Asset management firm Pantera Capital has emerged as one of the successful bidders in an auction of discounted Solana (SOL) tokens conducted by the liquidators overseeing the bankruptcy of the former FTX cryptocurrency exchange. The sale, which included approximately 2,000 SOL tokens, signifies Pantera Capital’s continued interest in expanding its Solana portfolio. FTX Sells Additional

Crypto analyst Crypto Noan has revealed a profit-taking strategy that crypto investors can adopt as they invest in Shiba Inu (SHIB), the second-largest meme coin by market cap. This strategy would be most beneficial to those who need guidance in securing profits as the meme coin continues to make significant price gains.  Price Levels To

On Wednesday, the European Parliament adopted a new AML package increasing crypto asset service provider’s reporting requirements for anonymous payments. But it appears that the package’s crypto laws are largely based on assumptions, not facts.

The Bank of New York Mellon Corporation (BNY Mellon), the oldest and one of the largest banks in the United States, has disclosed its investments in Bitcoin Exchange Traded Funds (ETFs). According to its recent Securities and Exchange Commission (SEC) filings, BNY Mellon has acquired stakes in spot BTC ETFs managed by BlackRock and Grayscale.

In the latest updates on the court case between Ripple and the United States Securities and Exchange Commission (SEC), the Magistrate Judge Sarah Netburn, has ordered strict deadlines for the regulatory agency to respond to the crypto firm’s motion.  Judge Issues New Scheduling Order On Thursday, April 25, the magistrate Judge Netburn issued a new

Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints a picture of a booming crypto market fueled by investor confidence and a supportive regulatory

Japanese public company Metaplanet has announced the purchase of ¥1 billion ($6.25 million) worth of Bitcoin, adopting Bitcoin as a treasury reserve asset.

Consensys, a prominent Ethereum development company, has fired the latest salvo in the ongoing battle between the crypto industry and the US Securities and Exchange Commission (SEC). The company filed a lawsuit on April 25th, accusing the SEC of an “unlawful seizure of authority” over Ethereum, the world’s second-largest cryptocurrency by market capitalization. Related Reading:

Solana (SOL) has seen a “dramatic increase in allocations” from institutional investors, according to a recent survey conducted by CoinShares. The Digital Asset Fund Manager Survey, involving responses from 64 investors managing a cumulative $600 billion in assets, points to a burgeoning interest in altcoins, with Solana leading the charge among emerging favorites. Solana See

The Shiba Inu development team has announced that the Shibarium network is poised to undergo a transformative hard fork on May 2. This pivotal upgrade is aimed at not only enhancing user experience but also bolstering the infrastructure supporting the growing ecosystem of the network. The forthcoming changes were elaborated upon through a series of

A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%. Additionally, Upbit rose to fifth place in the top five global exchanges list. Different platforms have unsuccessfully challenged the exchange’s dominance in the country, and the upcoming regulatory framework has affected them. Related Reading: Terraform Labs And

The market intelligence platform IntoTheBlock has pointed out a Bitcoin pattern that could suggest there is still plenty of time to go in the cycle. Bitcoin Long-Term Holder Pattern Could Suggest Bull Market Isn’t Over Yet In a new post on X, IntoTheBlock discussed a pattern that the total holdings of Bitcoin long-term holders have

Bitcoin remains shaky when writing, down 13% from its all-time high. However, despite the short-term uncertainty, one analyst on X remains bullish on the world’s most valuable coin, citing current developments from a technical perspective. Is Bitcoin Inside A Wyckoff Re-accumulation Phase? Taking to X, the analyst believes Bitcoin might be forming a Wyckoff Re-accumulation pattern

In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift in trading dynamics.  After an impressive streak of 71 consecutive days of inflows, IBIT recorded zero inflows during Wednesday’s trading session, marking the first time in nearly three months. Turning Point For BlackRock’s

In a recent development, crypto trading platform Robinhood has listed Shiba Inu (SHIB) for its New York users. The trading platform also drew attention to itself, having moved a significant amount of Shiba Inu tokens between its crypto wallets.  Robinhood Lists Shiba Inu Robinhood made this known in an X (formerly Twitter) post by informing

