SharpLink Gaming has acquired 176,000 Ethereum tokens at an average price of $2,600 per coin, totaling $462 million. This positions the company as the largest public holder of Ethereum globally. The acquisition triggered significant market volatility when a subsequent SEC… Read More »SharpLink Gaming Becomes Largest Public Ethereum Holder After $462M Acquisition
Gotbit CEO Aleksei Andriunin has received an 8-month prison sentence followed by one year of supervised release after pleading guilty to orchestrating crypto market manipulation activities. Andriunin and his team utilized sophisticated coding techniques between 2018 and 2024 to artificially… Read More »Gotbit CEO Sentenced to Prison for Crypto Market Manipulation Scheme
Bitcoin plunged nearly 5% to $102,822 following escalating geopolitical tensions between Israel and Iran, triggering over $427 million in long position liquidations across cryptocurrency markets. The sharp decline coincided with traditional safe haven assets surging, including gold and crude oil,… Read More »Bitcoin Tumbles on Middle East Tensions Amid Debate Over Safe Haven Potential
A wave of over 30 altcoin exchange-traded fund (ETF) applications targeting assets including XRP, BNB, and memecoins has swept the US financial market, signaling heightened institutional interest and regulatory optimism beyond Bitcoin and Ether products. This unprecedented filing volume reflects… Read More »US Altcoin ETF Surge Signals Institutional Shift as Regulatory Optimism Grows
Asset management giants Invesco and Galaxy Digital have formally filed for a Solana exchange-traded fund (ETF), aiming to provide investors with regulated exposure to the SOL token. The proposed ‘Invesco Galaxy Solana ETF’ was registered as a domestic statutory trust… Read More »Invesco and Galaxy Digital File for Solana ETF Seeking Regulated Investor Exposure
Asset management firm Invesco and cryptocurrency specialist Galaxy Digital have formally registered the Invesco Galaxy Solana Trust as a Delaware statutory trust, marking a pivotal step toward launching a spot Solana exchange-traded fund (ETF) in the United States. This foundational… Read More »Invesco and Galaxy Digital Register Solana Trust, Advancing Potential Spot ETF Launch
Bitcoin is positioned for significant growth driven by accelerating institutional investment and favorable macroeconomic conditions, though its status as a safe-haven asset faces scrutiny during geopolitical instability. Prominent Bitcoin advocate Max Keiser forecasts a substantial price surge as fiat currencies… Read More »Bitcoin Poised for Growth Amid Institutional Adoption and Macro Shifts, Despite Safe-Haven Challenges
Recent Israeli airstrikes on Iranian nuclear facilities exposed divergent market behaviors between Bitcoin and traditional safe havens, reinforcing Bitcoin’s risk-asset classification. While gold prices surged over 2% to $3,427.90 per ounce amid geopolitical instability, Bitcoin fell 3.6% to $103,900. Analysts… Read More »Bitcoin Fails Safe-Haven Test During Middle East Conflict as Gold Surges
Prominent cryptocurrency figure Anthony Pompliano has partnered with investment firm ProCapBTC to lead a significant Bitcoin acquisition initiative. The plan involves raising $750 million through a Special Purpose Acquisition Company (SPAC) merger with Columbus Circle Capital 1. The funding comprises… Read More »Pompliano to Guide ProCapBTC’s $750M Bitcoin Acquisition via SPAC Deal Signaling Institutional Shift
Industry experts assert Ethereum (ETH) is fundamentally undervalued despite its critical infrastructure role in the digital economy, with institutional projections estimating its price could reach $740,000 per token based on expanding utility and economic impact. Traditional valuation models reportedly fail… Read More »Analysts Declare Ethereum Severely Undervalued, Project $740K Price Target
Over $3.5 billion in cryptocurrency options contracts expired recently, intensifying market activity against a backdrop of geopolitical uncertainty. The expiry included 28,000 Bitcoin (BTC) options valued at $2.93 billion and 244,000 Ethereum (ETH) options worth $620 million. Market dynamics revealed… Read More »$3.5B Bitcoin and Ethereum Options Expire Amid Diverging Market Signals
SharpLink Gaming has solidified its position in the cryptocurrency market by acquiring 176,271 Ether (ETH), valued at approximately $463 million. This acquisition establishes the company as the largest publicly traded holder of ETH globally. The company has actively deployed over… Read More »SharpLink Gaming Becomes Largest Publicly Traded ETH Holder with $463 Million Acquisition
Asset management giants Invesco and Galaxy Digital have formally registered a spot Solana exchange-traded fund (ETF) with the Delaware Division of Corporations. This move marks a pivotal advancement in cryptocurrency investment vehicles beyond Bitcoin and Ethereum products. The proposed Invesco… Read More »Invesco and Galaxy File for Solana ETF in Delaware, Expanding Crypto Investment Landscape
Coinbase has introduced the Coinbase One Card, offering up to 4% Bitcoin cashback exclusively for Coinbase One members. The card utilizes the American Express Network to enable seamless transactions, integrating cryptocurrency rewards into daily consumer spending. This initiative aims to… Read More »Coinbase Launches One Card with 4% Bitcoin Cashback to Drive Crypto Adoption
Former U.S. President Donald Trump has disclosed that the United States possessed comprehensive awareness of Israel’s planned military operation against Iran, extending beyond mere advance notice. During recent remarks, Trump emphasized his administration’s strategic coordination with Israeli Prime Minister Benjamin… Read More »Trump Discloses Prior Knowledge of Israel-Iran Military Plans, Predicts Positive Market Impact Including Bitcoin
SharpLink Gaming’s stock experienced a dramatic after-hours plunge exceeding 70% following investor confusion over an SEC filing related to the company’s $425 million private investment in public equity (PIPE) offering. The filing, an S-3 registration statement, was misinterpreted by the… Read More »SharpLink Stock Plummets 70% on Misinterpreted SEC Filing, Ethereum’s Lubin Clarifies
Attorney James A. Murphy has filed a lawsuit against the Department of Homeland Security (DHS) and Immigration and Customs Enforcement (ICE), demanding records of an alleged 2019 meeting between U.S. government representatives and Bitcoin creator Satoshi Nakamoto. The Freedom of… Read More »Lawsuit Alleges U.S. Government Met Bitcoin Creator Satoshi Nakamoto in 2019
Cardano founder Charles Hoskinson has proposed reallocating $100 million worth of ADA from the blockchain’s treasury into Bitcoin and stablecoins. The strategy seeks to enhance Cardano’s decentralized finance ecosystem by increasing accessible capital. The initiative targets a stronger on-chain stablecoin… Read More »Cardano Founder Proposes $100M Treasury Reallocation to Boost DeFi With Bitcoin, Stablecoins
U.S. equity markets experienced a negative start to the trading session as the benchmark S&P 500 index declined 0.8% at the opening bell. The Nasdaq Composite index also registered early losses, falling 1% as technology stocks faced significant selling pressure.… Read More »U.S. Stock Markets Open Lower with S&P 500 Down 0.8%, Nasdaq Falls 1%
Cryptocurrency markets experienced significant volatility as Bitcoin and Ethereum prices dropped sharply following escalating Middle East tensions and a major options expiry event. Bitcoin fell 5% to dip below $103,000, while Ethereum plunged 11% to $2,450. The downturn coincided with… Read More »Bitcoin and Ethereum Plunge Amid Geopolitical Tensions and Options Expiry