Category: Latest news
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Risk-off sentiment evident as crypto-margin plummets to all-time low
[ad_1] Quick Take In the first-quarter review of derivatives, CryptoSlate showed that futures open interest had hit a one-year low. We can break this data down further. Currently, the allocation of Bitcoin to futures open contracts is 361,000 BTC. While allocation via crypto-margin, i.e., using the native coin (Bitcoin), is 92,000 BTC. This puts the…
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Bitfarms Q1 Bitcoin production rose 35% to 1,297 BTC YOY
[ad_1] Ad Bitcoin (BTC) mining firm Bitfarms said its BTC production increased 35% to 1,297 BTC in the first quarter of the year compared to what it produced during the same period last year. In an April 3 statement, Bitfarms detailed how Bitcoin’s improved price performance helped it strengthen its balance sheet and reduce its…
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Binance maintains steady Ethereum reserves, ramps up Bitcoin holdings
[ad_1] Quick Take Binance has been under heavy scrutiny for the past week since the CFTC claimed that Binance had breached its trading and derivatives rules. CryptoSlate did a deep dive into Binance’s proof of reserves (POR), which refers to the on-chain reserves officially disclosed by exchanges. Bitcoin reserves have increased by almost 70,000 BTC;…
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Survey shows Russian households prefer crypto over gold
[ad_1] Ad A new survey by the Central Bank of Russia (CBR) shows that more households keep a higher percentage of their money in crypto wallets. Notably, the bank has conducted this survey every two years since 2013. According to the published document, Russian families hold more crypto assets than mutual funds and gold. Survey…
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Solana-based Rollbit Coin faces scrutiny over crypto influencer promotion tactics
[ad_1] Ad Grizzly accused several crypto influencers of posting undisclosed promotions of Rollbit Coin (RLB) – a small-cap Solana-based casino project. Crypto influencers accused of undisclosed shilling The self-described “chief rug officer” at Pymons, the P2E platform, drew attention to a message posted by the Owner of Rollbit Coin, “Lucky,” who called on “existing partners”…
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ARB token takes a hit as 2 whales liquidate holdings
[ad_1] Ad A recent report reveals that two top Arbitrum (ARB) whales incurred a whopping loss above $400,000 from a recent token sale. Data from an on-chain observer, BitcoinEther, showed that the two anonymous whales sold off a total of 3.37 million Arbitrum tokens on April 2. ARB token has witnessed a 6% decline in…
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Japan FSA warns four exchanges to cease operating without licensing
[ad_1] Ad The Japan Financial Services Agency (FSA) has warned four cryptocurrency exchanges — including ByBit, BitGet, MEXC Global, and Bitforex — to cease offering service to country residents until they obtain the right licenses. According to the notice, the exchanges must register in the country before conducting their operations. Meanwhile, this is not the…
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Ethereum deposit contract holdings exceed 18 million ETH
[ad_1] Quick Take ETH was deposited to the ETH 2 deposit contract — the current ETH balance has now surpassed 18 million ETH. The new value staked on March 31 hit 55,456 ETH — the highest amount one day in March. Additionally, the total amount of ETH transferred to the ETH 2 deposit contract via…
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Over $330M worth of token are scheduled to unlock in April
[ad_1] Ad A total of 17 tokens unlocks are scheduled during April, set to release over $330 million worth of tokens into circulation, according to data from Token Unlocks. The largest unlock will occur on April 15 from BitDAO (BIT), unlocking 1.951% of its total supply — worth almost $1 billion. Over 13% of the…
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Bitcoin drops slightly following OPEC production cuts announcement
[ad_1] The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $27,823.71 and BTC market dominance is %. The price of Ethereum is $1,788.35 and ETH market dominance is %. The best performing cryptoasset sector is Adult, which gained 9%. [ad_2] Source link