The “End the Fed” campaign has gained momentum recently, calling for a radical shift in how the nation handles its financial system. This movement argues that the United States should abolish the Federal Reserve, its central bank. Critics contend that the Federal Reserve’s approach to monetary policy is fundamentally flawed, leading to economic instability and…
Arkham Intelligence Partners with Ninja Traders Arkham Intelligence, a leading provider of onchain data, tooling, and analysis, has announced a strategic partnership with Ninja Traders, Turkey’s leading crypto trading group. The partnership aims to offer Ninja Traders’ elite community of traders access to Arkham’s high-quality crypto data in real-time, according…
Bitcoin (BTC) could be approaching a “euphoric bull” phase, according to a popular on-chain analyst. The pseudonymous analyst known as Checkmate tells his 91,100 followers on the social media platform X that BTC is approaching a “decision point.” “Bitcoin breaking to a new ATH (all-time high) has historically represented a transition point from the Enthusiastic…
HKMA Announces Tender Results of People’s Bank of China RMB Bills The Hong Kong Monetary Authority (HKMA) has announced the results of the tenders for the RMB Bills issued by the People’s Bank of China (PBoC) held on 22 May 2024, according to a press release on HKMA’s official website….
The venture capital arm of the world’s largest crypto exchange by trading volume is announcing a new investment in a decentralized exchange (DEX) protocol. According to a new press release, Binance Labs has invested in a layer-2 (L2) DEX called Aevo, a rebrand of Ribbon Finance. Aevo bills itself as a high-performance derivatives DEX platform tailored for futures…
Bitcoin Market Settling Down According to a recent report by Glassnode, Bitcoin markets have experienced a cool down after several months of intense distribution pressure. This comes after a significant period of distribution into the All-Time High (ATH). Despite the lighter sell-side activity, capital inflows remain relatively modest. However, the…
The price of Ethereum (ETH) is surging after two Bloomberg analysts dramatically changed their assessment on whether an Ethereum ETF will soon be approved by the U.S. Securities and Exchange Commission. Eric Balchunas and James Seyffart increased their outlook that a spot Ethereum ETH will be approved from 25% to 75%, citing an apparent change…
Binance Launches USDC Trading Pairs Promotion In celebration of the launch of USDC trading pairs on Binance P2P, Binance is offering a total of 7,000 USDC in Token Vouchers for P2P takers, according to an announcement on Binance.com. The promotion period runs from May 21, 2024, 00:00 (UTC) to June…
New data from market intelligence firm IntoTheBlock reveals that deep-pocketed crypto investors have accumulated tens of billions of dollars worth of Bitcoin since BTC exchange-traded funds (ETFs) launched in January. In a new article, IntoTheBlock says that the top crypto asset by market cap’s era of institutional adoption is here as crypto whales have gobbled…
Binance Introduces Word of the Day Game In a bid to enhance crypto education, Binance has launched a new Word of the Day (WOTD) game. The initiative is designed to help users increase their crypto vocabulary while keeping abreast of the latest market developments. The theme for the week is…