With a 6.63% drop in the market, sturdy red waves are rippling across the digital assets. The Fear and Greed Index value sits at 11, displaying extreme fear, and the prices are rolling downward. Both of the largest assets, Bitcoin and Ethereum, have tumbled by over 7% each. Meanwhile, BNB,
The CFTC has pulled its 2024 proposal that aimed to ban sports and political prediction markets, saying it will not proceed with final rules on the issue. CFTC Chairman Michael S. Selig said the agency will instead initiate new rulemaking based on a sound interpretation of the Commodity Exchange Act.
SBI Holdings has furthered its blockchain strategy by participating in a Layer-1 project related to tokenized stocks via the Startale Group. This is a clear indication of the growing interest of Japan’s financial giants in moving traditional stocks to blockchain technology. This new development is a continuation of the discussions
Two different positions over the US Fed rate cut have again come under the spotlight. There is a view that supports a delayed rate cut, and there is a view that wants to accelerate the process. Feeling the pinch of this uncertainty stemming from confusion is the crypto market. It
The institutional brokerage arm of Ripple has permitted access to decentralised derivatives markets by amalgamating Hyperliquid into its Prime brokerage platform. The firm publicised the partnership through a statement published on February 4, keeping it as a step to connect traditional finance with decentralised trading. Ripple has stated that Ripple
One of the world’s biggest crypto exchanges, Binance, has made additions to its Secure Asset Fund for Users (SAFU) by acquiring 1,315 BTC worth $100 million, according to Arkham data. This is the second acquisition of Bitcoin by Binance as part of its plan to turn up to $1 billion
World Liberty Financial’s native token WLFI is trading near $0.1315, according to CoinMarketCap data, which shows a 24-hour gain of approximately 2% and increased trading volume of about $141.28 million. The WLFI market capitalization is reported at around $3.51 billion. Over the past 24 hours, WLFI’s trading range has seen
Amid extreme market fear, a bullish comeback seems highly unlikely. The active bearish signals across the major digital assets have triggered it to stay within the red, including Bitcoin (BTC) and Ethereum (ETH). Among the pack of altcoins, Humanity Protocol (H) has registered a 0.33% spike in value over the
Michael Saylor, executive chairman of MicroStrategy, has once again stepped into the spotlight to defend Bitcoin’s price volatility. In a recent market turmoil, Saylor said that volatility is “Satoshi’s gift,” which distinguishes long-term investors from short-term speculators. Saylor’s statements come at a time when the overall crypto market is facing
Ether (ETH), the second-largest digital asset by market capitalization, extended its recent downturn on Wednesday, with the price retreating to as low as $2,109.06 before staging a modest rebound. At the time of writing, ETH is trading around $2,171.77, down 4.12% over the past 24 hours, reflecting notable weakness following
