Arbitrum (ARB), one of the most notable altcoins, has recently seen a 6% decline, trading at $0.9879. Despite this, trading volume has surged by 105%, indicating heightened market activity. Just four days ago, ARB reached an eight-month high of $1.2384. Over the past month, it has gained 53%, reflecting investor
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Changpeng Zhao (CZ), the CEO of Binance with his recent comment on Russia’s Bitcoin reserve proposal. When Russia suggested using Bitcoin as part of its national reserves to navigate geopolitical challenges. CZ posted a response saying “probably nothing” with two laughing emojis. This comment raised questions, especially since CZ has
Zettai Pte Ltd, the parent company of the embattled cryptocurrency exchange WazirX, has filed an application with the Singapore High Court on December 6, 2024. The filing seeks approval to convene a meeting of creditors to vote on a proposed Scheme of Arrangement aimed at resolving the aftermath of a
A $20 million fund has been established by DWF Labs, a new generation cryptocurrency market maker and investor, to encourage the development of autonomous AI agents. This endeavor demonstrates DWF Labs’ dedication to advancing the next wave of crypto and AI technologies. With the potential to revolutionize sectors and reshape the
Despite the wild swings in the cryptocurrency market, the BlackRock Bitcoin ETF (IBIT) managed to attract $358 million in new investors on Monday. Even though the price of Bitcoin dropped below $94,000 yesterday, IBIT’s dominating inflows persisted. Bitcoin fell more than 5% after rejection at $100,000 levels, causing altcoins to
Even if a pro-crypto president is about to enter office, Binance CEO Richard Teng has said that it is premature to talk about the possibility of the cryptocurrency exchange re-establishing itself in the US after its forced withdrawal a year ago. When asked on December 9 whether Binance will seek
In light of Bitcoin’s capacity to provide financial stability in the face of unstable fiat markets, Mayor Ken Sim of Vancouver, Canada, is encouraging the city council to investigate its incorporation into municipal financial policies. “Preserving of the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin
As the crypto market reaffirms its nature of unpredictability and volatility, several astonishing on-chain activities are coming into light. While Bitcoin reached a new ATH, it didn’t take long for it to fall to the $95,000 price range. Following the suit, altcoins have also witnessed mixed price signals so far.
In the last 24 hours, the cryptocurrency market has witnessed a notable price dip due to increased liquidations. Bitcoin has slid to the $96K level and other cryptocurrencies also recorded losses. However, in the past few hours, market prices have shown signs of recovery. Other divisions of the crypto industry
