Will Bitcoin Really Hit $1.25 Million by 2030? Find Out!
Launched in 2009, Bitcoin has been more and more called digital gold to highlight its contemporary digital character as a store of value. It operates…
US FTC Slaps Lifetime Ban on Celsius Founder in $10M Settlement
In a settlement with the US Federal Trade Commission (FTC), Celsius founder Alexander Mashinsky agreed to a permanent ban on advertising asset-related products and to pay $10 million as part…
Robinhood Shares Sink After Crypto Trading Revenue Halves in Q1
The shares of Robinhood fell 9.4% in after-hours trading after the company failed to meet analyst projections for Q1 revenue and saw a 50% decrease in cryptocurrency revenue and trading…
Bitmine Crosses 5 Million ETH Mark with $236M Weekly Buy
The ether (ETH) treasury firm Bitmine Immersion Technologies (BMNR), which is headed by Chairman Thomas “Tom” Lee, purchased 101,901 ETH last week, bringing its total holdings of the second-largest cryptocurrency…
Strategy Adds $255M in Bitcoin, Tightens Grip as Top Corporate Holder
Last week, when Bitcoin went over $77,000, Michael Saylor’s Strategy, the biggest public Bitcoin holder in the world, added additional Bitcoin to their holdings. According to a Monday 8-K filing…
NFT Prices Climb as Market Activity Narrows Behind the Scenes
Some may see the non-fungible token (NFT) market as booming if they are just focused on price rises. Overall, however, the evidence reveals a different story. In first place are…
Aave Leads $160M Rescue Effort After DeFi Exploit Shakes Market
The largest decentralized finance (DeFi) exploit of the year reportedly left Aave with a bad debt of $200 million; the platform has raised around $160 million to pay it off,…
Western Union Accelerates Crypto Push with USDPT Stablecoin Launch
Financial services giant Western Union plans to debut its new stablecoin in May as part of its crypto strategy, which also includes its digital asset network and US dollar stable…
Brazil Cracks Down on 27 Prediction Market Platforms
Kalshi and Polymarket are among 27 prediction market platforms that the Brazilian government has taken action to shut down. According to state-owned news source Agência Brasil, the decision was made…
CFTC Battles New York in Court Over Control of Prediction Markets
An already heated dispute about who has the power to regulate prediction market platforms has escalated with the Commodity Futures Trading Commission (CFTC) suing New York in an effort to…
Bitcoin Consolidates Above $77K as as April Rally Flexes Its Muscle
Bitcoin stabilised and stayed above $77,000 on Friday, after a week in which it reached its highest level since early February. Statistics from CoinGlass show that the leading cryptocurrency is…