On 09th December, Bitcoin ETF recorded its 09th consecutive day of inflow streak. Reportedly, BlackRock’s “IBIT” recorded the highest inflow of $394.1 million, followed by Fidelity’s “FBTC” with $175.5 million. On the other hand, Ethereum ETF saw its 12th day of consecutive inflow on Monday. Notably, BlackRock’s “ETHA” has led the charge with an inflow …
The Worldcoin ($WLD) price has experienced a significant price correction in 24 hours by losing ~25% in valuation. However, a whale has taken a high stake risk by purchasing 1.242 million WLD tokens worth $3.48 million from the OKX cryptocurrency exchange during the early Asian trading hours. With this, the whale now holds 2.69 million …
As per the latest reports, a memecoin trader has made a fortune by trading Pepe tokens. Reportedly, this trader sold 100 billion Pepe tokens worth ~$2.8 million as the PEPE meme coin broke the $0.000028 level and achieved a new all-time high. Notably, this trader bought 4.91 Trillion PEPE memecoins for ~$3,000 on 15th April …
WallStreetBet’s fraudulent breach on its X account led to the stealing of meme coins worth $2.2 million on the Solana blockchain. Blockchain sleuth ZachXBT stated that the exploit originated from X’s mobile application. $1,430,000 in PNUT tokens, $400,000 in ZEREBRO tokens and $130,000 in ALCH tokens were reported as major losses. The hackers exploited a flaw …
A smart trader has bagged massive gains through its memecoin bet recently. As per the latest reports, a trader deposited 121.75 billion PEPE tokens worth $3.22 million to the Binance cryptocurrency exchange today. With this, the trader has made a profit of $2.13M or +197% in 2.5 months. Notably, this is a second win for …
On Sunday, Cardano Foundation’s official X was compromised and there were some posts featuring fake news and others encouraging fake tokens ADAsol. The hacker fabricated that the U.S. SEC crackdown resulted in ADA withdrawal suspension and caused some concern among Cardano users. In response, the Cardano team posted to inform netizens not to pay attention to …
Today, a smart Ethereum trader used 500 ETH tokens worth $1.99 million to snipe 467.64 million CULT tokens. Through this, the trader has made an estimated profit of ~$1 million. Moreover, this sniper used 100 Ethereum tokens worth $398,000 as a “bribe fee” and successfully became the first one to buy the $CULT tokens. So …
As per the latest reports, a diamond-hand whale with wallet address “0x682” deposited its remaining 11,639 ETH tokens worth $46.37 million to the Kraken cryptocurrency exchange. Reportedly, this whale had previously withdrawn 96,639 Ethereum tokens from the Coinbase exchange with an average buy price of ~$1,580 in September 2022. Later, this whale deposited its all …
WEX’s former Russia-based CEO Dmitry V. was detained in Warsaw at the Polish authorities’ initiative following an extradition warrant issued by the United States. Dmitry is under indictment for fraud and money laundering through WEX that succeeded BTC-e, which shut down in 2018. Currently, sentenced to twenty years in prison in Lithuania, Dmitry has previously …
Iran is changing its approach to cryptocurrencies, focusing on regulation instead of bans, says Minister Abdolnaser Hemmati. Speaking at an event in Tehran, he shared the government’s plans to manage digital currencies through the Central Bank of Iran. The goal is to reduce risks, create jobs for young people, and strengthen the economy while tackling …
SushiSwap CEO Jared Grey unveiled ambitious plans for 2025, aiming to diversify the platform’s offerings with cutting-edge products. The lineup includes Wara, a Solana-based trading platform, and Susa, an innovative on-chain order book perpetual DEX. Grey also introduced Kubo, a tool to launch new markets using delta-neutral strategies, and Blade, a novel LVR (Liquidity Value …
El Salvador’s Bitcoin investments have hit an impressive $333 million in unrealized gains as BTC surpassed $100,000 for the first time. President Nayib Bukele celebrated the milestone, highlighting the country’s bold move to adopt Bitcoin as legal tender in 2021. Since then, the nation has accumulated 6,180 BTC with an average price of $44,739 per …
Michael Saylor, the Executive Chairman of MicroStrategy, sees Bitcoin as the ultimate long-term asset, calling it a reliable store of value amid inflation. He encourages investors to take a decade-long view, steadily buying Bitcoin with spare funds. Despite short-term volatility, he believes Bitcoin will outperform traditional assets and fiat currencies in the long run. Under …
Polish Police have detained Dmitry V., a 37-year-old Russian citizen, suspected of fraud and money laundering connected to the collapse of the WEX cryptocurrency exchange. Known as the “Crypto King,” Dmitry V. is believed to be Dmitry Vasiliev, WEX’s former CEO. The arrest was carried out by Poland’s elite Central Bureau of Police Investigation following …
EigenLayer, a major Ethereum restaking protocol, is set to launch its rewards v2 upgrade in January 2025. This marks its first improvement proposal under the new EigenLayer Governance Process. The update focuses on helping external protocols, called Actively Validated Services (AVSs), by allowing reward distribution based on validator performance. Validators can also set their fees, …
