Coinbase Taps USDC to Drive Crypto Payments at Compass Coffee
Coinbase has teamed up with veteran-owned coffee chain Compass Coffee to promote the use of cryptocurrencies, specifically the USD Coin (USDC) stablecoin, for everyday transactions.
Crypto
Read More
Estonia Proposes New Regulations for Crypto Service Providers
The Estonian government has approved a bill to regulate cryptocurrency service providers, bringing the country into compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulations.
The £3 Billion Bitcoin Bust
The shocking story of how a Chinese takeaway worker, Jian Wen, became embroiled in the UK’s biggest-ever cryptocurrency seizure, leading police to uncover over £3 billion worth of Bitcoin linked to a massive Chinese fraud scheme.
Bitcoin Hodler Balances Plummet Amid Market Uncertainties
Bitcoin’s hodler net position change metric, a gauge of long-term investor confidence, has plunged to a three-year low, triggering intense speculation about the future actions of staunch supporters and potential shifts in broader market sentiment.
Bitcoin Skyrockets Past $67K as Fed Holds Firm on Rate Cuts
Bitcoin and other major cryptocurrencies experienced a sharp rally, with Bitcoin surging past $67,000, after the U.S. Federal Reserve maintained its outlook for three rate cuts by the end of the year, alleviating market concerns of a more hawkish stance. The Fed’s dovish tone and commitment to its rate cut plans provided a boost to risk appetite among investors.
Crypto Selloff: Bitcoin, Ethereum, Dogecoin Plunge
Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin witnessed sharp declines as capital outflows from the Grayscale Bitcoin ETF raised concerns over waning demand. Investors are closely monitoring the shifting narrative around capital flows into the crypto space.
Massive $5.4M Collateral Liquidation Hits DeFi as Ethereum Price Plunges
A steep decline in Ethereum’s price has triggered over $5.4 million in collateral liquidations across DeFi platforms like GMX, Kwenta, and Polynomial in the past 24 hours, with a potential $24 million more at risk if ETH drops further.
Solana Meme Coins Drive Surge in DEX Trading Volumes
Solana’s decentralized exchanges (DEXs) have witnessed a significant surge in trading volumes, outperforming competitors like Uniswap and PancakeSwap, fueled by the rise of meme coins like Slerf on the Solana network.
Ripple’s XRP Selloff Sparks Price Manipulation Concerns
Ripple’s recent transfer of 240 million XRP tokens to an unknown wallet has raised speculation about potential price manipulation, reigniting debates around the company’s influence on the cryptocurrency’s lackluster performance.
Bitcoin’s “Danger Zone” Nears as Halving Approaches
Bitcoin’s price could dip in the coming weeks leading up to the next halving event on April 20, mirroring historical patterns. However, crypto executives from Binance and Crypto.com remain bullish, predicting Bitcoin will surpass $80,000 by year-end, fueled by institutional demand and reduced supply.