iShares Bitcoin Trust also added ABN AMRO Clearing and UBS Securities in the new prospectus. BlackRock, the world’s largest asset manager, has today updated the list of Authorized Participants (APs) for its spot Bitcoin exchange-traded fund (ETF), IBIT. The ETF, which has been live since January 11, 2024, allows investors to gain exposure to Bitcoin…
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In Brief KuCoin announces a $10 million airdrop after DOJ charges for AML violations, aiming to rebuild trust. The airdrop is in response to over $1 billion in user withdrawals and includes Bitcoin and KCS tokens. The initiative targets users affected by withdrawal delays, offering compensation to regain confidence. KuCoin has announced a $10 million token…
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In Brief Bitcoin price is trading between $65,300 and $71,360 at the moment, with the potential to rise. An indicator is currently flashing a buy signal, which might drive investors to accumulate BTC. This can be observed on the Reserve Risk indicator as well, which is currently in the green zone. Bitcoin (BTC) price is…
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Quick Take Coinbase exchange witnessed a massive withdrawal of approximately 16,100 BTC, valued at $1.1 billion, on March 28. According to data from Arkham Intelligence, this substantial outflow occurred in two separate transactions, with the first involving roughly 8,100 BTC worth around $574 million and the second comprising 8,000 BTC valued at approximately $566 million. Wallet…
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Fetch, Singularity Net, and Ocean Protocol all surged following a Bloomberg article suggesting a token merge. UPDATE: The merger has been confirmed via email. Full details can be found here: Fetch, Ocean, SingularityNET tokens merge into single ASI token with $7.6 billion market cap Three blockchain-based artificial intelligence companies are in discussions to merge their crypto tokens to…
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The indictment accuses KuCoin and its founders of bypassing the Bank Secrecy Act and operating an unlicensed money-transmitting business. KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platform’s operational stability and assured users that their funds remain safe. Lyu made the statement on social media after the US…
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In Brief Whales took advantage of the last dip to accumulate ADA, but this accumulation has stabilized over the past week. The number of short-term traders holding ADA is declining, potentially leading to reduced price volatility. EMA lines are indicating a consolidation pattern, yet there’s a potential for a golden cross to emerge shortly. Whales…
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Navigating the pitfalls of crypto privacy tools reveals essential insights for secure online financial activity. The lack of privacy protection is the Original Sin of all public blockchains – from Satoshi’s original Bitcoin whitepaper down to the most cutting-edge, modular, and parallelized network that does 100 million transactions per second with a zeptosecond finality time.…
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In Brief Shibarium has experienced a significant surge in Total Value Locked (TVL). This surge is primarily attributed to the introduction of DAMN meme coin. Still, Shiba Inu ecosystem witnessed a notable decline in SHIB’s burn rate. Shibarium, the Layer 2 blockchain within the Shiba Inu (SHIB) ecosystem, has reached noteworthy milestones, indicative of its…
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In Brief SHIB average transaction size dropped by 50% in the last two weeks, indicating Shiba could be losing momentum. Its RSI is still in the overbought stage, which could indicate more corrections are coming soon. EMA Lines are forming a potential bearish scenario, which could cause the coin to enter a downtrend. The Shiba…
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