Day: January 3, 2025

CZ Predicts Crypto Boom in 2025

Former Binance CEO Changpeng ‘CZ’ Zhao has shared an optimistic outlook for the crypto market in 2025, calling it a “send it year.” In a recent X post, CZ expressed excitement about the industry’s future, signaling that soaring asset prices and increased adoption could define the year ahead. The phrase “send it year” resonates with […]

BlackRock Bitcoin ETF Dominates 2024

The rise of exchange-traded funds (ETFs) in 2024 marked a pivotal moment for cryptocurrency investments. Leading the charge was the BlackRock Bitcoin ETF (IBIT), which broke records and established itself as a top-three global ETF. With $1.14 trillion in inflows during its debut year, IBIT showcased the growing institutional appetite for Bitcoin. Eric Balchunas, a […]

BlackRock Bitcoin ETF Sees Record Outflows

On January 2, BlackRock’s iShares Bitcoin Trust (IBIT) experienced record-high outflows, with $333 million withdrawn in a single day, according to data from Farside Investors. This marks the largest outflow ever reported for the spot Bitcoin exchange-traded fund (ETF). Alex Obchakevich, founder of Obchakevich Research, attributed the significant outflows to early-year profit-taking. “At the end […]

Scatter’s COO Haiku Steps Down

On New Year’s Day, Haiku, the pseudonymous COO of Scatter, announced their resignation from the Milady-themed NFT launchpad and marketplace. In a reflective X post, Haiku declared their work at Scatter complete, saying: “My work is done.” Haiku emphasized Scatter’s transformation into a sustainable, artist-first platform as a key achievement. The platform, which supports NFT […]

Do Kwon Pleads Not Guilty in U.S. Court

On January 2, 2025, Do Kwon, co-founder of Terraform Labs, pleaded not guilty to nine charges in a U.S. court related to the catastrophic collapse of the Terra ecosystem. His appearance in the Southern District of New York follows his extradition from Montenegro, where he was arrested in March 2023 for attempting to board a […]

Binance Boosts Meme Coin Trade Offerings

On January 3, Binance announced a significant expansion of its trading offerings for three leading meme coins: Dogecoin (DOGE), Pepe Coin (PEPE), and Shiba Inu (SHIB). This move primarily targets the African market, introducing new trading pairs against several African fiat currencies, including ETB, GHS, KES, RWF, TZS, UGX, XAF, XOF, and ZAR. The initiative, […]