Bitcoin price reaches new highs, U.S. senators draft stablecoin bill, and SEC delays decision on options trading for Bitcoin ETFs. Bitcoin price reached a new all-time high above $69,200 on March 5, only to break records again on March 8, when it touched the $70,000 mark. The worlds first cryptocurrency rallied over 8% over the...Continue Reading

Grayscale and Coinbase met with the SEC on March 6 to address concerns about the conversion of the Ethereum Trust into a spot ETF. Crypto firms Grayscale and Coinbase recently met with officials at the Securities and Exchange Commission to discuss a rule change for the launch of spot Ether exchange-traded funds (ETFs).  Grayscale is...Continue Reading

DeFi global total value locked reached $100.1 billion on March 9. These figures, however, still fall short of the $189 billion record from November 2021. The demand for Bitcoin (BTC) is fueling sentiment around the crypto industry, driving the capital locked on-chain to over $100 billion on March 9. According to data from DefiLlama, the...Continue Reading

Explore the innovative mechanism of rebase tokens, which is designed to stabilize prices and adjust token supplies automatically. Rebase tokens are a particular kind of cryptocurrency that periodically (typically daily or multiple times a day) modifies its total supply. The adjustments seek to stabilize the rebased token’s price or target a specific value through methods...Continue Reading

Bitcoin addresses holding at least 1,000 BTC is climbing again despite BTC price reaching over $70,000 for the first time. Bitcoin (BTC) whales are not in a rush to sell into the current rally that propelled Bitcoin to new heights above $70,000, the latest on-chain data suggests.  The number of unique addresses holding at least...Continue Reading

According to the FBI, cryptocurrency-related investment fraud accounted for 86% of all investment losses within the United States in 2023. The Federal Bureau of Investigation (FBI) reported that cryptocurrency-related investment fraud constituted the largest portion of investment losses within the United States in 2023.  In a recent report, the FBI stated that investment losses involving...Continue Reading

Bitwise chief investment officer Matt Hougan cautions that not every token having a price surge in the cryptocurrency market “deserves to be.” Bitwise chief investment officer Matt Hougan warned investors to approach crypto projects with high valuations skeptically as the “wealth effect” is occurring in the crypto market. He indicated that traders are reallocating portions...Continue Reading

Despite Binance’s setbacks with regulators, BNB has managed to reach a 2-year high at $489.50. BNB (BNB) price surged by 62% in 30 days after hitting its highest level in 2 years on March 8 at $489.50. This movement may have been driven by gains in the broader market, but it solidified BNB as the...Continue Reading