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Solana (SOL) has surpassed Binance coin (BNB) in market capitalization, becoming the world's fourth-largest cryptocurrency.
1 day ago 1 min read

Solana (SOL) Surpasses Binance Coin (BNB) in market cap to become the 4th largest crypto

Solana (SOL) has surpassed Binance coin (BNB) in market capitalization, becoming the world’s fourth-largest cryptocurrency. This follows a remarkable streak of growth, with Solana surpassing Ethereum’s performance in the previous 24 hours and achieving a record DEX daily volume number. Despite the downturn in the digital asset market, Solana has managed to surpass BNB in market capitalization, making it the fourth-largest crypto globally. The price and market cap of Solana have both increased by over 12% and over 9.58% in the last 24 hours. Currently trading at $204.2. This SOL has not been seen since 2021. Recent gains have given

Grayscale intends to introduce a spot Ethereum ETF and has submitted an updated application to the US SEC.
1 day ago 1 min read

Grayscale pushes for the first spot in Ethereum ETF despite facing regulatory hurdles

Grayscale intends to introduce a spot Ethereum ETF and has submitted an updated application to the US Securities and Exchange Commission (SEC). The company contends that the triumph of Ethereum futures ETFs bolsters the argument for a direct Ethereum ETF. The objective of Grayscale’s proposal is to transform its Ethereum Trust into an Exchange-Traded Fund (ETF) that may be traded on NYSE Arca. The company then presents the SEC’s previous endorsement of Ethereum futures ETFs, the successful monitoring of the market by the Chicago Mercantile Exchange, and the study of correlations by Coinbase as proof of their ability to handle

The US Department of Justice (DOJ) has recommended a jail sentence of 40-50 years for Sam Bankman-Fried
1 day ago 1 min read

DOJ wants 40-50 years prison and $11B fine for FTX’s Sam Bankman-Fried for fraud

The US Department of Justice (DOJ) has recommended a jail sentence of 40-50 years for Sam Bankman-Fried, the former director of FTX. Additionally, they have suggested imposing penalties and forfeitures amounting to $11 billion. In November, SBF was convicted on seven counts of fraud and conspiracy. The prosecutors contend that his behaviors, which included misleading investors, disseminating forged papers, and financing political campaigns, justify a significant period of incarceration. The DOJ has successfully retrieved over $1 billion and is now focused on recovering monies that were used for political donations, marking it as the most significant breach of campaign financing

Bitcoin's price has experienced a significant correction
4 days ago 1 min read

Over $700 million of short and long positions get liquidated as Bitcoin fell below $67,000

Bitcoin’s price has experienced a significant correction, trading below $67,000, a 8.9% drop in the last 24 hours. This has led to massive liquidations, with over $700 million long positions being liquidated. According to Coinglass, over $530 million in longs and $140 million in short positions have been liquidated, with $220 million in BTC longs being liquidated. Most liquidations occurred on Binance and OKX exchanges, with $248 million and $236 million respectively. Ethereum, the second-largest crypto in market cap, also dropped below $3,700, down 10% in the last 24 hours. The total net inflow of Bitcoin spot ETFs on March

Binance to remove trading pairs that include TrueUSD (TUSD) of Justin Sun
4 days ago 1 min read

Binance to remove trading pairs that include TrueUSD (TUSD) of Justin Sun

Binance exchange has announced the removal of many trading pairings that include TrueUSD (TUSD), a stablecoin associated with Tron creator Justin Sun. The decision to delist certain pairings is part of Binance’s normal assessment process to protect user safety and preserve the integrity of the trading ecosystem. The delisting of spot trading pairs is mostly caused by insufficient liquidity and trading volume. Nevertheless, the crypto exchange has made it clear that the delisting will not impact the accessibility of tokens on Binance Spot. This means that users can still engage in spot trading using the base and quote assets of

Memecoins DOGE, PEPE, WIF maintain a bullish trend amid market positive momentum
5 days ago 1 min read

Memecoins DOGE, PEPE, WIF maintain a bullish trend amid market positive momentum

The crypto market is now seeing a significant increase, as Bitcoin has surpassed the $73,700 level and Ethereum is approaching the $4,100 benchmark. This milestone establishes the conditions for future price movements in light of the impending Bitcoin halving. Memecoins, renowned for their unpredictable but very profitable characteristics, have also been attracting considerable interest. Dogecoin (DOGE), the original memecoin, has seen over 6% surge in value during the last 24 hours, resulting in a market capitalization of $25 billion and trade volumes of $2 billion. After Elon Musk hinted about the integration of DOGE payments for Tesla, the currency saw

