Onchain protocols, yield and liquidity infrastructure.
Key Insights: The decentralized finance (DeFi) sector has witnessed a significant resurgence in the first half of 2024, driven by a marked increase in onchain derivatives trading. After a relatively slow 2023, the DeFi market is back on track, with the total value locked (TVL) in
Binance And Indian Authorities in Legal Tussle Over $86 Million Tax BillBinance has stated that it is working with Indian authorities on a $86 million tax bill, which is a significant development for the industry. This action is being taken in the midst of heightened regulatory s
As the price of Bitcoin hits a new all-time high (ATH) of $68,818 in the early hours of today, Senator Roger Marshall has withdrawn his former support for the infamous Digital Asset Anti-Money Laundering Act (DAAMLA). The DAAMLA has been considered an anti-cryptocurrency bill and
Expectations are teeming high as industry experts unanimously predict the arrival of the most anticipated spot Ethereum ETF. In the latest development, industry observers say that the United States Securities and Exchange Commission (SEC) has concluded issuing the final approval
Due to record inflows into Bitcoin exchange-traded funds (ETFs), which witnessed $422.5 million in investments, the price of bitcoin shot up to an unprecedented $66,000. The price of Bitcoin has just increased above $66,000, almost 10% within the week, solidifying its position as
Uniswap Labs claims the SEC’s suggested legal changes to offer it power over decentralized finance are being made against a ‘nonexistent legal framework.’ Uniswap Labs has compelled the United States Securities and Exchange Commission (SEC) to do away with its proposal to rule ov
After an attempted assassination, Donald Trump’s odds of winning the presidency have unexpectedly increased to an all-time high on Polymarket, a well-known prediction market platform. Former President Donald Trump was the subject of an attempted assassination on July 13 at a Penn
Inflows into Bitcoin Exchange-Traded Funds (ETFs) in Australia and Hong Kong have surpassed historical highs. Data from the Farside platform says that the United States BTC ETFs recorded a total inflow of over $310 million on Friday, the highest recorded in 25 days. According to
The German government has announced the acquisition of 1,915 bitcoins, marking a big step towards adopting digital assets as part of its national reserves. According to Finance Minister Klaus Müller, the acquisition is a proactive move toward embracing financial innovation while
An unidentified whale made a significant move in the cryptocurrency market by converting approximately $18 million worth of PEPE tokens into Ethereum (ETH). This was one of the biggest PEPE single movements in recent months. The market is already buzzing with excitement over the
The Bitcoin Mayer Multiple has recently increased to levels consistent with the historical range of Bitcoin’s (BTC) price, which is approximately $30,000. This statistical measure, which analysts frequently use to assess the relative worth of Bitcoin, is giving important signals
Recent predictions from prominent cryptocurrency researcher Sarah Thompson of Crypto Insights has predicted that BlockDAG will soar, with a value that will reach $30 by 2030. The distinctive architecture of BlockDAG and its expanding user base among developers and businesses are
According to a top BlackRock executive, financial advisors are becoming increasingly interested in spot Bitcoin exchange-traded funds (ETFs) as the cryptocurrency moves closer to becoming widely used. The BlackRock executives recently noted that they have seen an increasing trend
Deutsche Telekom, the biggest telecom company in Europe, has revealed that it intends to launch Bitcoin mining operations to enter the cryptocurrency space. The statement has caused a stir in the cryptocurrency and telecom sectors, indicating the increasing convergence of the tra
Former President Donald Trump has stated that he wants all of the leftover Bitcoin to be “MADE IN THE USA,” which has generated much discussion and excitement. This announcement, made during a high-profile meeting with leaders in the cryptocurrency firms and miners, indicated a d
Coinbase has submitted its last brief opposing the Securities and Exchange Commission’s (SEC) ruling that its rulemaking petition was denied. Coinbase demands more precise regulatory standards for the developing digital asset market. The dispute started in 2022 when Coinbase form
A federal judge dismissed the Securities and Exchange Commission of the United States (SEC) against Decentralized Economic Blockchain Token Box (DEBT), a blockchain-based financial technology company, and ordered the SEC to pay $1.8 million in legal expenses and damages. The SEC
In an unexpected development, Notcoin (NTC) has experienced a significant increase in value due to increased attention from traders and investors hoping to profit from the growing trend of cryptocurrencies with a gaming focus. Notcoin has had a remarkable surge in value over the
The increasing enthusiasm surrounding the possible approval of Ethereum-based Exchange Traded Funds (ETFs) is propelling retail investors to make major moves in the Ethereum market. Retail traders are becoming more dominant in trading volumes and significantly impacting price mov
The former president Donald Trump has made a daring statement on United State’s position in the Bitcoin market. In a recent comment, Trump claimed that the United States should aim to dominate the world in the cryptocurrency industry rather than content to be in “second place.” T
According to Standard Chartered’s latest prediction, Ethereum (ETH) might reach $8,000 if an Ethereum Exchange-Traded Fund (ETF) is approved. This bullish forecast follows a sharp increase in the price of Ethereum, which jumped by more than 19% in the previous day to reach $3,719
Kraken has revealed that it plans to delist Tether (USDT) from its European trading platform. This action follows the introduction of the Markets in Crypto Assets (MiCA) law by the European Union, which attempts to provide a thorough legal framework for digital assets under its p
Ripple Labs has revealed that, for the first time in the company’s history, its holdings of XRP have dropped below 45%, a significant milestone for the cryptocurrency market. This significant trading volume increase for XRP coincides with this milestone, indicating a general upsw
The stock price of GameStop Corp. (GME) saw a sharp increase today due to a string of cryptic tweets from well-known retail investor Keith Gill, also known online as “Roaring Kitty.” The stocks of GameStop and AMC saw extraordinary volatility as traders rushed to decipher his ins
