Category: News

Crypto Funds Hit $2.2 Billion Weekly Inflow Amid Bitcoin Recent Surge To $93K

The global cryptocurrency market continues to attract significant investor interest as crypto investment products recorded a substantial influx of funds last week. According to CoinShares’ latest weekly report, crypto funds registered a net inflow of $2.19 billion globally, bringing year-to-date (YTD) net inflows to a record high of $33.5...
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Cathie Wood’s Ark Bullish On $500T Tokenization Market As Tether Enters Race

Asset management firm Ark Invest recently expressed a bullish view on the future of real-world asset (RWA) tokenization and its potential impact on the broader digital assets industry. What Happened: In the weekly newsletter shared Monday, the Cathie Wood-led firm Ark Invest spoke about Tether’s (CRYPTO: USDT) latest move into...
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Economics Professor Doubts Impact Of Dogecoin-Inspired, Elon Musk-Led Department On Federal Deficit, Cites This As Major Concern

A Washington State University economics professor has cast doubt on the effectiveness of the newly proposed Department of Government Efficiency named after cryptocurrency Dogecoin (CRYPTO: DOGE) in addressing the federal deficit, highlighting data showing most government spending goes to entitlement programs rather than bureaucratic salaries. What Happened: Christopher Clarke,...
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Social Media Breach Hits Giggle Academy, Binance Founder Reacts

The social media account of a well-known educational platform was reportedly targeted in a cyberattack, leading to its unauthorized compromise. Giggle Academy founder Changpeng Zhao told followers of Giggle Academy to be cautious in dealing with their X account, confirming that their social media account had been hacked. Efforts...
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Bitcoin, Ethereum, Dogecoin Rise Amid Tesla-Fueled Tech Stocks Rally: Popular Analyst Says BTC Could Reach $138K Before ‘Major Pullback’

Leading cryptocurrencies inched higher Monday, coinciding with a surge in tech stocks. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.60% $91,007.28 Ethereum (CRYPTO: ETH)                +1.49% $3,158.99 Dogecoin (CRYPTO: DOGE)           +2.23% $0.3725 What Happened: Bitcoin exhibited choppy movement, oscillating between $92,000 and $89,000. The leading...
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