The cryptocurrency market has recently experienced a significant surge, adding a whopping $200 billion in just the past few days. Leading cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) have seen notable increases, with BTC rising by 4.5% to briefly surpass the $63,000 mark, and ETH reclaiming the $3,300 level. The meme coin sector has
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Metaplanet, a Tokyo-based investment firm, recently made a significant purchase of 42.4 Bitcoin for ¥400 million ($2.4 million) to add to their holdings. This move is part of the company’s efforts to strengthen its long-term financial strategy by holding the cryptocurrency as a “strategic treasury reserve asset.” The decision to invest in Bitcoin by Metaplanet
Justin Sun, the founder of Tron, recently made headlines by investing $5 million in Ethereum (ETH), the world’s second-largest cryptocurrency. This investment was revealed through a transaction discovered by Spot On Chain, an AI-driven on-chain analytics platform. Sun reportedly purchased 1,614 ETH tokens at an approximate price of $3,097 per ETH, bringing his total ETH
In mid-July, Binance, the world’s largest cryptocurrency exchange, announced a temporary suspension of deposits and withdrawals for approximately one hour. This move was due to scheduled wallet maintenance, aiming to ensure the stability of the network. However, trading services were not affected during this period, and users were assured that their cryptocurrency transactions would resume
The former Solicitor General Donald B. Verrilli has raised serious accusations against US regulators, accusing them of intentionally stifling the crypto industry through debanking practices. These allegations were made in a joint amicus brief filed on July 3 with Paul Clement, another former Solicitor General, pointing to bipartisan concerns about the regulatory environment for digital
The meme coin DADDY experienced a significant surge of 35% in its price within the last 24 hours, currently trading at around $0.15 with a market capitalization close to $100 million. This surge was supposedly triggered by an announcement made by Andrew Tate, a former kickboxer and online influencer. Tate encouraged DADDY holders to accumulate
Meta’s CEO, Mark Zuckerberg, is envisioning a future where smart glasses equipped with holographic displays will revolutionize how humans communicate and interact with technology. These glasses, according to Zuckerberg, will eventually replace mobile phones as the primary device for communication and computing. In a recent interview, he highlighted the potential of these smart glasses, which
Asset managers are currently optimistic about the possibility of the Security and Exchange Commission (SEC) approving the first U.S. ETFs directly investing in Ethereum. They believe that approval could come as early as mid-July. The SEC has set a deadline of July 8 for ETF applicants to submit updated paperwork and amended S-1s, with potential
The financial services company T-Rex Group has recently made headlines by filing for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This particular financial vehicle is expected to be one of the most volatile ETFs in the country, if approved by the Securities and Exchange Commission. The fund, named ‘T-Rex 2X
In recent years, the world of digital collectibles has seen a massive surge in popularity, with Non-Fungible Tokens (NFTs) leading the way. These unique digital assets have not only captured the attention of artists and collectors but have also presented new investment opportunities. NFTs, unlike cryptocurrencies such as Bitcoin and Ethereum, represent ownership of exclusive