Grayscale CEO Expects GBTC Outflows to ‘Reach Equilibrium:’ Report
Michael Sonnessien, the CEO of Grayscale, anticipates that withdrawals from the Grayscale Bitcoin ETF (GBTC) will even out and balance at a certain point. Since January, when the SEC gave…
Litecoin (LTC) Price Analysis: This Support Holds The Key To Fresh Increase
Litecoin is holding gains above the $92.00 support against the US Dollar. LTC price is now trading below $100.00 and the 55 simple moving average (4 hours). There is a…
SEC Files Notice Of Intent To Sue Uniswap Labs
The SEC is taking enforcement action against a major player in the decentralized finance sector of the cryptocurrency market. On Wednesday, Uniswap Labs, the firm managing the biggest decentralized exchange…
Circle’s USDC Stablecoin Lands on zkSync Layer 2 Rollup
Circle, a fintech company and stablecoin creator, has revealed that users can now directly access the USDC native currency on zkSync, the popular layer 2 scaling solution. This means that…
Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print
On Wednesday, Bitcoin (BTC) bounced back up to $70,000 after experiencing a sudden drop in response to unexpectedly high U.S. inflation figures for March. During early U.S. hours, Bitcoin dipped…
Ripple (XRP) Ready for a ‘Huge Bullish Tide,’ $1 Incoming?
TL;DR XRP has seen significant volatility recently, with predictions suggesting a potential surge to $4 by early 2025. The anticipation of Ripple’s trial with the SEC on April 23 adds…
Hong Kong’s Incoming Spot Bitcoin ETFs Could Be ‘Big Deal.’ Here’s What Analysts Say
There’s growing excitement in the US about potential spot Bitcoin ETFs, which could lead to significant inflows and boost Bitcoin‘s price to new record highs. Recently, Hong Kong regulators have…
Former Ethereum Adviser Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges
Steven Nerayoff, a former adviser to the Ethereum network, is seeking $9.6 billion in damages from the U.S. government stemming from a 2019 case against him that was later dropped.…
Important Binance Announcement Affecting WIF and PEPE Traders
TL;DR Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section. Binance Loans allows users to…
DeFi Exchange Uniswap Receives Enforcement Notice from the SEC
The U.S. Securities and Exchange Commission (SEC) announced its intention to take legal action against decentralized crypto exchange Uniswap, as revealed by the company on Wednesday. Uniswap’s native token, UNI,…