Category: Latest news
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London Stock Exchange sets May 28 launch date for Bitcoin, Ethereum ETNs
[ad_1] The London Stock Exchange said in a March 25 notice that it plans for Bitcoin (BTC) and Ethereum (ETH) crypto exchange-traded notes (ETNs) to begin trading on May 28. The latest announcement also details other key dates. The London Stock Exchange will begin accepting applications for admission from issuers on April 8. The FCA…
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$9 billion in Bitcoin options set to expire on March 29
[ad_1] Quick Take Deribit data indicates that nearly $9 billion worth of Bitcoin (BTC) options are due to expire on March 29, the last Friday of the month, with the total open interest amounting to 133,914 BTC. The put/call ratio is reported at 0.80, signifying more calls in circulation compared to puts, and reflects bullish…
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Bitcoin’s price rally above $69,000 leads to widespread market liquidations
[ad_1] Quick Take Bitcoin has started the week strong with a push above $69,000—up more than 3% today and marking its highest value since March 16. The move triggered a flood of liquidations in the digital asset ecosystem. These liquidations stem partly from the digital assets strong rally, peaking at an impressive $69,400. BTCUSD Bitstamp:…
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Canary network testing proposed after AMM launch issues on Ripple’s XRP Ledger
[ad_1] Ripple‘s developer arm, RippleX, revealed that some of the recently introduced Automated Market Maker (AMM) pools on XRP Ledger (XRPL) encountered technical issues that prevented transactions from processing correctly. In a March 24 statement on X (formerly Twitter), the developers said: “The discrepancy affected how the DEX payment engine routes liquidity through AMM pools and…
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Bitcoin CEX trading volume hits record high in March
[ad_1] Bitcoin‘s trading volume on centralized exchanges (CEXs) saw a significant spike in March, marking the highest recorded CEX volume since May 2021 — and the month isn’t over yet. Monitoring trading volume on CEXs offers invaluable insights into market sentiment, liquidity, and the overall health of the crypto market. From September 2023 to Mar.…
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Last week’s market correction spurred $942 million outflow from investment products
[ad_1] Crypto-related investment products experienced a downturn after a streak of record inflows, with a total outflow of $942 million reported last week, according to CoinShares‘ latest weekly report. This marks the first instance of outflows in the past eight weeks, signaling the conclusion of an impressive seven-week inflow totaling $12.3 billion. Market correction impacts…
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Arbitrum community argues for memecoins over DeFi in $3.3 million DAO fund proposal
[ad_1] The Arbitrum Decentralized Autonomous Organization (DAO) is contemplating a $3.3 million memecoin fund to foster a memecoin-friendly ecosystem within the Ethereum layer-2 blockchain network, according to a March 24 proposal on the platform’s discourse forum. According to the proposal: “The motivation of the memecoin fund is to help the Arbitrum ecosystem as a whole.…
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Binance ends Tron USDC support as it faces blockade in the Philippines
[ad_1] Crypto exchange Binance said it would end support for Tron network-based USD Coin (USDC) stablecoins by April 5, according to a March 25 statement, following recent news Circle is pulling out of the Tron blockchain entirely. Consequently, Binance users have less than two weeks to withdraw their assets or convert them to USDC on…
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Detained Binance executive escapes from Nigerian custody amid tax evasion charges
[ad_1] Binance confirmed to CryptoSlate that Nadeem Anjarwalla, one of its executives detained by the Nigerian authorities, has escaped custody. A Binance spokesperson said: “We were made aware that Nadeem is no longer in Nigerian custody. Our primary focus remains on the safety of our employees and we are working collaboratively with Nigerian authorities to…
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Bitcoin edges closer to gold with market cap nearing 10%
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…