Tag: Business
Ethereum Co-Founder Transfers $72 Million in ETH to Kraken Exchange
Ethereum co-founder, Jeffrey Wilcke, recently transferred a significant amount of ETH to the Kraken exchange. The transfer amounted to 20,000 ETH, which is worth over $72 million. This is the fourth time Wilcke has...
CFTC Leading Digital Asset Regulation in Trump Administration
The Trump administration is looking to shift digital asset regulation from the SEC to the CFTC, as reported by Fox Business. This move would give the CFTC oversight of spot markets for digital commodities...
Metaplanet’s $62M Bitcoin Expansion Strategy: Following in MicroStrategy’s Footsteps
Metaplanet, a Tokyo-listed investment firm, is planning to raise 9.5 billion yen, which is around $62 million, to strengthen its Bitcoin portfolio. The company revealed that the funds will be raised through its 12th...
Bitcoin Price Prediction Post-Election: $140K Break or Reversal?
Bitcoin has been on a wild ride since the recent U.S. presidential elections, surging past previous highs to reach $73,000 in March. The big question now is whether this upward trend will continue or...
IREN Stock Price Surges Due to Hyperscaler Interest and Potential Bitcoin Dividend
IREN's stock price experienced a significant surge of 30% following discussions about the company's fiscal first-quarter earnings on a conference call. This increase was primarily driven by the revelation that IREN had garnered interest...
Stablecoin Market Cap Reaches All-Time High in Over 2 Years
The stablecoin market cap has reached an all-time high, surpassing the previous record set over two years ago. Tether's USDT remains the dominant force in the market, controlling over 50% of the market share...
Retail’s Losses Exposed in MicroStrategy Trade Scandal.
MicroStrategy, a Bitcoin development company, has seen a significant drop in its stock price, down almost 40% from its all-time high of $540 a share. This decline comes after a short report from Citron...
Achieving Homeownership Dreams: How Crypto Windfalls Are Helping Low-Income Americans
Low-income Americans are turning their crypto windfalls into opportunities for homeownership, according to a recent report from the Office of Financial Research. The report shows that in areas where a high percentage of households...
Ethereum DeFi Hits 2-Year High with $80B TVL, Surpasses USDT
Ethereum's decentralized finance (DeFi) ecosystem has reached a significant milestone, with its total value locked (TVL) hitting an impressive $80 billion. This marks a two-year high for Ethereum, showcasing its dominance in the DeFi...
Starknet Launches Ethereum Layer-2 Staking with Bitwise as Validator
Starknet, a prominent player in the Ethereum ecosystem, has made a significant move by launching its staking program for STRK tokens. This marks the first time an Ethereum layer-2 network is allowing staking for...
