Author: Anshul

Crypto Fund Assets Hit $138 Billion Amid Investment Surge

A report from European asset manager CoinShares released Monday highlights the extraordinary growth of crypto investment vehicles worldwide. Funds offering exposure to digital coins like Bitcoin, Ethereum, and Solana have seen a surge in investor interest, culminating in an all-time high for assets under management (AUM). Spot Bitcoin ETFs Drive the Boom CoinShares attributes the […]

MicroStrategy Adds $4.6B in Bitcoin, Total Holdings Hit 331,200

MicroStrategy disclosed Monday that it purchased an additional 51,780 Bitcoin for $4.6 billion at an average price of $88,627 per BTC, according to an SEC filing. Executive Chairman Michael Saylor celebrated the purchase on Twitter, noting that the company’s total holdings, acquired for $16.5 billion, are now valued at nearly $29.65 billion amid Bitcoin’s price […]

RBA Governor Critiques Crypto Amid Bitcoin’s Global Surge

Reserve Bank of Australia (RBA) Governor Michele Bullock has voiced her skepticism toward cryptocurrencies, stating that Bitcoin and similar assets lack a role in Australia’s economy or payments system. Speaking at the Australian Securities and Investments Commission (ASIC) annual forum on Thursday, Bullock remarked, “Don’t call it an alternative currency. It’s not a currency, it’s […]

Whale Moves $179M in Bitcoin After 14 Years

A Bitcoin whale recently moved 2,000 BTC, worth $179 million, marking a 14-year hold and a stunning 150,000,000% gain. In a striking example of Bitcoin’s value as a store-of-value asset, blockchain data revealed that the whale—an investor holding a massive stash of Bitcoin—transferred their coins to Coinbase late Thursday. The stash, originally worth $120 in […]

Ripple CEO Meets Trump: What It Means for XRP

Ripple’s CEO, Brad Garlinghouse, reportedly met with President-elect Donald Trump, sparking speculation about the future of XRP and crypto regulation. A post by Good Morning Crypto on X revealed that Garlinghouse confirmed the meeting during a recent media interview. While details about the timing, location, and agenda remain undisclosed, the news has ignited debates among […]

Bitcoin ETFs Face Massive Outflows

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. faced a significant setback on Thursday, recording a staggering $400.67 million in outflows. This marks the end of a six-day streak of inflows, leaving market participants questioning the sustainability of the recent rally. Leading the exodus, Fidelity’s FBTC ETF saw $179.2 million leave the fund, its largest […]

SEC Faces State Backlash Over Crypto

A coalition of 18 U.S. states has filed a lawsuit against the Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler, challenging what they describe as “gross government overreach” in the agency’s approach to crypto regulation. The lawsuit, filed by states including Texas, Nebraska, Wyoming, and Ohio, claims that the SEC has bypassed Congress […]

PEPE Outpaces Dogecoin with New Listings

In a crypto market rally ignited by Republican wins in the recent U.S. election, the frog-themed meme coin PEPE has surged ahead of Dogecoin (DOGE) in weekly gains, showcasing an astonishing 131% increase. PEPE’s recent success follows listing announcements from two prominent U.S. exchanges, Coinbase and Robinhood, bringing the meme coin into the mainstream and […]