Celsius Transfers Ethereum to Creditors Amid Bankruptcy Proceedings

In a strategic move to unlock a significant portion of its Ethereum holdings, Celsius has transferred over 40,000 Ethereum, valued at over $90 million, to its major creditors, Coinbase and FalconX, over the past week. Arkham Intelligence reports that Celsius still holds a substantial amount of Ethereum in its Staked ETH account, approximately 59,000 ETH, […]

Solana’s Developer Activity and Value Rise Amid Ethereum Competition

David Thomas, a seasoned electronic engineer and journalist at BeInCrypto, uses his technical background and university-honed skills to make the complex cryptocurrency market accessible and engaging for all readers.Solana’s 2023 developer report revealed a significant increase in active developers, with 2,500-3,000 monthly active developers and over 50% retention. This rise in developer activity aligns with […]

Dogecoin’s Lunar Mission: A Meme Coin’s Journey to the Moon

Dogecoin, originally a meme cryptocurrency, has embarked on a literal journey to the moon. The Dogecoin Foundation recently announced a project involving a tangible replica of the DOGE cryptocurrency, which is set to travel aboard the Vulcan Centaur rocket. This project, which includes the Astrobotic Peregrine lunar lander, is part of NASA’s Artemis program and […]

Chainlink Forms Strategic Partnerships, Sparks Crypto Whale Buying Spree

Chainlink (LINK) has been in the spotlight recently due to its strategic new partnerships, which have triggered a significant buying spree among crypto whales. This activity underscores the growing confidence in Chainlink’s long-term potential and its expanding ecosystem.SingularityDAO, a decentralized platform known for AI-enhanced crypto asset management, has teamed up with Chainlink Labs to support […]

Valkyrie Investments Optimistic About SEC Approval of Bitcoin ETFs

As the deadline of January 10th for the potential approval of Bitcoin ETF applications by the US Securities and Exchange Commission (SEC) nears, Valkyrie Investments co-founder and CIO Steven McClurg has expressed optimism for the entire crypto community. Valkyrie Investments is planning to launch its spot Bitcoin ETF, named Valkyrie Bitcoin Fund, with the ticker […]

Bitcoin ETF Applicants Cut Fees Amid SEC Approval Anticipation

The crypto community is on tenterhooks as it awaits the SEC’s decision on Spot Bitcoin ETFs. The anticipation has sparked a fierce competition among ETF providers, with many slashing their proposed management fees in a bid to attract investors. Invesco, Valkyrie, and WisdomTree are among the providers who have reduced their fees, with Invesco dropping […]

XRP Records Highest Trading Volume Amid Market Downturn

XRP, the cryptocurrency asset, has achieved a significant milestone, recording the highest trading volume on HTX Global, a Seychelles-based cryptocurrency exchange. On January 7th, XRP’s trading volume reached $112 million, surpassing other altcoins such as SOL and BTC, which secured $70 million and $65 million respectively, and SEI and AAVE, both of which raked in […]

Spot Bitcoin ETFs Set to Launch Following Swift SEC Feedback

VanEck CEO Jan van Eck has announced that the highly anticipated spot Bitcoin Exchange-Traded Funds (ETFs) are scheduled to begin trading on Thursday, January 11. This news comes after the US Securities and Exchange Commission (SEC) requested additional comments on the S-1 filings from all applicants the previous evening.Despite initial concerns about potential delays, reassurances […]

Ethereum-Bitcoin Ratio Hits Historic Low Amid ETF Approval Speculation

The Ethereum-Bitcoin ratio has dropped to a historic low, fueling speculation about the approval of an exchange-traded fund (ETF) in the U.S. Data from the Paris-based crypto intelligence platform Kaiko reveals that the ETH/BTC ratio has been on a steady decline since Ethereum transitioned into a proof-of-stake network in September 2022. In the last 24 […]