Japan's regulators remain cautious on spot crypto ETFs despite a global shift towards approval, according to Sumitomo Mitsui Trust Asset Management.
Cryptocurrency Market Today: The global cryptocurrency business has dipped by 0.97%, bringing the total market cap to $2.31 trillion. Despite the decline in 24-hour trading volume—down 14.81% to $71.28 billion—the Fear & Greed Index remains neutral at 56.
Cryptocurrency Market Today: The global cryptocurrency business has dipped by 0.97%, bringing the total market cap to $2.31 trillion. Despite the decline in 24-hour trading volume—down 14.81% to $71.28 billion—the Fear & Greed Index remains neutral at 56.
A fresh wave of pro-crypto candidates is set to enter the next Congress with support from both parties. These lawmakers range from Democrats advocating for financial inclusion to Republicans touting economic freedom through crypto.
Recently, many regulatory officials have pointed out the challenges faced due to the absence of a proper regulatory framework to oversee cryptocurrencies. A recent report indicates that the US Congress may implement a permanent solution to this issue before the end of this year.
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. experienced a reversal in daily flows on Tuesday, marking the end of a seven-day streak of net inflows.
On-chain movements for ChainLink look bearish as the asset dips again. Some investors are trying to either take profits or offset losses.
After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation?
Yuichiro Tamaki, leader of Japan's Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased leverage for crypto trading.
Render is testing a key symmetrical triangle support level as it sends signals of a starting bullish run.
Bitcoin has successfully received support at $66,800, which is a huge win for the crypto community. Even though btc failed from the $70,000 level, it has prevented a huge fall. Just a 4% correction which is considered healthy in case of the largest crypto.Let's see what are the things happening in the market.
Bitcoin exchange-traded funds (ETFs) registered an impressive $294.29 million in net inflows, demonstrating resilient investor confidence even as Bitcoin's price dipped below the $67,000 mark. This surge in inflows marks a remarkable trend for the ETF market, continuing a streak of positive momentum despite recent price fluctuations in the cryptocurrency market.
Tethers stablecoin USDT has hit a new milestone, surpassing a $120 billion market capitalization for the first time, possibly signalling positive sentiment for the broader crypto market. In an Oct.
On-chain data indicates that Tesla Inc. has retained its entire Bitcoin holdings, dispelling recent speculation about a potential sale. Last week, blockchain analytics firm Arkham Intelligence reported that Tesla had transferred its entire stash of 11,509 BTC—currently valued at over $776 million—to new, unidentified wallets.
A controversial take on Bitcoin (CRYPTO: BTC) self-custody by MicroStrategy CEO Michael Saylor has riled up privacy advocates, prompting disagreements and counter-arguments. What happened: During a recent interview, Saylor called the narrative a "myth and trope" propagated by "paranoid crypto-anarchists.
Metaplanet's aggressive Bitcoin acquisition strategy has earned it the nickname "Asia's MicroStrategy."
A surge in blob fees on Ethereum, reaching $4.52, was triggered by Scroll's airdrop, marking the third major fee spike since the network's Dencun upgrade in March.
Representative French Hill says two crypto-regulating bills in the US might make some progress on Capitol Hill before the current Congress disbands.
Billionaire hedge fund veteran Paul Tudor Jones is going long on Bitcoin and commodities after issuing a dire warning about inflation.
Binance introduces FDUSD Fixed Rate Locked Products offering a 16.2% APR. The promotion runs from October 23 to November 5, 2024, on a first-come, first-served basis.
The bitcoin price is falling back after failing to breach $70,000 as the traders appear to have turned bearish on the crypto. The price is consolidating tightly within a range, displaying minimal possibility of a breakout in the near future.
Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin.
Cat-themed Popcat (POPCAT) shrugged off declines in the meme coin space to emerge as one of the market's biggest gainers on Tuesday. What happened: The Solana (CRYPTO: SOL)–based coin rose 5.63% in the last 24 hours, becoming the second-best-performing cryptocurrency in the market.
The approval of a DOGE Exchange-Traded Fund (ETF) could significantly impact the Dogecoin price, potentially driving it to new heights. Given the previous market response to Bitcoin ETFs, an approved Dogecoin ETF would likely attract substantial institutional investment and enhance market liquidity.
The Artificial Superintelligence Alliance token, FET, is currently at a pivotal moment as it approaches the significant resistance level of $1.49. The altcoin has been on a bullish path since breaking through a descending trendline that had previously served as resistance.
