Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a…
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the…
Aave Network Set to Launch Following Aave V4 Protocol
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave…
Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding…
Riding a Wave of Positive News, Crypto Markets Turn Bullish
In a series of positive developments, the cryptocurrency market appears to be entering a bullish phase, marked by significant regulatory approvals and an apparent shift in political relevancy. The U.S. Securities and Exchange Commission’s…
From Web3 Casino to VR GAMBLEVERSE: MetaToken Successfully Closes $5 Million Private Round
PRESS RELEASE. On April 21st, MetaToken, a casino project on Ethereum and TON, announced the successful closure of its private funding round. The project attracted $5 million in just one week, establishing itself as a powerful new player and…
Former Mt Gox CEO Mark Karpelès Assures No Imminent Bitcoin Sale, ‘Everything Is Fine’
In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the…
Trump Inquired if Bitcoin Could Aid in Solving the $35 Trillion US National Debt Problem
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national debt problem. During an X space on Sunday night, Bailey…
Crypto Markets Spooked as Mt. Gox Moves Over $9B in Bitcoin
The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years…
Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the…
South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive
The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC…
Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’
Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this…
Turkish Parliament Committee to Review Crypto Bill This Week
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the…
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, $7.3…
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to…
JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is…
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the…
On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested by onchain sleuth Zachxbt. Prior to the hack, an address linked to CAT’s team used funds from a manipulated…
Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations
The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar…
Bernstein Predicts Crypto Arms Race Among Asset Managers
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance)…
US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That…
Apu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support
PRESS RELEASE. Apu Apustaja, a new memecoin making waves in the industry, has announced impressive support from its rapidly growing community, including over 11,650 coin holders and more than 13,000 Telegram channel members. Leading a revolution in…
Dabba Announces Expansion of 10,000 New Wifi Hotspots in India Through Depin Program
Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token…
Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The week’s biggest leader, however, was pepe (PEPE) which rose 78.5% over the seven-day run. Broad Crypto Market Gains…
AI Meme Coin Presale WienerAI Raises $3M – Next Crypto to Explode?
A new AI-powered crypto project is turning heads and raking in millions during its presale. Called WienerAI (WAI), this meme coin with a twist has already raised $3 million by combining a hilarious meme design with an advanced crypto trading bot…
Football Star Cristiano Ronaldo Seemingly Ignores $1 Billion Lawsuit After Urging Fans to Sign Up Latest NFT Drop
The Portuguese footballer Cristiano Ronaldo has informed his 111 million followers on the social media platform X to prepare for the unveiling of his latest collection of non-fungible tokens (NFTs) on Binance. In a post dated May 24, Ronaldo…
Normie Meme Coin Suffers Exploit, Vows to Relaunch After Negotiating Hacker Bounty
Normie, a meme coin launched on Base, suffered an exploit that took its market capitalization from almost $42 million to $1 million. The exploiter sent a message offering to keep 10% of the ETH exploited, and demanding that the remaining 90% and…
Ethereum Technical Analysis: Bullish Signals Dominate as Ether Trends Higher
Ethereum’s price on May 27, 2024, stands at $3,908, reflecting a strong upward trend in the recent trading sessions. Ether’s intraday range has been between $3,795 to $3,953 over the past 24 hours. Ethereum Ethereum’s 1-hour chart reveals a…
PRESS RELEASE. Dublin, Ireland — May 27, 2024 — ETH Ireland, the team behind Ireland’s first web3 hackathon and conference, builds on the success of last year’s event with repeat sponsorship from the Fidelity Center for…
Nomura and GMO Collaborate on Japanese Stablecoin Issuance
Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet…
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