Cryptocurrency News

[ad_1] The crypto market has lost its sparkle lately, with bitcoin futures trading volume drying up as the flagship cryptocurrency struggles to stay afloat.  Bitcoin futures open interest, which measures the buzz around upcoming contracts, has dropped to a 5-month low of $11.3 billion, according to data from Glassnode. This suggests traders are closing out […]

[ad_1] SEC delayed its decision this week on applications for a Bitcoin ETF. Former SEC chair Jay Clayton talked Bitcoin ETF with CNBC on Friday. The world’s largest cryptocurrency is down 18% versus its YTD high. The U.S. Securities and Exchange Commission delayed its decision on a bunch of applications for a Bitcoin ETF this

[ad_1] Key Takeaways Algorand Foundation opened voting for its Period 8 governance measures from September 1 to September 15, 2023. The foundation aims to auto-renew the xGov Grants Program and increase allocation for the NFT Rewards Program. Total stake voted so far stands at 575.7 million Algo, with 7.8K governors participating.

[ad_1] Crypto prices traded lower on Friday as Bitcoin retested the $26k area. Declines across major altcoins added to the forecast of a “bumpy” ride in historically negative September. Cryptocurrencies were largely down on Friday, September 1 as major caps slid amid a surprising decline likely fueled by latest delays for spot Bitcoin ETFs.  As

[ad_1] FTX Debtors have disclosed a series of financial statements revealing any transactions that benefited company executives shortly before the major cryptocurrency exchange’s collapse in November 2022. In a recent court filing with the United States Bankruptcy Court for the District of Delaware, several payments that directly benefited senior company executives at FTX and Alameda Research

[ad_1] Robinhood has announced a share repurchase agreement worth $605.7 million with the US Marshal Service (USMS) to regain control of shares previously held by Same Bankman-Fried (SBF)’s Emergent Fidelity Technologies. This move comes after a series of legal events that began when SBF, just six months before his empire collapsed, disclosed a 7.6% stake

[ad_1] The identity of the mind behind the Shiba Inu meme coin has been a long-standing crypto mystery since it first debuted in 2020. So far, there has been no concrete proof as to who it might be with guesses ranging from FTX’s Sam Bankman-Fried to Ethereum’s Vitalik Buterin. Despite having little success so far,

[ad_1] Cryptocurrencies had a mixed week after Grayscale scored a major victory against the Securities and Exchange Commission (SEC). That verdict led to a major rebound of most cryptocurrencies like Bitcoin and Litecoin.  The gains were short-lived after the SEC decided to delay its decision on several ETF proposals by companies like Blackrock, Invesco, and

[ad_1] A Mammoth Transaction In a transaction that has sent ripples through the cryptocurrency community, a staggering 424,354,912.78345 XRP, valued at approximately $214.3 million, was transferred from one unknown wallet to another. The transaction was reported by Whale Alert, a blockchain monitoring service, on September 1, 2023, at 6:09 pm local time (10:09:11 UTC). Source:

[ad_1] Maker price jumped Thursday, hitting intraday highs above $1,186. MKR was paring some of the gains as crypto slumped, with prices around $1,141 at the time of writing. Data showed whales have been busy since early July, accumulating over 61.5k MKR. Maker (MKR) price has witnessed an impressive upside over the past 24 hours,