Recent data from Robinhood’s Chief Brokerage Officer reveals interesting insights into the dynamics of the Bitcoin (BTC) market. Approximately 20% of BTC spot ETF transactions occurred within retirement accounts, indicating a notable presence of long-term investors in this segment. Moreover, a significant portion of Grayscale’s Bitcoin Trust (GBTC) sellers opted to reinvest their funds into […]
Tag: Crypto
The World ID project has achieved significant strides in Argentina, capturing widespread attention globally, particularly revolving around the advancements associated with Worldcoin.Worldcoin. The project has notably set new records in Argentina, surpassing other nations and showcasing its popularity on a national scale. Following the introduction of World ID 2.0, the latest iteration of Worldcoin’s secure, […]
The cryptocurrency landscape is witnessing a significant surge in the price of Ethereum (ETH), with whales playing a pivotal role by accumulating substantial amounts of the digital asset. This development comes amid heightened enthusiasm surrounding the potential approval of Spot ETFs. According to insights from Lookonchain, a notable whale engaged in a strategic move, repeatedly […]
In a significant turn of events, Celsius, the cryptocurrency loan company, filed for bankruptcy on July 13, 2022, after reporting a substantial $1.2 billion loss on its balance sheet. Following this, a reorganization plan was adopted by creditors in September 2023, providing custodial account owners with 72.5% of their interests in Bitcoin and Ethereum. The […]
Bitcoin witnessed a modest retracement, sliding to $43.4K after achieving a 20-month high at $45.8K on January 2nd. The weekend introduces some mild declines, accompanied by heightened whale transactions, reaching levels unseen since June 12, 2022. Increased whale activity often hints at impending market shifts. During June 11th and 12th, 2022, whales displayed robust buying […]
In a recent revelation, Visa has chosen the cutting-edge blockchain technology, BlockV3, for its groundbreaking launch of the web3 loyalty program. This collaboration unfolds with SmartMedia Technologies (SMT), the proprietor of the SmartNFT Protocol. Visa and SMT are set to revolutionize loyalty programs, leveraging Visa’s digital payment solutions and SmartMedia Technologies’ enterprise web3 platform. This […]
CurveFinance has unveiled a significant development in its ecosystem by integrating ZetaChain. Thereby, marking a milestone as the first platform to introduce native BTC support for cross-chain swaps and omnichain asset pools. ZetaChain stands out as the pioneer in universal blockchain technology. As it features smart contracts capable of managing assets seamlessly across various chains […]
In a notable turn of events, the alternative cryptocurrency ARB is making waves, continually setting new records amidst the overall upward market trend. Over the past 24 hours, ARB has surged by an impressive 9%, hinting at the potential for substantial returns for investors in its native token. This surge not only reflects the token’s […]
In an update on X, formerly known as twitter, GainsNetwork has launched its Trade-to-Earn incentives program, creating a buzz in the crypto community. Running from December 29, 2023, to March 29, 2024, the initiative will reward active participants in the gTrade ecosystem with $ARB tokens across various trade-to-earn categories. Of course, due to this collaboration […]
The native token of the BENQI ecosystem, Qi Coin, is displaying notable signs of a bullish trend. Navigating the dynamic realm of decentralized finance (DeFi), BENQI Crypto stands out as a beacon of innovation, reshaping how we engage with digital assets. Promising high returns, a robust ecosystem, and a versatile native currency, BENQI is at […]