Analyst reports Silk Road founder’s Bitcoin wallets hold $47M, despite DOJ confiscating 174,000 BTC.
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Balaji Srinivasan criticizes memecoins as a “zero-sum lottery,” warning investors to only invest what they can afford to lose following the surge and decline of TRUMP and MELANIA memecoins. Investment Risks Amplified Following Memecoin Surge Former Coinbase CTO Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery” that creates no wealth and leads to…
Ethereum ETFs are quietly reversing an ugly trend of low investor activity on the nine ETFs. Ether ETFs yesterday recorded transactions on six out of the nine available ETFs. The nine ETFs pulled a collective $74.4 million Despite the increased investor activity, the ETF funds pulled in minimal inflow with none of the funds recording…
Blackrock’s IBIT pumped a whopping $661 million into the 11 bitcoin ETFs yesterday taking the net inflow to $802 million. The Bitcoin ETFs have witnessed a serious increase in inflows pulling in over $1 billion on Friday last week. The trading days were disrupted on Monday by the Holidays in the United States. Martin Luther…
BNB Chain introduces a no-code memecoin solution to simplify token creation, offering creators tools to launch and grow web3 projects. BNB Chain Introduces Accessible Platform for Memecoin Projects BNB Chain has introduced its Memecoin Solution, a no-code platform designed to enable individuals and businesses to create, launch, and grow memecoin projects with ease. The initiative…
The SEC has charged Nova Labs with fraud and unregistered crypto offerings, alleging it misled investors about corporate partnerships. Learn more about the high-profile case marking Gary Gensler’s final days as SEC Chair. SEC Files Fraud Charges Against Nova Labs The U.S. Securities and Exchange Commission (SEC) has charged Nova Labs Inc. with fraud and…
Michael Saylor hints at a major bitcoin move as Microstrategy’s holdings surge to $47.2 billion. Learn how the company’s bold strategy outshines alternatives. Microstrategy Prepares for Possible Bitcoin Acquisition Microstrategy (Nasdaq: MSTR) chairman Michael Saylor has teased a significant announcement related to the company’s bitcoin strategy, stating cryptically on Sunday, “Things will be different tomorrow.”…
President Donald Trump announced on Tuesday that he has granted a Presidential Pardon to Ross Ulbricht founder of Silk Road. Silk Road is a Bitcoin-powered dark web marketplace shut down by the FBI in 2013 over accusations of facilitating money laundering, Drug peddling, and all manner of illicit activities. “I just called the mother…
Newly Inaugurated President of the United States, Donald Trump, commented for the first time on the trending $TRUMP memecoin calling it a success. Donald Trump commented on the memecoin launched via his official X page while responding to reporters in the white house yesterday. The $TRUMP memecoin launched on Jan 17 surged for $3 to…
Bank of America CEO Brian Moynihan reveals banks’ readiness for crypto payments, pending regulatory approval.