Analysts have raised their expectations for a spot Bitcoin ETF. A spot ETF would improve crypto sentiment, which could benefit Shiba Memu. Investments in Shiba Memu could potentially increase tenfold in 2023. Analysts are increasingly focused on the potential approval of a spot Bitcoin ETF. They believe that the recent court victory for Grayscale against … Read more
The recent market turmoil that pushed Bitcoin (BTC) below $60,000 has hit Cardano’s native token even harder. ADA briefly fell under $0.15 and is currently trading around $0.16, reflecting roughly a 40% decline over the past month. Concerns intensified after Cardano founder Charles Hoskinson announced he was “taking a break” and warned of a potential … Read more
Robinhood Markets has completed its $180 million acquisition of WonderFi, a Toronto-based provider of digital asset products and services. The transaction marks Robinhood’s formal entry into the Canadian market through the purchase of an established operator of regulated cryptocurrency exchanges. As part of the acquisition, WonderFi’s two regulated trading platforms, Bitbuy and Coinsquare, will transition … Read more
Most meme coins have posted double-digit gains over the past week. As investor appetite for meme coins grows, CartelFi is attracting attention for its novel approach. CartelFi’s presale has already surpassed $1.17 million, highlighting rising investor interest in its unique yield-generation model. CartelFi targets a persistent inefficiency in the crypto ecosystem: large amounts of meme-coin … Read more
The BitMEX co-founder announced on X that he had sold his entire HYPE and NEAR positions and will publish an essay explaining his decision, titled “Reality Test.” He cited several reasons for taking a more cautious stance. These included higher energy prices driven by the war in Iran, companies rebuilding inventories, multiple major AI IPOs … Read more
After waiting for a turning point for some time, events finally unfolded: earlier this week, Russia launched a major invasion of neighboring Ukraine following months of rising tensions. Crypto markets reacted sharply, pushing Bitcoin (BTC) prices lower as investors anticipated strong sanctions from the West. Experts warn that Russia may increasingly rely on cryptocurrencies to … Read more
Many well-known altcoins, including Ethereum (ETH), Ripple (XRP), and Solana (SOL), fell between 5% and 8% over the past day, reflecting the broader market’s bearish trend. However, four lesser-known tokens suffered far steeper losses, and the main catalyst for that decline was action taken by Binance. What Happened? Binance, the world’s largest cryptocurrency exchange, performed … Read more
The price of Waves has performed exceptionally well in recent weeks as investors have celebrated the expansion of its ecosystem. The token reached a peak of $33, the highest level since October of last year. This marks an increase of more than 330% from its February low, pushing its total market capitalization above $3.3 billion. … Read more
US prosecutors have charged Google software engineer Michele Spagnuolo, known online as “AlphaRaccoon,” with allegedly using confidential internal Google search data to profit about $1.2 million by placing bets on prediction market platform Polymarket. According to a criminal complaint unsealed in the Southern District of New York, Spagnuolo is accused of accessing nonpublic “Year in … Read more
OTC crypto trading desk Genesis Block ran a full-page advertisement on the front page of the Apple Daily Readers of the Hong Kong newspaper Apple Daily discovered a full-page advertisement promoting cryptocurrencies on August 24. The ad, which covered nearly 90 percent of the paper’s front page, was paid for by Genesis Block, an over-the-counter … Read more