Robinhood has reportedly reached a deal with the US Marshals Service to buy back shares. As a result, the firm plans to repurchase $605.7 million worth of shares from Sam Bankman-Fried’s (SBF) Emergent Fidelity Technologies. Following the bankruptcy filings of SBF’s FTX and Emergent last year, the equities in issue
The distinctive meme coin, Shiba Inu, known for its consistent updates and developments, marked a significant milestone last month with the launch of its mainnet blockchain, Shibarium. Adding to it , In its special month August, Shiba Inu burned a staggering 5,715,986,938 SHIB tokens. It is currently valued at $45,532.
Bitwise, a prominent provider of cryptocurrency investment solutions, has officially withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy and Exchange-Traded Fund (ETF). The decision has left investors and industry observers puzzled, as it comes one day after Bitwise’s Chief Investment Officer, Matt Hougan, publicly vouched for the
Ethereum (ETH), the second-largest cryptocurrency, has dropped below $1700 again, with a decline of over 3% in the last 24 hours. ETH has been oscillating between $1600 and $1700 for the past few weeks. However, it exceeded $1700 last week. Ethereum has traded around $1600 for the past few weeks.
After Grayscale’s recent success over the SEC, Bloomberg analysts have increased the likelihood of a permitted spot Bitcoin ETF by the end of this year. Due to the unanimous and decisive manner in which the U.S Court of Appeals Circuit reached its verdict in the current case, Bloomberg senior ETF
Shiba Inu’s native token, BONE, has blasted past a major adoption milestone, topping 190,720 holders amid growing excitement for the upcoming Shibarium Layer 2 launch. According to data from IntoTheBlock, the total number of addresses holding BONE has steadily climbed, recently reaching a record high of over 190,720. This 50%
Bitcoin has regained the spotlight following a legal victory by Grayscale this week. And now, $30,000 emerges as the next key milestone, according to on-chain analytics by IntoTheBlock. Approximately 6.2 million Bitcoin addresses acquired coins between the current price and $30k. This represents around 2.6 million BTC worth of ‘underwater’
Launched on August 15th, the new cryptocurrency, CyberConnect, is causing a stir with its remarkable surge. Although all coins received a boost from the Grayscale Bitcoin Trust (GBTC) victory over the SEC, they eventually retracted back into the red zone on the chart. However, CYBER, which surged from $3.5937 to
While August is concluding, the altcoin market has witnessed a remarkable surge in Maker (MKR), the governance token of the decentralized finance (DeFi) giant MakerDAO. Amidst an array of price fluctuations across the global cryptocurrency market, Maker stands out with an impressive 11% gain, reaching a value of $1,155. This
Binance, the world’s largest crypto exchange, has released an announcement stating that users should convert their Binance USD (BUSD) into other cryptocurrencies, including the newly listed stablecoins, before February 2024. This announcement comes after Paxos halted the minting of the new BUSD. As Paxos has halted minting of new BUSD,
