Author: Puskar Pande
Canary Capital applies for the first-ever Hedera HBAR spot ETF to the SEC
Canary Capital is the first company to file for a Hedera spot exchange-traded fund with the U.S. Securities and Exchange Commission. On Tuesday, the cryptocurrency investment firm submitted an S-1…
After the spectacular bitcoin advance, Microstrategy’s stock reaches a new all-time high of almost $340
According to NASDAQ data, the share price of business intelligence company Microstrategy hit a record high of $350 on November 11. Monday’s unprecedented price climb for bitcoin coincides with the…
Call premiums on the bitcoin market have gone higher as traders wager on post-election gains
According to an analyst, traders of bitcoin options are paying high premiums for call options, which suggests that they are becoming increasingly optimistic about the future price increases of the…
After reaching a new all-time high, the polymarket odds for bitcoin surpassing $100,000 before year’s end rise to 57%
Following the token’s breach of a new all-time high, the Polymarket prediction market on whether bitcoin would cross $100,000 this year exploded. An individual share for “yes” in that prediction…
Muneeb Ali, the founder of Stacks, plans to launch the sBTC upgrade in early December
The next significant update to the network is imminent, according to the founder of Stacks, a blockchain created to expand bitcoin. The goal is [early December], which appears to be…
For the first time, Bitcoin surpasses $77,000 while the CEO of VanEck forecasts $300,000 potential
It’s difficult to determine whether there is a correlation, but just as VanEck CEO Jan Van Eck appeared on CNBC predicting that bitcoin would reach a new all-time high on…
To hint at the coin launch, Polymarket remarked, “We predict future drops”
According to reports, the decentralized prediction market Polymarket is hinting at a token airdrop that would help users who want to exchange their winning wagers for further benefits. This would…
The biggest US city to accept cryptocurrency for tax and fee payments is Detroit
According to a Thursday announcement by city officials, Detroit will become the biggest city in the US to accept bitcoin payments. Through a secure network run by PayPal, residents can…
The Ethereum Foundation reveals $788 million in cryptocurrency assets and strengthens its staff conflict of interest policy
According to this year’s financial report, as of October 31, 2024, the Ethereum Foundation had $970.2 million in cryptocurrency and non-crypto assets. As of the end of October 2024, the…
The CEO of the cryptocurrency company WonderFi was abducted and subsequently freed after paying a $1 million ransom: report
According to a CBC report, Dean Skurka, the CEO of WonderFi, a company based in Toronto, was abducted and then freed after paying a $1 million ransom. After being pushed…
Amid the AI and memecoin craze, Pump.fun achieves record income, rising to $30.5 million in October
With $30.5 million, Pump.fun, the notorious website that allows anyone to develop and launch a coin on Solana, has set a new monthly income record. This amount surpasses the previous…
After the Trump triumph, BlackRock’s spot bitcoin ETF sees $1 billion in trade in just 20 minutes
According to Bloomberg Senior ETF Analyst Eric Balchunas, the day after Donald Trump won the U.S. In the first 20 minutes of trading following the presidential election, BlackRock’s IBIT spot…
Do Kwon’s now-defunct “Luna Foundation Guard” sells $52 million worth of AVAX tokens to the Avalanche Foundation
After more than two years, the Avalanche Foundation is ending its involvement with the defunct blockchain Terra. The foundation has completed repurchasing tokens from the Luna Foundation Guard, an entity…
Prior to the launch of a VPN, privacy firm Nym Technologies will repurchase $1 million in NYM tokens
Nym Technologies, a privacy-focused Swiss company sponsored by Andreessen Horowitz, intends to buy back $1 million worth of tokens. The goal of token buybacks, a fairly prevalent practice in cryptocurrency…
On Election Day, Bitcoin reaches a new all-time high above $74,000 as Trump gains an early lead
With the market processing Republican nominee Donald Trump’s early lead in the 2024 presidential election, the price of bitcoin has surpassed $73,737.94 to reach a new all-time high. According to…
Introduction of SynFutures’ ‘Perp Launchpad’ and $1 million award program for decentralized derivatives startups
SynFutures, a decentralized derivatives firm, unveiled its Perp Launchpad, the first platform designed specifically for the establishment of perpetual futures markets. The launch coincides with a $1 million award program…
The biggest daily decline in spot bitcoin ETFs outflows since May recorded at $541 million
Monday’s $541 million net outflow from U.S. spot bitcoin exchange-traded funds was the biggest daily net outflow since May 1 and the second-largest negative flow since trading started in January….
The healthcare business Semler Scientific adds 47 bitcoins to its holdings, bringing its total to 1,058
The healthcare IT business Semler Scientific has paid $3 million for an extra 47 bitcoin as part of its continued goal to accumulate bitcoin, bringing its total holdings to 1,058…
As the tragedy of a euthanized pet named Peanut becomes an election issue, cryptocurrency speculators wager millions on memecoins with squirrel themes
Following the news that New York wildlife officials put a pet named Peanut to death, traders are placing bets on a variety of memecoins with squirrel themes on the Pump.fun…
Strive, founded by Ramaswamy, introduces a wealth management division to include Bitcoin in conventional portfolios
Strive Enterprises, an asset management company, was introduced on Friday. It was co-founded by billionaire Anson Frericks and Trump booster and former Republican presidential candidate Vivek Ramaswamy. incorporating Bitcoin into…