News

Dogecoin Founder's Cat Caramelo Inspires $MELO Token

Shibetoshi Nakamoto adopts a kitten and names it Caramelo. In fact, the new kitten sparked interest in the $MELO memecoin. Here is a look into that tweet that got everything started.

Yagyesh Jaiswal

Caramelo, recently adopted by Shibetoshi Nakamoto, the co-founder of Dogecoin, has become the force behind the $MELO token. Here is a look into that tweet that sparked this meme coin frenzy.

Sen. Lummis: Gensler May Exit SEC if Trump Wins

Senator Lummis predicts SEC Chair Gensler's departure if Trump is elected, calls for clearer and more certain crypto regulations and commodity definitions.

Karim Noun

Senator Lummis predicts SEC Chair Gensler's departure if Trump is elected, calls for clearer and more certain crypto regulations and commodity definitions.

Bolivia's Crypto Market Booms Following Bitcoin Ban Reversal

Bolivia sees 141% increase in crypto transactions after lifting Bitcoin ban. Monthly trade volume reaches $15.6M, fostering economic modernization.

Karim Noun

Bolivia's crypto transactions more than doubled after lifting its Bitcoin ban in June. Monthly trade volume rose to $15.6M, with total Q3 transactions reaching $46.8M. The central bank sees this as a step towards economic modernization.

KuCoin Likely to Cease Operations in the Netherlands

KuCoin faces a probable end of operations in the Netherlands, despite the company's reassurances against mounting regulatory scrutiny.

Yagyesh Jaiswal

KuCoin, one of the largest crypto exchanges, might just stop operation in the Netherlands amidst its regulatory challenges. Users complain about being unable to withdraw their funds, raising concerns about the future of this platform in the region.

SUI's 130% Surge: Is a Market Correction on the Horizon?

SUI price skyrocketed over 130% to $1.70. Indicators suggest bullish momentum, but overbought signals may lead to a correction in the short term.

Yagyesh Jaiswal

SUI price has surged significantly over 130% to exceed $1.70. This upward price action stems from an increase in social activity and trading volume. Although investors are bullish, technical indicators suggest that SUI is overbought, hinting at a potential correction in the short term and investors should remain vigilant as the market develops.

Ethereum Surges Amid Whales' Moves and ETF Plans of India

Ethereum climbs past $2,700 as whales book $72M profits. India is the latest to plan a Bitcoin & Ethereum futures ETF that will change the crypto market landscape.

Yagyesh Jaiswal

This is in reaction to whales booking $72M in profits. India eyes its first Bitcoin and Ethereum futures ETF that could reshape its crypto landscape.

SEC Chair Clarifies Bitcoin's Status as non Security

SEC Chair Gary Gensler confirms Bitcoin is not a security, but criticizes the broader crypto industry for disregarding regulations. Ethereum's status remains ambiguous amid ongoing SEC scrutiny.

Karim Noun

SEC Chair Gary Gensler confirms Bitcoin is not a security, but criticizes the broader crypto industry for disregarding regulations. Ethereum's status remains ambiguous amid ongoing SEC scrutiny.

Bitcoin ETFs Close in on Satoshi's Holdings

US Bitcoin ETFs collectively hold 916,047 BTC, nearing Satoshi Nakamoto's estimated 1.1 million BTC. BlackRock's IBIT leads with 358,080 BTC, as total ETF inflows reach $17.8 billion.

Karim Noun

US Bitcoin ETFs collectively hold 916,047 BTC, nearing Satoshi Nakamoto's estimated 1.1 million BTC. BlackRock's IBIT leads with 358,080 BTC, as total ETF inflows reach $17.8 billion.

BlackRock Executive Redefines Bitcoin's Risk Profile

Robbie Mitchnick states that Bitcoin is a risky but 'risk-off' asset. Furthermore, He argues Bitcoin's long-term price action is uncorrelated to traditional risk on assets, potentially offering an alternative in times of economic uncertainty.

Karim Noun

Robbie Mitchnick states that Bitcoin is a risky but 'risk-off' asset. Furthermore, He argues Bitcoin's long-term price action is uncorrelated to traditional risk on assets, potentially offering an alternative in times of economic uncertainty.

PayPal Now Enables Crypto Trading for U.S. Business Accounts

PayPal has also opened up its business accounts to allow account holders to buy, hold, and sell cryptocurrencies. While this will expand PayPal's offerings and allow cryptocurrency trading by U.S. business accounts, businesses located in New York state are excluded from this new service....for now.

Yagyesh Jaiswal

On September 25, 2024, PayPal announced the service would be available to U.S. business accounts to buy, hold, and sell cryptocurrencies. The new service came as a response to demand from U.S. business owners while not allowing businesses in New York state access.

SEC Postpones Ethereum ETF Options Trading Decision

SEC postpones decision on options trading for BlackRock and Bitwise spot Ethereum ETFs to November, as they need more consideration and clarity.

Karim Noun

SEC postpones decision on options trading for BlackRock and Bitwise spot Ethereum ETFs to November, as they need more consideration and clarity.

Caroline Ellison Sentenced to 2 Years for FTX Collapse Role

Caroline Ellison, The former CEO of Alameda Research and EX partner of SBF, receives a 2-year prison sentence and $11B forfeiture order for her role in FTX exchange collapse.

Karim Noun

Caroline Ellison, The former CEO of Alameda Research and EX partner of SBF, receives a 2-year prison sentence and $11B forfeiture order for her role in FTX exchange collapse.

BlackRock Sees $158 Million Inflows in Bitcoin and Ether ETFs

BlackRock reports substantial inflows of $158 million across its Bitcoin and Ethereum ETFs, highlighting growing institutional interest in crypto assets.

