Bitcoin Miners Sell Amid $90K Surge
Bitcoin miners have been actively moving large amounts of BTC to exchanges, coinciding with the crypto’s recent price surge beyond $90,000. Over the past three days, more than 45,000 BTC—valued at over $4 billion—have been shifted, according to data from CryptoQuant. On Nov. 12 alone, miners offloaded approximately 24,138 BTC, marking the second-largest single-day outflow […]
Coinbase App Surges on Pro-Crypto Wave
Coinbase has soared back into the top ranks of the U.S. Apple App Store, reaching 8th place in the “Free iPhone Apps” category on Wednesday. This rise comes on the heels of former president Donald Trump’s pro-crypto stance, which has reignited market enthusiasm and driven Bitcoin’s price to unprecedented heights above $93,000. Coinbase’s position, now […]
Celeb Memecoin Lawsuit Hits Jenner
A proposed class-action lawsuit targets former Olympian Caitlyn Jenner, alleging that she misled investors with an unregistered “JENNER” token on Ethereum and Solana. Filed in California federal court by Naeem Azad and Mihai Caluseru, the lawsuit accuses Jenner and her manager, Sophia Hutchins, of enticing “financially unsophisticated” individuals to invest in the token, ultimately resulting […]
ARK Invest Predicts Trump Win Could Fuel Crypto IPO Surge
Last week’s election victory by Donald Trump may signal a turning point for crypto companies looking to go public, according to a recent newsletter from Cathie Wood’s ARK Invest. The global asset manager predicts that Trump’s leadership, especially with the potential for a new Securities and Exchange Commission (SEC) chair, could create an environment favorable […]
PNUT, FRED, and Harambe Tokens Spark Viral Frenzy
Dogecoin may have led the way as the original meme coin, but recent animal-themed coins are experiencing explosive growth, tapping into viral real-life stories that have captured the internet’s attention. From a viral squirrel and raccoon to internet-famous animals like Harambe, these new tokens are gaining momentum—and millions in market capitalization—on the heels of their […]
Tesla’s Bitcoin Holdings Surge to $1B
Tesla’s decision to invest in Bitcoin is proving fruitful, with the company’s holdings now valued at over $1 billion. The electric vehicle giant currently owns 11,509 BTC, which has appreciated significantly as Bitcoin’s price recently hit a new all-time high of $89,560, according to data from blockchain analytics firm Arkham Intelligence. Tesla first bought into […]
El Salvador’s Bitcoin Bet Pays Off with $100M in Profits
El Salvador’s ambitious Bitcoin experiment has finally yielded significant gains. President Nayib Bukele, who made Bitcoin legal tender in 2021, proudly announced this week that the country has amassed $100 million in unrealized profits as Bitcoin’s price surged to new highs. “I told you so,” Bukele tweeted, celebrating a victory that comes two years after […]
Bitcoin ETFs See Record Inflows After Trump Win
Bitcoin is experiencing a surge in demand, with its price nearing $85,000. But it’s not just the coin itself that’s attracting attention. American spot exchange-traded funds (ETFs) have seen record-breaking inflows in the past week, totaling nearly $2 billion. This wave of interest follows Donald Trump’s recent election win. Which has spurred optimism across the […]