Bitcoin: How a surge on this front could be ‘dangerous’ for BTC
Bitcoin perpetual swaps funding rates have rallied to multi-year highs on Binance and Bybit. The Crypto Fear & Greed Index showed that the market is in a state of extreme greed. Bitcoin [BTC] borrowing costs on leading cryptocurrency exchanges like Binance…
Nigeria’s SEC proposes crypto exchange registration fee hike from N30 million to N150million
The Securities and Exchange Commission (SEC) of Nigeria has proposed a revision to the regulations governing platforms providing cryptocurrency services. This includes a proposal to increase the registration fee for cryptocurrency exchanges from 30 million naira ($18,620) to 150 million…
Crypto Carnage: Bitcoin’s Slide Below $69,000 Triggers Massive $700 Million Liquidation
Over $700 million in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and other digital assets were liquidated in just 24 hours, as Bitcoin’s value dipped below its previous all-time high. Market intelligence platformCoinglass highlighted in a report that $260 million in…
Ethereum: Will fresh demand again push ETH past $4K?
New demand for Ethereum now sits at a year-to-date high. Its DeFi and NFT sectors, however, witnessed declines in the past week. The daily count of new addresses on Ethereum [ETH] assessed on a seven-day moving average reached a year-to-date (YTD) high…
5 Things You Need To Know About Vanguard ETFs: Why There’s No Bitcoin ETF In Their Lineup?
Vanguard has become a towering figure in the world of exchange-traded funds (ETFs). As investors increasingly turn to ETFs for their diversification, lower costs, and liquidity, understanding the offerings and strategies of major players like Vanguard is essential. Yet, amidst…
El Salvador President Nayib Bukele Transfers $400M Worth BTC To Vault: ‘Call It Our First Bitcoin Piggy Bank’
The Central American country of El Salvador said it strengthened the security of its Bitcoin (CRYPTO: BTC) investments. What Happened: This week, the nation transferred $400 million in Bitcoin to a safer storage option known as a cold wallet. President…
Trump Or Biden? New Poll Reveals Which 2024 Candidate Voters With Crypto Holdings Surprisingly Prefer
A new poll reveals that former Donald Trump is currently the top choice for U.S. voters who own cryptocurrencies. What Happened: Paradigm, an investment company focused on crypto, commissioned the survey which was conducted by Public Opinion Strategies and released…
MicroStrategy raises another $500 million to enter “The 1% Club”
By Coinrule Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Michael Saylor and MicroStrategy are once again upping the ante….
Cathie Wood’s Ark Offloads $20M Of Soaring Robinhood, Pauses Selloff In This Crypto Play
Robinhood Markets, Inc. (NASDAQ:HOOD) shares outperformed the market on Thursday, rallying strongly. Cathie Wood’s Ark Invest took advantage of this opportunity to sell some of its holdings. What Happened: Ark through its flagship Ark Innovation ETF (NYSE:ARKK), Ark Next Generation…
Bitcoin maximalist predicts $100k for BTC in April, but…
Bitcoin [BTC] has maintained a double-digit rally since Q4 2023. The leading cryptocurrency by market cap was up 56.8% in Q4 2023. In the current quarter, Q1 2024, BTC posted +60% at the time of writing based on data from TradingView….