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Trump signed an order to create a federal group led by David Sacks to regulate digital assets. The US strategic Bitcoin reserves have been basically confirmed by Binance CEO Changpeng Zhao. Senator Cynthia Lummis proposed buying 1 million BTC for a US national bitcoin reserve worth $108 billion. President signed an executive order to establish…
Deribit’s trading volume skyrocketed to $1.185 trillion in 2024, nearly doubling 2023’s $608 billion, showing strong institutional interest. Options trading hit $743 billion with 99% growth, solidifying Deribit’s dominance since launching Bitcoin options in 2016. Spot trading surged 810% to $7.6 billion, driven by rising Bitcoin prices, ETF launches, and regulatory advancements. Deribit, a crypto…
World Liberty Financial emerges as a major crypto player with $393M portfolio, including significant ETH and stETH holdings. MOVE experiences 14.32% surge following the purchase, showing strong technical indicators for continued upward momentum. Trump-related tokens gain widespread attention, with TRUMP, MAGA, and Triumph of MAGA showing remarkable market performance. World Liberty Financial Sends MOVE on…
Institutional inflows from BlackRock, Fidelity, and Grayscale totaled over $100 million, with net assets under Ethereum ETFs reaching $11.78 billion. Whale activity increased, with over 100,000 ETH purchased during the dip, signaling strong confidence in Ethereum’s future. Technical indicators, including MACD and True Strength Index, suggest a potential breakout, increasing the likelihood of ETH surpassing…
Chainlink consolidates above $24 with strong support from the 20 EMA and rising on-chain activity. A bullish breakout above the $26.62 resistance could target the 67.80% Fibonacci level at $31.13. Transaction volumes surged 3x in recent days, with large transactions reaching $222.9M, signaling whale activity. Daily active addresses climbed from 3.91K to 5.31K, showcasing a…
Crypto exchange Binance demonstrates the cost-saving benefits of crypto remittances compared to traditional financial systems. With users sending an average of $470 in international remittances in 2024, Binance offers a cost-effective and faster alternative to traditional fiat remittances. In 2024, over half a million female Binance users contributed to more than $4 billion in domestic…
The company maintains $13.6B portfolio focused on traditional sectors, rejecting crypto despite rumors of Saudi royal family involvement. Kingdom Holding’s position contrasts with major firms like Tesla and Microsoft accepting crypto payments, highlighting an institutional divide. UAE and El Salvador’s tax incentives fail to sway Kingdom Holding’s stance amid regulatory uncertainty and volatility concerns. Kingdom…
The Ethereum network has faced significant competition from other L1 chains seeking to dominate the DeFi ecosystem. Ether price could drop below $3K again before kickstarting the next major altseason. Less than 48 hours to the close of the first month of 2025, it is more evident that short-term sellers are in control of Ethereum…
GCEX joined forces with Fireblocks to enhance institutional access to digital assets. Fireblocks’ Policy Engine will help GCEX’s Dubai and Netherlands operations improve governance and risk controls. This partnership follows GCEX’s collaboration with Hex Trust in launching a secured accounts service for institutional digital asset protection in the EU and UK. GCEX Group, a leading…
Whales accumulated 1.83 billion DOGE in just two days, signaling increased interest. Dogecoin’s price remains steady at $0.37 but has gained 15% over the past week. Analysts suggest a bullish target of $15, citing DOGE’s multi-year ascending parallel channel. Dogecoin , the largest meme coin by market capitalization, has witnessed significant whale activity over the…