Category Archive: Cryptocurrency, No picture
Marc Andreessen’s Bitcoin gift to AI bot propels meme coin to $300 million valuation
Key Takeaways Truth Terminal, a viral AI bot, endorses GOAT memecoin, sending its market cap soaring from $5,000 to $300 million in just five days. An anonymous party issued GOAT for under $2 on Solana’s Pump.Fun before the AI bot’s memetic influence fueled a rapid rise to $300 million. Share this article Truth Terminal, an […]
Bitcoin surpasses $68,000, on track to break record high
Key Takeaways Bitcoin has surged to $68,000, only 8% away from its record high. Analysts suggest that once Bitcoin’s dominance declines, altseason will kick off. Share this article Bitcoin broke through the $68,000 price level during the early hours of Wednesday, and is only 8% away from its all-time high of $73,000, according to data […]
US spot Bitcoin ETFs hit $1 billion inflows in three days, BlackRock and Fidelity lead
Key Takeaways US spot Bitcoin ETFs accumulated $1 billion in three days. This record growth indicates strong market demand for Bitcoin investments. Share this article US spot Bitcoin ETFs have seen a major surge in net purchases, totaling over $1 billion in the last three trading days, according to Farside Investors. Fidelity and BlackRock have […]
Bitcoin cuts out predatory banking, empowers the unbanked, says pro-XRP attorney John Deaton
Key Takeaways John Deaton sees Bitcoin as a revolutionary tool that can help people avoid predatory fees associated with traditional banking systems. He believes that Warren’s policies do not align with the needs of the working class and instead favor established financial institutions. Share this article Bitcoin could help eliminate the need for predatory banks […]
Grayscale files to turn Bitcoin, Solana, XRP, and Ethereum multi-crypto fund into ETF
Key Takeaways Grayscale has filed with the SEC to convert its Digital Large Cap Fund into an ETF. The fund predominantly invests in Bitcoin and Ethereum, comprising nearly 94% of its assets. Share this article Grayscale has filed a request with the SEC to convert its Digital Large Cap Fund into an ETF, according to […]
TikTok Coins system may classify as a crypto exchange, expert warns FCA
Key Takeaways TikTok’s coin system could be classified as a crypto exchange activity. The FCA has not registered TikTok as a digital asset exchange. Share this article TikTok could be acting as a digital assets exchange in the UK, a compliance expert has told the Financial Conduct Authority (FCA), according to a report from Financial […]
Litecoin spikes 10% as Canary Capital applies for spot Litecoin ETF
Key Takeaways Litecoin briefly surged past $70 after Canary Capital filed with the SEC for a Litecoin ETF. Given that the SEC views most crypto assets as securities, it remains unclear whether the ETF will get the greenlight. Share this article Litecoin (LTC) jumped 10% to $70.8 briefly after Canary Capital, a crypto-focused investment management […]
Canary Capital files for Litecoin ETF with SEC filing
Key Takeaways Canary Capital’s Litecoin ETF aims to simplify investor access to Litecoin. The ETF will secure Litecoin in cold storage to minimize security risks. Share this article Canary Capital has officially filed for a Litecoin ETF with the SEC, following its recent submission for an XRP ETF earlier this month. According to Canary Capital, the […]
Trump-backed WLFI token sale falls short, raising just $5 million in first hour
Key Takeaways Trump-backed WLFI token sale underperforms despite 344 million tokens sold. WLFI aims for a $1.5 billion valuation on Ethereum. Share this article The Trump family-backed World Liberty Financial (WLF) token sale launched earlier today, raising only $5.5 million in its first hour. Over 344 million WLFI tokens were sold to nearly 2,900 wallets during […]
Bitcoin inches toward $68,000 following BlackRock’s CEO crypto endorsement
Key Takeaways Bitcoin has surged past $67,000, only 8% away from its all-time high. BlackRock CEO compares Bitcoin to gold, endorsing it as a viable asset class. Share this article Bitcoin hit a high of $67,800 in the last few minutes, edging closer to the $68,000 and being only 8% away from its record high […]
