Search 18,563 Crypto Jobs Right Now!

The recent news articles indicate a negative sentiment in the cryptocurrency market as Bitcoin and major altcoins have experienced significant losses in value, attributed to factors such as weak macro conditions, geopolitical tensions, regulatory actions, and post-halving volatility.

Canadian institutional investors significantly increased their cryptocurrency holdings in 2023, as revealed by a KPMG survey. The financial sector in Canada experienced a surge in crypto adoption, with a 22% rise in firms offering crypto products and services since 2021. Rising debt and inflation likely attracted investors to crypto, according to Kunal Bhasin, a partner at KPMG Canada.

Morgan Stanley plans to allow 15,000 brokers to promote Bitcoin ETFs, potentially injecting new capital into the market.

Binance Founder CZ's legal troubles have garnered support from family, friends, and industry professionals, with his defense team requesting probation due to his non-violent, first-time offense and community support. The case is ongoing with a sentencing date pending.

Inflows and outflows in crypto funds vary: Grayscale's GBTC saw outflows while funds from other firms like BlackRock and Ark Invest received inflows, affecting the bitcoin bull run as inflows slow down this month.

Grayscale aims to convert its Ethereum Trust into a Spot Ethereum ETF, filing with the SEC, while Standard Chartered predicts an SEC delay for Ethereum ETF approval but maintains optimism for the crypto market. The Ethereum price nears an all-time high pending the SEC's decision, with possible hurdles to ETF approval in May. SEC remains in focus for crypto investors.

Bitcoin miners enjoyed a surge in earnings thanks to the Runes protocol, with revenue hitting a new high of $107 million on halving day. Bitget Wallet has also jumped on the bandwagon by integrating the protocol into its DApp browser. The Runes protocol has made a significant impact, claiming a large portion of Bitcoin network transactions. The recent Bitcoin halving has stirred up discussions on transaction fees and market implications, especially with the rise of the Runes Protocol. Bitcoin transactions are on the rise, particularly with the increasing usage of Bitcoin Runes.

Chainlink has recently launched its Cross-Chain Interoperability Protocol (CCIP), enabling secure and efficient token transfers such as ETH, USDC, and LINK across multiple blockchains. This protocol aims to improve cross-chain connectivity and streamline the development of cross-chain applications.

Shiba Inu, known as the "Dogecoin killer," is gaining attention as its price surges and significant token transfers occur, sparking community speculation. The burn rate spikes by 2200%, fueling bullish sentiment among traders and investors, with potential to re-enter the top 10 cryptos.

Robinhood has expanded its cryptocurrency offerings to New York residents, now including Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP). This move allows traders in New York to access a wider variety of tokens on the platform.

Senators Lummis and Gillibrand are leading a bill to regulate stablecoins, potentially allowing banks to enter the market with an advantage over other institutions, enhancing competition.

Bitcoin ownership dynamics are shifting, with short-term holder whales now holding $110.6 billion worth of Bitcoin, surpassing long-term holders by almost double. New whales in the market are accumulating more BTC, now holding twice as much as veteran holders, making up 25.16% of the total supply.

Nubank, the largest digital bank in Latin America, has introduced new functionality allowing customers to handle Bitcoin, Ethereum, and Solana transactions through its app, enhancing control over digital assets and marking a significant shift in its approach to cryptocurrencies.

The SEC seeks a record $5.3 billion fine after finding Terraform Labs and Do Kwon liable for fraud, surpassing past penalties for crypto firms.

Square's new initiative enables merchants using its services to convert a portion of their daily sales into Bitcoin automatically, with a 1% fee.