"Despite Bitcoin's positive investor returns, the BTC network's processing and transfer volume has dropped sharply since the price peak," on-chain analytics firm Glassnode reports. This suggests that speculative appetite in the market has decreased and uncertainty has increased." The data shows...
Ethereum infrastructure developer Consensus has announced that "the U.S. Securities and Exchange Commission (SEC) has informed us that it is closing its investigation into Ethereum 2.0. This means that the SEC will not prosecute the sale of ETH as a securities transaction. While this is a very...
Arthur Hayes, co-founder of BitMEX, told X: "The market is moving sideways, but I like the price of Shitcoin. I'm buying more PENDLE and DOGE." Arthur Hayes also mentioned the possibility of a DOGE spot ETF in a YouTube broadcast this month. The alleged address also staked 1.65 million PENDLE...
"Two issuers of Ethereum (ETH) spot ETFs received comments from the U.S. Securities and Exchange Commission (SEC) last week on their S-1 filings and are preparing amendments," The Block reports, citing anonymous sources. The amendments are due today (April 21)." While one of the issuers said the...
The amount of Ethereum (ETH) deposited by large holders into off-exchange wallets has reached its highest level since May 2018. This has led to speculation that the price of ETH could surge. On-chain analytics platform Santiment reported in a report on Friday that ETH deposits in exchange wallets...
Bitfinex whales cleaned out 2,000 BTC worth of long positions on Nov. 13 (local time)," WuBlockchain reported, citing crypto data platform Datamish. The current BTC long position size on Bitfinex is 48,464 BTC." On the other hand, crypto on-chain analytics platform Santiment reported that "The...
BTC exchange inflows are the lowest since December 2021 “BTC exchange inflows are currently at their lowest level since December 2021 (94.2K BTC),” crypto on-chain analytics platform Santiment reported via X. “Historically, lower BTC inflows have reduced selling pressure across all...
Arthur Hayes, co-founder of BitMEX, and Raoul Pal, CEO of financial services firm Real Vision, said in a YouTube broadcast that a spot ETF for Dogecoin (DOGE) could be on the way. “DOGE has the advantage of being uniquely positioned as the original meme coin,” Pal said, while Arthur Hayes said,...
“The U.S. Securities and Exchange Commission (SEC) has reportedly yet to provide feedback on the securities registration statements (S-1s) filed by Ethereum (ETH) spot ETF issuers,” cryptocurrency media outlet The Block reported on May 11, citing two sources familiar with the matter. “A number of...
As of 8 a.m. on Tuesday, the price of bitcoin was up 0.41% from 24 hours earlier to $69,622, according to cryptocurrency market tracker CoinMarketCap. At the same time, ethereum, the leading altcoin, was trading at $3706, up 0.81% from the previous day, and ripple was up 1.01% at $0.494. Earlier,...
The Bank of Canada lowered its benchmark interest rate by 0.25% for the first time since 2020. Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, commented: “The Bank of Canada cut rates today. The European Central Bank (ECB) is also expected to cut rates today. This summer is...
“ETH price growth will start to overtake BTC after the launch of an Ethereum (ETH) spot ETF in the US,” crypto research firm K33 Research said in a recent report. “Based on the size of open interest in ETH futures contracts on the Chicago Mercantile Exchange (CME), we estimate that the first five...
