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MicroStrategy Amplifies Bitcoin Holdings, Secures Over 1% of Global Supply

March 19, 2024

Business intelligence firm MicroStrategy has further deepened its investment in Bitcoin, purchasing an additional 9,245 bitcoins for $623 million. This latest acquisition, as per a recent filing with the US …

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Grayscale Indicates Potential Fee Reduction for Bitcoin ETF

March 19, 2024

Grayscale Bitcoin exchange-traded fund (GBTC) may witness a gradual decrease in fees as the market matures, as indicated by the company CEO Michael Sonnenshein. The firm previously maintained its ETF …

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Binance Co-founder Announces Giggle Academy amid Legal Troubles and U.S. KYC Enhancements

March 19, 2024

Changpeng Zhao, co-founder of Binance, is set to launch a non-profit educational platform, Giggle Academy, amid ongoing legal issues. This announcement followed Zhao's cryptic message on social media hinting at …

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Bitcoin and Ethereum Face Troubles amid Market Decline

March 19, 2024

The cryptocurrency market, dominated by Bitcoin and Ethereum, are facing uncertainty with bearish structure changes and extended losses in the market. In past day, more than $500 million of long …

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Bitcoin Plummets to $8900 on BitMEX Amid Massive Sell-Off

March 19, 2024

BitMEX experienced an extraordinary event as a rogue user offloaded more than 400 BTC on the exchange, resulting in a sudden price drop of Bitcoin to as low as $8900. …

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Japan's GPIF Explores Bitcoin for Diversification Strategy

March 19, 2024

The Government Pension Investment Fund (GPIF) of Japan, the world's foremost pension fund with massive assets of $1.5 trillion, has triggered an interest in Bitcoin as a potential diversification strategy. …

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Bitcoin Faces $623 Million Liquidations as Price Falls Below $64,000

March 19, 2024

Bitcoin and other cryptocurrencies faced significant liquidation challenges as the Bitcoin price fell below $64,000 for the first time in about two weeks. Overall, this slump resulted in approximately $623 …

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Learn Concept: The Impact of Stablecoin Regulations on Crypto Exchanges

March 19, 2024

With the rise of cryptocurrencies, many countries and regions worldwide are planning to implement stringent regulatory measures. One such region is the European Union (EU), which is setting up draft …

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Fidelity Stakes Ethereum in Possible ETF Offering, Market Reactions Mixed

March 19, 2024

Leading investment firm Fidelity Investments has announced an amendment to its pending Ethereum (ETH) exchange-traded fund (ETF) application. The amendment aims to introduce a staking feature that could potentially boost …

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SEC Cracks Down on 'AI Washing' in Financial Sector

March 19, 2024

The United States Securities Exchange Commission (SEC) chair Gary Gensler has condemned practices of 'AI washing' in the financial sector, warning that inaccurate claims about use of artificial intelligence (AI) …

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