Wed, October 7

Stablecoin Issuer Tether Mints $2B USDT on Tron and Ethereum

Tether, the largest stablecoin issuer, has minted $2 billion USDT in the last four days. This contributes to a total of $19 billion USDT minted on Ethereum and Tron since November 6. These funds have consistently flowed into various cryptocurrency exchanges, fueling market activity. During the same period, Bitcoin’s price

December 7, 2024 2 mins read

MARA Bitcoin Purchase Includes Another 1,423 BTC Worth $139.5 Million

Soon after Bitcoin fell from its all-time high price range above $100,000, MARA Bitcoin purchase continued. It acquired another 1,423 Bitcoins worth $139.5 million, as per latest data. Being one of the largest Bitcoin holders, MARA’s recent BTC purchase made headlines again.  On-chain data shows that Marathon Digital(@MARAHoldings) acquired another

December 6, 2024 2 mins read

Trump Announces Ex-PayPal COO David Sacks as AI and Crypto Czar

While Bitcoin has decided to tease the community with a price dip to the $97K level, the market seems to be entering a weekend slump. On the regulatory end, according to reliable sources, the SEC has stated that it would be rejecting at least two of the five Solana ETF

December 6, 2024 2 mins read

Are Solana Spot ETFs Doomed Under the Current SEC?

The U.S. Securities and Exchange Commission (SEC) is set to reject applications for at least two Solana (SOL) spot exchange-traded funds (ETFs), according to Fox Business journalist Eleanor Terret. The regulatory body has reportedly notified at least two of the five prospective issuers about its decision, highlighting concerns about Solana’s

December 6, 2024 2 mins read

Is Hawk Tuah Crash a Case of Market Manipulation?

The launch of Hawk Tuah (HAWK), a Solana-based memecoin created by viral influencer Haliey Welch, saw a meteoric rise but suffered a dramatic crash within hours. After debuting with a market capitalisation of nearly $490 million on December 4, HAWK’s value plummeted over 91%, leaving many investors reeling from significant

December 5, 2024 2 mins read

UK’s NCA Uncovers Billion Dollar Money Laundering of Crypto and Cash

As per the latest report published by the NCA, multi-billion dollar money laundering networks were uncovered and 84 individuals were arrested as part of their operation. As per the blockchain analysis firm Chainalysis report, the NCA seized over 20 million Euros in cash and cryptocurrency as a result of its

December 5, 2024 2 mins read

ASIC Proposes Strict Licensing Rules for Crypto Firms in Australia

According to the proposed guidelines put forth by the Australian corporate regulator, crypto exchanges and businesses dealing with digital assets would no longer be able to escape expensive licensing. In a consultation document on new crypto guidelines issued on December 4th, the Australian Securities and Investment Commission (ASIC) classified several

December 4, 2024 1 min read

Pump.fun Transfers 200K SOL to Kraken Amid Record Revenue

Pump.fun’s Fee Account transferred 100,000 SOL tokens, valued at approximately $23.66 million, to Kraken Deposit at 18:59 (UTC+8). This is the second significant transfer by the account in one day, bringing the total SOL transferred to Kraken within the past 24 hours to 200,000 SOL, worth around $47.17 million. This

December 4, 2024 1 min read

Bitcoin Jesus Roger Ver Fights US Tax Evasion Indictment

Roger Ver, known as “Bitcoin Jesus,” is challenging a U.S. tax evasion indictment. The U.S. Attorney for the Central District of California has accused Ver of dodging over $48 million in taxes. The charges stem from his 2017 sale of $240 million worth of Bitcoin. In response, Ver’s legal team

December 4, 2024 2 mins read

Saxo Predicts Crypto Market Could Quadruple to $10T in 2025

Saxo investment firm released a predictions report, estimating the crypto market could quadruple in 2025, reaching a $10 trillion market cap amidst bullish market sentiment. Head of DWF Labs Andrei Grachev posted on X, highlighting the Saxo crypto prediction today. Based on the post, the crypto market could make a

December 4, 2024 3 mins read