comes after...

Indonesia’s Crypto Market Witnesses Explosive Growth

Indonesia's cryptocurrency market has experienced remarkable growth, with transaction volumes reaching $1.92 billion in February alone. The country has seen a significant increase in...

DeFi’s Remarkable Growth Mirrors 2021 Bull Market

The Decentralized Finance (DeFi) sector has witnessed substantial growth, both in terms of total value locked (TVL) and exchange volume, drawing parallels to the...