On-chain data shows that Bitcoin and Dogecoin have managed to top the charts regarding holder profitability. Here’s what the ranking looks like. Bitcoin & Dogecoin Are Among Coins With Highest Investor Profitability Ratio In a new post on X, the market intelligence platform IntoTheBlock talked about how holder profitability compares between some of the top

Recent data from Santiment, a prominent market intelligence firm, indicate that the altcoins may enter a “prime buying” phase. According to Santiment, more than 85% of the altcoins they track are currently positioned in what is historically considered a “buying opportunity zone.” Sentiment And Technical Indicators Favor Altcoins This assessment is based on the Market

In an interesting turn of events, the Shiba Inu burn rate has received a massive boost in the last day. This is a welcome change to the slow momentum which the burn initiative had recorded over the last week, proving that the SHIB community is coming back to the table to burn more tokens. Shiba

In a Brooklyn federal court, a crypto-influencer on social media sites such as Instagram, Jebara Igbara, also known as “Jay Mazini,” was sentenced to 84 months for wire fraud, wire fraud conspiracy, and money laundering.  According to the United States Attorney’s Office for the Eastern District of New York, Igbara’s schemes resulted in substantial financial

Meat company Beck & Bulow adopts Bitcoin for payments, employee 401Ks, and treasury reserves.

BONK, a Solana meme token, recently went on a surge that saw it pushing weekly gains above 70% after community members voted in favor of a burn proposal. Recent market dynamics have seen the value of BONK, along with the majority of meme coins falling in April. BONK, in particular, witnessed a 70% plunge in

On Wednesday, the Bitcoin industry was rocked by the arrest of Keonne Rodriguez and William Lonergan Hill, the CEO and CTO of the crypto mixer service Samourai Wallet. The US Department of Justice (DOJ) levied serious charges against them, including money laundering and unauthorized money transfers, with allegations pointing to over $2 billion in unlawful

Anticipation and uncertainty intertwine as US issuers brace for potential disappointment in their bid to launch exchange-traded funds (ETFs) linked to the price of Ethereum. Recent interactions with the US Securities and Exchange Commission (SEC) have left these firms with a lingering sense of pessimism, indicating a rocky path ahead for Ether-based financial products, according

American multinational investment bank, Morgan Stanley is reportedly exploring the possibility of allowing its extensive brokers to recommend Spot Bitcoin Exchange Traded Funds (ETFs) to clients. Morgan Stanley To Recommend Spot Bitcoin ETFs Morgan Stanley is considering permitting its 15,000 brokers to advocate for customers to invest in Spot Bitcoin ETFs, according to two senior

Major bank Morgan Stanley may soon allow its 15,000 brokers to recommend Bitcoin ETFs to clients. The move could boost inflows and send a legitimizing signal to other financial institutions.

Bitwise, currently the fourth-largest spot Bitcoin ETF issuer in the United States, with assets under management totaling $1.778 billion, has published a series of stunning predictions for the Bitcoin landscape leading up to the 2028 halving. These projections are not only grounded in past data and trends but also reflect a deeper integration of BTC

The price of Bitcoin, the leading cryptocurrency, continues to be a hot topic with analysts offering a spectrum of predictions. Recent price dips have reignited the debate, with some experts warning of a downward spiral while others see a potential buying opportunity. Related Reading: Charity Gets A Digital Boost: $2 Billion In Crypto Donations Empower

As the Shiba Inu ecosystem continues to expand, its upcoming developments for the years 2024 and 2025 are drawing considerable attention from both investors and participants within the ecosystem. Lucie, the Shiba Inu marketing lead, outlined the roadmap for Shibarium through a post on X, detailing several key initiatives that promise to enhance and broaden

Recent reports informed of an alleged circular released by the Central Bank of Nigeria (CBN). The document warned financial institutions that engaging with cryptocurrencies and facilitating operations for crypto exchanges was prohibited. The news raised alarms as, four months ago, Nigeria lifted the ban that prevented banks and other financial institutions from operating accounts for

Following the latest Halving, Bitcoin’s inflation rate has officially become lower than Gold’s, making BTC the scarcest asset in history. Bitcoin Halving Results In Inflation Rate Dropping To Just 0.83% In its latest weekly report, the on-chain analytics firm Glassnode discussed the impact of the latest Halving on cryptocurrency. Halving is a periodic event on