Japanese investment firm Metaplanet, often called “Asia’s MicroStrategy,” announced plans to raise $62 million through its 12th series of stock acquisition rights (SARs). Partnering with EVO FUND, Metaplanet will issue 29,000 SAR units, each priced at 614 yen, with regulatory approval pending. Proceeds will fuel its aggressive Bitcoin accumulation strategy, leveraging both debt and stock …
21Shares has announced that it will launch four exchange-traded products (ETPs), expanding its offerings in the crypto investment space. The newly released ETPs focus on oracles, tokenization, decentralized computing, and artificial intelligence, showcasing the firm’s commitment to providing exposure to cutting-edge blockchain innovations. The ETPs include the NEAR Protocol Staking ETP, Ondo ETP, Pyth Network …
Arbitrum has announced the “Trailblazer AI grant” program, which supports innovative builders specializing in creating AI products on Arbitrum chains. The program features grants worth up to $1M to fund the most promising AI agent projects and aims to onboard thousands of AI agents and applications onto the Arbitrum ecosystem. Each project can receive up …
The US PCE inflation data has come out in line with expectations. Inflation rose by 2.3% year over year (YoY). Meanwhile, US inflation increased by 0.2%, similar to the September data. The Core PCE data, which excludes food and energy, showed that inflation increased by 2.8% YoY, which is in line with estimates and up …
Pump Science, the decentralized science (DeSci) launch platform based on Solana reported the incident that occurred due to the developer‘s negligence: the private key of the wallet was leaked – T5j2U…jb8sc. This wallet that generates URO and RIF tokens was hacked and allowed an attacker to produce fake tokens as they wanted. The coins generated …
After holding $WIF for less than 24 hours, sbfonchain.sol sold it all for 4.08M $USDC, locking in a staggering $654K loss. Without wasting any time, the trader quickly reinvested in meme coins. The entity spent 1M $USDC to buy1.6M $CHILLGUY, 500K $USDC for 1.44M $Fartcoin, and 176K $USDC to pick up 2.6M $UBC. Despite the …
Bitcoin ETFs recorded a net outflow of 3,674 $BTC ($343.96M), with Bitwise leading the withdrawals, losing 2,957 $BTC ($276.84M). Bitwise now holds 40,186 $BTC (~$3.76B). Ethereum ETFs weren’t spared, reporting a net outflow of 1,787 $ETH ($5.92M). Grayscale (ETHE) contributed heavily, offloading 5,941 $ETH ($19.7M), reducing its holdings to 1,502,976 $ETH (~$4.98B). Meanwhile, Bitcoin is …
A major EIGEN claimant deposited 1.091M EIGEN worth ~$3.63M to CoinbasePrime, following an 8.34% surge in 24 hours. The tokens were claimed from @eigenlayer using 31 wallets between October 30 and November 26. Currently ranked 126, $EIGEN trades at $3.38 with a market cap of $631.46M, up 9.11% today. Trading volume reached $307.06M in the …
Standard Chartered’s digital assets researcher Geoff Kendrick believes that Bitcoin could drop to as low as $88,700. He believes that the catalyst for Bitcoin’s recent price decline was a post Bessent announcement for Treasury reduction in U.S. Treasury term premium. Kendrick added that in the short term, Bitcoin’s rally could slow as one of Bitcoin’s …
Pantera Bitcoin Fund has recently achieved an insane milestone of 1,000x. The post-election surge has taken the fund a further 30% higher. The Fund’s lifetime return is now 131,165%, net of fees and expenses. CEO Dan Morehead noted that Massive institutional managers are now offering incredibly cheap, efficient access to anyone with a brokerage account …
Uniswap Labs has initiated the largest bug bounty campaign ever, worth up to $15.5 million to find a critical vulnerabilities in its v4 core smart contracts. In order to achieve the highest payouts, bounty hunters will need to find a critical flaw or exploit in the Uniswap v4 core contracts code, as per the terms …
In a recent development, Binance annuounced removing the tokens GFT, IRIS, KEY OAX and REN from its platform on December 10, 2024 citing a lack of compliance with industry standards. The news triggered a significant sell off as the tokens dropped over 30%-50% shortly after the news. Notably, Most of these tokens had registered lower …
In a latest development, a bold legislative proposal has been introduced Member of Brazil’s Chamber of Deputies Eros Biondini to establish a strategic Bitcoin reserve. The plan would allocate up to 5% of the nation’s international reserve to buy Bitcoin and diversify its national assets. The Congressman views the ‘Bitcoin Strategic Sovereign Reserve’ as a …
Telegram’s crypto holdings surged to $1.3 billion in the first half of 2024, up from $400 million at the end of 2023. This increase was driven by profits from selling Toncoin and strategic deals related to The Open Network (TON). Telegram also reported $525 million in revenue for H1 2024, with $353 million coming from …
Ethereum’s blob usage has skyrocketed, averaging over 21,000 blobs this month, matching the record set in March. This surge follows the Dencun upgrade, which introduced blobs to Ethereum, allowing Layer 2 solutions like Arbitrum and Optimism to bundle and post transactions more efficiently. The increased demand for blobspace has driven blob fees to a 30-day …
