Bitcoin (BTC) surged past $47,000 on Monday, reaching its highest level since April 2022. The cryptocurrency experienced a sharp rise from $43,200 during the Asian trading session to a fresh 19-month high of $47,192 during the U.S. trading session, according to indices …
Investors poured over $2 billion into digital-asset investment exchange-traded products (ETPs) in 2023, making it the third-largest year for net inflows dating back to 2017, according to data provided by CoinShares. This surge in investment represents more than double the inflows seen …
Opinions are divided on what will happen in the cryptocurrency market if the Securities and Exchange Commission (SEC) approves a spot bitcoin exchange-traded fund (ETF). While some analysts predict a massive influx of investment, others believe that the initial impact will be …
North Korea-affiliated hackers were responsible for a significant portion of cryptocurrency exploits and thefts in 2023, making off with approximately $600 million in funds, according to a report from TRM Labs. This brings the total amount stolen by the Democratic People’s Republic …
Cathie Wood’s ARK Invest, a prominent investment firm, has recently sold a significant portion of its Coinbase (COIN) shares from its Innovation exchange-traded fund (ETF). This move comes after the firm offloaded $25 million worth of COIN shares on Wednesday, followed by …
Title: Mango Markets Faces Regulatory Inquiry as Crypto Fraud Trial Looms Introduction: Mango Markets, a decentralized crypto exchange (DEX), is currently facing regulatory inquiries in the United States following a major heist in October. The exchange, which was once a top trading …
Ethereum’s validators are facing significant delays in withdrawing their staked ether (ETH), and the defunct crypto lender Celsius may be partially responsible for the backlog. Validators stake ETH to help secure the Ethereum network and earn a steady rate of interest. However, …
Asset management firm VanEck has announced that it will donate 5% of the profits from its Bitcoin exchange-traded fund (ETF) to Bitcoin developers at Brink. This move comes as VanEck awaits a decision from the U.S. Securities and Exchange Commission (SEC) regarding …
The U.S. Securities and Exchange Commission (SEC) is using its recent victory in the Terraform Labs case to bolster its arguments against cryptocurrency exchanges Coinbase and Binance. The SEC has been engaged in legal battles with various crypto platforms, seeking to establish …
Depletion of the Fed’s reverse repo program and the expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, according to Maelstrom CIO Arthur Hayes. While crypto investors …