Ethereum Gearing Up For A Short-Term Surge To $3,100 Amid Growing Institutional Adoption
Ethereum‘s performance in the ongoing bull cycle is being considered sluggish compared to other past bull market cycles, where the second largest crypto asset witnessed significant growth within the timeframe. Nonetheless, ETH appears to be regaining upward momentum, showing the potential for a short-term rebound. An Impending Short-Term Surge For Ethereum Rebound hopes for Ethereum […]
Solana, XRP Lead Crypto Drop With U.S. Closed for Presidents’ Day
Crypto markets fell with XRP and SOL leading declines among major cryptocurrencies.
U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein
These companies grew their share of the Bitcoin network to about 29% in January from around 20% a year ago, the report said.
India’s Directorate of Enforcement Seizes $190M in BitConnect Fraud Case
BitConnect's founder, Satish Kumbhani, is wanted in both India and the U.S.
Best Altcoins to Explode as Metaplanet Buys 269 $BTC
Japanese VC firm Metaplanet added another 269.43 Bitcoin ($BTC) to its portfolio, bringing its total worth to $195.4M at the current price. Metaplanet adopted Michael Saylor’s $BTC-first approach last year and has since become the best-performing company on the Tokyo stock exchange. Its stock price grew 3,926% YTD–for a record, the second top gainer was […]
Next Crypto to 100x as Traders Withdraw $2.45B Ethereum from Exchanges
In the last 11 days, traders have withdrawn over 900K Ethereum (worth over $2.45B). Whales had also bought over 280K Ethereum ($756M) as of yesterday. What this means is less selling pressure and more price stability for the second-strongest cryptocurrency. $ETH is currently $2,700, a 2.4% increase in the last week, and community sentiment is […]
Metaplanet Spends Another $26M Buying Bitcoin, Lifting Holdings Above 2K BTC
The Tokyo-based company said it spent an average of 14.8 million yen per bitcoin.
XRP Is A ‘Centrally Controlled Security,’ Says Silicon Valley Angel Investor
In a striking set of comments posted on X, angel investor Jason McCabe Calacanis—best known for backing over 300 startups including Uber and Robinhood—characterized XRP as “a centrally controlled security,” igniting a swift and pointed response from the cryptocurrency’s community of supporters. Calacanis, who is also the founder and CEO of LAUNCH (encompassing the Launch […]
U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein
The Federal Reserve could issue debt or sell some of its gold reserves to fund purchases of BTC, the report said.
Crypto Riches Under Fire—Pantera Capital Founder Probed Over $850M Gains
Dan Morehead, the founder of Pantera Capital, is the focus of US tax officials. The Senate Finance Committee is probing whether the cryptocurrency pioneer improperly claimed tax exemptions on a staggering $850 million in profits after relocating to Puerto Rico. This investigation shows that the government is paying a lot more attention to the crypto […]