Yagyesh Jaiswal

On September 25, 2024, BlackRock reported $158 million in inflows across both its Bitcoin and Ethereum ETFs. The numbers clear up just how appealing these cryptocurrency investment products are starting to be to institutional investors.

Binance Allows Pre-Market Trading of Real Tokens

Binance has begun to allow pre-market trading of real tokens so that early investment can be made ahead of listing. Discover the feature in detail here.

Yagyesh Jaiswal

Binance has recently introduced a new feature: the pre-market trading service for real tokens. As such, investors can invest in the token much in advance before its official listing. With this unique and innovative feature coming with certain restrictions, it's a big development in crypto trading.

Bitcoin's Path: Consolidation or Breakthrough?

The Bitfinex report indicates Bitcoin may consolidate below $65,200 due to derivatives-led rally. ETF inflows and S&P 500 performance could impact future market direction.

Karim Noun

The Bitfinex report indicates Bitcoin may consolidate below $65,200 due to derivatives-led rally. ETF inflows and S&P 500 performance could impact future market direction.

AI Tokens Outperform Crypto Market Following Fed Rate Cut

AI tokens dominate weekly crypto gains with 37% average return, doubling market performance. Bittensor's TAO leads with 86% increase following Fed's interest rate cut.

Karim Noun

AI tokens dominate weekly crypto gains with 37% average return, doubling market performance. Bittensor's TAO leads with 86% increase following Fed's interest rate cut.

Token 2049 Wraps Up With Ether Outperforming Bitcoin

Ether outpaces Bitcoin as Token 2049 wraps up. Overall crypto market is flat despite trading activity following recent rate cuts.

Yagyesh Jaiswal

As Token 2049 wraps up in Singapore, Ether takes the lead over Bitcoin in daily gains while the crypto market is still flat with mixed performances of various tokens amid recent rate cuts.

Bitcoin Price Recovers as ETFs See Significant Inflows

Bitcoin price rebounds to $63,000 as ETFs see $150 million inflow. Year-to-date ETF inflows hit $17.7 billion, representing 5% of Bitcoin's market cap in just nine months.

Karim Noun

Bitcoin price rebounds to $63,000 as ETFs see $150 million inflow. Year-to-date ETF inflows hit $17.7 billion, representing 5% of Bitcoin's market cap in just nine months.

MicroStrategy Expands Bitcoin Holdings with $458M Purchase

MicroStrategy continues aggressive Bitcoin acquisition strategy, purchasing 7,420 BTC for $458.2M. The company's total Bitcoin holdings now stand at 252,220 BTC, with growing interest in MicroStrategy ETFs.

Karim Noun

MicroStrategy continues aggressive Bitcoin acquisition strategy, purchasing 7,420 BTC for $458.2M. The company's total Bitcoin holdings now stand at 252,220 BTC, with growing interest in MicroStrategy ETFs.

TON Blockchain's Explosive Growth in 2024

TON blockchain experienced explosive growth in 2024, with daily active addresses increasing by 3,435% and TVL growing 8x. The network has also become a major player in on-chain gaming.

Karim Noun

TON blockchain experienced explosive growth in 2024, with daily active addresses increasing by 3,435% and TVL growing 8x. The network has also become a major player in on-chain gaming.

Germany Shuts Down 47 Suspicious Crypto Exchanges

The German government has shut down 47 cryptocurrency exchanges, accusing them of knowingly allowing for an "underground economy" for cybercriminals to operate and prosper. Authorities have seized the servers and data from the exchanges.

Yagyesh Jaiswal

The German government has shut down 47 cryptocurrency exchanges due to accusations that they were knowingly concealing the origins of funds obtained illegally. Authorities have seized the servers and data from the exchanges and warned users that they do have their information and will be coming for them.

BTC Approaches $64K: BoJ Rate Decision Boosts Risk Assets

Bitcoin approaches $64,000, as BTC futures see billions in new flow, while the Bank of Japan's decision to hold rates boosts risk assets.

Yagyesh Jaiswal

Bitcoin gained 10% over the past week, as macro data led to optimism about riskier assets. Open interest showed a $5 billion influx in BTC, and crypto markets saw meme tokens and layer-1 tokens leading the price increase.

BTC Climbs to $64K After Fed Cuts Interest Rates

Bitcoin price action reached a new high of $62,600 on September 19th, after the U.S. Federal Reserve surprised the market with a 0.5% interest rate cut, that led to fears of potential repercussions in the U.S. financial markets.

Yagyesh Jaiswal

The crypto market soared on September 19th, as Bitcoin (BTC) price rose to a three-week high of $62,600, due to an unexpected action by the U.S. Federal Reserve that morning, cutting interest rates by 0.5%. More than $128M in short BTC positions were liquidated due to the price rise.

BlackRock Unveils Bitcoin's Potential as a Portfolio Asset

BlackRock's 9-page document to clients presents Bitcoin as a "unique diversifier" for portfolios, highlighting its uncorrelated returns and resilience despite acknowledging its risks.

Karim Noun

BlackRock's 9-page document to clients presents Bitcoin as a "unique diversifier" for portfolios, highlighting its uncorrelated returns and resilience despite acknowledging its risks.

Revolut's Bold Move: Developing Its Own Stablecoin

Revolut is reportedly in the final stages of developing its own stablecoin. This step is in line with the company’s “borderless banking” mission statement and adds to its existing crypto services.

Karim Noun

Revolut is reportedly in the final stages of developing its own stablecoin. This step is in line with the company’s “borderless banking” mission statement and adds to its existing crypto services.