Market News

These includes a regular updates on what is happening in the crypto market

Ethereum Drops By 5% as Genesis Moves $500 Million for Repayment

Genesis Trading, the beleaguered cryptocurrency brokerage firm, moved a staggering 16.6K BTC (approximately $1.1 billion) and 166.3K ETH ($521.1 million)…

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The Worse is not Over for Bitcoin. More Dips Ahead If This Happens

Bitcoin is facing a fresh dilemma associated with the upcoming US election in November. The asset may see further price…

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Hong Kong’s Largest Online Broker, Futu, Launches BTC and ETH Trading

Futu Securities International, Hong Kong’s largest online brokerage, has launched retail Bitcoin (BTC) and Ethereum (ETH) trading on its platform,…

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Terra Blockchain Suspends Operation Following Exploit; ASTRO Drops by 60%

The Terra blockchain has temporarily suspended all operations on its network at block height 11430400 following a security breach. Terra…

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Mt. Gox Makes Final Payment of $3B in Bitcoin; Market Remains Unfazed

According to data on Lookonchain, the defunct crypto exchange Mt. Gox moved 47,229 BTC, worth about $3.13B, at press time…

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XRP Whale Wallets Sees Significant Uptick in the Last 5 Weeks

According to on-chain data, whale wallets holding at least 10K XRP holders have drastically increased in the past 5 weeks.…

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Ethereum Spot ETF Continues Massive Outflows, Led by Grayscale’s ETHE

The newly launched spot Ethereum spot ETF in the United States recorded a net outflow of $98.29 million on July…

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This SEC Move Could Hasten EFT Application for Solana and Other Altcoins

The Securities and Exchange Commission (SEC) has made a significant shift in its approach to regulating the cryptocurrency market. In…

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A Neiro Developer Became a Millionaire After Flipping $550 to $2.85 Million

Neiro has experienced an astonishing surge in value, generating a profit of 5,169x for its developer, an equally rapid decline…

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Hong Kong Lawmaker Advocates Investing in Bitcoin for Official Financial Reserves

A Hong Kong lawmaker, Johnny Ng, has proposed investing a portion of the city’s fiscal reserves in Bitcoin to enhance…

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