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Search Results for: ETFs

Uniswap Labs Fined $175K by US CFTC as Part of Settlement

In a statement made public on September 4th, the Uniswap Labs, a developer of decentralized exchange (DEX), was charged by the US Commodity Futures Trading Commission (CFTC) with the unlawful sale of leveraged cryptocurrency trading to retail investors in the US. As part of the settlement, Uniswap Labs complied with

September 5, 2024 2 mins read

Ethereum Futures Trading Volume on CME Hits Multi-Month Low

In August, the volume of Ethereum futures traded on the Chicago Mercantile Exchange (CME) hit a multi-month low. Based on the data dashboard provided by The Block, the total monthly trading volume of CME Ethereum futures in August was $20.8 billion. From $30.5 billion in July, the expected dollar trading

September 4, 2024 1 min read

Ethereum Faces Bearish Momentum Amid Sell-Offs and Market Uncertainty

Ethereum has been experiencing a bearish momentum since the 30th of July. It declined drastically from $3,361 to $2,398. This is approximately a $1000 difference. At the time of writing, ETH is trading at 2,398 a 2.50% decrease in the past week. The 24-hour volume stands at $15,518,482,552 billion, reflecting

September 4, 2024 2 mins read

FBI Warns of North Korean Scammers Aggressively Targeting Crypto Firms

FBI has warned the digital asset firms to be aware of a North Korean Crypto hacker group. DPRK has employed fake employment offers and investment opportunities to trick crypto users into downloading malware. They have made the latest attempt to steal companies’ cryptocurrencies. On 3rd September, The Federal Bureau of

September 4, 2024 2 mins read

Bitcoin Surrenders to Bears with Major Dips and ETF Outflows

Crypto traders have inclined their attention towards Bitcoin in the past month anticipating for price recovery. The cryptocurrency, on the other hand, showed redundant struggles to break resistance beyond $65K. Prices have consolidated at the $59K level since August. In the last 24 hours, Bitcoin prices revisited support levels at

September 4, 2024 2 mins read

Scroll Completes Curie Upgrade Preparing for Upcoming Token and Airdrop Launch

Scroll, an Ethereum Layer 2 scaling solution utilizing zero-knowledge rollups (ZK-rollups), made headlines with its upcoming token and airdrop launch. As of July 2024, Scroll completed a significant upgrade to its mainnet called the Curie upgrade. It raised $50M in the last round of funding with a $1.8B valuation. It

September 3, 2024 2 mins read

Is Ethereum Poised for an Imminent Bullish Rebound?

Ethereum, the leading altcoin, has shown signs of recovery after a challenging month, where it declined by 14%. In the past 24 hours, ETH surged to $2,563 before settling at $2,520.29, marking a 2.65% decline. It traded within the range of $2,434 and $2,563, but trading volume fell by 3.27%.

September 3, 2024 2 mins read

$305 Million Pulled from Crypto Investment Products This Week

The global crypto market has briefly revived from the market dip, with the total market cap bouncing back to $2.05 trillion, marking a 0.23% increase. Notably, the trading volume has surged by 66.12% to $60.11 billion in the last 24 hours. Meanwhile, the digital asset investment products saw outflows totaling

September 2, 2024 2 mins read

Bitcoin Price Plunges to $57K Causing Uncertainty in the Market

The crypto market turned bearish yet again over the weekend with the largest cryptocurrency showing significant price dips. Bitcoin’s price dip has rendered uncertainty in the market with altcoins showing volatility and turning bearish. As prices have raised a tumult there has been a lull in activity within the crypto

September 2, 2024 2 mins read