As the US presidential election approaches, the crypto community is buzzing with speculation regarding how the outcome will affect the Bitcoin price. With just 15 days until the election between former President Donald Trump and Vice President Kamala Harris, options traders are increasingly optimistic about a new all-time high for Bitcoin, regardless of who wins the presidency.
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto's Seamoon Protocol, which aims to create a Web3 economic hub for businesses and creators.
The backlash against MicroStrategy co-founder Michael Saylor continues to grow, with Ethereum's Vitalik Buterin recently describing his comments as "batsh*t insane" in a social media post.
Electric vehicle giant Tesla is believed to still hold its entire Bitcoin investment, valued at $780 million, despite transferring the funds to unknown wallets earlier this month.
In the ongoing Ripple lawsuit, the blockchain startup is seen flexing muscles at the last moment as it approaches the Form C submission deadline. Ripple co-founder Chris Larsen finally filed the Notice of Appearance as the US Appeals Court for the Second Circuit snubbed the firm a day before warning them of procedural default.
Solana struggled to clear the $172 resistance zone. SOL price is correcting gains and might soon test the $162 support zone.
Bitcoin (BTC) continues to capture global attention, miners are recalibrating their strategies to boost profitability and diversify their service offerings. With Bitcoin trading around $67,713, the concept of hashrate—the computational power used to secure and process transactions—has taken center stage.
The 12 spot bitcoin ETFs reported total net outflows of $79.09 million on Tuesday, ending a seven-day inflow streak.
USDT market cap has surged past $120 billion, driven by its trading volume on Ethereum and Tron.
Crypto enthusiasts are once again demonstrating their confidence in Ethereum, the second-largest digital asset capability in the ongoing cycle, with some experts predicting that ETH could be witnessing a historical price rally to unprecedented heights at the peak of this bull cycle.
Billionaire hedge fund manager Paul Tudor Jones, CEO of Tudor Investment Corporation, recently shared his concerns about inflation and its impact on the economy during an interview with CNBC.
Elon Musk's EV juggernaut Tesla Inc. (NASDAQ:TSLA) was reportedly still in possession of its Bitcoin (CRYPTO: BTC) holdings, and the recent transfers were nothing but reallocation.
The City of Buenos Aires has announced a new collaboration with ZKSync, allowing 3.6 million citizens to use blockchain technology for their digital identity. Over 60 documents are accessible through this platform.
Cryptocurrency Prices Today (October 23): The broader market on Wednesday illustrated mixed price actions, setting off waves of speculation among market watchers globally. Bitcoin (BTC) price held the $66K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices struggled to gain a significant upward momentum.
Bitcoin core developer Peter Todd says he faces ongoing harassment after an Oct. 8 HBO documentary wrongly identified him as Satoshi Nakamoto. He claims many people have contacted him, asking for money.
Upbit has officially listed Solanas meme coin, BONK, for spot trading with the USDT pair, causing a 30% spike in trading volume and a 7% price increase within an hour of the announcement. Investors anticipate further price rallies as the coin forms a bullish golden cross.
Shiba Inus Shibarium saw an astonishing 3,370% jump in transactions within days, skyrocketing from 3,690 to over 324,000. The surge hints at growing community adoption, though the exact trigger remains unclear.
Solanas price stayed strong, rising 9.3% for the week, despite Pump.fun selling $6.6 million worth of SOL. With $47 million still held, whales are on high alert for the next market twist.
Market participants have pulled 29,378 ETH from exchanges, indicating a shift towards holding rather than trading. This contrasts with recent activity where 312,183 ETH were deposited, showing mixed behaviors among investors.
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is building and growing, looking at the number of processed volumes over the years. Uniswap Processes Over $2 Trillion On Ethereum Since launching in late 2018, on-chain data shows that the DEX has processed over $2 trillion in cumulative volume on the Ethereum mainnet.
Blockchain intelligence firm Arkham has reported that Tesla maintains ownership of 11,509 Bitcoin (BTC) worth approximately $770 million. The tweet from Arkham was following Tesla's recent wallet movements.
XRP is predicted to soar past $16, potentially overtaking Ethereum in 2025, as forecasted by crypto influencer Ben Armstrong. He attributes XRPs rise to its growing use in global banking and cross-border payments, positioning it as a unique asset in the crypto space.