Tag: New York

news-28112024-235357

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...
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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...
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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...
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MetaMask and Venmo Partnership Expands Fiat-to-Crypto Onramp Choices

MetaMask, a popular cryptocurrency wallet, has made it easier for users in the United States to buy crypto by partnering with Venmo, a payment app owned by PayPal. This new feature allows US users...
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Bitcoin Price Plunge: Short-term Investors Suffer Losses Below $93k

Bitcoin investors were hit hard recently as the price of the cryptocurrency plunged below $93,000. Short-term investors who were hoping for quick profits found themselves facing significant losses as the market took a downturn.The...
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Comparing Solana and Ethereum: Key Metrics Analysis 2023-2024

Solana's SOL has made significant progress in narrowing the discount it trades at compared to Ethereum's ether (ETH) over the past two years. Despite starting at a 97% discount in January 2023, the current...
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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...
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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...
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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...
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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...