Cynthia Lummis leads the new Senate Banking Subcommittee on Digital Assets, focusing on Bitcoin, stablecoins, and market regulation.
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Ethereum ETFs continued their poor performance yesterday pulling in only $70 million and recording only three transactions. Ethereum ETFs have witnessed a streak of low investor activity following issues surrounding the Ethereum Ecosystem. Co-founder Vitalik Buterin revealed plans to revamp the Ethereum inner caucus citing laxity and inefficiency on the part of the team. The…
The Mansion Society, in collaboration with Rogue Bunnies, has officially launched the $BUNNI token on the Base blockchain. Known as BunniMunni, this experiential token bridges the gap between lifestyle benefits and Web3 technology, offering holders access to exclusive events, collectibles, and collaborative opportunities. $BUNNI serves as the cornerstone of The Mansion Society and Rogue Bunnies…
Blackrock’s IBIT recorded the only inflow for the 11 spot Bitcoin ETFs pulling in $344 million. The Inflow from IBIT offset outflows in other Bitcoin ETF funds leaving the ETFs with a net inflow of $248.7 millionn. The Bitcoin ETFs witnessed low investor activity recording transactions in only four of the eleven Bitcoin ETFs. Besides…
Bitget is currently the second-largest crypto exchange in terms of the number of users and trading volume. The Crypto exchange trails Binance and expanded by 400% in 2024 according to the 2024 transparency report by the exchange. Bitget hit 100 million global users in 2024 with trading volumes surging to new heights. The exchange’s daily…
The Financial Supervisory Commission of the Taiwanese Government is set to propose a draft law for VASP (Virtual Assets Service Providers) in June this year. The law will facilitate the permission of banks to issue stablecoins to their clients bridging the gap between traditional finance and Digital assets in the country. Peng Jinlong, Chairman of…
QuickSwap launches its V3 DEX on Soneium Mainnet, enhancing DeFi with low-cost swaps, liquidity provision, and future growth opportunities.
Key Takeaways: WLFI's recent acquisition of $9.84 million in WBTC raised its total assets to $365 million. Over the last three days, WLFI invested $56.82 million in 534.1 WBTC, averaging $106,379 per token, but faced a $1.74 million loss. The firm’s total cryptocurrency investment now amounts to $178.2 million, including assets in Ethereum, WBTC, TRX,…
Key Takeaways: Kraken donated $111,111 in BTC to Ross Ulbricht’s support site after his pardon by President Trump, following 12 years in prison for charges tied to the Silk Road marketplace. Ulbricht’s wallets reportedly still hold $47M in BTC, while freeross.org has received additional donations totaling 2.5 BTC. Following his release, cryptocurrency exchange Kraken donated…
Goldman Sachs CEO David Solomon calls Bitcoin a speculative asset, affirming no threat to the US dollar.