The Super Bowl, one of the biggest events for marketing events in the US, will have no crypto ads for the second year in a row. Most major crypto companies, including Coinbase, Kraken, and Bitcoin spot ETF providers, have decided to skip the advertising opportunity, citing various reasons. The main
Bitcoin is still under severe selling pressure after the approval of the Bitcoin ETF. Over the last several hours, the price of Bitcoin has fallen by 8%. Since the U.S. SEC authorized eleven spot Bitcoin ETFs on January 10, the price of Bitcoin (BTC) has been falling, which has surprised
Solana has been dominating headlines with its impressive performance in the crypto market. The native token, SOL, experienced a staggering 14% surge within just 24 hours, soaring to a nineteen-month high of $85. This remarkable momentum propelled Solana’s market capitalization to a 13% increase, surpassing XRP and securing a spot
M&G Plc, an enormous London-based pension fund, recently invested $20 million into a British crypto derivatives trading platform, GFO-X. A cryptocurrency derivatives trading platform located in the United Kingdom, GFO-X, has received a $20 million investment from M&G Investments, the asset management division of pension behemoth M&G Plc. In the
In a surprising revelation on X, Billy Markus, co-founder of Dogecoin, sheds light on the ambitious island acquisition plan of Sam Bankman-Fried, the now-bankrupt creator of the FTX cryptocurrency exchange. The plan, aimed at securing a future amidst apocalyptic scenarios, has sparked both curiosity and ethical concerns within the crypto
The cryptocurrency industry faces another major setback as Changpeng Zhao (CZ), the founder and CEO of Binance, has stepped down and pleaded guilty to breaking US anti-money laundering laws. Further, CZ agreed to the $4.3 billion settlement, which is one of the largest corporate penalties in US history, including a
A decision on the Grayscale Ethereum futures ETF proposal has been postponed as the United States SEC delays its judgement. This proposal was first presented to the SEC by Grayscale Investments in September. It outlined a fund in which investors could buy shares based on their forecasts for the value
In a tale of contrasting halves, the crypto market underwent a rollercoaster ride for the first three quarters of 2023, with a downturn that seemed unrelenting. However, the last quarter heralded a wave of optimism, as the market saw a resurgence in bullish sentiment. Notably, top coins like Bitcoin and
As November began, the cryptocurrency market was led by bulls. Major cryptocurrencies including XRP have seen large price increases as a consequence of this revived bullish trend. According to Whale Alert’s reporting as of today, November 11th, a massive whale movement has occurred, with over 39 million XRP being transferred
Defunct crypto exchange FTX has submitted a petition to the Delaware bankruptcy court for the liquidation of trust assets held by Grayscale and Bitwise estimated to be worth $744 million. Statements from FTX and its debtors indicate that they expect this approach to facilitate preparation for payments to creditors in
