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Bitwise Solana Staking ETF (BSOL) saw the first instance of a capital withdrawal since its debut. This is a notable shift in sentiment among institutional investors in a generally uncertain cryptocurrency market environment. The information released by Farside Investors data indicates that on December 16, BSOL experienced outflows of $4.6
On Monday, there was a liquidation event in digital asset markets, which wiped out more than $584 million leveraged positions across major cryptocurrency exchanges around the globe. The abrupt unraveling surprised almost 182,000 traders, and the bullish bets suffered the brunt of losses in the thin trading market. Bitcoin collapsed
Cybersecurity analysts are raising the alarm about a complex scam against cryptocurrency users by using fraudulent Zoom video calls organized by North Korean hackers. According to Security Alliance, a nonprofit cybersecurity organization, such attacks are currently happening several times a day, and victims lose access to their digital property and
Strategy Executive Chairman Michael Saylor has also alluded to another big Bitcoin acquisition as the cryptocurrency is under fresh selling pressure. Bitcoin fell to $87,600 on Sunday, the lowest point in two weeks since early December. Since then, the digital asset has been reclaiming more than $89,000, yet market volatility
Itaú Unibanco’s investment division has released a guidance that implies investors should allocate a small part of their holdings to digital currency in 2026. The advice indicates a range from 1% to 3% of the portfolio even if the market has been volatile lately. Thus, it is a big move
The issuer of cryptocurrency stablecoins, Tether, has made a comprehensive offer to purchase Italian football giant Juventus FC in a transaction worth about 1.1 billion. The offer is ambitious and aims to acquire the majority stake of the Agnelli family by their holding company, Exor, which has owned it for
YouTube has made a major move in the direction of cryptocurrency acceptance, by permitting U.S. creators to get paid via PayPal’s PYUSD stablecoin. This coupling is a big change for the service, which was upbraided for capping crypto content by shadowbanning, although it has not commented on this alleged practice
Do Kwon, co-founder of Terraform Labs, was sentenced to 15 years in federal prison after he pleaded guilty to wire fraud and conspiracy charges. The decision of Thursday, Judge Paul Engelmayer, directly relates to Kwon’s criminal activities that caused the 2022 crypto crash that resulted in a loss of almost
Today, Gelephu Mindfulness City (GMC) announced the introduction of TER, a digital token backed by physical gold that was issued with the Kingdom of Bhutan’s sovereign backing. The name “TER,” which comes from the Dzongkha word for “Treasure,” symbolizes Bhutan’s longstanding tradition of safeguarding and conserving valuables. The launch represents the most recent
Strategy CEO Phong Le disagreed with MSCI’s idea of removing companies that have a large amount of crypto on their financials from their index, saying that the move was unfair and that it did not match the way traditional industries were treated. Le argues that the move by the index
