Millennium Management’s Bitcoin And Ethereum ETFs Purchased In Q4 Suffer $22.7 Million Loss Amid Crypto Slump
Israel Englander‘s Millennium Management purchased Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in value. What Happened: The $75 billion hedge fund acquired positions...
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Solana’s Raydium rolls out LaunchLab after split with Pump.fun
Raydium, a Solana-based DeFi platform, has launched its own memecoin launchpad after Pump.fun severed ties with the automated market maker last month. Dubbed LaunchLab, the new memecoin-making protocol officially went live on April 16, giving users a simple way to…...
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AI tokens, memecoins dominate crypto narratives in Q1 2025: CoinGecko
The cryptocurrency market is still recycling old narratives, with few new trends yet to emerge and replace the dominant themes in the first quarter of 2025. Artificial intelligence tokens and memecoins were the dominant crypto narrative in the first quarter of 2025, accounting for 62.8% of investor interest, according...
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Crypto Market Slumps 41%, But Coinbase Sees Q3 Comeback
If the crypto market feels a little quieter lately, it’s not just you. According to Coinbase’s April 2025 Monthly Outlook, the numbers confirm what many traders and builders have sensed: we’re deep in a cooldown. However, there could be a crypto rebound later this year. The altcoin market cap—that’s...
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China Weighs Options for Managing Billions in Confiscated Crypto
Here’s the situation: China has a growing stash of confiscated crypto, billions of dollars’ worth, seized from criminal investigations. But now that the coins are in custody, the big question is: What exactly should they do with them? There seem to be limited options surrounding China’s seized crypto coins. This...
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Galaxy Ventures Targets $180M Raise To Back 30 Crypto Startups By June
Galaxy Ventures Fund I LP, spearheaded by Michael Novogratz, is on track to raise between $175 million and $180 million by the end of June, surpassing its original $150 million target. The capital will be used to support a portfolio of approximately 30 startups focused on crypto and blockchain...
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Russia Eyes National Stablecoin After US Freezes Garantex-Linked Wallets
A senior Russian finance official has called for the development of a national stablecoin following the US government’s freeze of wallets linked to the sanctioned crypto exchange Garantex. The move, which also involved stablecoin issuer Tether, has sparked renewed concerns in Moscow over the vulnerability of relying on foreign-backed...
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AVAX Price Prediction: It’s Going to The Moon?
Price Volume in 24h Price 7d or AVAX is one of the biggest cryptocurrencies, with a market capitalization of little under $8 billion. The price of the token as of the moment is $18.95. How well is AVAX positioned to pump, and what price prediction can we expect it...
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Shiba Inu Crypto Price Prediction: SHIB Outperforming ETH
As we navigate through the awful performance of Price Volume in 24h Price 7d over the last months, it’s evident that ETH and its ecosystem coins are lagging behind the market. However, SHIB, one of the biggest meme coins in crypto, is slightly outperforming ETH in the monthly chart...
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Safe cuts 14 team members months after Bybit’s $1.43b theft
Months after the Bybit hack raised alarm over custodial risks, Safe has laid off 14 employees, citing coordination challenges. Safe, a self-custody crypto infrastructure provider, has laid off 14 team members as part of a major restructure, months after a…...
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