NEWS Archives - Page 24 of 134

April 30, 2024

Crypto Outflows Surge As Bitcoin Records Red April

The crypto market has witnessed a substantial shift in sentiment, with digital asset investment products experiencing outflows for the third consecutive week. According to the latest report from CoinShares, total crypto outflows reached an astonishing $435 million, marking the most significant with...

#BITCOIN #BTC #Crypto Outflows #CRYPTOCURRENCY #NEWS

April 26, 2024

Tether’s USDT Exchange Balance Soars as Stripe Announces USDC Payments

In a notable development for the cryptocurrency market, Tether’s USDT has reached its highest exchange balance in a year, indicating a growing trust in the largest stablecoin by market capitalization. The 7-day moving average of USDT held by exchanges surged to $568 million earlier this month...

#NEWS #Stablecoin #Stripe #Tether #USDC #USDT

April 24, 2024

Changpeng Zhao vs. DOJ: DOJ Pushes for 36-Month Jailtime

In a landmark case that has gripped the cryptocurrency world, Changpeng “CZ” Zhao, the founder of the renowned digital currency exchange Binance, faces a potential three-year prison sentence. The U.S. Department of Justice (DOJ) has aggressively pursued a 36-month incarceration term for Zhao, who h...

#Binnace #Changpeng Zhao #CRYPTOCURRENCY #DOJ #NEWS #Regulation

April 23, 2024

Crypto Outflows Persist for Second Week Amid Interest Rate Concerns

Crypto investment products have witnessed a second consecutive week of crypto outflows totaling $206 million, as reported by CoinShares. This decline coincides with a slight decrease in trading volumes of Exchange-Traded Products (ETPs), now standing at $18 billion. Interestingly, these figures rep...

#BITCOIN #CRYPTOCURRENCY #NEWS #Standard Chartered

April 19, 2024

Bitcoin ETFs Experience Outflow Streak Ahead of Mining Reward Halving

Spot Bitcoin (BTC) exchange-traded funds (ETFs) based in the U.S. are undergoing a notable trend, catching the attention of market participants. In the last five days, these ETFs have witnessed a consistent outflow, totaling $4.3 million as of Thursday. This development comes as the cryptocurrency ...

#Bitcoin ETFs #CRYPTOCURRENCY #Halving #NEWS

April 18, 2024

Bitcoin Halving: JPMorgan Analysts Expect BTC to Drop

In a recent report, JPMorgan analysts shed light on the anticipated impact of the upcoming Bitcoin halving event. As the crypto community eagerly awaits this significant milestone, the question on everyone’s mind is: How will it affect the world’s most popular cryptocurrency? Bitcoin ha...

#Bitcoin Halving #CRYPTOCURRENCY #JPMorgan #NEWS

April 17, 2024

Bitcoin Prepares for Fourth Mining-Reward Halving: What to Expect

Bitcoin, the pioneering cryptocurrency, is on the brink of its fourth mining-reward halving, set to occur in three days. This significant event, recurring every four years, is expected to exert considerable influence on the cryptocurrency market, with investors eagerly monitoring developments. Duri...

#BITCOIN #CRYPTOCURRENCY #Goldman Sachs #Halving #NEWS

April 16, 2024

Crypto Outflow Reflect Investor Caution Amid Market Volatility

Last week, digital asset investment products experienced a minor crypto outflow of $126 million, indicating investor caution amidst stalled price momentum, as per the latest report from CoinShares. Despite a slight increase in volumes—from $17 billion to $21 billion week-on-week—ETP/ETF activity sa...

#BITCOIN #Crypto outflow #CRYPTOCURRENCY #NEWS

April 12, 2024

Ripple Takes a Stand Against XRP Scams and Impersonation on Social Media

Ripple Labs, the company behind the XRP cryptocurrency, is facing regulatory hurdles from the US Securities and Exchange Commission (SEC). Despite this, Ripple is now focusing on combating scams and fraudulent activities related to XRP on social media. In a recent video, Ripple warned XRP holders a...

#CRYPTOCURRENCY #NEWS #RIPPLE #Scam #XRP