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March Marks Record High in Bitcoin Trading Volume, Goldman Sachs Reports Crypto Options Surge

March 26, 2024

Bitcoin's trading volume on centralized exchanges (CEXs) noted a significant spike in March 2024, marking the highest recorded CEX volume since May 2021. The trading volume's increase offers insights into …

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Arbitrum DAO Contemplates $3.3M Memecoin Fund As TrueFi Announces Tokenization of Real-World Assets

March 26, 2024

The Decentralized Autonomous Organization (DAO) of Arbitrum, a prevalent Ethereum layer-2 blockchain network, is considering creating a $3.3 million memecoin fund. The proposition originated on the platform's discourse forum on …

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DeFi Education Fund and Beba LLC Sue SEC over Airdrop Classifications

March 25, 2024

The DeFi Education Fund and Beba LLC, a Texas-based apparel company, have jointly initiated a legal action against the US Securities and Exchange Commission (SEC). The entities are seeking legal …

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SEC Seeks $2 Billion Penalty from Ripple Labs

March 25, 2024

The U.S. Securities and Exchange Commission (SEC) is reportedly planning to ask a New York judge to impose a $2 billion judgment against the crypto firm Ripple Labs. This significant …

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FTX Disposes $884M Anthropic Shares, Revs Up Institutional Investor Interests

March 25, 2024

The leading crypto exchange, FTX is gearing up to sell a whopping $884 million of Anthropic shares to around two dozen institutional investors. This strategic move has caused FTX's FTT …

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Crypto ETNs to Begin Trading on London Stock Exchange from May 28

March 25, 2024

The London Stock Exchange (LSE) has announced its plans to commence trading of Bitcoin BTC and Ethereum ETH crypto exchange-traded notes (ETNs) from May 28 according to a notice published …

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Crypto Investment Products Witness $942 Million Outflow Amidst Market Correction

March 25, 2024

Following a spell of impressive record inflows, crypto-focused investment products saw a significant downturn last week, culminating in a total reported outflow of $942 million. This event indicates the end …

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Bitcoin Escalates Above $70,000 Amid Halving Buzz

March 25, 2024

Amidst Market Liquidations, Bitcoin SoarsAs anticipated by the cryptocurrency aficionados, Bitcoin has again reached a formidable price, crossing the $70,000 mark following a significant market rally. The surge marks an …

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Binance to Terminate Tron USDC Support; Faces Blockade in Philippines

March 25, 2024

Crypto exchange, Binance, has announced termination of support for Tron network-based USD Coin (USDC) stablecoins by April 5, following reports of Circle pulling out of the Tron blockchain. Binance users …

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Noteworthy Growth of Bitcoin Evident, Analysts Debate on Price Trajectory for 2024

March 25, 2024

Market Growth for BitcoinAs Bitcoin, also referred to as 'digital gold', hovers around $67,000, its market cap nears 10% of gold's massive $14.55 trillion, currently standing at an estimated of …

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