Hyperliquid faces a $4.2M liquidity loss after a whale’s risky Ethereum trade, leading to a rethink of leverage strategies on the platform.
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Binance, the world’s largest cryptocurrency exchange, has secured its first institutional investment in a landmark $2 billion deal with Abu Dhabi-based AI and technology investor MGX. The transaction, the largest-ever investment into a crypto company and the largest paid in cryptocurrency, underscores the growing role of blockchain technology in global finance. The investment, announced on…
The United States Securities and Exchange Commission has delayed the approval of various Spot Exchange-Traded Funds filed by multiple asset managers. The Commission has delayed the approval of VanEck’s Spot Solana ETF, Canary’s Spot Solana ETF, Canary Spot XRP ETF, Grayscale’s Spot XRP ETF, and Grayscale’s Spot Dogecoin ETF. Various asset managers filed for the…
Bitcoin exchange-traded funds (ETFs) have become a critical pulse check of investor sentiment since the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024. Yesterday, the Bitcoin (ETFs) in the United States experienced significant outflows, reflecting the bearish sentiment in the market today. Farside Investors UK revealed that yesterday's net outflow…
Metaplanet Inc., a publicly traded investment firm, has announced the acquisition of an additional 162 bitcoin (BTC) for approximately $13.5 million, at an average price of $83,123 per BTC. Notably, this purchase brings the company’s total bitcoin holdings to 3,050 BTC, valued at around $253.7 million. The firm disclosed its latest purchase in an official…
U.S. job openings rose to 7.74 million in January, signaling strong labor demand despite federal layoffs under DOGE. Unemployment rate increases to 4.1%.
Bitwise launches the OWNB ETF, tracking companies holding Bitcoin on their balance sheets, providing exposure without direct Bitcoin investment.
Popular global investment firm, Franklin Templeton has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Franklin XRP ETF, a trust-based exchange-traded fund (ETF) that will offer investors exposure to XRP. If approved, the ETF will be listed on the Cboe BZX Exchange, making XRP more accessible to…
Coinbase gains approval from India’s FIU to resume operations, with plans to launch crypto trading and investment products for Indian users.
Crypto investors turn to off-exchange trades and market makers to liquidate locked tokens and hedge against price fluctuations in 2024.