Taking care of your own crypto through self-custody is the epitome of the industry and has been its fundamental proposition ever since Bitcoin was first introduced to the world. Not your keys, not your Bitcoin. That’s a saying anyone who’s been in the industry for more than a few weeks has heard, and it’s powerful […]
Bitcoin’s price volatility increased in the past few hours as the asset shot up briefly toward $64,000 but was stopped and pushed back down to $63,000 now. RNDR continues its price ascent with another impressive daily increase that has driven it to over $11. Most other alts are also in the green now. BTC Rises […]
TL;DR Despite a recent 20% weekly decline, analysts forecast a significant rally for Shiba Inu, driven by positive technical indicators. A sharp increase in SHIB’s burn rate, enhancements to its Shibarium layer-2 platform, and other elements are seen as bullish signals for its future price. Where is SHIB Headed? The popular meme coin – Shiba Inu (SHIB) – has […]
Aside from a minor mid-week dip, crypto markets have been relatively inactive in the past several days and continue to trade sideways. However, around 18,280 Bitcoin options contracts are set to expire on May 10, which may inject some volatility. The notional value for this week’s batch of expiring BTC contracts is around $1.15 billion, […]
With Binance founder and former CEO Changpeng “CZ” Zhao recently sentenced to four months imprisonment, a WSJ report is alleging that the crypto exchange giant fired one of its investigators who exposed market manipulation by one of the company’s clients, DWF Labs. Binance, however, denied the report, stating that the cryptocurrency exchange maintains a strict […]
Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US, saw flat revenues in the first quarter of the year due to its decision to maintain fees on its flagship Grayscale Bitcoin Trust ETF (GBTC). Grayscale Exceeds Expectations Despite Outflows According to a shareholder letter from its […]
The Nigerian government has denied the allegations made by Binance’s CEO, Richard Teng, claiming that its officials demanded a $150 million bribe to settle the criminal charges against the crypto exchange. In an official statement released on Wednesday, the Special Assistant to the Minister of Information and National Orientation, Rabiu Ibrahim, dismissed the claims as […]
The Bitcoin price has experienced heightened volatility over the past week. After recovering from a low of $56,500, the largest cryptocurrency in the market surged to $65,500 within four days. However, it has since retraced some of its gains and is currently testing the $61,000 support level. Despite this volatility and the absence of strong […]
The Ethereum price has been closing mirroring the performance of Bitcoin recently and since the Bitcoin price has been on a downtrend, the ETH price has followed. However, Ethereum on its own seems to possess more bearish fundamentals compared to Bitcoin, leading crypto analysts to believe that the second-largest cryptocurrency by market cap will fall […]
Canada has imposed a fine against Binance – the world’s largest crypto exchange – for running afoul of the nation’s anti-money laundering rules last year. Per a public notice published on Thursday, the federal government said Binance didn’t comply with rules and registrations related to operating as a foreign money services business (FMSB). Binance Fined […]