Just under a whopping 9,000 BTC was accumulated by spot Bitcoin ETFs in the United States on Tuesday, Nov. 19. This equates to around $814 million in total aggregate inflows across the eleven funds, according to Coinglass. Around 450 BTC are mined daily, which means that a huge supply shock is imminent if institutional funds […]
[PRESS RELEASE – London, United Kingdom, November 19th, 2024] Pepe Unchained operates within the memecoin sector, focusing on utility and efficiency through Layer 2 blockchain technology. This approach aims to enhance scalability and transaction speed, addressing common challenges in blockchain networks during peak market activity. With a growing ecosystem and community, Pepe Unchained’s adoption of […]
Binance’s token BFUSD has already sparked speculation even before its launch. It all started with Binance’s introduction of the new asset on Monday which offers 19.55% APY, positioning itself as an alternative to conventional stablecoins. Not a Stablecoin, But a Reward-Bearing Asset According to the website, users can earn daily rewards simply by holding BFUSD […]
Metaplanet has announced the purchase of 124.117 bitcoin for a total of 1.75 billion yen. This brings the company’s total bitcoin holdings to 1,142.287 BTC, valued at around 11.372 billion yen (approximately $73 million). Metaplanet’s Stock Surges 15% According to a post on X, the new purchase was made at an average price of 14,099,600 […]
Heather Morgan, widely known by her rap persona “Razzlekhan,” has been sentenced to 18 months in prison for her role in laundering funds stolen during the 2016 Bitfinex cryptocurrency hack. Morgan pleaded guilty to conspiracy charges related to money laundering and defrauding the United States earlier this year. A Deliberate Scheme According to a CoinDesk […]
In a bid to grow its Bitcoin portfolio, Tokyo-listed Metaplanet has announced a new debt issuance during a Board of Directors meeting held on November 18th. The filing shows that the company plans to sell one-year ordinary bonds worth 1.75 billion yen—$11.3 million—with an annual interest rate of 0.36%. The entire amount raised will be […]
Ripple CEO Brad Garlinghouse has expressed concerns about the potential appointment of Bob Stebbins as chair of the securities regulator. The industry executive responded to a post on X by crypto researcher ‘Anders’ who described Stebbins as “the old guard candidate for the SEC chair” before adding: “If Trump truly wants to make the US […]
Bonk’s price settled Monday to 0.000049 Monday after a 14-day melt-up to a new all-time high price at the 0.000055 handle. “Holy sh**!” exclaimed Shawn.eth (Punk #4220), a Bonk investor on X Monday. “My $BONK bag was $30,000 when j bought and now its $2,300,000,” Shawn.eth wrote. “Bonk started the entire memecoin supercycle early last […]
Solana has started the new week by reaching a new milestone: the monthly trading volume in its decentralized exchange (DEX) ecosystem has surpassed $70 billion for the first time in the network’s history. The uptick in monthly trading activity was pushed by consistently high daily volumes, including breaking past $5 billion for three consecutive days. […]
[PRESS RELEASE – Valletta, Malta, November 18th, 2024] LaunchPunks has officially launched, introducing a gamified and community-centric approach to the crypto launchpad landscape. Built on Bitcoin via the TAP Protocol, the platform emphasizes fairness, transparency, and scalability while challenging traditional launchpad models. Ghosty Cash “Spooky” – Supernatural Utility Leading the charge with them is Ghosty […]