September 6, 2023 Why PEPE might no longer be a whale favorite Large PEPE holders sold at a loss, raising doubts about the token’s prospects. Despite a drop in social engagement, PEPE’s sentiment remained positive. Despite…
September 6, 2023 FTX reorganizing on-chain assets by bridging tokens, consolidating holdings Bankrupt crypto exchange FTX revealed in a tweet on Sept. 6 that it is in the process of moving its cryptocurrency holdings. The company…
September 6, 2023 Bitcoin miner troubles reveal this about the state of BTC mining Bitcoin miners face some pressure but current market conditions could still be considered workable. Bitcoin miner reserves stand at a premium compared to YTD…
September 6, 2023 Latest Bitcoin ETF Delay Could Mean Something Completely Different For Bitcoin Spark The crypto space evolves rapidly, and recent events surrounding the delay of a Bitcoin Exchange-Traded Fund (ETF) approval have raised questions about the broader…
September 6, 2023 Fading Bitcoin open interest might hint at imminent market stability Quick Take The current Bitcoin open interest is on an unprecedented low trajectory, nearing year-to-date (YTD) lows with approximately 400,000 Bitcoin in open interest…
September 6, 2023 Change to US accounting rules will be a boon to companies holding crypto in 2025 The FASB has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility….
September 6, 2023 Ark, 21Shares apply for spot Ethereum ETF Ark Investment Management and 21Shares have filed to offer a spot Ethereum exchange-traded fund (ETF), Bloomberg reported on Sept. 6. The two companies submitted…
September 6, 2023 Following SEC delays, Ark Invest and 21Shares file for spot Ether ETF The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC, and recently proposed listings of two Ether futures ETFs….
September 6, 2023 Here’s how SOL reacted to the Visa-Solana partnership Solana will now be used to settle USDC stablecoin payment for Visa. SOL’s weighted funding rate turned positive after the Visa announcement. Solana [SOL]…
September 6, 2023 Genesis sues parent company DCG, other affiliate for $600M in overdue loans DCG borrowed $500,000 from its subsidiary last year and DCG Investments borrowed over 18,000 BTC and both have allegedly defaulted. Bankrupt cryptocurrency lender Genesis…