As the crypto market continues to witness the surge in meme coins, Satooshi Nakahobo has emerged as the latest sensation with a staggering 600x surge. Launching at 9PM (UTC) on March 12, the token quickly gained traction and skyrocketed by +716,750% in less than 6 hours. Despite a subsequent -73% retracement, Satooshi Nakahobo managed to
digital assets
Bitcoin (BTC) has seen a remarkable surge in value this week, surpassing the $73,000 mark and entering uncharted territory. This impressive jump in price can be attributed to the actions of two major players in the financial world – BlackRock and MicroStrategy. BlackRock, a leader in asset management, filed with the SEC to potentially include
The Thailand Securities and Exchange Commission (SEC) recently made a significant regulatory change by allowing the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This move opens up new opportunities for institutional investors and high-net-worth individuals in Thailand. The decision was made during a recent board
Tether, a leading stablecoin issuer, recently partnered with the US Department of Justice and the FBI to seize $1.4 million USDT linked to a tech support scam network. This fraudulent scheme specifically targeted vulnerable elderly individuals through deceptive pop-up advertisements. Victims were led to believe that their devices had been compromised and sought help from
Coinbase has publicly criticized the Securities and Exchange Commission (SEC) for their recent rejection of a rulemaking petition, going so far as to call the decision “arbitrary and capricious.” This scathing rebuke was delivered in a formal petition filed on Mar. 11 with the US Court of Appeals for the Third Circuit. In their petition,
The Biden administration recently unveiled its proposed budget for 2025, containing significant provisions aimed at regulating digital assets. These regulations are projected to result in an increase of nearly $10 billion in tax revenue by 2025. The primary objective of these measures is to address a loophole that has allowed affluent crypto investors to exploit
The Stanford Blyth Fund, a student-run investment entity at Stanford University, recently made a significant investment in Bitcoin (BTC) after a compelling pitch by a computer science major. This move has garnered attention and sparked discussions about the adoption of digital assets in traditional financial institutions. The decision to purchase Bitcoin at $45,000 in February
In recent weeks, Bitcoin’s price has soared to new all-time highs, crossing the $50,000 threshold and surging past $70,000 before retracing slightly. This rally has caught the attention of experts like James Butterfill, who pointed out the significance of Bitcoin’s price increase in a high-interest rate environment. The prevailing sentiment is that the current bull
The recent introduction of spot Bitcoin ETFs has sparked a surge in investor interest, resulting in a significant uptick in trading activity. This development has instilled a sense of optimism not just within the Bitcoin community, but across the broader cryptocurrency market as well. While the launch of spot Bitcoin ETFs has been met with
Traders in the cryptocurrency market are closely watching the price movements of the Solana-based meme token, SMOG. With a recent 70% price increase, there is growing speculation that SMOG could potentially follow in the footsteps of other successful meme tokens like DogWifHat. The analysis of SMOG’s price trends indicates that there are still buying opportunities