Market News
Check out the news cycle for the past 24 hours and see what’s moving the market today!
Grayscale’s GBTC Experiences First Inflows After Continuous Outflows
Grayscale's GBTC records its first inflows after months of outflows, signaling a potential shift in the market dynamics. Discover what this could mean for Bitcoin's future prices.
Fidelity: Pension Plans Are Exploring ~$5 Trillion Opportunity In Crypto
As per the latest report from Fidelity Digital Assets, pension plans have started warming up to the idea of seeking investment exposure in crypto assets. During an event held in London, Manuel Nordeste, Vice President at Fidelity Digital…
Five Things to Know in Crypto This Week: US Jobs Report Offers Relief
The BTC-spot ETF market tested buyer demand for BTC, while XRP trended upwards amidst court filings from the SEC and Ripple.
Encryption and encrypted passwords in the world of blockchain and crypto
The storage and secure management of data and passwords is one of the most important aspects in the crypto and blockchain world.
$38 Million Worth of BlackRock’s IBIT Scooped Up by Hong Kong-based Asset Management Firm
According to Eric Balchunas, Bloomberg's senior ETF analyst, Hong Kong-based alternative investment firm Yong Rong Asset Management has scooped up $38 million worth of shares of BlackRock's iShares Bitcoin Trust (IBIT).
Why Is BlastUP Token the Talk of the Crypto Community?
The BlastUP token boasts vast utility being a part of the Blast ecosystem, one of the largest L2 blockchains in terms of TVL. It serves as fuel on the BlastUP launchpad platform, so $BLP is an essential asset for developers who build their…
Paypal Partnership Allows US-Based Moonpay Users to Buy Crypto With Their Paypal Accounts
The digital asset trading platform, Moonpay, announced on May 2 that it had formed a partnership with Paypal. This partnership will allow U.S. users to purchase cryptocurrency using their Paypal accounts. Users of Moonpay can benefit from…
Grayscale’s GBTC stops bleeding: First inflow since launch
Grayscale Investments' GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
DOJ charges three Cred execs over $783 million in customer fund losses
On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm.