Nynu V Jamal
$2 Billion Token Unlocks: Will It Lead to a Longer Bear Market?
A prominent crypto analytics platform, 10x Research, recently warned against an impending bear market driven by the $2 billion token unlocks in the upcoming days. The platform asserted that the...
Trump Promises a Good Crypto Future, Seeks Crypto Enthusiasts’ Support
In a recent development, former US President Donald Trump has reignited optimism in the future of crypto in the United States if he is elected in the upcoming Presidential Election....
Susquehanna International Group Invests $1.3 Billion in Bitcoin ETFs
In a recent development, Susquehanna International Group, a global quantitative trading firm, revealed that the firm holds about $1.3 billion in investments in 10 Spot Bitcoin Exchange Traded Funds (ETFs)...
FTX Files Amended Reorganization Plan, Assures Full Reimbursement
The bankrupt crypto exchange FTX recently filed their anticipated Reorganization Plan in the United States Bankruptcy Court for the District Court of Delaware. The firm has planned the “centralized distribution”...
LocalMonero and AgoraDesk Shut Down: Users Urged to Reclaim Funds
In a recent revelation, the team behind the peer-to-peer trading platforms LocalMonero and AgoraDesk announced the firms’ closure. As per the official notice, the platforms are being shut down due...
FTX and Binance Founders’ Legal Cases Show Crypto’s Dark Corners
FTX’s Sam Bankman Fried and Binance’s Changpeng Zhao, once the rulers of the crypto world, recently faced legal challenges and prison sentences, showcasing the space’s unpredictable nature. With the court...
Crypto Gains Are Not Spent on Luxury, Researchers Unveil
A recent Bloomberg report spotted a group of researchers who studied the “wealth effect” of cryptocurrencies in the American economy. The researchers identified that the unexpected gains from crypto were...
Tron Founder’s Team Wallet Deposits $376M Worth of EETH Into Swell L2
TRON Founder Justin Sun has recently created headlines in connection to a massive $300+ million worth of Ether (ETH). According to an X post by Colin Wu, a Chinese crypto...
Hong Kong’s ETFs Fail To Attract Investors, Mark Low Trading Volumes
Hong Kong’s ETFs witnessed low trading volumes in the initial four trading days. The Bitcoin ETFs marked $5.5 million in trading volume on Friday, much lower than the first day....
Cred LLC Former Executives Charged With Conspiracy and Fraud: Report
A recent press release revealed that a Federal grand jury charged three former executives of Cred LLC, a San Francisco-based financial services firm that filed for Chapter 11 bankruptcy in...
Analyst Criticizes SUI’s Centralization, Alleges SUI’s Supply Chart Is Lie
Justin Bons, the Founder of the crypto research platform Cyber Capital, criticized SUI’s centralized control, highlighting that almost 84% of the staked supply is under the control of its founders....
MicroStrategy CEO Hails Bitcoin as the Best Crypto Asset with No Opponents
Michael Saylor, the Executive Chairman of MicroStrategy, the largest public holder of Bitcoin, spotted Bitcoin as the best crypto asset ever, with no other second-best asset. In a keynote address...
Fantom Aims To Attract Memecoin Traders, Reserves $6.5M FTM: Report
Fantom, a Layer 1 blockchain network, has initiated establishing a “safer memecoin” space to become part of the vast $50 billion memecoin sector. The blockchain network plans to reserve $6.5...
Pantera Capital Invests in TON Network, Amount Undisclosed: Report
In an official blog dated May 2, American hedge fund Pantera Capital announced its first investment in The Open Network (TON). Though the amount is undisclosed, the platform has shared...
Polkadot Founder Releases JAM Graypaper To Revolutionize Web3’s Future
Prominent crypto analyst Michael van de Poppe acknowledged Polkadot as a “promising Layer 1 Blockchain outside of Ethereum.” In his recent X post, van de Poppe shared insights on Polkadot’s...
MicroStrategy Announces the Launch of MicroStrategy Orange: Report
MicroStrategy, the largest corporate holder of Bitcoin (BTC), has recently announced the launch of MicroStrategy Orange, a decentralized identity solution using the Bitcoin blockchain. The platform introduced MicroStrategy Orange during...
Terraform Labs and Do Kwon Challenge the Proposed $5.3B Penalty: Report
According to a recent Bloomberg report, Terraform Labs and its founder, Do Kwon, challenged the huge $5.3 billion penalty proposed by the Securities and Exchange Commission (SEC) in the lawsuit....
JPMorgan and Goldman Sachs Expect Fed’s First Interest Rate Cut in July
The Federal Reserve is expected to hold the interest rate unchanged at the two-decade high of 5.25% to 5.5% after the Federal Open Market Committee (FOMC) meeting. While the two-day...
Court Rules Changpeng Zhao’s 4-Month Sentence, Prosecutors Criticize
Binance Founder Changpeng Zhao, once considered the most powerful figure in the crypto world, was sentenced to four months in prison for violating anti-money laundering rules. In a Tuesday hearing,...
House’s McHenry Criticizes SEC Chair Gensler for Misleading Congress
House Financial Services Committee Chairman, Rep. Patrick McHenry, recently criticized Securities and Exchange Commission (SEC) Chair Gary Gensler for misleading Congress on the classification of Ether as security. He stated...
ChinaAMC’s Bitcoin and Ether ETFs Excel: IOP Totals $142 Million
Fund management company ChinaAMC has reportedly exhibited a remarkable IOP (initial offering period) scale, totaling approximately US$142 million. As per Chinese crypto reporter Colin Wu’s X post on Wu Blockchain...
HashKey Aims to “Green” ETFs’ Bitcoin Blocks, Partners GreenBTC.Club
In an official post, HashKey Group, a digital asset financial services group in Asia, announced its strategic collaboration with GreenBTC.Club. The alliance envisions the launch of the “Bitcoin ETF Greening...
MicroStrategy Adds 122 BTC for $7.8M, Now Holds 214,400 Bitcoins
In a recent move, self-described Bitcoin development company MicroStrategy (MSTR) has accumulated an additional 122 BTC for $7.8 million. According to a recent X post shared by Founder Michael Saylor,...
Will BRICS Use Ripple’s XRP Settlement Platform for Stablecoin?
In a recent revelation, the BRICS consortium, comprising major powers including Brazil, Russia, India, China, and South Africa, has announced its plans to launch a stablecoin for international settlements. The...
XRP Dips 18%+ in a Month Amidst Crucial Legal Developments: Report
XRP recedes to $0.5075 on April 29, 2024, when the Ripple-XRP legal war takes a significant turn. While Ripple’s XRP dipped slightly by 2.91% over the last 24 hours, the...
