News

Bitcoin network activity shows a decline in transactions but a rise in settlement volume, “pointing to increased usage by large entities,” reported Glassnode on June 19. It added that a “clear divergence” has emerged between market…
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Around 34,000 Bitcoin options contracts will expire on Friday, June 20, and they have a notional value of roughly $3.3 billion. This event is slightly larger than last week’s options expiry, but the impact on spot markets is likely to be…
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BlackRock’s industry-leading USD Institutional Digital Fund (BUIDL) will become accepted as collateral on Crypto.com and Deribit, two of the industry’s largest exchanges. The move marks a “major turning point,” said Michael Sonnenshein, COO…
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Tether, the issuer of the world’s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for assisting in a major enforcement operation. The collaboration led to the seizure of approximately $225 million in…
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TL;DR After years of development, which included numerous delays and growing skepticism, Pi Network’s Open Network finally saw the light of day earlier this year. The team behind the project celebrated the first 100 days and outlined…
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Binance founder Changpeng Zhao (CZ) is urging crypto platforms to introduce a “will function.” This is to address the growing need for reliable inheritance systems in the digital assets space. Community Concerns In a statement shared on X,…
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A widely followed cryptocurrency analyst and trader predicts that one Solana (SOL)-based memecoin is on the verge of printing new all-time highs. The analyst, pseudonymously known as Bluntz, tells his 320,800 followers on the social media…
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The volatile bitcoin price moves continued in the past 24 hours due to the quickly developing situation in the Middle East, but the asset seemed to have calmed at around $105,000. However, more fluctuations are expected today as the US…
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Iranian cryptocurrency exchange Nobitex has suffered a security breach that led to the unauthorized transfer of approximately $48.65 million worth of crypto assets on the Tron network, according to on-chain sleuth ZachXBT. The exchange…
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On June 17, the Thai government approved in principle a tax exemption to promote the country as a Global Digital Asset Hub. Deputy Minister of Finance, Mr. Julapun Amornvivat, announced the measure, labelling it a move to increase…
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