Algorand up over 12% following on from India partnership

Ad Algorand (ALGO) — the blockchain-based cryptocurrency protocol that leverages proof-of-stake technology — is up over 12% in 24-hour trading following the announcement of its partnership in India. Algorand’s recent push into India On Mar. 29, ALGO reported that it has secured a partnership deal in India with AlgoBharat, a move it hopes will support…

Italy led crypto trading in Q4’22 – $112K per user

Ad Italy led the charts as the highest crypto trading volume per person during the fourth quarter of 2022 with $111,265, according to a recent study from BitcoinCasinos. The U.K. and the U.S. are ranked second and third with $91,716 and $73,279, respectively, as the data from BitcoinCasinos report indicates. Crypto trading in Q4’22 During…

Bitwise CIO sees ‘no path forward’ for spot Bitcoin ETF

Ad Bitwise believes there is currently”no path forward” for a spot Bitcoin ETF with the SEC. Thus the company does not have an application with the regulator at this time, the company’s CIO Matthew Hougan told Pensions & Investments. However, Hougan added that the company plans to launch a spot Bitcoin ETF once regulatory conditions…

Coinbase CEO sells shares prior to SEC warning

Ad Coinbase CEO Brian Armstrong sold Coinbase shares prior to receiving a warning from the Securities and Exchange Commission (SEC), according to data shared on Twitter by crypto sleuth, @theirish_man. Armstong has been selling his shares since November 2022, but the three sales transactions recorded days before the SEC warning caused Coinbase shares to drop…

Avalanche C, X-chains experience brief outage due to network bug

Ad Avalanche chains X and C experienced brief outages and a period of degraded performance on March 23, as the result of a bug in the network’s 1.9.12 version. Avalanche’s C-chain experienced an hour-long outage and was unable to produce any blocks during that time, according to data from AVAScan. Block production stopped at 07:25…

Bitcoin breaks below $26.7K; liquidations rise over $230M in 24hrs

Ad Bitcoin reached a new year-to-date high of $28,865 prior to the FOMC meeting this afternoon. However, it then proceeded to lose both the $28,000 and $27,000 psychological support falling 7.2% in two hours. Over $224 million has been liquidated from the crypto markets over the past 24 hours, with $170 million in the past…

Coinbase insiders sold $7.4M stocks in the last 30 days

Ad Coinbase insiders — including its chief executive officer Brian Armstrong and other executives — have sold $7.4 million worth of the company’s stocks in the last 30 days, according to Dataroma data. Coinbase CEO sold $5.8 million stocks Brian Armstrong sold $5.8 million in COIN stocks during the period — almost 50% were sold…

SHIB burn rate up a staggering 8733% over the past 24 hours

Ad Shiba Inu (SHIB) burn rate is up an enormous 8733.78% in the last 24 hours, according to the Shibburn website. The burn rate of a token corresponds to a portion of the supply being sent to a burn token address, with the idea of putting deflationary pressure on a cryptocurrency’s supply/demand dynamic. (Source: Shibburn)…

Top 3 coin movers today: XinFin, Joe, Hex

Ad In the last 24 hours, the cryptocurrency market has seen some interesting movements, with three digital assets standing out from the rest regarding price performance. XinFin up over 21% XinFin (XDC) is the first digital asset that made a list, with a 24-hour price increase of 21.37%. This price rise comes after a strong…