Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
BitMEX Trader Seeks 324.8 BTC Back, Leaving Other Trades Untouched Of the roughly 2,294 trades Lewis Barber placed on BitMEX, his lawsuit challenges 1,053. All of them lost money.He wants the exchange’s operator to return the Bitcoin lost on those trades, but is not asking the court to revisit the r…
BingX EU, operated by MEGE zweite GmbH, has secured a licence under the Markets in Crypto-Assets Regulation from Austria’s Financial Market Authority. The authorisation is expected to allow the company to offer regulated crypto services across the European Economic Area, subject to applicable passpo…
Ripple, a payments company using blockchain technology, is set for a huge partnership with DriveWealth, a global brokerage infrastructure provider, which is expected to usher in blockchain-based payments, stablecoin settlements, and digital asset custody to traditional financial markets.As per the a…
Standard Chartered has pushed back its $2 trillion stablecoin market forecast to 2030 from 2028, citing stalled supply growth even as actual usage keeps climbing.Standard Chartered Global Head of Digital Assets Research Geoffrey Kendrick wrote in a Wednesday report cited by The Block that stablecoin…
Prosecutors in Brooklyn, New York, working with the Federal Bureau of Investigation (FBI), have disrupted an Eastern European cryptocurrency scam network accused of stealing tens of millions of dollars from Americans, primarily Russian-speakers.The operation, carried out last week and announced on W…
Bitcoin holds near $81,500 after falling 2% over the past 24 hours as hotter-than-expected CPI data fueled expectations of further CryptocurrencyTickerPriceBitcoin$81,631.79Ethereum$2,432.53Solana$104.37XRP$1.33Dogecoin$0.08208Shiba Inu$0.055061Notable Statistics:Coinglass data shows 89,108 traders …
Tether (USDT) dominates the saving use case in emerging markets, but Circle’s (CRCL) stablecoin USDC has an early lead in developed-market transactions, said Standard Chartered in a note on Wednesday.The developed-market use case included cross-bank settlement, treasury operations and bank-distribut…
The European Banking Authority (EBA) has classified Circle’s USDC stablecoin as a significant e-money token under the region’s Markets in Crypto Assets (MiCA) framework.In a Wednesday notice, the banking regulator said the e-money token classification, granted to only 45 other projects, effectively …
1510 ET - Bitcoin's more recent buyers are the ones capping its price lately, according to an analysis from Glassnode. Buyers from the past two years still have a cost basis that's higher than $88,000, and they've turned the price back twice this year, the analysts say. Longer-term holders, meanwhil…
Bitcoin fell to $82,000 Wednesday as hotter-than-expected U.S. inflation data fueled concerns over U.S. headline CPI accelerated to 3.7% year-over-year, exceeding the 3.6% consensus estimate and rising from the previous 3.4% reading.Macro analyst Benjamin Cowen warned that persistent inflation, elev…
1514 ET - Lean hog futures settled trading down 2.9% at 66.075 cents a pound. That brings the continuous contract to near its lowest close since early January 2024, according to data from FactSet. Pressure stemming from a hot CPI print this morning spanned commodities, including livestock. A higher …
By Joseph Wilkins and Kirk MaltaisBitcoin fell Wednesday in response to consumer-price inflation remaining stubbornly high, increasing the odds for interest-rate increases and pushing cryptocurrencies lower.The flagship cryptocurrency accelerated losses throughout the day, falling 2.1%, to $81,624, …