Tag: News

Bitcoin spot ETFs on Nov. 7 saw a historic surge in investment, with total net inflows reaching $1.38 billion, the highest single-day figure to date. What Happened: BlackRock’s (NASDAQ:IBIT) ETF alone accounted for $1.12 billion of this total, marking a record-breaking day for digital asset ETFs, according to data...

Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday to begin her two-year prison sentence.  This development follows her sentencing in September, where she was also ordered to forfeit...

Note: This story has been updated with additional information. Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from the city said in a Thursday press release. What Happened: Residents would have the option to use cryptocurrencies...

Pseudonymous millionaire trader ‘Unipcs,’ informally known as ‘BONK Guy,’ has been highlighted by on-chain analytics firm Lookonchain for amassing significant gains by investing early in the Department of Government Efficiency (DOGE) and MAGA (CRYPTO: MAGA) meme coins. What Happened: Lookonchain on Friday shared the trader’s journey, which saw him...

Yields on U.S. sovereign debt declined Thursday after the Federal Reserve eased monetary policy by slashing interest rates by 0.25 percentage points.  What happened: The benchmark 10-year Treasury yield dropped by 0.8 basis points to 4.335%, while the yield on 2-year government bonds slid 2 basis points to 4.197%....

The ongoing rally of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) should not lead investors to believe that all cryptocurrencies will do equally well in a bull run, a new report found. What Happened: “Any coin or token that failed to rally at least 10% over...

On-chain data shows the Bitcoin retail volume has sharply increased recently as the cryptocurrency has surged to a new high. Bitcoin Retail Volume Is Up More Than 15% Over Last 30 Days As explained by CryptoQuant author Axel Adler Jr in a new post on X, the demand from...

Is SHIB price ready for a 90% price surge in early 2025? Technicals and chart fractals suggest that Shiba Inu is poised for a massive rally....

High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million....

In the wake of successful predictions for the presidential election, cryptocurrency-based betting platform Polymarket disclosed its intentions to reestablish its prediction markets for U.S. users. What Happened: While talking about the company’s growth strategy in a CNBC interview on Thursday, CEO Shayne Coplan said that having a presence in...