Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
On Monday, Paradigm, a crypto over-the-counter liquidity network, announced the launch of a block trading facility on the leading derivatives exchange Deribit for options linked to major alternative cryptocurrencies MATIC, SOL, and XRP. Paradigm stated on X that clients can now execute block trades in Polygon (MATIC), Solana (SOL), and Ripple (XRP). These linear options … Read more
VanEck’s spot Bitcoin exchange-traded fund (ETF) saw substantial growth in the first quarter of 2024. According to a recent filing with the Securities and Exchange Commission (SEC) by the VanEck Bitcoin Trust, the HODL Bitcoin ETF experienced a $109 million increase in net assets during the first fiscal quarter of 2024, which ended on March … Read more
Senators Ron Wyden and Cynthia Lummis have expressed significant apprehension regarding the existing crypto regulations in the US, particularly focusing on the Department of Justice’s (DOJ) recent position concerning non-custodial crypto asset software services. In a letter addressed to Attorney General Merrick Garland, they contend that the DOJ’s understanding of federal laws poses a risk … Read more
Cardano (ADA) continues to struggle with a bearish trend, with technical analysis suggesting the likelihood of further losses for the token. The lack of demand and minimal bullish sentiment contribute to its stagnant performance. Both Bitcoin (BTC) and Cardano are experiencing resistance levels, with BTC hovering between $60.8k and $63.3k, while Cardano remains within the … Read more
Industry stakeholders in the UK are confident that the upcoming national election won’t hinder the progress the country has made in regulating the crypto sector. Despite no official election date yet, it’s anticipated to occur this year. The current Conservative government, in power for almost 14 years, has been actively implementing crypto-related measures since 2022, … Read more
On May 13, President Joe Biden issued a directive preventing MineOne, predominantly owned by Chinese nationals, from acquiring real estate near the Francis E. Warren Air Force Base for crypto mining purposes, citing national security concerns. The site’s proximity to the strategic missile base raised alarms, particularly regarding the potential espionage risks posed by foreign-owned … Read more
Following bitcoin’s decline below $61,000 on Friday, spot bitcoin and ether exchange-traded funds (ETFs) listed in Hong Kong experienced significant outflows on Monday. Data from Farside Investors revealed that spot bitcoin ETFs issued by ChinaAMC, Harvest Global, Bosera, and Hashkey collectively saw outflows of $32.7 million on Monday, a substantial increase compared to previous outflows, … Read more
Coinbase, a United States-based cryptocurrency exchange, experienced a widespread system outage, rendering its services inaccessible for desktop and mobile users. The exchange officially acknowledged the outage on its status page, stating that a “major outage” commenced at 4:15 am UTC on May 14. Visiting the website currently displays a “503 Service Temporarily Unavailable” error message, … Read more
CoinDCX, an Indian cryptocurrency exchange, has expanded its Okto wallet into a comprehensive Okto ecosystem, which includes launching a blockchain, a token, and a points program starting Tuesday. According to co-founders Neeraj Khandelwal and Sumit Gupta, the goal is to offer global users a seamless mobile experience while navigating the Web3 space. The Okto points … Read more
Ethereum’s price is showing signs of a rebound from the $2,865 support level, aiming to recover further if it surpasses the $2,960 resistance area. After dropping to $2,864, Ethereum has begun an upward correction similar to Bitcoin. It managed to climb above $2,900 and $2,920 hurdles, also breaking a significant bearish trend line at $2,930 … Read more