Key Takeaways Millennium Management disclosed $2.6 billion in Bitcoin ETFs and $182.1 million in Ethereum ETFs holdings. Institutional crypto investment is on the rise, with entities like Abu Dhabi’s sovereign fund and Goldman Sachs increasing their Bitcoin ETF holdings. Share this article Millennium Management disclosed holdings of $2.6 billion in Bitcoin ETFs and $182.1 million
Global fintech platform Revolut and payment infrastructure provider Mercuryo announced their partnership on February 11, 2025. The companies have come together to launch Revolut Pay. Petr Kozyakov, co-founder and CEO at Mercuryo, says Revolut operates in over 160 countries and regularly processes many fiat transactions worth millions in fiat. This makes them an excellent gateway
[PRESS RELEASE – Read Disclaimer] WhiteBIT cryptocurrency exchange announced today that it has successfully secured over $150 million in at-risk cryptocurrency funds in 2024, further solidifying WhiteBIT’s role as a key partner in the fight against digital crime. The secured funds include assets recovered from third-party hacks and those protected from account breaches and scams.
Bitcoin price continued its consolidation as the fear and greed index remained at the neutral point and the Z score of the market value and realized value fell to a three-month low. Bitcoin (BTC), the largest cryptocurrency by volume, remains in a tight range. At last check Saturday, the price hovered $97,600 — up 1.2%.
Key Takeaways Tether is actively engaging with US lawmakers regarding new stablecoin regulations. Proposed regulations will require Tether to have monthly audits and maintain one-to-one reserves. Share this article Tether is working closely with US lawmakers to help shape upcoming stablecoin regulations, according to FOX Business journalist Eleanor Terret. Tether CEO Paolo Ardoino confirmed the
Latest in crypto Africa from across the Africa crypto industry, the CAR crypto meme coin is now a scandal. Nigeria has an epidemic of crypto scams, and DCI was hacked in a Kenya crypto scam. Crypto is indeed a hotbed of innovation, but being a community-led industry, controversy is inevitable. The launch of MELANIA and
Solana is defying the market downturn, generating significantly more revenue than Ethereum. Data collected by blockchain researcher Aylo shows Solana-based apps pulled in ten times more revenue than their Ethereum-based counterparts. Speculation as an Economic Backbone Aylo’s figures revealed Solana’s stronghold is on-chain activity. In the last 24 hours, apps on the network generated $8.4
The Solana-based LIBRA token, initially promoted by Argentinian President Javier Milei, collapsed within hours of its launch. The collapse wiped out $4.4 billion in market capitalization and affected the overall meme coin market. The incident began with Milei’s social media post at 5:01 PM ET, promoting a token purportedly aimed at “boosting the Argentine economy
Key Takeaways The LIBRA token crashed 85% as developers liquidated $87million in USDC and SOL. 82% of the token’s supply is concentrated, leading to centralization concerns. Share this article The LIBRA token, promoted by Argentine President Javier Milei on his official X account, crashed 85% after its development team removed $87 million in USDC and
South Korea crypto rules could change as the government plans to lift the corporate crypto trading ban, paving the way for Korean crypto capital. South Korea has undertaken a major policy shift. On February 13, 2025, the country announced that it is lifting its long-standing crypto trading ban. This decision has now made it possible for institutions,