Crypto
Bitcoin’s bull market cycle is accelerating, CoinMarketCap says. It’s running 100 days ahead of its typical four-year cycle. This raises the possibility of a “super cycle” fueled by institutional adoption, ETFs, and changing market dynamics. Read the full article here
FTX/Alameda has unstaked over $1 billion in Solana (SOL), raising concerns about potential market impact. Despite this, SOL remains resilient, trading near $137. However, the large-scale unstaking could increase selling pressure and affect future price movements. Read the full article here
Ethereum (ETH) is the largest open-source, blockchain based platform for decentralised applications. It serves as digital currency and can be traded like any other cryptocurrency. If you want to get a better idea of what Ethereum is and how it works, check out the Ethereum News category where you will…
Ronan Joyce, director of digital innovation at Manchester United, said: “Player Trading Cards allows United fans to collect the whole men’s first team squad, to see those collectibles evolve throughout the season as games are played and goals are scored, and have the ability to play those cards in a…
According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF. The filing, submitted on May 28, has left investors and industry observers speculating about the reasons behind this unexpected move, especially given the…
The New York Stock Exchange (NYSE) on Wednesday announced its intention to introduce cash-settled spot Bitcoin options, pending regulatory clearance.The new Bitcoin options on the NYSE will track the CoinDesk Bitcoin Price Index (XBX) to determine their value. This index, created by CoinDesk Indices, has been around for a decade…
The Texas State Securities Board greatly damaged a fraudulent Arkbit cryptocurrency cloud mining operation on with a May 28 cease and desist order against Arkbit Capital for engaging in deceptive practices to perpetrate an alleged investment fraud.The order revealed that the Texas State Securities Board, led by Financial Examiner Alexis…
Bitfarms, a global Bitcoin mining company, confirmed on May 28 that it received and rejected an acquisition proposal from Riot Platforms on April 22, 2024.The proposal, offering US$2.30 per Bitfarms common share in cash and Riot common stock, was evaluated by a Special Committee of the Bitfarms Board, consisting solely…
Solana meme coin prices are surging, with dogwifhat (WIF) up a stunning 27% since the start of the week while an exciting new coin called Sealana (SEAL) has raised more than $3 million.WIF retested $4.0 on Wednesday and looks likely to soon retest its 20224 highs around $4.80.It was last…
While very volatile, cryptocurrencies offer some of the highest potential returns in investing, especially with assets like meme coins.The potential of meme coins to turn a small investment into a fortune was on full display recently.As per on-chain monitoring and analytics firm Lookonchain, one trader recently turned $462 into $3.4…