As per the latest news, a whale has spent 420 WSTETH tokens worth $2 million to buy 1.47 million FTM tokens today. Notably, during this week, the whale has spent a total of $19 million worth of Ethereum to buy 531.7 billion PEPE memecoins worth $11.04 million, 4.55 million FTM tokens worth $5.83 million, and …
Today, the largest stablecoin issuer Tether has minted 2 billion “USDT” tokens on Ethereum. Reportedly, since 06th November, Tether has minted a combined total of 19 billion USDT tokens on Ethereum and Tron chains. With this, Tether is constantly supporting the funds into various exchanges. Moreover, 4 billion USDT tokens were minted this week. During …
The BTC ETF records a strong positive inflow this week. Reportedly, between 02nd December and 06th December, the Bitcoin ETF has experienced a positive flow for all five days. Notably, 9 out of 11 ETFs recorded a weekly positive flow. BlackRock’s “IBIT” led the run with an inflow of $2,630.8 million, followed by Fidelity’s “FBTC” …
BlackRock’s 2025 Global Outlook highlights Bitcoin’s potential as a new diversified asset due to its fixed supply and growing demand as a payment technology. It notes that amidst a new market environment where the correlation between stock and bond returns is unstable and government bonds are less effective as a cushion against equity sell-offs, traditional …
In a surprising development for users, Solana-based meme coin marketplace Pump.Fun is now officially banned in the UK. Users attempting to access the platform are greeted with a “restricted jurisdiction” message, marking a sudden halt for one of the year’s breakout platforms. The UK’s FCA flagged the platform earlier this week, stating it was “providing …
In a latest development, the price of Ethereum broke above the $4,000 mark on Friday for the first time since March. It is up 2.4% in the last 24 hours and 8.4% in the last seven days, outperforming bitcoin (BTC) in both timeframes. The latest feat comes amid growing Ethereum ETF demand, with the funds …
According to Bloomberg ETF analyst Eric Balchunas, the U.S. spot Bitcoin ETF holdings have exceeded Satoshi Nakamoto’s total holdings, reaching approximately 1,104,534 BTC, making it the entity with the most Bitcoin in the world. Notably, the cumulative holding time of these ETFs is less than one year. BlackRock’s Bitcoin ETF has enjoyed the most success …
Shiba Inu’s burn rate skyrocketed by 2,542% in the past 24 hours, removing over 68 million SHIB tokens from circulation, according to Shibburn. Despite this aggressive burn, SHIB’s price dipped 8.55% to $0.000030, after an earlier 24% surge this week. The coin has struggled to break past the $0.000033 resistance level twice in seven days, …
AMC Entertainment announced plans to sell up to 50 million Class A common stock shares through Goldman Sachs, causing an 11% drop in its stock price to $5.20. The offering, detailed in an SEC filing, includes forward transactions allowing Goldman Sachs to hedge positions and sell shares on AMC’s behalf. The move aims to enhance …
U.S. Bitcoin spot ETFs now hold 1,104,534 BTC, overtaking Satoshi Nakamoto’s 1.1 million BTC in less than a year, according to Bloomberg’s Eric Balchunas. BlackRock’s iShares Bitcoin Trust leads with 521,375 BTC, followed by Grayscale (251,330 BTC) and Fidelity (199,246 BTC). Satoshi’s holdings now rank second, trailed by Binance (633,103 BTC), MicroStrategy (402,100 BTC), and …
Australia’s financial intelligence unit, AUSTRAC, has launched a new task force to target cryptocurrency ATM providers suspected of violating anti-money laundering (AML) regulations. Brendan Thomas, AUSTRAC CEO, highlighted the risks posed by the fast and accessible nature of crypto transactions, which criminals may exploit for money laundering. The task force will ensure ATM operators follow …
Bitcoin (BTC) is seeing increased volatility as it heads into the first December options expiry. With $2.3 billion in BTC options set to expire, the market is bracing for price swings. BTC recently surged to $98,237.17 but remains in a ‘greed’ sentiment zone. The expiry is expected to influence short-term price movements, as it coincides …
France is pushing a new rule to tax Bitcoin and other cryptocurrencies. The plan, introduced by Senator Sylvie Vermeillet, suggests classifying Bitcoin as an “unproductive” asset. If the value of your crypto gains goes over €800,000, you’ll have to pay taxes, even if you haven’t sold it. The idea is to treat Bitcoin like luxury …
The Ethereum price has displayed an impressive price action this week, resulting in the price surpassing the $3,900 mark. Following this, a whale dormant for about 6 years has resurfaced and deposited its remaining 60,079 ETH tokens worth $234 million to the Bitfinex crypto exchange. Notably, this whale withdrew 87,085 Ethereum from Bitfinex on 19th …
As per the recent on-chain data, Marathon Digital which operates as a digital asset technology company acquired another 1,423 BTC tokens worth $139.5 million during the early Asian trading hours. Reportedly, this event took place after MARA announced closing its second convertible note offering worth ~$850 million. The company primarily preferred to purchase Bitcoin tokens …