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Bybit has returned a $100 million loan, equal to 40,000 Ethereum (ETH), to Bitget after just three days—the cryptocurrency community was not expecting this! The loan was extended to Bybit when it was going through a tough time, and this rapid return of funds shows that Bybit is back and on the way to recovery. … Read more
In a significant development that has drawn the eyes of both the crypto and traditional investment worlds, Grayscale has filed with the U.S. Securities and Exchange Commission for a new kind of investment product: a spot exchange-traded fund, or ETF, that would hold Cardano as a primary asset. With the ETF application, Grayscale now has … Read more
For a long time, Ethereum (ETH) has been viewed as one of the most potentially profitable blockchain platforms in the cryptocurrency sector. Recent developments, however, suggest that its future might be even more favorable in 2025. The market has faced some bumps in the road lately, including the hack of one exchange platform, Bybit. Yet … Read more
While the wider cryptocurrency market is in a downturn, institutional investors and smart-money traders are making some interesting and potentially profitable moves. These types of investors usually buy up specific tokens they believe are worth it, with a strong potential for short-term profit, even when the rest of the market is in a bearish trend. … Read more
The Bitcoin hashrate has taken a distinct downward turn of late, causing some furrowed brows in the mining community. The network hashrate now sits at a 30-day moving average of 807.26 million terahashes per second (TH/s), having dropped a not-so-subtle 19.1 percent from its high of 997.4 million TH/s. While this slide may look alarming … Read more
While downward pressure on the cryptocurrency market shows no sign of letting up, a notable market “whale” has made the decision to signal an otherwise bearish outlook on two major DeFi tokens—Lido (LDO) and Aave (AAVE). This particular whale, a big holder of crypto assets, has sold off in total $5.98 million worth of these … Read more
Discover how institutions navigate complexities caused by fragmentation in the crypto markets. Go to Source
The $BAN token, associated with the Comedian token project, has recently exemplified the extreme price volatility so common in the cryptocurrency world. In the last 12 hours, $BAN has soared from $0.10 to a high of $0.25, only to crash back down and lose over 50% of its value in the last hour. This sudden … Read more
Circle, the issuer of the widely used USDC stablecoin, has continued its aggressive expansion on the Solana blockchain by minting an additional $250 million worth of USDC. This recent mint marks a significant milestone, bringing the total amount of USDC minted on Solana over the past seven days to an impressive $1 billion. Circle’s strategy … Read more
A newly formed wallet, named “0x3ac,” has been making waves in the world of cryptocurrency by spending a stunning $49.5 million worth of DAI to buy a hulking 17,695 ETH. The buying spree, which took place just a little over an hour ago, has sent shockwaves through the industry. It’s rumored to be connected to … Read more
