Vaibhavv Ali
Two months after experiencing a significant surge in transaction volume, Uniswap (UNI) and Maker (MKR) have witnessed a notable decline in that metric. Data from IntoTheBlock reveals that last week, the volume for these tokens was slightly above $1 billion, marking a substantial 71.30% decrease since the peak observed in March. Notably, fluctuations in volume … Read more
Bitpanda, an Austrian-based platform offering crypto and securities brokerage services along with custody solutions, has unveiled its intention to extend its operations to the Middle East with the launch of Bitpanda MENA. The platform is currently in the process of seeking a license from Dubai’s virtual asset regulatory authority to establish its presence in the … Read more
FTX has filed an unexpected reorganization plan, indicating that almost all account holders will receive full repayment for their claims, potentially even with additional cash. This windfall comes as FTX recovered billions more dollars than initially expected following its collapse in November 2022. The recovered funds, totaling around $15 billion, primarily came from selling venture … Read more
According to data from Santiment, the number of whales holding Polygon (MATIC) tokens has increased over the past month, despite a significant drop in the token’s value. Specifically, the count of MATIC whales holding between 1,000 and 1,000,000 tokens has risen by 2% within the last 30 days, reaching a total of 115,000 holders. Similarly, … Read more
Ethena has recently revealed a strategic partnership with the crypto exchange Bybit, aiming to incorporate USDe as a collateral asset for trading perpetual futures across all assets within Bybit’s UTA. This integration holds the promise of offering users the opportunity to generate yield and enhance their capital efficiency. Furthermore, the collaboration will introduce bitcoin and … Read more
QCP Capital won FSRA in-principle approval in Abu Dhabi’s ADGM, the first Singapore crypto market maker to do so. What it secured, its $60B scale, and the 2026 context.
According to the recent weekly report from Bitfinex, there are indications that the selling pressure from short-term holders in the Bitcoin (BTC) market might be diminishing, potentially paving the way for a quicker price recovery than previously anticipated. Pressure to Sell Bitcoin May Be Reducing Since reaching its all-time high in March, Bitcoin (BTC) has … Read more
Exodus Movement, the developer of a cryptocurrency wallet, has been granted approval to list its common stock on the New York Stock Exchange (NYSE) under the ticker symbol EXOD. The company disclosed on Monday that trading for its stock will commence on May 9, marking a significant milestone for Exodus Movement. JP Richardson, CEO and … Read more
David Schwartz, Ripple’s Chief Technology Officer, has offered clarification regarding the timeline for the launch of Ripple’s stablecoin. Contrary to speculation suggesting a June launch, Schwartz clarified that the stablecoin’s release is not scheduled for June. Instead, he indicated that updates, including the unveiling of the stablecoin’s name, are anticipated to be announced in June. … Read more
A notable transaction has attracted the notice of traders and analysts within the cryptocurrency community. An astute investor has recently acquired a significant quantity of Fantom (FTM) tokens, suggesting a potentially tactical maneuver. This acquisition underscores the transparency inherent in the cryptocurrency market, where substantial investments capable of impacting market dynamics can be promptly identified. … Read more