The electirc vehicle manufacturer cleared rumors started by a report from The Wall Street Journal that it is looking for a new Chief Executive Officer. The WSJ reported hours ago that the company is looking for someone to succeed Elon Musk for the CEO role at Tesla. Naturally, rumors started flying around and speculations as to why […]
Ripple seems determined to make a big move in the stablecoin space, but its offer to acquire the second-largest such issuer was reportedly turned down. At the same time, its own stablecoin has stalled after the initial impressive launch, and its market cap remains under $320 million, according to CoinMarketCap and CoinGecko. Circle Refuses The […]
Bitcoin balances on exchanges just hit a five-year low, reported BTC financial services firm Swan on May 1. “Strategy just added 15,000 more BTC, ETFs are stacking, and sovereign wealth is circling,” they observed before asking, “So why isn’t the price exploding?” Bitcoin has encountered resistance at the $95,000 level and has remained in consolidation […]
Ethereum investors have shown some worrying trends as of late, with many prominent names, such as Galaxy Digital, disposing of substantial portions of their ETH holdings. In this article, we will review the latest trends on the matter, including who is selling and who is buying. The Sell-Offs CryptoPotato has repeatedly reported in recent weeks […]
Two bills that would allow the US state to invest in digital assets have cleared both legislative chambers and now await Governor Katie Hobbs’ decision. Senate Bill 1025, the Arizona Strategic Bitcoin Reserve Act, and Senate Bill 1373, establishing a Digital Assets Strategic Reserve Fund, would authorize the state treasurer and retirement system to invest […]
“Ethereum just scored a monster win,” said former Ethereum developer Eric Connor on X on April 30. His comment came in reaction to an April 28 prospectus filing with the US Securities and Exchange Commission by BlackRock, which aims to tokenize its $150 billion Treasury Trust market fund with a new “DLT Shares” asset class. […]
The overall demand and interest for the spot Bitcoin ETFs in the US has returned in full force as the products have recorded an impressive streak of seven consecutive days of net inflows. On April 28, though, many showed signs of weakness, while BlackRock’s IBIT stole the show with a multi-month record. IBIT Sees Almost […]
Digital asset investment products saw $3.4 billion in inflows last week, the largest since mid-December 2024 and ranking as the third-biggest weekly inflow ever recorded. CoinShares’ Head of Research James Butterfill suggested the shift is driven by mounting fears of tariffs impacting corporate earnings and the steep decline of the US dollar. As such, Investors […]
On April 28, Mastercard announced a partnership with the OKX crypto exchange and Canadian payments processor Nuvei, which will “unlock a 360-degree approach where consumers can spend stablecoins and merchants can receive them.” The firm described the new technology as having “global end-to-end stablecoin acceptance and payments capabilities,” and cited “increasing global regulatory clarity” for […]
The latest on-chain data suggests that the team behind the popular meme coin, which exploded in value in the past week or so, has begun to transfer large portions to centralized exchanges. The community quickly picked up the move and most criticized it as a potential dump scheme. TRUMP to Exchanges The meme coin has […]