Bitcoin Eyes $40K as $1B in BTC Withdrawals Suggests Bullish Mood
Data shows over $1 billion worth of BTC has been withdrawn from exchanges over the past week. The case for a continued rally in bitcoin (BTC) to $40,000 and…
Tag: cryptocurrency
BlackRock Ether ETF Prospectus Gets Filed With SEC
The asset management giant last week registered the iShares Ethereum Trust, and via Nasdaq sought approval from the SEC for the new vehicle. BlackRock (BLK),…
Bitcoin Tops $37K for First Time Since May 2022 as ‘Short Squeeze’ Bumps Prices Amid BTC ETF Optimism
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices. Bitcoin (BTC) prices crossed the $37,000 level for the first…
Cryptocurrency exchange Binance has released a Web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.
The new product, which will work across 30 blockchain networks, was announced at the Binance Blockchain Week conference in Istanbul. “Web3 wallets represent more than…
TV’s Kevin O’Leary: ‘All the Crypto Cowboys Are Going to Be Gone Soon’
O’Leary, an entrepreneur and television personality, was paid $15 million by FTX for “20 service hours, 20 social posts, one virtual lunch and 50 autographs,”…
Judge Denies Temporary Release For Sam Bankman-Fried During Trial
Bankman-Fried’s lawyers had requested that he be released for the duration of his trial to ensure that he is able to review material and speak…
Bitcoin’s Implied Volatility Gauge Tops Ether for Record 20 Straight Days
The spread between dominant crypto options exchange Deribit’s forward-looking 30-day implied volatility index for ether (ETH DVOL) and bitcoin (BTC DVOL) has been consistently negative…
Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.…
These 4 Charts on Households’ Finances Explain Bitcoin’s Lull
Mainstream interest in the crypto market remains low as key economic indicators show continued decline in the disposable income of the U.S. households. “2023 is…
Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase
Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday. Ethereum co-founder Vitalik Buterin deposited 600 ether (ETH), which is…