NEWS Archives - Page 21 of 134

June 18, 2024

$600 Million in Crypto Outflows Recorded Following Fed Meeting

The world of cryptocurrencies took a big hit last week. Investors quickly pulled their money out of crypto investment funds. In total, over $600 million left these funds. It was one of the largest crypt outflows on record this year. According to the latest CoinShares market report, industry experts...

#BITCOIN #Crypto Outflows #Cryptocurency #NEWS

June 14, 2024

MicroStrategy Doubles Down on Bitcoin Bet with $700M Debt Offering

Software firm MicroStrategy is making another big move into Bitcoin. On Friday, the company said it would sell $700 million in convertible notes. The goal is to use the money to buy even more of the digital currency. This comes after MicroStrategy already spent billions to amass over 214,000 bitcoi...

#BITCOIN #CRYPTOCURRENCY #MicroStrategy #NEWS

June 13, 2024

Bitcoin Prices Hold Steady as Inflation Slows and ETF Inflows Resume

Bitcoin prices held steady even though the Federal Reserve has hinted it may not cut interest rates as much as expected this year. On Wednesday, new data showed that inflation slowed down more than economists predicted in May. This caused money to start flowing back into bitcoin exchange-traded fun...

#BITCOIN #Bitcoin ETF #CRYPTOCURRENCY #NEWS

June 12, 2024

Terraform Reaches $4.47 Billion Settlement with SEC Over UST Stablecoin Collapse

In a major development for the crypto industry, Terraform Labs has agreed to pay a massive $4.47 billion to settle charges brought by the U.S. Securities and Exchange Commission (SEC) related to the collapse of its TerraUSD (UST) stablecoin in 2022. On June 12, 2024, the SEC filed a proposed final ...

#CRYPTOCURRENCY #Do Kwon #NEWS #SEC #Terraform Labs

June 11, 2024

Crypto Inflows Surge to $2 Billion as Investors Anticipate Rate Cuts

Cryptocurrencies saw a huge wave of money coming in last week. Investors poured a whopping $2 billion into digital assets like Bitcoin and Ethereum. This continues a 5-week trend of crypto inflows that now total $4.3 billion, according to CoinShares’ latest report. What’s Behind This Su...

#BITCOIN #Bitcoin ETFs #Crypto Inflows #CRYPTOCURRENCY #NEWS

June 07, 2024

Bitcoin Bulls Charge Ahead: Futures Bets Soar as Analysts Eye $83K Target

Bitcoin is on a bullish tear as traders pile into futures markets and analysts project sky-high price targets. The world’s largest cryptocurrency has captivated investors once again, with open interest in Bitcoin futures hitting an all-time peak of $37.7 billion. #Bitcoin open interest hits a...

#BITCOIN #CRYPTOCURRENCY #NEWS

June 06, 2024

Binance Leads in Liquidity as LMAX Tops Depth in Latest Crypto Exchange Rankings

In the fast-moving world of crypto trading, choosing the right crypto exchange is critical. A new report from crypto market data provider Kaiko sheds light on which major exchanges excel in key liquidity metrics. The report ranked 43 crypto exchanges based on factors like trading volume, market dep...

#Binance #Bitstamp #COINBASE #Crypto Exchanges #LMAX #NEWS

June 05, 2024

BNB Coin Soars to New All-Time High Above $700 Amid Crypto Market Surge

BNB Coin, the native cryptocurrency of the Binance exchange, has been on a tear. On Wednesday, June 5th, BNB broke above the key $700 level to set a new record high of $716. This marked a stunning gain of nearly 14% in just 24 hours. The price surge pushed BNB Coin’s market cap close to [&hel...

#Binance #BNB Coin #CRYPTOCURRENCY #NEWS

June 04, 2024

Crypto Investment Funds See Massive Inflows as Sentiment Turns Bullish

The crypto market is heating up again as investment funds focused on digital assets have seen a surge in inflows over the past month. According to a recent report from CoinShares, crypto investment products have attracted over $2 billion in fresh capital during May alone, pushing total inflows for ...

#BITCOIN #Crypto Inflows #CRYPTOCURRENCY #ETFs #NEWS