Cryptocurrency News

Three Arrows Capital Secures Court Approval to Increase FTX Claim to $1.53 Billion

A US bankruptcy court has granted Three Arrows Capital (3AC) permission to increase its claim against the collapsed exchange FTX to $1.53 billion, a significant boost from the original $120 ...

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Why Is Ethereum (ETH) Dropping Despite No Significant Liquidations? ITB Provides Insights

The price of ether (ETH) has been declining for months, with a recent plunge worsening the situation. However, the market intelligence firm IntoTheBlock noted that the latest drop hasn’t resulted ...

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Is a Solana ETF on the Horizon? CME Futures Indicate Significant Movement for SOL

In the past 24 hours, Solana’s price has remained stable at $126, marking a 12% drop over the past week. Over the past month, it has decreased by 35% and ...

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Report: Hong Kong Blockchain Industry Experiences 250% Growth Since 2022

Hong Kong’s blockchain application and software sector has seen a remarkable 250% growth since 2022, according to a recent report by InvestHK and partner organizations. This increase highlights the city’s ...

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Hyperliquid Strengthens Trading Regulations Following Significant $4M Loss – What’s Next?

Hyperliquid has revised its trading guidelines after facing a $4 million loss linked to a large-scale liquidation event, though its front-running altcoin may have ultimately gained from the situation. Initially, ...

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Solana Community Votes Against SIMD-0228 in a Landmark Decision as Smaller Validators Influence the Result

In what has been described as the largest governance vote in crypto history, the Solana community decisively rejected SIMD-0228. This proposal aimed to introduce a dynamic emission schedule for staking ...

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Survey Reveals 30% of Russian Banks Reluctant to Embrace CBDC Adoption

The implementation of Russia’s Central Bank Digital Currency (CBDC), known as the digital ruble, is facing considerable challenges. A recent survey indicates that nearly 30% of banks are not prepared ...

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As Gold Prices Near $3K, Why Is Bitcoin Struggling to Catch Up?

Over the past six months, Bitcoin and gold have taken vastly different paths, posing challenges for the world’s largest cryptocurrency. Gold has been reaching new heights and is nearing the ...

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VanEck Asserts Bitcoin Reserves Could Help Offset $21 Trillion US Debt by 2049

VanEck has projected that the United States could potentially reduce its national debt by $21 trillion over the next 24 years. The firm’s analysts suggest this could be accomplished by ...

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Bitcoin ETFs Experience 9 Red Days in 11 – Is the Euphoria Fading?

The appetite for Bitcoin within the US appears to have diminished, particularly in terms of transactions via exchange-traded funds (ETFs) based locally. Data from FarSide indicates that February has been ...

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