According to data from Bybit Research, it seems that institutional investors are not keen on altcoins. Reportedly, half of their portfolios are invested in Bitcoin, indicating a strong preference for the leading cryptocurrency over alternative digital assets. New data from Bybit Research suggests that institutional interest is leaning heavily towards Bitcoin (BTC) rather than Ethereum…
The crypto fear and greed index, hovering between 70-74, suggests strong optimism among both regular and big investors. Matrixport expresses confidence in Bitcoin’s potential to reach $125,000 by December 2024 post the Bitcoin halving. Currently, Bitcoin is trading at $38,580, showing a 2% increase in the last 24 hours amid a significant rally. The…
Binance Smart Chain has grown rapidly in recent years. This article explores the top 15 DeFi projects on the platform. DeFi, short for “decentralized finance,” is a financial system built on blockchain technology. Unlike traditional finance, it doesn’t rely on centralized entities like banks or government-regulated organizations. Instead, it operates on a peer-to-peer basis using…
Clemente suggests Alameda Research’s collapse might be linked to the Terra incident in May 2022, based on their FTX balance history. He speculates it could be due to high leverage or risky transactions for FTX. A crypto expert named Will Clemente believes that Alameda Research, which is connected to the cryptocurrency exchange FTX, faced serious…
Nigeria ranks as the world’s most cryptocurrency-aware nation, with a staggering 99% of its population familiar with cryptocurrencies, as per a global survey by ConsenSys and YouGov. Nigeria, Africa’s largest economy, leads the world in cryptocurrency awareness, as per a global survey by ConsenSys and YouGov. This survey aimed to understand how different countries perceive…
Stay updated with the most important news and reports of the week – it could be beneficial for you and your business. Highlights: Grayscale Wins Legal Battle Against SEC for Bitcoin ETF Review “BitBoy Crypto” Face Ben Armstrong Ousted Amidst Controversies SEC Delays Decision on Bitcoin ETFs and BlackRock Application Bitwise Withdraws Bitcoin and Ether…
Messari, a leading crypto market intelligence firm, released its Q2 2023 report on Cardano (ADA), providing insights into the current state of the world’s eighth-largest cryptocurrency by market cap. The Crypto Shop AIRDROP Is Live, Get 3000 EMT Tokens Free = $30 Join Now The report, titled “State of Cardano Q2 2023,” reveals a significant increase…
Binance Witnesses Over $1 Billion Outflow in 24 Hours Following SEC Lawsuit, Despite Massive 44M USDT Deposit SEC vs Binance Lawsuit Triggers Cryptocurrency Market Turmoil: $52.7 Billion Lost in One Hour: The impact of the SEC vs Binance lawsuit has reverberated through the cryptocurrency market, leading to significant consequences. In a startling development, the market experienced…