TLDR: Binance launched BFUSD, a margin reward asset offering approximately 19.55% APY BFUSD is not a stable coin but a futures trading product with daily rewards The token maintains a 105.54% collateralization rate backed by USDT reserves Not available in…
TLDR The crypto market saw sharp declines, with Bitcoin falling 5% from its peak of $102,000 Strong US labor market data and stable interest rate forecasts from the Fed dampened hopes of an easing of monetary policy Ethereum, XRP, Solana…
BlackRock’s Global Allocation Fund increased its holdings position in iShares Bitcoin Trust (IBIT) by 117%, totaling $17.1 billion as of Oct. 31, according to a new filing with the U.S. Securities and Exchange Commission (SEC). As of December 24, ETF…
On-chain data shows that HODLing sentiment on the Ethereum network has grown in 2024 while that sentiment on Bitcoin has lost strength. 75% of all Ethereum addresses are long-term holders In a new one post on X, market intelligence platform…
Important takeaways Bitcoin price fell below $100,000 due to a hawkish Federal Reserve stance. Meme tokens experienced sharp declines during the market selloff. Bitcoin fell nearly 6% to trade below $100,000 amid a market-wide selloff after the Fed adopted a…
Key conclusions MicroStrategy shareholders will vote to increase the authorized common stock to 10.3 billion shares. The vote will address changes to the company’s equity incentive plan and procedural changes for directors. MicroStrategy shareholders will vote on key proposals to…
Key Street Shops FTX creditor refunds will begin within 60 days of January 3, 2025. BitGo and Kraken were appointed as distribution managers, requiring creditors to use the FTX Customer Portal for Debtors for KYC and tax submissions. After a…
The US-based development and business intelligence company will continue with its plan to build its bitcoins, implementing its strategy of getting significant investments in cryptocurrencies. Despite collecting a huge amount BitcoinMicroStrategi plans to increase its BTC funds using the estimated…
TLDR Justin Sun has applied to withdraw 52,905 ETH (value ~$209 million) from Lido, part of a larger accumulation strategy involving 392,474 ETH purchased between February and August Sun recently sold 29,920 ETH worth $119.7 million to the HTX exchange…
Dogecoin price could be preparing for what looks like another remarkable rally after that recent performance since the beginning of January. Dogecoin, which spent most of the last two weeks of December in a slump, has regained momentum this month…
