Bitcoin is showing promising signs of recovery, having recently surpassed the $87,000 mark, gaining approximately 5.2% over the past week and 3.4% in the last 24 hours. This uptick in performance marks a notable contrast to the steady downtrend observed in recent weeks and has sparked renewed interest among traders and investors alike. One of the key developments contributing to this positive shift is the rising liquidity on major exchanges, particularly Binance. According to CryptoQuant analyst Darkfost, the amount of ERC-20 stablecoins held on Binance has reached a new all-time high, now surpassing $31 billion. This substantial accumulation of stablecoins…
Author: Freddie
The defunct Japanese exchange Mt. Gox has once again made news for its third big transaction of the month, transferring an incredible 11,501 Bitcoin (BTC), which is a significant development for the cryptocurrency market. The blockchain analytics company Arkham Intelligence announced this most recent transfer on March 25, 2025, with an estimated value of $1.01 billion. In the midst of continuing debates concerning the exchange’s long-overdue creditor obligations, the action has drawn criticism from the cryptocurrency community. Two distinct transfers were involved in the most recent transaction: Mt. Gox’s cold wallet, address 1Jbez, received 893 Bitcoin, worth about $78 million,…
An important milestone in BlackRock’s foray into the cryptocurrency market has been reached with the official launch of the company’s first Bitcoin exchange-traded product (ETP) in Europe. BlackRock is the largest asset management in the world. Following the success of such products in the US that have drawn over $50 billion in investments, this new product, called the iShares Bitcoin ETP, seeks to take advantage of the rising demand for bitcoin exposure in new regions. The iShares Bitcoin ETP will be listed as BTCN on Euronext Amsterdam and as IB1T on Xetra and Euronext Paris, two of the largest European…
Trump Media & Technology Group (TMTG) has announced a groundbreaking cooperation with Crypto.com, which is situated in Singapore. The purpose of this partnership is to develop a series of exchange-traded funds (ETFs) that are centred around assets that are “Made-in-America.” As a result of this agreement, TMTG has taken a big step towards its goal of utilising Crypto.com’s experience in cryptocurrencies and financial technology to develop unique investment products that are appealing to retail as well as institutional investors. The announcement, which was made on March 24, 2025, disclosed that these exchange-traded funds (ETFs) will be issued by Truth.Fi, which…
Tether, the largest stablecoin issuer in the world, is taking substantial steps to improve the openness and trustworthiness of its operations. One of these initiatives is the engagement of a “Big Four” accounting firm to conduct a complete audit of its existing reserves. The cryptocurrency market is currently under increased scrutiny and pressure from regulatory authorities, particularly in light of recent statements made by former President Donald Trump asking for stablecoin legislation. This move comes at a crucial time when the industry is under these intensifying pressures. As of the 24th of March in the year 2025, the total number…
Currently experiencing notable market volatility, Shiba Inu (SHIB), the meme-inspired cryptocurrency attracting the interest of investors all around, is Reflecting a minor increase of 0.00859%, SHIB is trading at roughly $0.000012 as of March 21, 2025. The previous close was The day’s trading range has been low of $0.000012 and high of $0.00001307. Many are wondering when Shiba Inu’s price bounce back will be given recent events showing a rise in SHIB’s burn rate and more whale activity. Shiba Inu’s remarkable burn rate, which lately jumped by an amazing 62,000%, is among the most noticeable changes for it. This huge…
Katie Haun, a former federal prosecutor, is the leader of the venture capital business Haun Ventures, which is aiming to raise $1 billion for new bitcoin investment funds. An estimated $500 million will be distributed equally between early-stage and late-stage investors in this massive fundraising campaign, which is anticipated to conclude by June 2025. The firm expects this round to be oversubscribed, indicating robust investor interest in the changing crypto ecosystem, despite the reduced objective compared to the $1.5 billion raised in 2022. After being founded in 2022, Haun Ventures made a name for itself as a major player in…
Well-known in the cryptocurrency and financial communities, Max Keiser has garnered media attention for his audacious forecast that the U.S. dollar will soon decline. The emergence of gold-backed stablecoins, which Keiser says might restore gold’s position as a major store of value in a contemporary, digital format, could hasten this slide. Investors and onlookers alike must comprehend Keiser’s viewpoint on the Max Keiser dollar collapse theory as established financial systems come under growing pressure. In recent talks, Keiser has vividly depicted a future in which digital tokens that are easily exchanged and used in regular transactions will replace gold, which…
An important flaw in BlackRock’s Ethereum exchange-traded funds (ETFs) is that they don’t allow for staking, which is a major disadvantage that could make them less competitive in the market. The absence of staking capabilities is a key element restricting investor interest and overall demand for these funds, according to Robbie Mitchnick, head of digital assets at BlackRock, who spoke at the recent Digital Asset Summit, which took place in New York City from March 18 to 20. Ethereum ETFs have been seen as a means of facilitating broader institutional adoption of cryptocurrencies since their inception. They haven’t, however, taken…
The decentralised finance (DeFi) community has been rocked by the recent Zoth attack, which caused an astounding loss of $8.85 million. This event raises severe concerns about the security safeguards in place to protect users and their funds, as it is the second major breach to affect the Ethereum-based network in a single month. Understanding the ramifications of such attacks is essential for regulators, developers, and investors alike, as the DeFi industry continues to expand quickly. Zoth acknowledged on March 21, 2025, that it had been the target of a sophisticated attack that took advantage of flaws in its system.…