Crypto trading has created nouveau riche millionaires overnight; BTC’s return is up 44.67% year-to-date (YTD), while several cryptocurrencies, such as the $PEPE meme coin, have gained over 560% within the past year. Although impressive, these figures are merely a fraction of the returns traders have generated during crypto market bull
Sony Group, the hundred billion-dollar Japanese tech giant, marks its entry into the crypto exchange sector by acquiring Amber Japan. The crypto trading service operated by Amber Japan, Whale Fin, was rebranded as S.BLOX Co., Ltd. It has plans to expand its crypto-related services in collaboration with Sony. Amber Japan
Mt. Gox, the infamous Bitcoin exchange that lost over 850,000 BTC in a 2014 hack, will start repaying its defunct users. The rehabilitation trustee stated that repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) will commence in July 2024, bringing a sense of closure to investors who have waited over
Bitcoin’s recent consolidation has been both a worrying and strategic period for the whales. There have been significant, huge moments from whales in recent months, with Bitcoin consolidating between $65K and $69K. Alluding to it, on June 12, a Bitcoin whale transferred 8,000 Bitcoin (BTC) from a Coinbase cold storage
According to Ripple CEO Brad Garlinghouse, the US government is “going after” USDT stablecoin issuer Tether, which might have unforeseen consequences for the cryptocurrency market. In the same vein as the collapse of FTX and the following revelation of fraud committed by its leadership, Garlinghouse said on a May 10
The U.S CFTC is expected to propose additional regulatory measures for the predictions market. The goal of these safeguards is to reduce potential dangers and biases in vertically integrated models. Particularly in the crypto industry, models of such systems that allow enterprises to manage several levels of their supply chain
The blockchain firm IO Research, which focuses on artificial intelligence (AI), said on Tuesday that it has secured $30 million in a Series A fundraising round from investors led by Hack VC along with other prominent investors that include Multicoin Capital, Delphi Digital, Solana Labs, Aptos Labs, OKX and more.
Bitcoin (BTC) has surged past $57,000, marking its highest level in more than two years. The largest cryptocurrency has defied expectations of a looming price correction, climbing steadily in 2024. The rally, which saw Bitcoin reach $57,148, displayed a significant 12% increase from its previous trading range. This surge comes
Crypto-related VC funding increased to $1.9 billion in the fourth quarter of 2023, a 2.5% rise from the previous quarter. This is the first time since March 2022 crypto-related VC funding has increased. This increased interest in crypto funding is due to the launch of the first spot Bitcoin ETFs
The Super Bowl, one of the biggest events for marketing events in the US, will have no crypto ads for the second year in a row. Most major crypto companies, including Coinbase, Kraken, and Bitcoin spot ETF providers, have decided to skip the advertising opportunity, citing various reasons. The main
