Terra-Related Assets (USTC, LUNC, LUNA) Skyrocket, BTC Slipped to $37K (Market Watch)
Terra’s failed stablecoin is particularly impressive today with a massive triple-digit surge. Bitcoin looked toward $38,000 yesterday but was halted in its tracks, and the subsequent rejection pushed it south to $37,100. Most altcoins are also in the red today, but not tokens related to the Terra ecosystem. In some cases, the price increases are […]
Not Just Bitcoin: MicroStrategy (MSTR) and Coinbase (COIN) Soar to Highest Prices Since 2022
While BTC’s price has been on a roll in the past few months, certain stocks with strong relation to the asset or the industry have been flying as well. Such is the case with MicroStrategy, whose stock price is up by more than 250% since the start of the year, and Coinbase (COIN), which has […]
BLUR Explodes 25% Daily as Bitcoin Price Eyes $38K (Market Watch)
BLUR has been among the top performers in the past week, soaring by over 80%. Bitcoin’s sideways trading continues, but the asset is showing early signs of a potential run-up to the $38,000 level. Most altcoins are also slightly in the green, as the largest one – ETH – has jumped to $2,100 for the […]
What Kraken Co-Founder Had to Say About Binance’s Settlement
Binance’s $4.3 billion settlement with the U.S. DOJ makes the competitive landscape “feel a bit more fair today,” according to Jesse Powell. In his latest remarks, Kraken co-founder Jesse Powell spoke about the current state of the cryptocurrency industry amidst a backdrop of significant regulatory actions. Powell’s comments came shortly after a settlement between Binance […]
Crypto Markets Lost $60 Billion Following Binance-DOJ Settlement (Market Watch)
Although many altcoins recovered portions of the recent losses, some assets, such as BNB, are still deep in the red. Bitcoin registered a massive nosedive yesterday, falling by almost $2,000 in hours after the Binance-DOJ news broke out. The altcoins saw similar volatile moves, and, somewhat expectedly, Binance’s native cryptocurrency was the most notable loser.
BNB Saw 5-Month Peak Amid Binance Settlement Reports, BTC Stopped at $38K (Market Watch)
Bitcoin tried its hands at taking down the $38,000 once again in the past 24 hours but, as with the previous attempts, was stopped in its tracks. Most altcoins have dumped hard today, with SOL, LINK, MATIC, AVAX, and DOGE losing more than 5% of value each.
DOJ Announces $4.3 Billion Settlement With Binance As CZ Resigns From Company
Changpeng Zhao (CZ) will no longer be CEO of Binance, and says he doesn’t plan to be a CEO driving a startup ever again. The U.S. Department of Justice has settled charges against crypto exchange giant Binance for $4.3 billion, bringing investigations spanning back to 2018 to a close
What Are Crypto VCs Investing in? Binance Research
The downward trend in 2023 has failed to deter the steady pace of deals and investments in the digital market space. Binance Research’s latest report revealed that a substantial share of this sustained growth came from gaming and infrastructure projects. While the traditional VC share surged to 45% since the beginning of the year, the […]
BlackRock Officially Files for Spot Ethereum ETF, ETH Price Eyes $2.1K
After a few weeks of speculation following the registration of the iShares Ethereum Trust in Delaware, BlackRock has filed the S-1 prospectus for the product with the SEC. This is the second cryptocurrency-related exchange-traded fund that the company wants to launch after its spot Bitcoin ETF application.
Bullish or Bearish for Incoming Bitcoin 2024 Halving Year: We Asked Binance Blockchain Week
Multiple attendees at Binance Blockchain Week in Istanbul believe BTC could rise to new peaks in 2024 prompted by bullish factors such as the next halving.