Bitcoin's price decline today is attributed to on-chain data indicating a lag in BTC accumulation compared to the asset's issuance, alongside outflows from the spot BTC ETF.Source: www.cnbc.comBitcoin's price has experienced a notable decline, down 23% from its all-time high of $73,835 on March 14,

Robinhood's Crypto Trading Soars 224% in Q1 — SEC Action Deemed 'Disappointing'During a Q1 earnings call, Robinhood CEO Vladimir Tenev described the SEC's Wells notice as a "disappointing development." Despite this setback, Robinhood announced a remarkable 224% increase in crypto trading volumes, re

Grayscale has once again withdrawn its application for an Ethereum Futures ETF, this time just over two weeks before the deadline for the SEC to decide on at least one spot Ether ETF application. Source: coingape.comThe surprise move came as Grayscale filed a notice to withdraw its 19b-4 application

The Reserve Bank of India (RBI), under the leadership of Governor Shaktikanta Das, is progressing towards enhancing the functionality of its digital rupee to enable transactions without internet connectivity. This development aims to make the central bank digital currency (CBDC) as accessible and us

Susquehanna International Group Adds $1 Billion Worth of Bitcoin ETFs to Its PortfolioSusquehanna International Group disclosed to the Securities and Exchange Commission that it owns 17,271,326 shares in the Grayscale Bitcoin Trust (GBTC), valued at approximately $1.09 billion as of March 31, 2024.

As entering the year 2024, the cryptocurrency industry is experiencing a series of groundbreaking developments that signify a pivotal turning point. Notably, the approval of Bitcoin ETFs by various countries and the record-breaking rise in Bitcoin's ATH price are milestones that are likely to be rem

The analysis suggests that Bitcoin has emerged from its post-halving danger zone as it firmly establishes itself above the $60,000 reaccumulation range.Source:www.coinkolik.comAnalysts argue that Bitcoin may have surpassed the post-halving peril zone as its price surged above $65,000 on May 6, sugge

Franklin Templeton, an influential investment firm with assets over $1.5 trillion, has predicted that Solana could ascend to become the third-largest cryptocurrency by market capitalization. The firm lauded Solana for its resilience and the significant developmental efforts made to rectify recent ne

SEC Postpones Galaxy Spot Ethereum ETF Decision to JulyThe SEC has deferred its decision on Invesco Galaxy's Ether ETF application until July 5. This postponement provides the commission with extra time to comprehensively evaluate the proposed rule change and tackle any associated issues. The SEC em

1. BTC Market TrendFrom May 2 to May 5, the BTC price swung from $56,229.34 to $64,541.88, a 14.78% range. The US economic data released on May 3, coupled with the weakening dollar, drove attention. April witnessed a greater-than-expected job growth slowdown and wage cooling. Despite this, it’s prem