Crypto Biz: Crypto fever hits wealth managers
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.
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New proposal aims to raise Binance Coin value by burning BSC fees
The new BEP might decrease the total amount of BNB that validators and delegators obtain from staking. 1928 Total views 23 Total shares Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic…
Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack
The seized funds will be used to reimburse affected users, and prevent it from funding North Korea's nuclear weapons program. 247 Total views 7 Total shares Own this piece of history Collect this article as an NFTAccording to a press release published on Feb. 16 by Norway's National Authority for Investigation and Prosecution of Economic…
'FOMO confirmed' — BlackRock Bitcoin ETF clocks biggest trading day in 6 months
ETF analyst Eric Balchunas says the outsized trading volume across BlackRock's spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears its all-time high.
US lawmaker suggests Signature’s collapse was tied to instability of crypto
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries. 290 Total views 2 Total shares Own this piece of history Collect this article as an NFTMichael Bennet, a United States senator representing the state of Colorado, has suggested…
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish
Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors.Bloomberg senior ETF analyst Eric Balchunas highlighted in a post on X (formerly Twitter) that ProShares Bitcoin Strategy ETF (BITO), the first
Did Bitcoin price just see a ‘retail FOMO peak signal’? This indicator says yes
The Bitcoin (BTC) futures funding rate on Binance Futures overtook Deribit on Dec.18, according to data from CryptoQuant. Historically, when this happened, the dominant cryptocurrency saw a local top or consolidation.The funding rate of major cryptocurrencies, including Bitcoin and Ether (ETH), rose considerably in the past 48 hours. This typically indicates that the futures market…