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Bitwise Investments Updates Ethereum ETF Filing, Reveals $2.5M Seed Interest

Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and…

Controversial Figure Martin Shkreli Allegedly Behind New Trump-Themed Crypto Token DJT

Martin Shkreli, known for his previous securities fraud conviction, has reportedly claimed to co-create the DJT token, a new crypto asset themed after Donald Trump. The revelation comes as the token’s association with the Trump campaign…

NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 Days

Based on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49…

CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis

Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this…

Alexandria Ocasio-Cortez Bashes Fairshake Involvement in New York Democratic Party Primaries

New York Rep. Alexandria Ocasio-Cortez has criticized the involvement of Fairshake, a crypto-focused super PAC, in New York’s 16th congressional district democratic party elections. Ocasio-Cortez qualified the media campaign against incumbent…

Ripple CEO: Pro-Crypto Stance Will Win Votes in Upcoming Elections

Ripple CEO Brad Garlinghouse expressed his view on the political landscape in the U.S. regarding cryptocurrency regulation on social media platform X on Monday. “You’ll hear this a lot more in the next few months in the U.S. — candidates will…

Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets

A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market…

Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs

Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is…

Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million

Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month…

Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower

At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an…

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17…