The Trump family has reportedly reduced its stake in its main crypto venture, World Liberty Financial (WLF). Its parent company, DT Marks DEFI LLC, quietly lowered its ownership from 60% to approximately 40% over the past couple of weeks. Timeline of Events According to a Forbes report, the change was found in the updated fine […]
Nasdaq-listed healthcare technology company, Semler Scientific, has outlined a bold multi-year plan to significantly expand its Bitcoin holdings. The company aims to hold 10,000 BTC by the end of 2025 as an initial milestone. Building on this, it plans to increase its holdings to 42,000 BTC by the end of 2026. By the close of […]
Tron founder Justin Sun recently met with Bo Hines, the Executive Director of the President’s Council of Advisers on Digital Assets of the White House. The talks between the two centered on the role of the Tron network and blockchain technology in advancing U.S. crypto leadership. Details of The Meet-up Sun shared insights in an […]
TL;DR ETH is the subject of multiple optimistic predictions, with some well-known analysts forecasting a rise to a new ATH soon. Rising spot ETH ETF inflows reflect growing institutional interest and bullish momentum. However, recent positive exchange netflows hint at possible sell pressure ahead. Is ETH the Right Horse? Ethereum (ETH) has rebounded from the […]
Bitcoin network activity shows a decline in transactions but a rise in settlement volume, “pointing to increased usage by large entities,” reported Glassnode on June 19. It added that a “clear divergence” has emerged between market valuation and network activity, indicating that large institutions are becoming more dominant in network activity. Daily Bitcoin transactions have […]
BlackRock’s industry-leading USD Institutional Digital Fund (BUIDL) will become accepted as collateral on Crypto.com and Deribit, two of the industry’s largest exchanges. The move marks a “major turning point,” said Michael Sonnenshein, COO at Securitize, as it provides another option for collateral provision, reported Forbes on June 18. BUIDL is BlackRock’s first Ethereum-based tokenized money […]
Around 34,000 Bitcoin options contracts will expire on Friday, June 20, and they have a notional value of roughly $3.3 billion. This event is slightly larger than last week’s options expiry, but the impact on spot markets is likely to be minimal. They have been on the back foot all week, losing $30B since Monday, […]
Tether, the issuer of the world’s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for assisting in a major enforcement operation. The collaboration led to the seizure of approximately $225 million in USDT tied to a global “pig butchering” scam, a large-scale fraud scheme that used sophisticated crypto tactics to deceive […]
TL;DR After years of development, which included numerous delays and growing skepticism, Pi Network’s Open Network finally saw the light of day earlier this year. The team behind the project celebrated the first 100 days and outlined some of the most substantial developments in the ecosystem since its launch. The First 100 Days It was […]
A new report by CryptoQuant ranks the transparency of five major crypto exchanges based on their proof-of-reserves (PoR) practices. The analysis revealed that Binance is leading, while other players like Bybit, OKX, Kraken, and Coinbase are trailing. The PoR Rankings The survey evaluated each exchange’s reserve ratio, a metric calculated by dividing the net customer […]