Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’
The world's flagship Bitcoin spot ETF is back buying Bitcoin after spending four weeks reducing its holdings. 620 Total views 5 Total shares The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling.Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s Purpose Bitcoin…
ETC Group announces new blockchain equity ETF with HANetf partnership
HANetf and ETC Group announced the continuation of their collaboration with a blockchain equity ETF. 520 Total views 26 Total shares The ETC Group and white-label issuer HANetf have reportedly announced the continuation of their partnership with the introduction of the ETC Group Digital Assets & Blockchain Equity UCITS ETF, a fund that tracks other…
Bitcoin price rallies to $32.3K, but three factors could limit its recovery
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Bitcoin price descending channel and loss of momentum could turn $60K to resistance
Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a…
Bitcoin futures open interest at 3-month highs — But will it be enough to overcome $50K?
Bitcoin (BTC) futures open interest has recovered to levels in May, raising optimism about a potent bullish breakout move above $50,000.The total number of outstanding futures contracts on the Deribit exchange reached $1.37 billion on Aug. 23, its highest level since May 27. Meanwhile, the difference between the Bitcoin spot rate and its futures contract…
After googling it, CFTC boss says DeFi is a ‘bad idea’ and probably illegal
CFTC Commissioner Dan M. Berkovitz has called for a crackdown on unregulated DeFi derivatives platforms. 1310 Total views 4 Total shares Commissioner Dan M. Berkovitz of the Commodity Futures Trading Commission (CFTC) believes DeFi derivatives platforms may contravene the Commodity Exchange Act (CEA).Speaking as part of a June 8 keynote address dubbed “Climate Change and…
Ethereum gas fees drop to lowest levels since August 2021
Data also shows that the average gas price on the Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on March 9. 73 Total views 23 Total shares Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August.…
Binance VIP traders got sneak peak of US settlement: Report
At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business. 115 Total views 1 Total shares Executives of cryptocurrency exchange Binance reportedly gave a heads-up to its top market makers regarding a potential $4.3-billion settlement with authorities in the