Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, […]
The US Securities and Exchange Commission (SEC) charged Ramil Palafox, the founder of the crypto company PGI Global, with orchestrating a massive $198 million Ponzi scheme that misled investors worldwide. Palafox is accused of defrauding investors by promoting PGI Global as a legitimate crypto asset and foreign exchange trading business from January 2020 through October […]
TL;DR Two of the three mentioned altcoins posted double-digit price surges over the past day, but one analyst set even higher targets for the short term. XRP, which is up by a more modest 7.5% daily, could see another 20% increase, which could drive it to $2.7. What’s In Store for XRP? $XRP appears to […]
A mysterious Solana (SOL) whale has sparked market speculation after unstaking 100,000 SOL worth approximately $13.9 million and depositing it into Binance. The transaction, tracked by blockchain analytics platform Lookonchain, comes after four years of patient staking, with the deep-pocketed investor originally accumulating 991,079 SOL at an average price of $27. Whale Moves With Solana […]
Total market capitalization topped $3 trillion for the first time since early March as altcoins followed their big brother Bitcoin in recovery. It is the first time total cap has been over $3 trillion since March 7, and could be a sign of a sustained recovery as more than $500 billion has entered the market […]
California Assembly Bill 1052, or the “Digital Assets Bill” (formerly the Money Transmission Act), passed a Committee vote with bipartisan support on April 21. It was introduced by Assembly Member and Democrat Avelino Valencia in February and amended at the end of March. It aims to protect cryptocurrency users and investors by supporting their right […]
A significant portion of the $1.4 billion in cryptocurrency stolen during Bybit hack by North Korea’s Lazarus Group has become untraceable, according to the exchange CEO Ben Zhou. In a tweet detailing the current status of the hacked funds – approximately 500,000 ETH – the exec reported that 27.59% have gone dark, largely due to […]
TL;DR One of the crucial metrics showcasing the overall interest and use case of Ripple’s network has skyrocketed recently, which is in stark contrast to its recent downtrend behavior. This, alongside a few technical indicators, suggests an upcoming price surge for the underlying token. The metric in question is the number of active XRP addresses. […]
Japan’s first and only publicly listed Bitcoin Treasury Company, Metaplanet, has announced the acquisition of an additional 330 BTC. This brings its total holdings to 4,855 BTC. The latest purchase, which is worth approximately 4.02 billion yen ($26.6 million), was executed at an average price of 12,181,570 yen per Bitcoin. This marks Metaplanet’s third BTC […]
Bitcoin has continued its upward march this week, tapping a six-week high of $88,900 during Tuesday morning trading in Asia. It is the highest the asset has been since March 7, according to CoinGecko, and represents a gain of 18% since its 2025 low of $75,000 earlier this month. As reported by CryptoPotato, Bitcoin appears […]