Category Archive: Cryptocurrency, No picture

BlackRock’s Bitcoin ETF suffers record-high outflows of $332 million

BlackRock’s Bitcoin ETF suffers record-high outflows of $332 million

Key Takeaways BlackRock’s IBIT experienced a record single-day outflow of $332 million on January 1. US spot Bitcoin ETFs collectively faced outflows of $650 million for the week. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow of over $332 million on January 1, surpassing its previous record of $188 million […]
Elon Musk’s tweet sends adult-themed crypto prices soaring 400%

Elon Musk’s tweet sends adult-themed crypto prices soaring 400%

Key Takeaways Elon Musk’s tweet caused CumRocket’s price to surge by 400% in under an hour. Musk’s influence on social media continues to impact crypto prices significantly. Share this article Adult-themed crypto token CumRocket surged 400% in under an hour after Elon Musk tweeted an image featuring Apu Apustaja, a Pepe the Frog variation, alongside […]
COOKIE token jumps 420% this week as $14 million staked fuels surge

COOKIE token jumps 420% this week as $14 million staked fuels surge

Key Takeaways COOKIE token saw a 420% increase in value this past week, with $14.3 million in staking. The launch of DataSwarm Framework and listing on Binance Alpha have fueled the token’s growth. Share this article COOKIE token surged 420% in the past week as staking value reached $14.3 million, according to CoinGecko data. The […]
Bitcoin to gain adoption by five nation states as strategic asset in 2025: Galaxy Research

Bitcoin to gain adoption by five nation states as strategic asset in 2025: Galaxy Research

Key Takeaways Major corporations and sovereign nations are expected to announce Bitcoin holdings in 2025, indicating a strategic shift in digital asset adoption. Bitcoin’s market value is projected to reach $185,000, with significant investments flowing into US Bitcoin exchange-traded products. Share this article Major corporations and sovereign nations are poised to add Bitcoin to their […]
T3 financial crime unit marks enforcement victory: USDT 100 million in criminal assets frozen across five continents

T3 financial crime unit marks enforcement victory: USDT 100 million in criminal assets frozen across five continents

Share this article January 2, 2024 – The T3 Financial Crime Unit (T3 FCU), a collaboration between TRON, Tether, and TRM Labs, has frozen more than USDT 100 million in criminal assets globally, passing a significant milestone in its fight against cryptocurrency-related financial crime.Launched in August 2024, T3 FCU has rapidly emerged as a model […]
IRS delays crypto tax reporting rules to 2026

IRS delays crypto tax reporting rules to 2026

Key Takeaways The IRS has delayed crypto tax reporting requirements to January 1, 2026. The delay helps brokers prepare for new systems to determine cost basis for crypto assets. Share this article The Internal Revenue Service delayed new crypto tax reporting requirements until January 1, 2026, giving digital asset brokers an additional year to prepare […]
Morgan Stanley’s E-Trade plans to offer crypto trading as Trump administration signals pro-crypto stance

Morgan Stanley’s E-Trade plans to offer crypto trading as Trump administration signals pro-crypto stance

Key Takeaways E-Trade plans to offer direct crypto trading amid regulatory optimism under Trump. The move would position E-Trade as a major player in digital asset trading. Share this article E-Trade, Morgan Stanley’s online brokerage division, is exploring plans to launch crypto trading services amid expectations of a more favorable regulatory environment under the Trump […]
Polymarket predicts a 78% chance Solana ETFs will secure SEC approval this year

Polymarket predicts a 78% chance Solana ETFs will secure SEC approval this year

Key Takeaways Polymarket bettors predict a 78% chance of SEC approval for Solana ETFs in 2025. Five asset managers have filed applications for Solana ETFs but face challenges with SEC approval. Share this article Bettors on prediction market Polymarket are pricing in a 78% probability that the SEC will approve spot Solana ETFs in 2025, […]
XRP jumps 10% to $2.3 as 2025 kicks off

XRP jumps 10% to $2.3 as 2025 kicks off

Key Takeaways XRP surged 10% to $2.3 on the first trading day of 2025. XRP dominated trading volumes over Bitcoin and Ethereum in South Korea. Share this article XRP has kicked off the new year with a strong performance, surging 10% in the last 24 hours and reclaiming the $2.3 mark last seen on December […]
If Trump establishes strategic Bitcoin stockpile, Japan and other Asian nations will follow suit, says Metaplanet CEO

If Trump establishes strategic Bitcoin stockpile, Japan and other Asian nations will follow suit, says Metaplanet CEO

Key Takeaways If Trump establishes a Bitcoin strategic reserve, it could lead to Japan and other Asian nations doing the same. Metaplanet has achieved a 1,900% surge in share value, often referred to as Asia’s MicroStrategy due to its Bitcoin investments. Share this article If Trump implements Bitcoin as a strategic reserve, Japan and other […]