Crypto News

Arbitrum Surges in Total Value Locked (TVL) Reaching New Heights in TVL Arbitrum (ARB), a layer 2 (L2) protocol has achieved yet another major milestone in its Total Value Locked (TVL) reaching new heights, following a surge in the crypto asset’s price. Arbitrum Sees Surge In Total Value Locked (TVL). According to the L2beat platform,…

The Recent Bitcoin Flash Crash and Its Impact on the Crypto Community The Shocking Drop in Bitcoin Price The recent flash crash of Bitcoin from over $45,500 to as low as $41,100 has sent shockwaves throughout the crypto community, sparking debate over the underlying causes. While some have attributed the crash to unconfirmed rumors that…

Grayscale’s Bitcoin Trust sees trading surge as spot ETF decision looms Introduction As the digital asset world eagerly awaits the approval of Bitcoin ETFs, Grayscale’s Bitcoin Trust (GBTC) is experiencing significant fluctuations in its trading volume. On Jan. 2, 2023, GBTC saw its second-largest trading day volume in the past 12 months, reaching $338 million….

Exploring the Impact of CME Bitcoin Futures on Binance: A Heartfelt Look at the 18% Open Interest Drop Introduction Recently, CryptoSlate’s analysis shed light on the open interest of Bitcoin futures across major exchanges. In the last 24 hours, there has been a significant reshuffling of open interest in Bitcoin, with a remarkable surge and…

Binance dominance fell to 44% last year amid mounting regulatory and legal woes A Closer Look at Binance’s Market Share Decline Crypto exchange Binance, once a powerhouse in the cryptocurrency industry, saw its market share drop to 44.5% last year, according to data from Paris-based crypto intelligence platform Kaiko. This decline marked a significant shift…

US SEC Faces Decision on Bitcoin ETFs January 10 Deadline Approaching As the January 10 deadline for the US Securities and Exchange Commission (SEC) to decide on a series of spot Bitcoin Exchange-Traded Funds (ETFs) approaches, the market is rife with speculation. Initially, there was a strong consensus for approval, but recent expert analyses suggest…

Bitcoin loses ground, plunges below $42,000 amidst $470 million market liquidation Bitcoin’s current market performance is marked by a 7% dip, with the digital asset hitting a low of $41,500 after previously soaring above $45,000. Over the past 24 hours, the market has experienced significant liquidation, approximating $ 470 million, contributing to the digital asset’s…

An interesting trend looks to be developing among institutional players as their interest in the flagship cryptocurrency, Bitcoin, continues to rise This interest has in no small way been thanks to the frenzy around the Spot Bitcoin ETFs, which could be approved sooner than later Other ETFs Considering Bitcoin As An Investment Option Crypto commentator…