Bitcoin has been struggling, recently hitting a low of $95,000. Investors are now looking for the next major catalyst that could drive the cryptocurrency market forward. Bitget CEO Gracy Chen, in a conversation with Bloomberg, shared her insights on potential catalysts to reverse Bitcoin’s slumping price action. Chen pointed out that one major factor could
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Coinbase has unveiled an expansion of its crypto derivatives products with the addition of futures contracts for Solana and Hedera. This launch, announced on Feb. 18, aims to deepen the company’s reach within the crypto derivatives space. The new contracts include Solana (SOL) Futures, with 100 SOL per contract, and nano Solana Futures, at 5 SOL
Defunct crypto exchange FTX will commence its next distribution on May 30, following the initial repayment that started this week. The FTX estate will continue its creditor reimbursement by mid-2025, with more payments scheduled to roll out on May 30, per the firm’s official bankruptcy updates. This distribution, the second of its kind, will focus
Crypto custody firm BitGo has announced the launch of a global over-the-counter crypto trading desk that will feature spot and derivatives trading, among other products. BitGo’s OTC trading desk will provide an environment where institutional investors can trade spot and options, as well as access lending, yield generation, and custody services. The firm will offer
Norwegian authorities have indicted four individuals for their involvement in an extensive fraud and money laundering operation that deceived thousands of victims across multiple countries. Økokrim, Norway’s economic crime unit, revealed that over 900 million kroner ($86–87 million) was funneled into the scheme, with more than 700 million kroner laundered through a Norwegian law firm
Bitwise has recently filed documents to the Delaware’s Department of State, applying for the registration of a Bitwise Dogecoin ETF. On Jan. 22, crypto fund manager Bitwise Asset Management submitted documents to register for a Dogecoin (DOGE) exchange-traded fund. The filing can be found within the Delaware Department of State’s Division of Corporations official website.
North Dakota regulators are debating a bill that introduces consumer protections to combat scams involving cryptocurrency ATMs. During a Jan. 22 hearing, lawmakers in North Dakota discussed House Bill 1447, introduced to the state’s legislative assembly earlier this month, which seeks to cap daily withdrawals, regulate transaction fees, and mandate fraud warning notices on crypto
Spot Bitcoin exchange-traded funds in the United States experienced a slowdown on Jan. 22 as BTC retraced back to around $102k. According to data from SoSoValue, inflows into spot Bitcoin ETFs dropped by 69% from the previous day, reaching $248.65 million on Wednesday. The entire inflows recorded on the day came from BlackRock’s IBIT which
Most TRUMP holders are retail investors with less than $100 in profits, while 60 whales have gained over $10 million, according to Chainalysis. The majority of crypto wallets holding the Official Trump (TRUMP) meme coin haven’t made much money. According to data by Chainalysis, over 77% of them have earned less than $100, while whales
The Azuki-backed ANIME token will be airdropped to Binance users prior to its official listing and debut on Jan. 23, 2025 at 14:00 UTC. The Animecoin community token ANIME will be making its debut on Jan. 23 in a number of major exchanges, including Binance. The token named after the Japanese pop culture phenomenon will