DefiLlama founder 0xngmi recently stated on social media that, frankly, nearly every cross-chain bridge, including WBTC, provides proof of reserves so that users can verify that issued tokens are adequately backed. However, Coinbase has not done this, and cbBTC’s transparency is far below industry standards. This is also why we have not listed it o

An analyst has pointed out two patterns forming in altcoin and Bitcoin-related charts that could suggest an altseason may be coming soon. Signs May Finally Be Aligning For An Altcoin Season In two new posts on X, analyst Ali Martinez has discussed some signals that could foreshadow an altcoin season. The first chart shared by […]

Since the Federal Reserve lowered the federal funds rate by 50 basis points last Wednesday, Ethereum has outperformed Bitcoin. This upward momentum aligns with a significant increase in the weighted funding rate of ETH perpetual futures, indicating stronger demand for long positions. Furthermore, trader optimism regarding a potential rise in ETH pr

According to prominent ETF analyst Eric Balchunas, global asset management giant BlackRock is daily extracting balance information from its Bitcoin addresses through its own blockchain nodes connected to Coinbase Prime, validating the holdings of its spot Bitcoin ETF. While this data is available only to institutional clients, BlackRock has earned

On September 23, data from Farside Investors revealed significant net outflows from both the Bitcoin and Ethereum spot ETFs. For the Bitcoin spot ETF, GBTC recorded a net outflow of $40.3 million, while there was a net inflow of $8.4 million for BTC. Notably, ARKB saw no inflows or outflows. In the case of the […]

Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.

The crypto community is calling for a clearer stance and more actionable policies from Democratic presidential candidate Kamala Harris, according to US investment bank Bernstein. Clearer Stance Toward Digital Assets Expected From Harris In a memo shared with clients on September 23, 2024, analysts at Bernstein highlighted several reasons for the br

Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months. Critical Resistance At $65,200 Looms According to a recent report from digital asset trading […]

The cryptocurrency XRP has drawn renewed interest as it revisits the $0.6044 resistance level for the second time…

RCO Finance has emerged as a remarkable player, pulling in over $2 million in its ongoing crypto presale. This reflects a notable shift among investors, particularly those who have previously placed their bets on well-known tokens like Dogecoin (DOGE) and Shiba Inu (SHIB). As these investors reassess their portfolios, many choose the RCOF token, dr