Ethereum derivatives have mixed performance against Bitcoin: Bybit
Bybit and analytics firm Block Scholes released a derivatives market report indicating mixed signals for Ethereum and Bitcoin. The report highlights a decline in Ethereum’s (ETH) perpetual open interest, primarily…
BlackRock on Bitcoin: 2% allocation reasonable for portfolios
BlackRock has recommended a Bitcoin allocation size for the first time, likening the digital asset to Wall Street’s “Magnificent 7.” According to a new BlackRock report, allocating 1-2% of a…
Ukraine to legalize crypto in early 2025 with no tax exemptions planned
Ukraine is moving closer to legalizing cryptocurrency, with a new bill expected to be finalized by the first quarter of 2025. Danylo Hetmantsev, head of the Ukrainian Parliament’s Committee on…
Chainlink price hits 3-year high as open interest spikes to all-time high
Chainlink is among top gainers on Dec. 12 as its price breaks to its highest level in nearly three years, with this coming as futures open interest spiked to an…
Former Grayscale CEO Michael Sonnenshein joins Securitize
Blockchain firm Securitize has appointed Michael Sonnenshein as Chief Operating Officer, a key role alongside CEO and co-founder Carlos Domingo. Former Grayscale CEO Michael Sonnenshein assumed his new position at…
Binance Records $21.6B in User Fund Deposits in 2024, Higher Than Next 10 CEXs Combined
Key Points Binance’s CEO, Richard Teng, revealed that Binance recorded $21.6 billion in user inflows in 2024. This year, Binance became the 1st crypto exchange to exceed $100 trillion in…
Australian wealth manager AMP invests $27m in Bitcoin as first major superannuation fund to embrace crypto
AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market. AMP Wealth Management, one of Australia‘s largest wealth…
Binance CEO says users deposited over $21b to the exchange in 2024
Binance CEO Richard Teng announced that the crypto exchange saw a total of $21.6 billion in user fund deposits throughout 2024 alone, following a surge in Bitcoin and Tether deposit…
Crypto x AI makes up just 1% of crypto market cap, says analyst
The Crypto x AI sector comprises just 1% of the entire crypto market cap, says David Cheung. However, he believes that there is room for the sector’s growth. David Cheung…
Blockchain provider Fireblocks sets up office in Japan to support institutional adoption
As Japan signals its plans to become a leader in institutional blockchain adoption, Fireblocks opens a regional office in Tokyo to support the country’s expanding ecosystem. Crypto custody and blockchain…