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Interest
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Analysis
Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest
by shayaanby shayaanAlgorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than …
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Markets
Bitcoin Futures Open Interest Surge Shows Investor Confidence on Trade Deals, Powell
by shayaanby shayaanAs bitcoin (BTC) and ether’s (ETH) recovery rally gathered momentum Tuesday, the perpetual futures market saw an even more pronounced increase in …
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Finance
Fitch Announces When FED Will Start Cutting Interest Rates! How Will Bitcoin and Cryptocurrencies Be Affected?
by shayaanby shayaanThe FED, which started the interest rate reduction cycle with a 50 basis point cut in September 2024, has been keeping interest …
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Adoption
Binance is advising nations on Bitcoin reserves as global interest grows
by shayaanby shayaanBinance is reportedly guiding several governments on establishing strategic Bitcoin reserves and developing clear crypto regulations. In an April 17 interview on …
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Regulation
Gary Gensler Issues Altcoin Warning, Says Memecoins and ‘Sentiment Tokens’ Likely To Lose Public’s Interest
by shayaanby shayaanThe former Chair of the U.S. Securities and Exchange Commission (SEC) Gary Gensler is warning that the future of non-Bitcoin (BTC) crypto …
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Markets
Bitcoin Price Climbs Above $85,000 As Open Interest Surges 16% In Past Day
by shayaanby shayaanOpeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his …
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India and New Zealand each announced 25 basis point cuts to their key interest rates this week. Central banks of both the …
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Markets
Bitcoin Open Interest Crashes 17% as Whales Scoop Up Supply—Reversal Ahead?
by shayaanby shayaanBitcoin is continuing to face downward pressure in the market, with the cryptocurrency falling below $80,000 on Sunday for the first time …
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Regulation
Crypto Industry Leaders Urging Congress To Allow Stablecoin Issuers To Share Interest With Users: Report
by shayaanby shayaanCrypto executives are reportedly making a last-ditch effort to convince Congress to allow stablecoin issuers to pass on interest to holders of …