Markets

Binance disclosed in its 16th proof-of-reserves (PoR) snapshot that its assets exceeded $100 billion as of March 18. The exchange views this milestone not merely as an “arbitrary number” but as evidence of continued trust in Binance and a strong indication of the crypto markets’ solid performance. Binance’s User Asset Holdings Surge In a blog post, the company revealed that its user assets under custody have surged, more than doubling from $40 billion as the year began to...

Analysts at the Bitfinex crypto exchange say that alternative cryptocurrencies (altcoins) have remained resilient amid Bitcoin’s (BTC) approximately 12.5% correction in the past week. According to the latest Bitfinex Alpha report, the altcoin market’s resilience is demonstrated in the Total3 index, which reached a new cycle-high market capitalization of $788 billion on March 14. Although the index has fallen by 14% due to the broader market correction, its plunge is less than...

Grayscale CEO Michael Sonnhenshein has promised to lower the management fee of the company’s spot Bitcoin ETF, whose above-average cost has led to overwhelming outflows in recent months. In an interview with CNBC on Monday, the executive promised that the fee will drop over time as the crypto ETF market matures. “I’ll happily confirm that, over time, as this market matures, the fees on GBTC will come down,” he said. Upon converting into an ETF on January 11, the fund dropped...

TL;DR Coinbase added Arkham (ARKM) to its observation list, leading to a brief price spike, and announced the delisting of another cryptocurrency amid a market decline. Binance updated its platform with new trading pairs and contracts, temporarily halted Solana (SOL) withdrawals due to network congestion, and expanded its trading bot pairs. The leading cryptocurrency exchange – Coinbase – continues implementing amendments to its platform to enhance user experience. Most...

The cryptocurrency market is volatile and unpredictable; one second, a coin is completely unknown, and the next, it’s generating millions of dollars in value. Presently, this is exactly the case with BEFE Coin. Every day, more and more people are talking about BEFE Coin in online communities like Reddit’s active chat rooms and Telegram’s crypto groups. Everyone, from seasoned crypto investors to complete crypto beginners, is getting swept up in the excitement...

CoinspeakerBitcoin Sudden Decline to Below $63K and Its Market-Wide Impact The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF. Bitcoin Sudden Decline to Below $63K and Its Market-Wide Impact

The crypto market is rallying, and the bull run has favored some projects lately. A few of them are BOOK OF MEME (BOME), Myro, and PepeFork. These coins are making waves within the crypto sphere. Despite a 38.32% decline, Booke of Meme maintains a market cap of $610,931,657, with 55,199,727,655 BOME coins in circulation. Myro showcases a remarkable 12.76% increase, boasting a market cap of $270,364,422 and a circulating supply of 944,203,815 MYRO coins. At the...

ADA price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.7020 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.680 and $0.700 resistance levels. Cardano’s price is struggling below $0.700 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $4,100 resistance against the US Dollar. ETH price is now trading below $3,750 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,640 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,650 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...

Binance has cleared its personnel from the allegations surrounding Book of Meme (BOME), a meme coin built on the Solana blockchain. The move follows widespread discussions and allegations of possible insider trading associated with the “BOME rat warehouse” incident, prompting Binance to take swift action to address the matter. Binance Responds to Allegations In an official statement released on X, the exchange emphasized its commitment to maintaining transparency and fairness...