Bookmarking Crypto Insights
In a significant move, $GAL has announced its rebranding to $G, causing a 50% surge in its value over the past 24 hours. This development has attracted the attention of smart traders, with one notable wallet, 0xf26ce, purchasing $264.82K worth of $GAL two days before the rebranding announcement. This wallet had been inactive for two … Read more
Shiba Inu (SHIB) has experienced a significant price drop following the recent exploit on WazirX, a prominent Indian cryptocurrency exchange. The hack resulted in the theft of 5.4 trillion SHIB, causing widespread concern among investors and triggering a 9% decline in the token’s value to $0.00001726. 5.4T $SHIB has been taken from the WazirX exchange. … Read more
The number of Bitcoin holders, defined as any wallets with more than zero coins, has been dropping sharply. Traders seem to believe that the all-time high (ATH) reached in March was the peak for 2024. Despite this pessimism, mass liquidations often set the stage for a rebound. 👋 Bitcoin’s amount of holders (any wallets with … Read more
The U.S. SEC has given the green light to Grayscale’s mini Ethereum ETF, which will be backed by assets from their larger Ethereum ETF. In addition, ProShares’ Ethereum ETF has also received approval. These funds are expected to start trading next week, alongside other spot ETH ETF products. Grayscale has also introduced a mini Bitcoin … Read more
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin Regulatory Regime On July 17, Hong Kong regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong … Read more
The volume of new deposits into the OFAC-sanctioned crypto mixer has jumped significantly in the first half of 2024. Go to Source
The amount of positive Bitcoin commentary on social media is just a third of what it was four months ago, according to Santiment. Go to Source
Retail investor interest in Bitcoin has declined to a three-year low, and Google search interest for Bitcoin is down 57% since BTC reached all-time highs in March. Go to Source
Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution to both existing and new clients in these countries, emphasizing security and client … Read more
Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digital asset capabilities, the collaboration aims to promote sustainable and transparent growth in the digital asset market. Zodia is Standard Chartered’s … Read more