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In this week’s recap, major updates in the crypto space include Binance founder Changpeng Zhao’s confirmed release date, Donald Trump’s entry into the crypto market, Token2049 conference highlights, MicroStrategy’s latest Bitcoin purchase, and the market’s response to the recent Federal Reserve rate cut. Binance Founder’s Release Date Confirmed According to the U.S. Federal Bureau of […]

Digital asset veteran Chris Burniske believes the crypto market is poised for a fresh bull run following months of correction. The former ARK Invest analyst shared on X (formerly Twitter) that digital assets have cooled sufficiently after their late 2023 to early 2024 rallies, setting the stage for the next surge. Burniske referenced a chart

Africa is rapidly emerging as a critical player in the global cryptocurrency landscape. Among the platforms riding this wave is Bitget, which has expe rienced a staggering 1600% growth in its African user base. This dramatic rise can be attributed to several factors, including the widespread adoption of mobile technologies and alternative financial systems across

After a recent surge, both Ethereum (ETH) and XRP have experienced a slight pullback, raising concerns about the sustainability of their price rallies. However, experts believe this slowdown is only temporary. With several key factors at play, there are compelling reasons to expect further growth for both cryptocurrencies in the near future. 1. Federal Reserve’s

The Ethereum Foundation has continued its trend of gradually selling off Ethereum (ETH) holdings, with its most recent sale of 300 ETH, worth around $763,000, raising eyebrows in the crypto community. The latest transaction occurred as Ethereum’s price spiked to $2,550, marking a significant market reaction after weeks of underperformance. According to on-chain data, the

In a major development for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved options for BlackRock’s highly anticipated spot Bitcoin ETF. This approval marks a significant milestone, as BlackRock is one of the largest asset managers globally, and their entry into the Bitcoin space signals increased institutional acceptance. The approval of

Global liquidity has reached a new record, exceeding $95 trillion and approaching the $100 trillion milestone. Historically, spikes in liquidity have preceded Bitcoin bull runs, making this development a key indicator for both investors and analysts. As global money supply rises, interest in riskier assets like Bitcoin typically follows, sparking potential price rallies. Global liquidity

In a rare and mysterious event, five Bitcoin addresses from January 2009, some of the earliest ever created, have suddenly sprung to life. These addresses, which had been completely inactive for over 15 years, moved a total of 250 BTC—valued at around $15.95 million—causing a stir in the cryptocurrency community . This activity is particularly

German authorities have taken decisive action by shutting down 47 cryptocurrency exchanges involved in facilitating criminal activities, as confirmed by a joint statement from the Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA). Crackdown on Money Laundering and Illegal Crypto Transactions These exchanges were deactivated after being implicated in

MicroStrategy, the business intelligence firm led by co-founder Michael Saylor, has made headlines once again with a significant investment in Bitcoin. T he company raised $1.01 billion through a private offering of convertible notes, boosting its aggressive Bitcoin acquisition strategy. As a result, MicroStrategy purchased 7,420 bitcoins, bringing its total holdings to 252,220 BTC—worth around