Parody X account Richard E. Ptardio was given memecoins using his likeness which he later donated to charity after his holdings reached a peak of $1 million.
Yearly archives: 2024
World’s Largest Crypto Exchange Rolls Out ‘Binance Alpha’ Feature to Spot Early-Stage Projects With Potential
Binance, the largest crypto exchange in the world by volume, is launching a new wallet feature aimed at shining a spotlight on nascent crypto projects. According to a new Binance announcement, Binance Alpha is “a new platform within the Binance Wallet that shines a spotlight on early-stage crypto projects with the potential to grow within …
BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals
BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in over 10 years, following the $418.8 million in net flows registered on Dec. 16. Nate Geraci, CEO of The ETF Store, highlighted that IBIT had beaten approximately 2,850 ETFs. He added: “In other words, IBIT has more lifetime inflows than …
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Ohio lawmaker introduces Bitcoin reserve bill allowing state to buy BTC
Ohio has become the third US state behind Texas and Pennsylvania to see bills introduced to establish Bitcoin reserves as part of the state’s treasury.
Coinbase fights back against BiT Global’s effort to block WBTC delisting
Coinbase pushed back against BiT Global’s legal attempt to halt its planned delisting of wrapped Bitcoin (WBTC), arguing that the lawsuit lacks merit and the firm’s request for a temporary restraining order (TRO) should be denied. According to court filings, Coinbase decided to delist WBTC due to concerns about risks stemming from its association with …
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Satoshi Action Fund reveals potential executive order draft to establish US Bitcoin Strategic Reserve
Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF). The order allows for an initial allocation of up to 2% of the ESF’s total portfolio value over an 18-month pilot …
Bloomberg analysts expects ‘wave of crypto ETFs’ next year but some hurdles remain
A “new wave” of crypto exchange-traded funds (ETFs) is expected in 2025 as the regulatory landscape improves under the incoming Trump administration, according to Bloomberg Intelligence analysts. Bitcoin-Ethereum (ETH) combination products will likely lead the charge, followed by Litecoin (LTC) and Hedera Hashgraph (HBAR). However, legal and regulatory hurdles are expected to delay ETFs tied to …
Bitwise predicts Ethereum revival in 2025 driven by institutional interest, RWA growth
Ethereum (ETH) is poised for a resurgence in 2025 as it rides a wave of emerging trends to capitalize on a $100 trillion opportunity in tokenizing real-world assets (RWAs), according to a letter shared with investors by Bitwise’s senior investment strategist, Juan Leon. The document highlighted that the crypto market was marked by two narratives this …
Hawk Tuah Meme Coin Scandal Deepens as Finger-Pointing Ensues
The entity claiming to have built the “airdrop tech” for the HAWK meme coin now blames Haliey Welch for the token’s implosion. Hawk Meme Coin Business Partner Turns on Haliey Welch Overhere, the company claiming to have launched the HAWK meme coin – named after Internet sensation Haliey Welch, also known as Hawk Tuah Girl …
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Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover
The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals …
New Solaxy Token Presale Hits $650,000 as Whales Join in – Best Crypto To Buy Now?
This year has been excellent for Solana, which saw its token reach a new ATH at $263.83 on November 23rd and the release of pump.fun, a meme coin launchpad that already recorded more than $300 million in revenue. However, its main blockchain still leverages Layer 1 technology, which can cause issues for meme coin traders …
8 Out of 10: Coingecko Research Report Uncovers Crypto’s Festive ‘Santa Claus Rally’ Trends
Crypto markets have danced to the tune of the Santa Claus rally effect eight times in the last ten years, according to an interesting report from Coingecko, penned by analyst Lim Yu Qian. Holiday Cheer or Crypto Chill? Coingecko Breaks Down the Santa Rally Effect The Santa Claus rally is all about the market’s cheer …
Bitcoin on the Brink: Taproot Wizard Calls for Action, Taaki Demands Core Disbandment
Lately, there’s been a whirlwind of chat about Bitcoin’s consensus tweaks, Core developers, and the Lightning Network. This week, Taproot Wizard Eric Wall made a bold claim: BTC has one last shot to beef up its features beyond just being digital gold, or it might fade into obscurity as a peer-to-peer currency. Taproot Wizard Says …
Zachxbt Ties $12.38 Million Crypto Drain to Lastpass Breach; 100 Victimized Wallets
A blockchain detective has dropped a bombshell update: hackers linked to the infamous 2022 Lastpass breach have drained a staggering $12.38 million in cryptocurrency from over 100 victimized wallets, marking a significant escalation in this ongoing security saga. Blockchain Sleuth Uncovers Millions in Crypto Stolen Post-Lastpass Hack According to blockchain investigator Zachxbt, the total theft …
Bitcoin ETFs flip gold funds in AUM: K33 Research
On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.