Here’s the Average Period of Holding SHIB
TL;DR Shiba Inu investors have a long-term commitment compared to the shorter holding periods seen with other meme coins. Despite...
Bitcoin
Australian Regulator Says Crypto Is a Debenture That Requires Regulation
The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence...
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW...
How AI and RWA are Shaping DeFi’s Evolution
Claude Eguienta, a driving force behind Mimo Capital, shared his thoughts on the current and future state of DeFi with...
Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on...
The Fed Holds Rates, Is Bitcoin Still an Inflation Hedge?
Federal Reserve Chair Jerome Powell has indicated that interest rate cuts may be further off than anticipated. He cites recent...
Norway to Target Cryptocurrency Mining Through Data Center Regulation
Norway has recently announced its intention of enacting a data center-focused law, which seeks to exert more control over the...
Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out...
Bank of Russia Supports Cryptocurrency Usage for International Settlements
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According...
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated...
Bitcoin Exchange Outflows Intensify as Market Recovers From Weekend Wipeout: Bitfinex
The neutralization of funding rates in crypto perpetual markets following the drawdown suggested that the correction was healthy and that...
Runes Protocol to Debut Alongside Bitcoin Halving, Could Boost BTC Ecosystem
As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing...
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2...
Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to...
Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform
Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media...
Bitcoin Whale From 2010 Moves $3.28 Million BTC to Coinbase
A Bitcoin wallet that lay untouched for a staggering 14 years has sprung to life, transferring 50 BTC (worth approximately...
Venture Capital Interest in Bitcoin Startups Has Exploded: Research
Despite venture capital activity declining across the board, funding for Bitcoin startups more than quadrupled in 2023, according to a...
Paraguayan Senate Supports Selling Power to Crypto Mining Companies, Criticizes Subpar Energy Agreements With Brazil
The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price...
Crypto Owners a Growing Force Heading into 2024 Election: Galaxy Digital
Voters who hold Bitcoin and other cryptocurrencies could have a decisive impact in the upcoming U.S. presidential election, according to...
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid...
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC)...
US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin...
