Category Archive: Cryptocurrency, No picture
PolitiFi tokens surge in popularity as US elections approach; Trump meme coins see higher returns
Key Takeaways MAGA token surged 51% after Trump’s shooting, reflecting increased crypto speculation on US elections. VanEck’s SOL ETF filing is viewed as a bet on the presidential election outcome. Crypto traders are increasingly using PolitiFi tokens to speculate on the US presidential campaign, with tokens linked to former president Donald Trump seeing significant price […]
“Bitcoin is a legitimate financial instrument,” says BlackRock CEO
Key Takeaways BlackRock CEO Larry Fink has shifted from a Bitcoin skeptic to a believer, calling it a legitimate financial instrument. BlackRock’s BUIDL fund has tokenized over $524 million in US Treasuries using the Ethereum blockchain. During his participation on CNBC’s Squawk On The Street, BlackRock’s CEO Larry Fink recognized his role as a previous […]
Cat meme coin HEHE soars 190% amid Bitcoin rebound
Key Takeaways HEHE token surged over 193% in 24 hours, leading a broader cat-themed crypto rally. Multiple cat meme coins, including MICHI and KEYCAT, saw double-digit gains amid increased trading volumes. Cat-themed coins were the crypto sector with the best performance in the past 24 hours, according to data aggregator CoinGecko. Their performance was heavily […]
Zeebu announces third quarterly burn and plans to launch ‘ZBU Protocol’ to revolutionize B2B payments
In a groundbreaking move that sets a new precedent in the DeFi sector, Zeebu, a leading Web3 payment platform for the telecom industry, is thrilled to announce its upcoming quarterly token burn event, governed by the ZBU Phoenix Protocol and its innovative ‘ZBU Protocol’. This is in a bid to revolutionize the DeFi payments landscape.Scheduled […]
Bitcoin funds draw fifth-largest weekly inflow
Key Takeaways Digital asset investment products saw $1.44bn inflows, pushing YTD total to $17.8bn. Bitcoin led with $1.35bn inflows, marking the 5th largest weekly inflow on record. Digital asset investment products saw $1.44 billion in inflows last week, pushing year-to-date (YTD) inflows to a record $17.8 billion, surpassing the 2021 total of $10.6 billion. Bitcoin […]
Tether hires ex-Chainalysis economist Philip Gradwell as head of economics
Key Takeaways Philip Gradwell, former Chainalysis chief economist, joins Tether as Head of Economics. Gradwell aims to shift focus towards understanding digital assets’ use in the real economy. Tether has appointed Philip Gradwell, formerly Chief Economist at Chainalysis, as its Head of Economics. Gradwell brings over six years of expertise in analyzing digital asset use […]
BlackRock pulls 2022 ad showing Trump gunman
Key Takeaways BlackRock will remove an ad featuring Thomas Matthew Crooks, the gunman from the Trump rally. The company expressed relief that Trump was not seriously injured and extended thoughts to all victims. BlackRock has stated that Thomas Matthew Crooks, the 20-year-old who shot and injured former President Donald Trump at a Pennsylvania rally, briefly […]
Bitcoin mining bill advances in Russia, awaits State Duma vote in late July
Key Takeaways A bill legalizing crypto mining in Russia is expected to be voted on by the State Duma later this month. Miners would be required to report their mining activities and comply with anti-money laundering protocols under the proposal. The State Duma’s Committee on Financial Markets recommended the lower House of the Russian Parliament […]
Ethereum surges 5% to $3,300 ahead of key ETF decision
Key Takeaways Ethereum’s price surpasses $3,300 as the market awaits the SEC’s trading approval of spot Ethereum ETFs. Analysts and industry leaders believe the imminent approval will boost Ethereum investment. The price of Ethereum has rallied 5% to over $3,300 ahead of the key spot Ethereum exchange-traded fund (ETF) decision, according to data from TradingView.The […]
US Bitcoin spot ETFs attract over $1 billion in net inflows in a week despite bearish market sentiment
Key Takeaways US spot Bitcoin ETFs attracted over $1 billion in a week. Mt. Gox creditor repayments may present a buying opportunity for Wall Street. US spot Bitcoin exchange-traded funds (ETFs) have attracted over $1 billion in net inflows over the last week despite the bearish sentiment across the crypto markets, with the Crypto Fear […]
