BlackRock doubles down on IBIT exposure through its Global Allocation Fund

BlackRock reported holding 430,770 shares of its spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT through its Global Allocation Fund. According to a filing with the US Securities and Exchange Commission (SEC), the shares amount to over $17 million as of Oct. 31. As highlighted by X user identified as MacroScope, the amount of shares reported …

Bitcoin whales quietly amass BTC using privacy transactions, fueling speculation

Bitcoin (BTC) whales have been accumulating BTC through privacy transactions for more than two years, according to CryptoQuant CEO and co-founder Ki Young Ju. Ki assessed the average number of transactions passing through CoinJoin, an anonymization service, and discovered that the number had tripled this cycle. Although some may tie this to hackers laundering stolen …

KULR latest to add Bitcoin to corporate treasury with $21 million acquisition

Energy company KULR Technology Group unveiled the start of its Bitcoin (BTC) treasury on Dec. 4 by acquiring 217.18 BTC for approximately $21 million, at an average purchase price of $96,556.53 per Bitcoin. As of 2023, KURL registered nearly $11 million in total assets, which makes its Bitcoin treasury roughly twice the number reported last …

Report: Binance Thwarted Scams to the Tune of $129M in 2024

The report was published by the exchange to highlight its Anti-Scam Refund Initiative. Binance Users Could Have Lost Millions in Scams Binance, the world’s largest cryptocurrency exchange, published a report on Monday showing that it foiled malicious scams on its platform that could have cost its users as much as $129 million. The company, whose …

South Korea Sees Crypto Boom: 30% of Population Now Owns Digital Assets

South Korea has seen a significant surge in cryptocurrency adoption, with the number of users jumping by 610,000 in November to reach 15.59 million. Trump Victory Sparks Renewed Interest in Crypto The number of cryptocurrency users in South Korea jumped by 610,000 in November, reaching 15.59 million by month’s end, according to data from the …

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

The Head of Research at Intotheblock.com revealed that on Christmas Day, someone stashed 125,000 ETH into the decentralized finance (defi) platform Aave. The platform has been buzzing with activity throughout the last quarter of the year. $417 Million in Ether Stashed in Aave on Christmas On Dec. 25, amidst the holiday festivities, someone using an …

Join HTX’s Festive Season Party: Enjoy Superior Crypto Trading and Open the Door to Wealth

PRESS RELEASE. As the year draws to a close, the festive spirit of Christmas and New Year fills the air. HTX, a leading global digital assets trading platform, is kicking off its Festive Season Party, inviting both new and existing users to participate in exciting events with amazing rewards. The HTX team has carefully designed …

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

On Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental activists, who believe this will negatively affect the country. With New Mining Law, El Salvador Stakes Claim …

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Cryptocurrency exchange Bitget has announced plans to consolidate its two native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB), into a single utility token, BGB. The transition, effective Dec. 27, aims to create a unified onchain and off-chain ecosystem. Bitget Merges Tokens BGB and BWB Bitget, ranked among the top three globally in trading …

MEXC Research: Top 10 Futures Tokens of 2024

The crypto derivatives market has grown rapidly, with more traders seeking advanced tools to manage risk and amplify returns. The leading global exchange, MEXC has expanded its future contract offerings to meet this demand. This report highlights the top 10 most traded future contract assets on MEXC in 2024. By analyzing these popular assets, we …

Memecoins Capture Majority of Crypto Investor Interest in 2024: CoinGecko

Crypto investors were heavily drawn to meme assets in 2024, according to a new study. In a research paper, CoinGecko says that the majority of crypto interest in 2024 hit the memecoin sector, which saw an expansion from dog-themed tokens to other animal and personality-themed digital assets. “The most popular crypto narrative in 2024 was …

Bitcoin Cycle Top ‘Still Seems Far Off,’ According to CryptoQuant CEO – Here’s His Outlook

The chief executive of market intelligence platform CryptoQuant says that Bitcoin (BTC) still has a ways to go before reaching its cycle top. In a new thread on the social media platform X, CryptoQuant CEO Ki Young Ju says that those predicting an upcoming bear market for the crypto king are likely ignoring on-chain data …

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