Tron (TRX) short-term holders (STHs) are witnessing good returns, with some groups now sitting on profits exceeding 30% in just three months. Recent analysis by CryptoQuant contributor Burak Kesmeci shows that one-week holders of the token are currently up 3.8%, while one-month holders have gained 10.3%. However, three-month TRX holders are enjoying the biggest profit […]
In a press release shared with CryptoPotato, Tether, the company behind the largest stablecoin per market capitalization, announced that it has designated the former Executive Director of the White House Crypto Council under President Donald Trump as its new advisor. Pivotal Step Bo Hines, who will be spearheading the firm’s Digital Assets and the United States (U.S.) […]
The prospective public filing of Gemini is now a fact, and the company has secured the backing of the entity behind XRP and RLUSD. Going Public on a Loan Gemini Space Station, Inc., the corporation behind the Gemini Exchange, founded by the Winklevoss twins, filed an S-1 form with the Securities and Exchange Commission (SEC) […]
Tom Lee’s BitMine Immersion Technologies announced on Monday that it has become the second-largest crypto treasury in the world, behind Michael Saylor’s Strategy. The firm updated its Ether holdings figures to 1.52 million ETH worth around $6.6 billion. Even with the asset’s retreat, that huge stash is worth more than the $5.88 billion in Bitcoin […]
Last week, digital asset investment vehicles recorded $3.75 billion in inflows, their fourth-highest figure historically, in what appears to be a recovery from the subdued momentum of previous weeks. Interestingly, the surge was almost entirely tied to iShares and one particular product under its umbrella. With market prices pushing higher, total assets under management (AuM) […]
The blockchain focused on user privacy saw one of its mining pools take over the network’s hash rate. No damage has been reported yet, but history suggests that extensive losses could occur once the harm has been done. Taking Over Control The cryptocurrency exchange Kraken has temporarily stopped Monero deposits to the platform due to […]
Thailand will launch a new scheme on Monday, August 18, to allow foreign visitors to convert cryptocurrency into Thai Baht for payments within the country. The initiative called “TouristDigiPay” is a direct response to a significant slowdown in tourism, primarily due to a decline in tourists from China, on which the country relies heavily, according […]
Bitpanda became the latest digital asset entity to get involved with the Premier League – the top-tier soccer league of England. Other crypto organizations that have previously done so include Tezos and Floki. Bitpanda Returns to the UK The British soccer giant Arsenal announced a multi-year partnership with Bitnapda, a renowned cryptocurrency broker that is […]
Investigations by popular blockchain sleuth ZachXBT have uncovered extensive North Korean infiltration in the global cryptocurrency development job market. An unnamed source recently compromised a device belonging to a DPRK IT worker and provided unprecedented insight into how a small team of five IT workers operated over 30 fake identities. DPRK Operatives Flood Crypto Job […]
Ethereum-focused digital asset treasuries are scaling at a fast pace. This corporate adoption is highlighting the altcoin’s “dual role” as a reserve asset and on-chain yield generator. While this trend is expected to improve liquidity and network engagement, CoinMetrics believes that it also introduces risks related to leverage, funding, and prudent capital allocation. Corporate ETH […]