Author: Anshul

Spot Bitcoin ETFs Experience Sudden Outflows

June 10 marked a significant shift in the investment landscape for U.S. spot Bitcoin ETFs, which recorded net outflows of $65 million, ending a 19-day streak of consistent inflows. According to data from Farside Investors, this reversal is notable as the last instance of net outflows occurred nearly a month prior, on May 10, with […]

The Risks of Fandom: Roaring Kitty’s Privacy Breach

Moderators of the GameStop-centric subreddit SuperStonk, endorsed by the meme stock influencer Roaring Kitty (Keith Gill), have recently issued a stern warning to their community. The cautionary message urges members to refrain from doxxing the influencer and his family, highlighting a concerning increase in such activities. The subreddit’s announcement noted an alarming rise in posts […]

Ariana Grande’s Meme Share Spikes Solana Coin

Early Monday, the Solana meme coin, Michi, witnessed an 18% surge in its value following pop star Ariana Grande’s Instagram story post. This rise in Michi’s price, as tracked by CoinGecko, came shortly after Grande shared a meme that inspired the creation of the coin. The meme featured in Grande’s story was tailored to hold […]

ZkSync Launches ZK Nation to Boost Decentralization

In an exciting development, the Ethereum layer-2 network, ZkSync, has unveiled its latest initiative, ZK Nation, aimed at amplifying the protocol’s decentralization. This initiative involves collaboration among the community, security professionals, and technical experts to enhance and expand the ZkSync ecosystem. The announcement precedes further details set to be released later this week about ZkSync’s […]

Gensler Softens Stance on Crypto, Hints at ETF Potential

In a recent live television appearance, Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), offered a nuanced take on the crypto industry, hinting at a possible softening in his approach towards cryptocurrency regulations, particularly regarding the potential for crypto ETFs. Speaking on CNBC with Jim Cramer, Gensler discussed the need for […]

Vitalik Buterin Critiques Celebrity Meme Coins

Vitalik Buterin, the co-founder of Ethereum, has recently expressed his concerns over the proliferation of celebrity-backed meme coins. On Twitter, he voiced his dissatisfaction with what he describes as “this cycle’s celebrity experimentation” in the cryptocurrency space. His criticism is not against meme coins as a whole, but rather their lack of substantial purpose beyond […]

Bitcoin’s Rise Fuels Meme Coin Surge

The cryptocurrency landscape is witnessing a notable upswing as Bitcoin ascends to its highest price in two weeks, nearing the peak levels observed since the significant halving event in April. This resurgence has sparked a broader rally, particularly noticeable in Bitcoin-based fungible tokens like ORDI and DOG, which are riding the wave of growing interest […]

Bored Ape NFTs Set for Sotheby’s Auction

A significant event in the digital art and cryptocurrency world is set to occur on June 18, as Sotheby’s prepares to auction off a specially curated batch of Ethereum NFTs centered around the Bored Ape Yacht Club, a project by Yuga Labs. This event is poised to test the enduring appeal of Ape-themed assets within […]