Solana (SOL) has seen a significant recovery after 2 years
5 days ago 1 min read

Solana (SOL) approaches $200 mark after surging 50% in a month

Solana (SOL) has seen a significant recovery after 2 years, with a over 10% increase in market capitalization to $75 billion. In addition, SOL has seen over 27% increase in trading volume to $7 billion. The crypto is now 33% away from its all-time high (ATH) of $260.06 two years ago. Following this, crypto experts suggest that Solana is on the cusp of crossing the $180 price threshold, making it the most trending coin in the last 24 hours. In a month, Solana has seen a 50% surge, cementing its position as one of the most promising investments in the

Grayscale's GBTC sees over $10B outflow, marking a record withdrawal
5 days ago 1 min read

Grayscale’s GBTC sees over $10B outflow, marking a record withdrawal

Grayscale’s Bitcoin Trust (GBTC) has just been removed $10.6 billion, resulting in the second-largest outflow in the ETF industry over the last 15 years. The change in investor preferences is seen in the Vanguard S&P 500 ETF (VOO) taking the lead with over $258 billion in inflows, followed by the iShares Core S&P 500 ETF (IVV) and the Vanguard Total Stock Market ETF (VTI). Plus, exchange-traded funds (ETFs) such as SPDR Gold Shares (GLD) and SPDR S&P MidCap 400 ETF Trust (MDY) are experiencing significant withdrawals of funds. Furthermore, investors are reallocating their investments from gold exchange-traded funds (ETFs) to

Bitcoin (BTC) reached a new high of $73,709
6 days ago 1 min read

Bitcoin surges above $73,700 mark, reaching another high

Bitcoin (BTC) reached a new high of over $73,700, marking its fourth high in six days, driven by increased investments in US-based exchange-traded funds (ETFs) associated with the digital currency. The total net inflow into BTC spot ETFs reached an unprecedented $1.06 billion on March 12. Blackrock’s IBIT product amassed a record $849 million inflow. This renewed enthusiasm for crypto has boosted other digital currencies, with Ethereum seeing over 3.5% increase to around $4,080 and a 75% rise since the start of the year. Moreover, the Ethereum blockchain ecosystem is set to become more accessible with a significant software update

Ethereum Dencun also releases nine Ethereum Improvement Proposals (EIPs)
6 days ago 1 min read

The Dencun upgrade, the biggest Ethereum update ever is now live on the Ethereum mainnet

The Dencun upgrade, the biggest Ethereum update, has been enabled on the Ethereum mainnet. The upgrade uses EIP-4844, also known as Proto-Danksharding, to build a dedicated data channel on Ethereum for layer-2 data, drastically lowering transaction costs on rollups. In addition, Dencun also releases nine Ethereum Improvement Proposals (EIPs), tying it for the most upgrades released in a single hard fork. Following Dencun, the Ethereum foundation team stated that most rollups and their users will notice advantages within hours to days, since the availability of data blobs on Ethereum should reduce transaction costs by 5-10x. This tangible advantage to customers

PRESI surged by over 20,000% in the past 24 hours.
1 week ago 1 min read

This new meme coin surges by over 20,000% in the past 24 hours

The value of Turbo Trump (PRESI), a novel meme coin, has experienced a substantial surge in the last 24 hours subsequent to its listing on SushiSwap using a Base blockchain-based token. The new meme coin increased by over 20,000% in the past 24 hours. It is anticipated that the coin is a “fan version” of the original Turbo Trump coin. According to its founders, the coin will increase Donald Trump’s popularity in anticipation of the impending presidential election. Nonetheless, its durability is questionable as a result of its inexperience and unprofessional staff. Notwithstanding this, the presale for the Green Bitcoin

Cathie Wood of ARK Invest has revised her forecast that the price of Bitcoin will exceed $1 million by 2030
1 week ago 1 min read

ARK Invest’s Cathie Wood says Bitcoin will exceed $1M before 2030 amid ETF surge

Cathie Wood of ARK Invest has revised her prediction that the price of Bitcoin will exceed $1 million by 2030, citing the introduction of spot ETFs in the US and the increase in its value. Furthermore, Wood maintains that the advent of spot ETFs has had a substantial impact on the potential of Bitcoin, prompting her to reassert her confidence in its forthcoming expansion. Note that the approval of spot ETFs by the SEC is considered a turning point that accelerates ARK’s projections. Additionally, Wood notes that major financial institutions have not yet begun trading Bitcoin, which implies that the