One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion. Source: https://cointelegraph.com/news/blackrock-income-bond-funds-buy-bitcoin-etf
Month: May 2024
Solana’s Penguiana $PENGU Token Launch On Raydium Surpasses $1M Valuation, Sets Stage For GUIANA NFT Minting
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support. As the $PENGU token gains traction on the market, […] Source: https://news.bitcoin.com/solanas-penguiana-pengu-token-launch-on-raydium-surpasses-1m-valuation-sets-stage-for-guiana-nft-minting/
‘Tickle-to-Earn’ Cat Game Prompts Massive Spike in Aptos Transactions
The blockchain tracks each and every time you tickle the digital cat. Aptos, a layer-1 blockchain network, logged two consecutive days of huge daily transaction tally gains—and it was all thanks to a “tickle-to-earn” cat game. On Friday, Aptos recorded over 90 million transactions, followed by over 115 million transactions on Saturday, according to data from Aptoscan. Here’s some perspective:…
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activity. Conversely, Blackrock’s IBIT saw inflows on most of the ten trading days. Blackrock’s IBIT and Grayscale’s GBTC Neck and Neck in […] Source: https://news.bitcoin.com/blackrocks-ibit-nears-grayscales-gbtc-in-bitcoin-reserves/
Russian Firms Embrace Crypto for China Trade
Russian commodities firms facing challenges in executing financial transactions with Chinese counterparts are turning to stablecoins as a new method for settling deals. At least two major metals producers have begun utilizing Tether Holdings Ltd.’s stablecoin and other cryptocurrencies to settle cross-border transactions with primarily Chinese clients and suppliers. These settlements, in some cases, are routed through Hong Kong. The…
Semler Scientific Surges 25% After $40M Bitcoin Investment
Semler Scientific (NASDAQ:SMLR) witnessed a remarkable 25% increase in its stock price during early U.S. trading hours on Tuesday following its announcement of purchasing 581 bitcoins for its treasury. Before the surge, the company boasted a market capitalization of under $200 million. In its most recent earnings statement, Semler revealed holding cash and cash equivalents amounting to $62.9 million at…
5 things Ethereum ETFs could mean for altcoins
What will Ethereum ETFs mean for your favorite altcoin projects? Some will clearly benefit, but others — like Solana — may lose. Source: https://cointelegraph.com/news/5-things-ethereum-etfs-could-mean-for-altcoins
Judge dismisses Debt Box case, orders SEC to pay $1.8M in fees
The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC to pay attorney and receivership fees. Source: https://cointelegraph.com/news/judge-order-debt-box-sec-fees
He Went Viral for Asking Trump a Question—Did It Save Crypto in the US?
Unexpected moments can have surprising ripple effects. This was vividly illustrated when a pair of NFT builders from DeGods project creator DeLabs—founder Frank (aka Rohun Vora) and Chief of Staff Malcolm—visited Donald Trump’s Mar-a-Lago resort earlier this month for an event for Trump NFT holders, and went viral for asking the former president a crypto-related question. The exchange not only…
Binance France changes ownership following regulator warning
Former CEO Changpeng Zhao cannot be Binance’s beneficiary if it wants to keep its French license. Source: https://cointelegraph.com/news/binance-france-new-shareholders-amf-warning