In a recent discussion on X, CryptoQuant founder Ki Young Ju expressed alarm over the continuous flow of capital into spot Bitcoin ETFs. Ju cautioned that if this trend persists, there could be a sell-side liquidity crisis within a span of six months. He stressed that “Bears can’t win this game until spot Bitcoin ETF
The Tensor Foundation is setting its sights on transforming the world of Solana NFTs with its TNSR token. Since its debut in 2022, Tensor has quickly risen to become a major player in the Solana NFT marketplace, boasting an impressive 33.49% market share. However, the foundation is not content with just being a contender; it
Studio369, the masterminds behind the open-world PvP mech combat game MetalCore, have recently made waves in the gaming industry by securing a significant investment of $5 million. This influx of funding is set to propel the development and enhancement of MetalCore to new heights, promising players a gaming experience like never before. The game, which
Recently, Coinbase made an announcement regarding its plans to launch a $1 billion bond offering aimed at raising funds for its growth and expansion. This move comes amidst a period of positive momentum in the crypto market, where investors have witnessed significant increases in the value of digital assets such as Bitcoin. With the intention
The upcoming Dencun upgrade for the Ethereum (ETH) ecosystem is generating significant buzz as it promises to revolutionize the network and drive cost reductions on Layer 2 (L2) networks. With the update scheduled for March 13, many are eagerly anticipating the changes it will bring and the improvements it will make to the overall user
The Securities and Exchange Commission (SEC) in Thailand has recently made a significant change to its regulations, allowing the creation of private funds that focus on investing in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. However, this opportunity is currently only available to institutional investors and high-net-worth individuals. The SEC Secretary-General, Pornanong Budsaratragoon,
Bitcoin mining earnings have recently hit an all-time high, reflecting the current surge in the value of the leading cryptocurrency. As reported by CryptoQuant, miners generated a daily revenue of $78.6 million on March 7, surpassing the previous record established during the peak of the crypto boom in April 2021. This increase in earnings can
In a recent development, stablecoin issuer Tether joined forces with the US Department of Justice and the FBI to seize $1.4 million USDT linked to a tech support scam network. This scheme specifically targeted vulnerable elderly individuals through deceptive pop-up ads. These ads would falsely alert victims to compromised devices, prompting them to seek help
Bitcoin’s recent rally to a new all-time high above $70,000 has caught the attention of many experts and analysts. Contrary to traditional patterns, the leading cryptocurrency still has a long journey ahead according to most experts. Drawing from historical data and recent market behavior, analysts at Rekt Capital have noted some interesting trends. Typically, Bitcoin
Litecoin (LTC) has experienced a 1% increase in the past 24 hours, bringing its price to $96.44. This marks a 21% increase over the past week and a 33% gain over the last 30 days. However, despite these gains, Litecoin has only appreciated by 40% in the past year, leaving room for further growth to
