Market News

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

Blackrock Buy $200M Bitcoin Amidst Market Flurry Sell-off

Fidelity, Bitwise, Ark, Invesco, and VanEck all reported selling off portions of their Bitcoin holdings, BlackRock, the world’s largest asset…

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Bybit Launches Exclusive Rewards for Asian Cardholders

In a recent Press Release, popular cryptocurrency firm Bybit has launched exclusive rewards for Japan Credit Bureau (JCB), Visa, or Mastercard…

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Is Binance Planning to Sell 30,000 BTC? Here’s What We Know

Observers saw a significant move from Binance’s Bitcoin cold wallet on August 27, 2024, sparking speculations about the potential sale of substantial…

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China Extradites Alleged Crypto Pyramid Scheme Mastermind from Thailand

In a significant development in the ongoing crackdown on financial crimes, China authorities have extradited Zhang Moumou, the alleged mastermind…

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AIIB Breaks Ground with First Blockchain-Backed Bond $300M Issuance

The Asian Infrastructure Investment Bank (AIIB) has taken a significant step towards the digitalization of capital markets with its inaugural…

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Fed Chairman Powell Spur the Market into Flurry Whale Bull-runs

Federal Reserve Chairman Jerome Powell, in his keynote address at the Fed’s annual Jackson Hole retreat, signaled a shift in…

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Institutions Resume Buying as Crypto Products Sees $30M Inflow Last Week

According to CoinShares, the crypto products landscape saw a modest total inflow of US$30 million last week, signifying a period…

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Australian are Buying the Dip! Australia’s Bitcoin ETF Sees Notable Inflow

Australians are buying the dip via the Australian Bitcoin ETF. As of August 16, 2024, the Aussie ETF holds 115…

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TronDAO Sees 124% Spike in Transactions Amid SunPumpMeme Hype

According to a tweet by blockchain analytics platform IntoTheBlock, TronDao recorded a 124% increase in transactions recently. “The @trondao ecosystem…

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Bitcoin Funding Rates Plunge on Binance: Is a Downtrend to Follow?

The cryptocurrency market is experiencing heightened volatility, with Bitcoin funding rates on Binance reaching their lowest levels year-to-date. This negative trend,…

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