Cryptocurrency Market

  • Market Cap: $2,277,186,411,386.15
  • 24h Vol: $53,815,246,980.00
  • BTC Dominance: 56.58%

Digital Assets

robinhood-fined-$3.9-million-over-crypto-withdrawal-restrictions-in-california

Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California

California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against a cryptocurrency firm. As part of the settlement, Robinhood must allow customers to withdraw cryptocurrencies to their own […]

Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California Read More »

cftc-fines-uniswap-labs-$175,000-for-violating-commodity-exchange-act

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act

The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act Read More »

bitcoin’s-august-slump:-dormant-wallets-stirred,-but-vintage-btc-spending-slowed

Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses that hadn’t been touched between 2011 and 2017.

Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed Read More »

bitcoin-slides-below-$58k-as-market-plunge-wipes-out-$178m

Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M

After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks, and Liquidations Jump The crypto market is in the

Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M Read More »

bitcoin-market-reaches-‘equilibrium’-as-speculation-declines,-glassnode-reports

Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports

The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin Market Entering a Tranquil Phase Amid Decline in Speculative Activity

Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports Read More »

paypal’s-pyusd-stablecoin-reaches-$1-billion-market-cap-in-just-over-a-year

Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year

On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent data shows that the market cap

Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year Read More »

bitcoin-inflows-reach-$543-million-as-powell-suggests-rate-cuts,-coinshares-reports

Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest rate cuts hinted at during the Jackson Hole Symposium. Powell’s Comments Correlate With $543 Million Bitcoin Inflow, Coinshares Observes According to Coinshares, digital

Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports Read More »

kraken-crypto-exchange-operator-fined-by-australian-court

Kraken Crypto Exchange Operator Fined by Australian Court

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer

Kraken Crypto Exchange Operator Fined by Australian Court Read More »

stablecoin-market-grows-by-$1.3b-in-5-days-as-tether-leads-the-charge

Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge

Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M Amid $1.3B Stablecoin Market Boost The stablecoin economy is gaining momentum

Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge Read More »

blackrock-dethrones-grayscale-becoming-world’s-largest-digital-asset-manager 

Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager 

Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms of onchain reserves. World’s Largest Fund Manager Just Surpassed Grayscale in

Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager  Read More »