The cryptocurrency market was buzzing with the rapid rise and fall of SatoshiVM (SAVM), an Ethereum-based token, as an anonymous trader turned a $681,000 investment into a significant profit of over $6.77 million within three hours of the token’s launch. Taking advantage of the hype surrounding the new Layer 2

While the ongoing volatile crypto market has decimated portfolios across the board, early backers of meme coin Shiba…

Justice caught up with crypto scam architect Marco Ruiz Ocho on Friday, as he received a five-year prison sentence for his role in orchestrating the IcomTech Ponzi scheme. The ruling marks a significant victory for investors swindled out of millions and serves as a stark warning to bad actors in the burgeoning, and often unregulated,

Bitcoin has taken a big hit over the past seven days following the launch of long-awaited spot Bitcoin ETFs on Wall Street.

The period leading up to the ETF launch was marked by an increase in Bitcoin’s price. And while the launch of the first spot ETFs in the U.S. failed to create the bombastic bull rally many were hoping for; it showed just how significant local markets are in driving global prices. Specifically, Glassnode’s data on
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Inflation has ravaged Argentina. If you’d saved $100,000 USD worth of Argentine pesos in 1995, they would be worth about $310 USD today. In November 2023, the inflation rate was reported to be as high as 185%.  Recently, the country’s struggling population has begun to turn to cryptocurrency as an improved payment method and a
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Fidelity’s spot Bitcoin (BTC) exchange-traded fund (ETF) swiftly secured its position as the second ETF provider to surpass $1 billion in assets under management (AUM) within a week of its launch. Data from Bloomberg shows that Fidelity’s Wise Origin Bitcoin Trust achieved this milestone on its fifth day of trading, recording flows that reached $1.01
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Quick Take Blackrock has increased its Bitcoin holdings in its Exchange-Traded Fund (ETF) as the fund now retains an impressive count of 28,622 Bitcoin, with an addition of approximately 3,555 Bitcoin. The Blackrock iShares Bitcoin ETF not only made headlines as the inaugural fund to surpass the $1 billion threshold but continued its upward trajectory
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The Office of the President of the Republic of Korea urged the financial regulator, the Financial Services Commission (FSC), to reevaluate its stance on spot crypto Exchange Traded Funds (ETFs), local media outlet Maekyung reported on Jan. 19. The President’s office encouraged the financial regulator to adopt a flexible approach to these financial products instead
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While the launch of spot Bitcoin ETFs in the U.S. put Bitcoin under the spotlight, focusing solely on its price movements provides an overly simplified, shallow representation of the market. It’s important to analyze Bitcoin in the context of other assets — both crypto and traditional. Bitcoin’s relationship with Ethereum has always been meaningful. The
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