As the memecoin frenzy continues to drive network activity, 89% of new token releases are powered by Solana
With 89% of new tokens opting to launch on the network, Solana continues to dominate new token activity, even as Bitcoin makes headlines with new price milestones. Given that the…
Amid a surge in venture capital, Portal Ventures obtains $75 million to invest in pre-seed cryptocurrency firms
On Thursday, the venture capital firm Portal Ventures revealed on X that it is about to launch a $75 million fund that would be used to invest in pre-seed cryptocurrency…
To “allow the tokenization of anything,” Tether introduces the RWA platform
On Thursday, Tether, the company that issues stablecoins, announced the debut of Hadron, a platform for tokenizing real-world assets that will let users tokenize “anything.” From simple reference goods like…
‘Smart transactions’ are revealed by Ethereum researchers to bring the World Computer to life
Vlad Zamfir, a pioneer in Ethereum research, is starting a new project called Smart Transactions that will open a “time machine” and allow for “hybrid applications.” To put it briefly,…
The FBI seizes the Polymarket CEO’s phone and equipment: report
The New York Post reported, citing an unidentified source, that Polymarket CEO Shayne Coplan’s phone and equipment were confiscated by the FBI on Wednesday. A later piece by Bloomberg claims…
According to rumors, a 25-year-old crypto influencer’s body was discovered in a park in Montreal
According to local media, Canadian police have determined that a body discovered in a park in Montreal is that of 25-year-old cryptocurrency influencer Kevin Mirshahi. Police have now located and…
Analysts at Copper.co predict that Bitcoin might reach its peak in 200 days, which is consistent with forecasts of the US recession
Based on past statistics, analysts at Copper.co predict that the price of bitcoin may peak by the end of May. In a research published Tuesday, the experts looked at the…
Huma Finance, a “PayFi” business, aims to broaden its trade financing offerings by expanding to Solana
To enhance its “instant liquidity solution,” Huma Finance, an EVM-based payment finance network, is launching on Solana. A program that offers authorized investors larger rates is launched at the same…
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…