Coinbase CEO Teases S&P 500-Style Crypto Fund
Coinbase CEO hinted at a new cryptocurrency index fund, the “Coinbase 500,” aiming to offer diverse digital asset exposure similar to the S&P 500. Coinbase CEO, Brian Armstrong discussed an intriguing new strategy on the most recent earnings call for the company. With the intention of giving individual investors diverse exposure to the cryptocurrency market, […]
Genesis Moves $1.5B in BTC, ETH for Creditor Repayment
Bankrupt crypto lender Genesis Global has moved $1.5 billion in Bitcoin and Ethereum for creditor repayment. Arkham Intelligence, a crypto data analytics platform, disclosed the update, which indicated that the funds were transferred to Ethereum (ETH) and Bitcoin (BTC). The implosion of the FTX Derivatives Exchange in Q4 2022 had a substantial impact on Genesis […]
Cardano Reaches Major Network Milestone, Hints Hydra Update
The Cardano protocol has encountered numerous hurdles, yet it has sustained 2500 days of uptime. Charles Hoskinson released an update on Hydra. Cardano founder Charles Hoskinson recently announced Hydra, which has sparked excitement among the ADA community. He teased his followers about the coming of the long-awaited upgrade. The reactions and responses indicate that the […]
FBI Warns About Crypto Exchanges Impersonation Scam
The Federal Bureau of Investigation (FBI) of the United States has issued a warning regarding individuals who impersonate cryptocurrency exchanges to steal users’ funds. According to the FBI, scammers contact their targets through calls or messages and pose as crypto exchange employees. They would assert that the user’s account is experiencing issues or that an […]
Bitcoin Options: 37000 Contracts Expiring August 2 Amid Volatility
Bitcoin options traders are disinterested in August, as there is no huge catalyst. Bitcoin whale buy the BTC price fell to $63,000 earlier today. The Bitcoin (BTC) price has recently come under selling pressure, following the US Fed meeting, where the central bank chose to maintain interest rates constant at 5.25%. With significant volatility in the […]