In a surprising move, Bybit has recently removed China from the list of countries whose citizens are restricted from using its services. This decision was confirmed by CryptoSlate on June 5 through the exchange’s website. While China is now off the restricted list, other countries such as the United States, the United Kingdom, Canada, Singapore,
Real-world assets have gained notable popularity in the cryptocurrency space as they represent physical assets such as properties and objects. These assets operate through smart contracts and blockchains and have shown massive growth, boasting a market capitalization running into billions of dollars. Santiment, an on-chain analytics firm, has revealed that Chainlink (LINK) is leading the
In recent months, a significant trend has emerged in the world of Bitcoin – large holders, also known as “whales,” are accumulating more tokens. Data shows that a select group of whale addresses now collectively possess over 40% of the total Bitcoin supply. This accumulation by whales, particularly those holding over 1,000 BTC, has been
In a surprising turn of events, a whale investor has recently been making headlines for their extraordinary accumulation of Shiba Inu (SHIB) tokens. Over the course of just six hours, this investor spent a whopping 4,849 ETH, equivalent to approximately $18.44 million, to acquire an astounding 715.9 billion SHIB. This massive buying spree is a
The crypto market has continued to showcase its dominance over traditional assets like Gold, with Bitcoin, Ethereum, and Solana leading the way. According to a recent report, these digital assets have outperformed major traditional assets, boasting annualized returns of 141%, 152%, and 224%, respectively. In comparison, the best traditional asset, NDX, only has an annualized
There is a growing level of anticipation and excitement surrounding the upcoming launch of spot Ethereum ETFs in the United States. Research conducted by K33 suggests that these investment vehicles could potentially attract a substantial amount of capital in a relatively short period of time. It is projected that approximately $4 billion could flow into
In the midst of the 2024 bull run, the native token of the world’s largest cryptocurrency exchange, Binance, has finally managed to steal the spotlight. After being on the sidelines for a significant portion of the rally, BNB has soared past $700 and achieved a new all-time high. Its market cap has also experienced explosive
Bitcoin, the mysterious digital currency, has once again captured the attention of many as the US banking system faces increasing pressure. While some believe that Bitcoin could skyrocket to $1 million per coin due to economic uncertainties, others remain unconvinced. Proponents of Bitcoin argue that its finite supply and decentralized nature make it a stable
The upcoming House Appropriation budget poses a significant challenge to the US Securities and Exchange Commission (SEC) in implementing its controversial Staff Accounting Bulletin 121 (SAB 121). The budget bill aims to prohibit the use of appropriated funds by the SEC to enforce the rule, creating a roadblock for the regulatory body. Political Dynamics in
The perception of cryptocurrencies in Washington is undergoing a significant transformation, according to Bitwise CIO Matt Hougan. In a recent memo, he highlighted the evolving attitude of US politicians towards crypto, noting a positive shift that has been largely overlooked by the market. Hougan believes that if the impact of this change had been properly
