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11 Apr 23

Fan tokens rally with 8% increase in combined market cap

Football fan tokens continue registering massive gains amid the bullish outlook dominant in the broader crypto markets. Consequently, the combined market capitalization of these tokens has recorded an impressive 8% gain in the past 24 hours, recently crossing the $370 million threshold. Prominent price-tracking resource CoinGecko called public attention to the latest bullish campaign in […]
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10 Apr 23

USDT market cap surges, while USDC and BUSD record massive declines

Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having recently hit an 11-month-high market cap. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) have each observed record declines in their respective market capitalizations. USDT market cap chart on April 10 | Source: CoinMarketCap Notably, USDT’s market […]
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07 Apr 23

Scrammuci believes bitcoin bear market is gone

As a result of bitcoin’s strong start to the year 2023, the founder of SkyBridge Capital, Anthony Scaramucci, believes that we’re over the bear market. He also has expressed confidence in the crypto investments of his business. During an interview on April 6, 2018, with Yahoo Finance, Scaramucci observed bitcoin’s (BTC) performance stating that over longer periods, […]
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05 Apr 23

‘Operation Cookie Monster’ brings down black market crypto data marketplace

United States and international law enforcement agencies have shut down the Genesis Market, a hacker marketplace notorious for selling compromised credentials and digital browser fingerprints, some of which were used to steal cryptocurrencies. According to a TechCrunch report, the operation, dubbed “Operation Cookie Monster,” involved the FBI and law enforcement agencies from the Poland, United […]
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05 Apr 23

OPNX exchange slow to start in bankruptcy claims market

The recently launched OPNX, a bankruptcy claims exchange platform co-founded by former Three Arrows Capital executives, experienced minimal trading volume, raising questions about its customer acquisition strategy and market demand. Open Exchange (OPNX), a bankruptcy claims exchange platform, was launched on April 5 by Kyle Davies and Su Zhu, co-founders of the unsuccessful crypto hedge […]
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04 Apr 23

Binance US market share increases despite CFTC lawsuit 

Binance US saw increased trading volume and market share during Q1 2023, despite the Commodities Futures Trading Commission (CFTC) lawsuit. Binance still maintains a 54% CEX market dominance. Since the disgraced Sam Bankman-Fried’s FTX collapse last November, regulators in the US and other jurisdictions have tightened the noose on centralized bitcoin (BTC) trading venues, with […]
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