China’s Crypto ETF Approval
China has approved the launch of spot Bitcoin and Ethereum ETFs in Hong Kong, which could drive up demand and prices for major cryptocurrencies.
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German Banking Giant Embraces Crypto Custody Services
Germany’s largest federal bank, the Landesbank Baden-Württemberg, will start offering cryptocurrency custody solutions to institutional clients in partnership with the Austrian crypto exchange Bitpanda, starting in the second half of 2024.
Ripple Transfers 100 Million XRP to Mystery Address
Ripple has transferred a staggering 100 million XRP (worth $48.61 million) to an anonymous address, raising questions about the potential impact on XRP’s price amid its recent recovery.
Geopolitical Tensions Subside, Boosting Crypto Prices
The crypto market has shaken off concerns of escalations between Iran and Israel, with Bitcoin (BTC) trading above $65,000 and Ether (ETH) back above $3100. Traders are also anticipating the launch of Bitcoin and Ether ETFs in Hong Kong, which could unlock up to $25 billion in demand.
Iran-Israel Tensions Trigger Crypto Selloff
Heightening fears of conflict between Iran and Israel largely triggered Friday’s $860 million crypto market liquidation, according to QCP Capital. Geopolitical instability often drives investors away from risky assets like cryptocurrencies, seeking safer investments, resulting in sell-offs across risk asset classes.
TON Airdrops $2.2M to Meme Traders as Toncoin Hits ATH
The TON Foundation airdropped 300,000 Toncoin (TON) worth around $2.19 million to the most active meme coin traders on DeDust and Ston.fi platforms, as Toncoin broke its all-time high, reaching $7.65 per token.
Coinbase to Launch PEPE Perpetual Futures
Coinbase International Exchange has announced the launch of perpetual futures trading for the PEPE meme coin, set to commence on or after April 18, indicating a shift in the exchange’s stance towards listing the controversial token.
Cardano’s Anticipated Surge: Analyzing the Crypto’s Bullish Potential
Cardano has been experiencing volatility in recent times, but analysts predict a significant price surge in the near future, with a potential surge to $0.87 within Q2 of 2024.
Sam Bankman-Fried Appeals 25-Year Fraud Sentence
Sam Bankman-Fried, the former crypto mogul and co-founder of FTX, has filed an appeal against his conviction and 25-year prison sentence for orchestrating an $8 billion fraud scheme.
DeFi Lending Platforms Embroiled in Heated Dispute
Decentralized finance lending platforms MarginFi, SolBlaze, and Solend are engaged in a controversy involving accusations of misconduct and misinformation, highlighting the complexities of the rapidly evolving DeFi landscape.