Solana co-founder Gokal expressed his support for meme coins in a post on platform X, addressing concerns about their applications and refuting common misconceptions. He criticized Ethereum co-founder Buterin while backing meme currency projects. His comments fueled the excitement surrounding meme coins and hinted at the challenges for those unwilling to adapt in the fast-paced … Read more
Bitcoin Runes have caused a sensation in the market since the halving. Demand for this new token standard has been unexpectedly high, driving Bitcoin’s network fees up to millions of dollars in the first post-halving block. Exchanges like OKX and Gate.io have already listed Bitcoin Runes, with other major exchanges likely to follow suit in … Read more
Nate Geraci, president of The ETF Store, notes that Bitcoin ETF performance closely mirrors Bitcoin’s price movements. With a recent shift in Bitcoin trading, this relationship is more evident than ever. In other words, any change in Bitcoin prices will directly impact the inflows or outflows of these funds (ETFs). Nate Geraci, president of The … Read more
As a crypto investor, I’m feeling anxious along with my fellow market participants as we wait for the Federal Open Market Committee (FOMC) to make their interest-rate decision in May. The economic indicators, such as U.S. GDP and Personal Consumption Expenditures (PCE) inflation data, have raised concerns that the Fed might take a more hawkish … Read more
Franklin Templeton’s Ethereum ETF Listing on DTCC: A Potential Signal for SEC Approval? The appearance of Franklin Templeton’s Ethereum Spot ETF ticker on the DTCC list may indicate a potential sign that the SEC is considering approval for Ethereum-based exchange-traded funds (ETFs) in the United States. Franklin Templeton’s Spot Ethereum ETF Gets Listed By DTCC … Read more
Polygon (MATIC) is making waves with its Q2 2024 strategy, partnering with Robinhood Wallet for cross-chain swaps. This integration, using Polygon’s proof-of-stake network, enables seamless token swaps across different blockchains. With Robinhood’s 23 million users now able to access this feature, Polygon’s influence in blockchain tech is growing, despite early Q2 underperformance. Robinhood has been … Read more
Shiba Inu’s Shibarium Hard Fork Date Announced: Here’s What to Expect Recently on X, now known as Twitter, Shiba Inu‘s marketing head, Lucie, announced a blog post revealing the scheduled launch date for Shibarium’s network hard fork. Based on Lucie’s update, this new version will bring innovative and enhanced features to both community members and … Read more
Cathie Wood’s Ark Invest made significant purchases of Meta (META) and Palantir (PLTR) stocks on Friday. Meta was an ongoing buy despite a minor bounce-back and ending the day with a 0.43% increase. Ark added $5.98 million worth of Meta shares in two sessions, having also bought shares after its Q1 financial results were revealed. … Read more
In January 2024, Taipei City Police arrested 15 people, including David Pan, the founder of JackIssue, in connection to a fraudulent scheme involving Ace Exchange. The indictments allege that over 1,200 investors were misled and lost nearly 800 million New Taiwan dollars ($24.56 million), far exceeding initial estimates. In Taiwan, the Taipei District Prosecutors’ Office … Read more
Regulatory concerns have led zkSNACKs to restrict access to its platforms for US customers, specifically preventing them from downloading and using Wasabi Wallet and related services. The company introduced an IP address firewall to achieve this. The policy change is believed to be connected to the arrest of two Samourai Wallet founders, Keonne Rodriguez and … Read more