Bitcoin (BTC) continues to flex its dominance as the top digital asset, attracting $867 million in inflows last week alone, according to a fresh CoinShares report published on May 12. This influx led the broader crypto investment products market, which collectively saw $882 million in inflows, marking the fourth consecutive week of gains and lifting […]
Japanese investment firm Metaplanet has added to its Bitcoin reserve with a fresh purchase worth $126.7 million on May 12. The latest move brings the company’s total Bitcoin holdings to 6,796 BTC. Details From The Latest Buy The development was shared by CEO Simon Gerovich on X. He revealed that the firm has bought 1,271 […]
Following a week of anticipation and building hype, the US and China delegates finally met in Geneva, Switzerland, to discuss a potential trade deal. Although the initial statements from both countries are positive in terms of reaching a mutual understanding, the crypto market has reacted with a minor retracement, while Santiment warned investors to exercise […]
TL;DR Pi Network’s native token has stolen the show once again with a massive double-digit surge that has pushed it to a multi-week peak of $1.3. This mindblowing rally of over 100% in the past several days transpired after a hype announcement from the Pi Core Team, which many anticipate to be a listing on […]
There are certain altcoin season vibes going on in the crypto market over the past weeks, as many representatives have marked notable price surges. The trend is led by none other than the largest of them all – Ethereum, which has soared by another 8% in the past day, and trades well above $2,500. ETH’s […]
TL;DR Following several months of depressed price movements, including an all-time low, PI’s token has gone on a roll in the past week. On a daily scale alone, the asset is up by more than 30%, begging the question what’s driving this spectacular pump. It was just over a month ago when PI plunged to […]
In a research note out on Tuesday, the British banking giant’s head of digital, Geoff Kendrick, said: “BNB has traded almost exactly in line with an unweighted basket of bitcoin and ether since May 2021 in terms of both returns and volatility.” That’s good news for the Binance exchange and smart chain token. Bitcoin’s price […]
A new report from Solidus Labs has exposed a huge amount of what it calls “fraudulent” activity on the Solana blockchain. The findings revealed that 98.6% of tokens launched on Pump.fun could be classified as either rug pulls or pump-and-dump schemes. Solana: A Hotbed for Meme Coin Scams? In its report, the crypto surveillance firm […]
Bitcoin’s recent price ascent took the asset to a new multi-month peak of over $104,000 where it faced some resistance and now sits above $103,000. Many altcoins continue to post impressive gains, with ETH standing well above $2,300, while DOGE has soared past $0.21. BTC’s Impressive Week If we roll back the clock to May […]
TL;DR A wallet linked to the Official Trump team has deposited another big chunk of tokens into crypto exchanges, with the most likely intention of taking advantage of the recent price surges. At the same time, other whales continue to accumulate the asset, perhaps to secure a place in the upcoming dinner with the President. […]