Market Updates

Binance.US Faces Major Cuts Following SEC Legal Challenges

Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, has been forced to cut two-thirds of its workforce as it grapples with a...

Grayscale Unveils Crypto Staking Fund Amidst Bitcoin Rally

Grayscale, the prominent investment firm known for managing the largest spot Bitcoin ETF, has launched a groundbreaking fund dedicated to cryptocurrency staking. The Grayscale...

From Gold to Bitcoin, Breaking Barriers: Bitcoin Over $69,000

Bitcoin's price has soared to an unprecedented high, breaking past the $69,200 mark and setting a new record. This achievement marks a significant 21%...

Crypto Liquidations Surpass $550 Million Amid Bitcoin’s Price Volatility

The cryptocurrency market has experienced a significant wave of liquidations, surpassing $550 million in just 24 hours, as Bitcoin's volatile journey towards historic highs...

Bitcoin’s Rally Puts Majority of Addresses in Profit

The recent surge in Bitcoin's price has led to an impressive milestone where more than 97% of Bitcoin addresses are now seeing unrealized gains,...

Bitcoin Shorts Worth $69 Million Liquidated Amid Surge

In a stunning display of market momentum, Bitcoin has seen a significant rally, leading to the liquidation of $69 million in BTC shorts in...

Mr. 100: The Enigmatic Whale Daily Buying 100 BTC to Amass $3B

The cryptocurrency community is abuzz with curiosity over a mysterious Bitcoin address that has accumulated a staggering 54,164 BTC, translating to approximately $3.2 billion....

Bitcoin Transaction Fees Surge by Over 129% in Four Days

Bitcoin's network fees have seen a significant increase after a period of lower onchain fees, with the cost of sending bitcoin soaring to an...

Crypto Council Advocates for Algorithmic Stablecoins in Hong Kong

The Crypto Council for Innovation (CCI) has voiced its recommendations regarding the proposed stablecoin regulations by the Hong Kong Monetary Authority (HKMA) and the...

Hungary Moves to Let Banks Offer Bitcoin Services

Hungary is on the brink of significant financial innovation, as its government has put forward draft legislation that aims to permit banks, investment funds,...

Darknet Markets See Surge in Crypto Revenue to $1.7 Billion

The darknet, a hidden part of the internet infamous for illicit activities, has witnessed a remarkable surge in cryptocurrency revenue, reaching $1.7 billion in...

Record Highs in Crypto Derivatives Trading Volume

This week, the crypto derivatives market witnessed unprecedented activity, with exchanges like Deribit and Coinbase Institutional reporting all-time highs in trading volumes. The surge...