In 2008, at the height of the global financial crisis, an anonymous figure named Satoshi Nakamoto proposed Bitcoin, a groundbreaking electronic cash system. Welcome to the History of Crypto, a Cointelegraph series that brings readers back in time to the most significant events in the crypto space. Powered by Phemex, the timeline allows crypto community…
Read more
Key Points: JPMorgan believes that the Bitcoin price retreat will continue as long as the risks persist. Outflows from 10-spot Bitcoin ETFs have reached a peak since their inception. Despite recent record highs, retail trader enthusiasm for Bitcoin appears to be waning. Bitcoin, the world’s largest cryptocurrency, has seen a significant pullback, declining over 10%…
Read more
The National Agency for Prospective Projects anticipates the revenue generated from the sector to double once the new structure is in place. Uzbekistan’s National Agency for Prospective Projects (NAPP) has issued a new directive to increase the monthly fees for crypto market participants in the country. The mandate was given on Tuesday, March 19, 2024.…
Read more
The ETF’s record outflow day came as Bitcoin hit a U.S. trading day low of nearly $62,000 as it continues to slide after hitting a high last week. United States spot Bitcoin exchange-traded funds (ETFs) have witnessed their largest day of joint outflows on record, with a total of $326 million being shed from the 10…
Read more
Key Points: Representative Patrick McHenry is optimistic about the passage of cryptocurrency legislation, particularly a US stablecoin bill. McHenry highlights upcoming opportunities for legislative action before the elections but refrains from specifying timelines. According to Godleak, U.S. Representative Patrick McHenry, chairman of the House Financial Services Committee, provided insights into the progress of cryptocurrency legislation…
Read more
Crypto exchange Coinbase has announced plans to launch futures trading for Dogecoin, Litecoin and Bitcoin Cash as soon as April 1. Crypto exchange Coinbase believes Dogecoin’s“enduring popularity” suggests it has transcended its meme origins to become a staple in the cryptocurrency industry — and is now planning to launch futures trading products for the cryptocurrency.…
Read more
Japan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a potential diversification tool. Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is looking at Bitcoin as a potential diversification tool. The GPIF officially announced on March 19 the development of new long-term…
Read more
With so many metaverse crypto projects on the market, how do you know which metaverse coins are the best? This is the place to find out. In this article, you’ll discover five of the top metaverse coins that are favorites of industry experts, why you should invest in them, and which one could outperform them…
Read more
Crypto market depth has almost fully recovered and is back to its pre-FTX average reports crypto research firm Kaiko. A major decrease in market liquidity that persisted after the shutdown of FTX and Alameda Research in November 2022 has now recovered to pre-collapse levels, according to crypto research firm Kaiko. In a March 18 research…
Read more
Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum. More than $640 million worth of Bitcoin flowed out of crypto asset manager Grayscale’s spot Bitcoin ETF on March 18, marking the largest day of outflows for the…
Read more