The largest cryptocurrency by market capitalization, Bitcoin is now close to achieving the 1 million daily active users mark for the first time since 2019. Reportedly, this highlights a massive increase in the adoption process. Moreover, top analysts believe that this could possibly act as a catalyst for the star crypto to hit its milestone …
As per the official statement by OKX, it is all set to expand its services in Europe by launching a trading platform and self-custodial wallet in Belgium. Residents can now trade over 200 cryptocurrencies, including 60 trading pairs with Euro. Reportedly, this launch does not involve direct regulatory approval from local authorities. To fast-track Euro …
Cardano (ADA) bulls are showing confidence despite its price dip below $1. On-chain data reveals that investors withdrew $100 million worth of ADA from exchanges in just two days, signaling reduced selling intent and potential upward price pressure. Meanwhile, the recent change in Cardano’s Spot Inflow/Outflow data shows a positive trend, with outflows improving from …
Changpeng Zhao (CZ), the former Binance CEO, has taken a strong stance against meme coins, calling them “a little weird.” CZ urged blockchain developers to shift their focus toward creating projects with real-world utility rather than chasing hype. Meme coins often thrive on social media buzz but offer little practical value, leaving many investors with …
Bitcoin has slipped to $93,000 after nearly hitting the $100,000 mark, as long-term holders take profits. Data shows these holders shifted from accumulating to selling in late September, following months of reducing market supply and driving prices higher. The Market Value to Realized Value (MVRV) Ratio has now entered the “euphoria” zone, signaling an overheated …
As per the latest reports, the largest trading platform in the world, Binance cryptocurrency exchange announces the delisting of 8 altcoins trading pairs on its spot trading. Reportedly, Binance states that to ensure a high level of standard and industry needs, it periodically reviews its token catalog and removes those that do not meet liquidity …
As the crypto market buzzes with activity, a prominent whale, @degentradingLSD, has made headlines by depositing 254.65B $PEPE (~$5.15M) to Binance, securing a massive $4.81M profit in just 13 hours. Currently, the whale holds 430B $PEPE ($8.13M), with an unrealized profit of $7.74M (13x return). In addition, the portfolio includes 3.96M $DOGE ($1.6M), boasting a …
On November 25, Bitcoin ETFs saw a net inflow of $489.16 million, signaling strong institutional demand. BlackRock’s iShares Bitcoin Trust led the surge with an inflow of $492.28 million, bringing its total holdings to 492,623 BTC, valued at $46.96 billion. Similarly, Ethereum ETFs recorded a net inflow of $82.02 million on November 25. BlackRock’s iShares …
A bot has reportedly earned 27,000 $SOL ($6.8M) sniping #memecoins on pump.fun this month! Two days ago, it bought 57M $FATHA for just 2 $SOL ($500) and strategically offloaded it for 4,456 $SOL ($1.12M), booking a 2,227x profit. Yesterday, it bought 58.57M $FRIC for 1.75 $SOL ($420) and sold for 1,646 $SOL ($418k), achieving a …
As per the latest reports, Robinhood has made an official statement of a new listing on its platform. Notably, Robinhood is all set to list this Solana-based memecoin on its exchange platform. Reportedly, Dogewifhat (WIF) has a market capitalization of $3.478 billion. Moreover, it has a circulating supply of 998,844,864 WIF tokens and is currently …
Micheal Saylor-led MicroStrategy has acquired 55,500 BTCs today. Reportedly, the firm has purchased it for ~$5.4 billion and an average buy price of $97,862 per token. Moreover, the Bitcoin holding has achieved a Yield of 35.2% Quarter-to-Date (QTD) and 59.3% Year-to-Date (YTD). As per the latest data, MicroStrategy holds 386,700 BTC tokens which were acquired …
Zhong An Bank (ZA Bank), a digital bank based in Hong Kong, has launched a retail cryptocurrency trading service, claiming to be the first Asian bank to do so. Instead of building a new exchange, they’ve teamed up with HashKey Exchange to let customers trade Bitcoin and Ethereum right from their banking app. For the …
Ripple has teamed up with Archax, a UK-based FCA-regulated digital marketplace, and ABRDN PLC to launch the first-ever tokenized money market fund on the XRP ledger. This collaboration comes as XRP, Ripple’s native cryptocurrency, has seen a significant surge in price, gaining almost 200%. Following the announcement, XRP’s value soared to $1.49, marking a 33% …
The legendary trader Dimethyltryptamine.eth, famous for turning $45,000 into $46.9M with $PEPE, has made significant moves in the last 12 hours, redirecting attention from $MOODENG to $WOJAK. The whale offloaded 2.105 billion $MOODENG for 134.4 ETH ($443,000 at an average price of $0.00002112, giving 77.4 ETH (~$255,000) profit. Following the sale, they immediately bought 246.1M …
Whales remain undeterred by recent Bitcoin price fluctuations, continuing to accumulate BTC. Over the past 8 hours, six fresh wallets withdrew 1,110 BTC ($107.7M) from Binance, signaling strong confidence among major players. On the institutional side, Bitcoin spot ETFs saw a record-breaking net inflow of $3.38 billion from November 18 to November 24, marking seven …