VanEck Increases Its Bitcoin Investment and Bets on Its Recovery
TL;DR VanEck has increased its investment in Bitcoin (BTC) amid forced sales that have pressured the cryptocurrency’s price down. Sales by governments and asset liquidations...
Cryptocurrencies
Bitcoin Hashrate Soars: Renewed Confidence Among Miners?
TL;DR Bitcoin mining hashrate has shown a significant rebound after a recent drop. The “Hash Ribbons” signal suggests the end of a phase of miner...
Mt. Gox Transfers $75 Million in Bitcoin to Bitstamp, Signaling Potential Payout to Creditors
TL;DR Mt. Gox transferred 1,265 BTC (approximately $75 million) to the Bitstamp exchange. The transfer could signal an upcoming payment to creditors. The exchange also...
Drift Expands Its Offering with Prediction Markets on Solana
TL;DR Drift adds prediction markets to its Solana platform, allowing bets on binary events using various cryptocurrencies. The new BET feature enables users to earn...
Vitalik Buterin Advocates for Controlled Technological Progress with ‘Defensive Accelerationism’
TL;DR Vitalik Buterin registered the ENS domain “dacc.eth” for $500. The concept of “defensive accelerationism” (d/acc) advocates controlled and decentralized technological development. Buterin will present...
Institutional Investors Continue Bitcoin Accumulation Amid Market Volatility
TL;DR Institutional Bitcoin Accumulation: Institutional investors are steadily accumulating Bitcoin through various means, including spot BTC ETFs and direct acquisitions, despite market fears. Stablecoin Supply...
Lumia Sells Over 25,000 HyperNodes and Closes Funding Round
gshinTL;DR Lumia has sold over 25,000 HyperNodes and has closed a funding round led by Laser Digital. With participation from DWF Labs and TRGC. The...
Nasdaq ISE Withdraws Proposals to List Options on Bitcoin and Ethereum
TL;DR Nasdaq ISE, LLC has withdrawn its proposal to list and trade options on Bitcoin and Ethereum products. The Securities and Exchange Commission (SEC) did...
Crypto Trader Turns $650 into $67,300 in Seven Hours with Meme Coin on Tron Network
TL;DR A cryptocurrency trader turned $650 into $67,300 in just seven hours trading on the Tron network. Bought 6.87 million Sundog (SUNDOG) and sold 4.57...
Bitfinex Partners with Komainu to Enhance Institutional Crypto Trading and Custody
TL;DR Bitfinex partners with Komainu Connect to enhance security for institutional cryptocurrency trading. The integration uses Ledger Tradelink™ technology to enable secure off-chain trading. This...