Author: Anshul

Whale Activity Boosts Cardano and Dogecoin

Last week, significant whale activity in the cryptocurrency market drew attention as major investors aggressively purchased Cardano (ADA) and Dogecoin (DOGE). Analyst Ali Martinez revealed on social media platform X that whales accumulated a staggering $150 million worth of ADA and DOGE within just 48 hours. At the time of writing, ADA is trading at […]

Former OpenAI Researcher, Suchir Balaji, Found Dead at 26

Suchir Balaji, a 26-year-old former OpenAI researcher, who publicly accused the company of unethical data practices to train its AI models, was found dead in his San Francisco apartment on November 26. Authorities have ruled the death a suicide, as reported by TechCrunch. Balaji, who worked as part of OpenAI’s technical staff from November 2020 […]

MicroStrategy Joins Nasdaq 100

On Friday, MicroStrategy (MSTR) officially joined the Nasdaq 100, a milestone that cements its position among the world’s top non-financial companies. Nasdaq confirmed the inclusion in its annual index update press release. Following the news, MicroStrategy’s stock climbed 0.57% in after-hours trading, reaching $411.00, up from its opening price of $400.07, according to MarketWatch. For […]

Avalanche Secures $250M, AVAX Eyes Rally

The Avalanche Foundation has successfully raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Following the announcement, AVAX prices surged nearly 9%, trading at $52.80 as of press time. The funding round saw participation from over 40 investment firms, marking a significant vote of confidence in Avalanche’s ecosystem. […]

Pro-Crypto French Hill to Lead Financial Services

Republican lawmakers have selected French Hill as the next Chairman of the U.S. House Financial Services Committee, replacing retiring chair Patrick McHenry. Hill, a known advocate for pro-crypto policies, triumphed over fellow Republican contenders Andy Barr, Frank Lucas, and Bill Huizenga in a vote held on Thursday. In his statement on X, Hill expressed gratitude: […]

Spot Bitcoin and Ether ETFs Attract Strong Inflows

On Wednesday, Dec. 11, the 12 U.S. spot Bitcoin ETFs collectively attracted a significant $223.03 million in inflows during the trading session. Leading the inflows was Fidelity’s FBTC, which brought in an impressive $121.90 million, underscoring strong investor confidence in the product. Trailing Fidelity, Ark Invest and 21Shares’ ARKB fund added $52.67 million, while Grayscale’s […]

MicroStrategy Eyes Nasdaq 100 Inclusion

MicroStrategy (MSTR), known for its aggressive Bitcoin acquisition strategy, is set to potentially join the Nasdaq 100 index on December 23, with the official announcement expected on December 13. Bloomberg ETF analyst Eric Balchunas shared the development in a December 11 post on X, highlighting MicroStrategy’s anticipated move and its broader implications. According to Balchunas, […]

Magic Eden’s ME Token Faces Rocky Start

Magic Eden’s freshly launched ME token saw a turbulent debut, plummeting 67% from its post-launch high as users aired frustrations over a buggy mobile app and a convoluted claiming process. The NFT platform’s native token debuted on Dec. 10 at $6.70, briefly rallying to $13.10 before crashing to a low of $4.30, according to DexScreener […]