In a historic achievement, the United States’ spot Bitcoin exchange-traded funds (ETFs) have now amassed more Bitcoin than the cryptocurrency’s mysterious creator, Satoshi Nakamoto. Since the launch of spot Bitcoin ETFs in January 2023, these funds have surpassed 1.1 million BTC for the first time. Bloomberg’s ETF expert, Eric Balchunas, shared the milestone on December […]
The U.S. Securities and Exchange Commission (SEC) is poised to reject several applications for spot Solana exchange-traded funds (ETFs), according to reports. Fox News reporter Eleanor Terrett shared that the SEC has already informed at least two of the five companies seeking approval for Solana ETFs. Terrett mentioned on December 6 that the prevailing sentiment […]
Influencer Haliey Welch’s launch of the Hawk Tuah (HAWK) memecoin faced heavy scrutiny after it plunged 91% in just three hours, with allegations of insider trading, sniping, and fee extortion. Welch denied these claims, but if the SEC or Department of Justice (DOJ) investigate, she and her team could face serious legal consequences. If the […]
The Financial Times’ “apology” via its Alphaville section has ignited a firestorm within the crypto community, primarily because of its sarcastic tone and continued skepticism toward Bitcoin despite its historic rise to $100,000. Bryce Elder’s op-ed, published on the milestone day, highlights the publication’s consistent crypto cynicism, even as Bitcoin’s price has skyrocketed since FT […]
Bitcoin is projected to gain at least 25% against the United States dollar by 2025, based on recent forecasts. The latest price predictions all converge on Bitcoin reaching six figures, solidifying its position as a dominant force in the financial world over the next year. On Dec. 5, Bitcoin made headlines by crossing the $100,000 […]
MicroStrategy (MSTR) has reaped over $17 billion in unrealized profits from its massive Bitcoin acquisitions, according to data from MSTR Tracker. Originally focused on software, the company transitioned into a high-profile Bitcoin investor under founder Michael Saylor’s unconventional approach to corporate treasury management. Since 2020, MicroStrategy has accumulated more than $23 billion worth of BTC, […]
The debut of viral influencer Haliey Welch’s Hawk Tuah memecoin has ignited a social media firestorm after the token’s rapid rise and subsequent collapse. Accusations of insider wallets and sniper activity during its launch have only fueled the backlash. Welch has refuted claims of insider trading, asserting that neither her team nor affiliated entities engaged […]
On December 5, the defunct crypto exchange Mt. Gox made headlines by transferring over 24,000 Bitcoin — valued at nearly $2.5 billion — to an unidentified address. This significant move occurred shortly after Bitcoin achieved a landmark price of $100,000. Data from Arkham Intelligence reveals that Mt. Gox transferred 24,051 Bitcoin to an address starting […]
In a historic moment for the cryptocurrency market, Bitcoin has officially surpassed the $100,000 price milestone, reflecting an extraordinary year of growth and adoption. The cryptocurrency achieved this significant feat on Dec. 5, reaching $100,000 and later setting a new all-time high of $104,000 at 3:08 am UTC, just 90 minutes after breaking the psychological […]
Ripple is gearing up to introduce its U.S. dollar-pegged stablecoin, Ripple USD (RLUSD), a development eagerly awaited by the cryptocurrency community. The launch is slated for December 4, pending official confirmation from the company. Approval and Launch Details According to reports, RLUSD has received approval from the New York Department of Financial Services, setting the […]