In 2024, Binance Holdings Ltd. has seen remarkable growth under the leadership of its new CEO, Richard Teng. This year has indeed turned out to be a landmark one for the crypto industry, marked by increased regulatory clarity, mainstream adoption,…
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Is Bitcoin the New Manhattan? Michael Saylor Explains Why Bitcoin Investment Is the Future
In a recent interview, Michael Saylor, the executive chairman of MicroStrategy, made a case for Bitcoin investment by likening it to Manhattan real estate. So, he said, “The apex property of the human race is Bitcoin. Bitcoin is Manhattan in…
US Crypto Market Rises with Bitcoin ETFs and $61B Funds
The US crypto market is undergoing a dramatic transformation with the launch of Bitcoin ETFs by financial giants like BlackRock Inc. and Fidelity Investments. These ETFs, which have rapidly amassed $61 billion in assets, are reshaping trading patterns to align…
Core Scientific ( Bitcoin Mining) Shares Surge 40% on CoreWeave Buyout Offer
Cloud computing provider CoreWeave recently made headlines with a substantial offer to purchase bitcoin miner Core Scientific for $5.75 per share. This significant proposal has resulted in Core Scientific’s (CORZ) shares surging by up to 40% in pre-market trading. The…
Is Crypto, America’s New Political Battleground? Insights from Bullish CEO Farley
In a recent interview with CNBC, Tom Farley, CEO of Bullish and former President of the New York Stock Exchange, shared his insights on the current political landscape surrounding crypto. Speaking from the Consensus Conference in Austin, Texas, Farley provided…
Coinbase Sees Shifts in Digital Assets Amid Market Growth
Coinbase Global Inc. has witnessed significant shifts in the digital asset landscape over the past few years. As the largest US cryptocurrency exchange, its journey from the volatility of the 2021 bull run to the more mature and stable market…
BlackRock iShares Bitcoin Trust Leads With $20 Billion
BlackRock Inc.’s iShares Bitcoin Trust has rapidly ascended to become the world’s largest fund dedicated to Bitcoin, amassing nearly $20 billion in total assets since its debut in the US at the beginning of the year. This remarkable growth has…
Ethereum Spot ETF: ETH Price Reaction as $10,000 Predictions Seems to be Feasible
The Ethereum Spot ETF is tied to the price of the crypto token, and it allows traders to buy and sell Ethereum tokens without needing to own or create a crypto wallet. After the green light was given by the…
XRPL Transaction Surge: Here Are The Key Factors Driving The 108% Increase in Q1 2024
In the first quarter of 2024, the XRP Ledger recorded 251.39 million on-chain transactions(XRPL), an increase of 108% compared to the previous quarter. According to a report published on May 17, a total of 251.39 million transactions took place on…
Bitcoin ETF Adoption by Hedge Funds and Banks Grows
In recent years, the cryptocurrency market has witnessed a significant development with the introduction of Bitcoin exchange-traded funds (ETFs). This development, known as Bitcoin ETF Adoption, has had a profound impact on the financial landscape. While retail investors have been…