For the third consecutive week, digital asset investment products attracted impressive inflows, as this time, they totaled $1.05 billion. The latest figures contributed to a record-breaking year-to-date cumulative flow of $14.9 billion. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, the recent surge in prices has driven total digital asset…
The current debate between Solana and Litecoin revolves around which cryptocurrency might secure ETF approval sooner. Meanwhile, Bittensor (TAO) has experienced a 28% price surge after months of decline. BlockDAGโs innovative dashboard, featuring rankings and a leaderboard page, has gamified crypto investing, expanded its community, and contributed to an impressive 800% growth recently. With its…
The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and will release a report once it is satisfied with the progress made in…
Crypto whales and sharks have been known to sway the market in one direction, triggering losses or gains by simply moving their assets. Watching the activities of these market stakeholders can help traders prepare for the next potential move in the price of an asset. Analysts at crypto data platform Santiment have revealed the accumulation…
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names โKing Oduaโ and โAlagbada726,โ converting cryptocurrencies to traditional currency. Sentencing is scheduled for August. The jury…
Is the next big cryptocurrency opportunity already within reach? As 2024 progresses, the spotlight turns to the top altcoins expected to see explosive growth. This article delves into the five altcoins that could make you wealthy by the end of 2024. These selected projects offer substantial potential returns, standing out as exceptional market opportunities. Leading…
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that Argentine companies are using cryptocurrency to protect from crippling inflation numbers. Ripio CEO Sebastian Serrano:…
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will…
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support. As the $PENGU token gains traction on the market,…
In a shift within the cryptocurrency exchange landscape, HTX has surpassed Coinbase in spot trading volumes for the first time. This milestone was announced by Justin Sun, the founder of the TRON blockchain and a global advisor for HTX, via a post on the social media platform X on May 27. Sun Declares itโs ‘Just…