The case between Ripple Labs and the US Securities and Exchange Commission received a long-awaited updated on June 16th, as the institution submitted a status report, which more or less asks for an extension of a previous deadline. Ripple vs. SEC Lawsuit Update As CryptoPotato reported earlier this month, both parties managed to reach an agreement regarding […]
Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to […]
MemeStrategy, a Hong Kong-based digital asset company, has announced the open market purchase of 2,440 units of Solana’s native SOL token. This makes it the first publicly listed company in Asia to invest in the sixth-largest cryptocurrency by market cap. An Investment in SOL’s Long-Term Value According to a company press release, the acquisition was […]
This weekend saw significant headlines in crypto, including financial disclosures tied to a high-profile political figure, a new decentralized exchange announcement from a major platform, and a criminal case involving a social media trader. Here are the top stories that stood out over the past few days. Trump’s Crypto Play Pays Off Donald Trump reportedly […]
Bitcoin has kicked off the week on a strong note as it trades above $107K, while recovering from the Israel-Iran sell-off. Interestingly, both retail investors and whales appear to be firmly holding their positions. In fact, Bitcoin inflows to Binance from both the whale and retail cohorts have dropped to their lowest levels since the […]
Strategy co-founder Michael Saylor met with Pakistani officials, including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb, according to a June 15 Dawn News report. Saylor praised Pakistan’s progressive approach to cryptocurrency adoption and urged the country to consider Bitcoin as a sovereign reserve asset for monetary resilience. “Bitcoin is the […]
Crypto markets have been relatively quiet over the weekend as assets have stabilized following their $200 billion dump on Friday when Israel attacked Iran. Last week, the consumer sentiment index rebounded in its first improvement in six months, while cooler-than-expected consumer and producer inflation reports (CPI and PPI) lifted investor spirits. However, Friday’s escalation of […]
Binance revealed that it has played a central role in dismantling Incognito Market, a notorious darknet drug marketplace that facilitated more than $100 million in illegal narcotics sales, according to US and Taiwanese law enforcement agencies. The takedown was part of a broader international investigation, codenamed Operation RapTor, which targeted the darknet platform’s operators and […]
Five men have pleaded guilty to their roles in laundering more than $36.9 million from victims of an international crypto investment scam conspiracy. The money was stolen from defrauded investors in the U.S. through a web of shell companies, offshore accounts, and digital asset wallets. Details of The Scheme The U.S Department of Justice (DOJ) […]
As geopolitical tensions between Iran and Israel escalate once again, global risk appetite is taking a hit. These conflicts often inject short-term volatility across traditional and crypto markets, and Ethereum is no exception. While ETH has held relatively steady above $2,500 in recent weeks, the growing fear in macro markets is beginning to surface in […]