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US Market Dominates Bitcoin Trading Amid ETF Boom

Bitcoin trading during US market hours has surged to unprecedented levels, accounting for 46% of this year’s cumulative volume from January to April. This increase in trading activity is closely linked to the January launch of spot-Bitcoin exchange-traded funds (ETFs). US Dominates Bitcoin Trading, Asia Lags Behind Kaiko Research highlights that the volume of Bitcoin […]

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Phantom Acquires Bitski, Brings Embedded Wallets to Solana

Phantom, a leading crypto wallet in the Solana ecosystem, recently announced its acquisition of the wallet-as-a-service platform, Bitski. In the coming months, Phantom plans to fully integrate Bitski’s team and technology into its ecosystem, and existing Bitski products will sunset as users transition to Phantom’s embedded wallet solutions. While the terms of the deal were […]

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Fed May Trigger Dollar Drop to Boost Crypto

Arthur Hayes, the former CEO of BitMEX, suggests that the Federal Reserve implement an unlimited dollar-yen swap agreement with the Bank of Japan (BOJ) to curb the yen depreciation. This move could sharply devalue the US dollar, increasing global dollar liquidity, which might benefit the crypto market, particularly Bitcoin. Hayes’ Perspective on Dollar-Yen Swap Arthur […]