Crypto World News

2024-05-18 06:35:20 Jaffe Tilchin and 4 other firms disclose spot Bitcoin ETF investments during Q1

Jaffe Tilchin Investment Partners was one of several firms that disclosed investments in spot Bitcoin ETFs on May 16. The Florida-based investment manager and insurance services advisor revealed it invested $11.3 million in spot Bitcoin ETFs during the first quarter — comprising $9.8 million in BlackRock’s IBIT and $1.6 million in Grayscale’s GBTC.

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2024-05-17 18:51:52 Top 5 Daily Gainers & Losers

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2024-05-17 18:00:20 It's game time at Tari! Retweet, follow, and join the fun in the Discord community. Start earning now by clicking here: https://airdrop.tari.com/teaser?referralCode=TG28 Open / Comment

2024-05-17 07:10:40 Bitcoin options traders anticipate short-term price correction, analysts say

Despite yesterday's softer U.S. CPI inflation report, investors are still ready to pay a premium for short-term downside protection, according to CF Benchmarks' analysis of Chicago Mercantile Exchange (CME) options on bitcoin futures. The CF Benchmark analysts said that although bitcoin saw a breakout above the $66,000 mark after yesterday's softer inflation print, there is still "higher implied volatility for OTM puts compared to calls.".

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2024-05-16 20:22:33 MakerDAO founder says fully decentralized 'PureDai' will launch in few years

MakerDAO founder Rune Christensen said a future token, PureDai, will serve as a fully decentralized alternative to its U.S. dollar-pegged stablecoin. Known as PureDai, the stablecoin will operate exclusively on the Ethereum mainnet and use ether and Lido staked ether (stETH) as collateral backing — fully relying on decentralized oracles. It will also have a free-floating peg, meaning the decentralized stablecoin may not be pegged to the dollar.

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2024-05-16 10:03:47 FTX repayments might cause crypto buying pressure: K33

A Tuesday report from the digital asset brokerage firm K33 suggests that repayments from the collapsed crypto exchange FTX might have bullish effects on the crypto market. "While Mt. Gox and Gemini creditor repayments represent a bearish overhang in the market, FTX’s cash repayment may be viewed as a bullish overhang," K33 wrote in the report.

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2024-05-15 20:28:56 Robinhood launches Solana staking in Europe plus new customer rewards program

Robinhood Crypto has announced it is launching a Solana-staking product in Europe in conjunction with a bonus program for new customers. In Europe, "Robinhood Crypto customers can now stake their Solana holdings directly through the app, allowing them to earn rewards with the flexibility to unstake at any time," the company said in a statement. Additionally, "new customers can earn a 10% bonus on their net buys over their first 30 days on the platform," Robinhood added.

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2024-05-15 19:42:41 Top 10 Trending Coins Last 7 Days

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2024-05-15 18:32:16 Top 5 Daily Gainers & Losers

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2024-05-14 20:09:56 Coinbase reports system-wide outage, ensures 'funds are safe'

Cryptocurrency exchange Coinbase is experiencing a “system-wide outage,” and the company is investigating the issue. The exchange stated in an X post that its team is working on a solution. “Your funds are safe,” the firm added. The crypto exchange previously encountered a temporary technical glitch in March when its trading platform experienced problems amid heavy trading, including showing some users that their account balance was $0.

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