Author: Anshul

“Chill Guy” Artist Threatens Legal Action, CHILLGUY Coin Tumbles

Solana-based CHILLGUY saw its market cap skyrocket by over 400% on Wednesday, reaching a peak of $500 million. However, following Banks’ public denouncement on Twitter, the token plummeted 54% within two hours, falling to $220 million before recovering to $375 million. “Chill Guy has been copyrighted. Like, legally,” Banks tweeted, adding that he plans to […]

Bitcoin Surges Past $97K, $100K Within Sight

Bitcoin surged to over $97,000 late Wednesday, shattering its previous high of $95,000 in less than an hour, according to CoinGecko data. This rapid price movement triggered a cascade of $100 million in liquidations, with 80% coming from short sellers who bet on a price drop, as reported by CoinGlass. The rally has reignited optimism […]

FTX Co-Founder Gary Wang Avoids Prison

U.S. District Judge Lewis Kaplan handed down the sentence on Wednesday, citing Wang’s extensive cooperation with the government’s investigation into FTX’s failure. “You did the right thing,” Judge Kaplan told Wang, according to a report by Inner City Press. “You are entitled to a world of credit.” Wang, who co-founded FTX with Sam Bankman-Fried, played […]

Grayscale to Launch Bitcoin ETF Options After BlackRock’s Record

Grayscale’s Bitcoin Trust (GBTC) and Bitcoin Mini Trust (BTC) will offer options trading to expand the ecosystem for U.S.-listed Bitcoin exchange-traded products (ETPs). The move follows BlackRock’s iShares Bitcoin Trust (IBIT), which made waves with record-breaking options trading activity on its debut, helping push Bitcoin to a new all-time high of $94,041. Expanding Bitcoin ETF […]

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 […]