CBDC vs Crypto: The Fight for Financial Freedom
The battle between Central Bank Digital Currencies (CBDCs) and cryptocurrencies is more than a debate – it’s a fight for financial freedom and control over money. With over 130 countries exploring CBDCs, this shift could fundamentally change how we spend, save, and manage finances in the digital age. As Pippa Malmgren, member of the Council […]
Trader Turns $6 into $87K as PENGU Token
A savvy trader has turned a mere $6 investment in PENGU tokens into a staggering $87,000 profit during the token’s launch frenzy. The incident occurred as users rushed to trade PENGU tokens following its official launch, unknowingly swapping into the trader’s liquidity pool at inflated prices. According to Arkham Intelligence, the trader strategically bought $6 […]
Justin Sun Eyes 53K ETH Buy
Justin Sun, founder of Tron, has reignited speculation in the cryptocurrency market with his recent plan to acquire approximately 53,000 ETH. The move comes at a critical moment, as Ethereum flirts with the $4,000 mark, experiencing a 2% surge in the last 24 hours. Notably, Sun’s planned accumulation follows a recent sell-off of 29,920 ETH […]
Michael Saylor: Bitcoin at $100K Is ‘Here to Stay’
Michael Saylor, Executive Chairman of MicroStrategy and one of Bitcoin’s most prominent advocates, celebrated Bitcoin [BTC] reaching the $100,000 milestone. Speaking with Alex Thorn, Head of Firmwide Research at Galaxy, Saylor emphasized the milestone’s significance: “I think it’s an important milestone because when you get to the six-figure level, I think it sends the message […]
FTX Recovers $15 Million in Political Donations
As the bankruptcy proceedings of FTX, the collapsed cryptocurrency exchange formerly led by convicted founder Sam Bankman-Fried, unfold, significant progress has been made in recovering misallocated funds. A recent court filing reveals that debtors have successfully reclaimed over $15 million in political donations made by Bankman-Fried and his associates. The revelations stem from allegations of […]
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 […]
PEPE Outshines WIF in Meme Coin Battle
In the meme coin space, Pepe (PEPE) and dogwifhat (WIF) rank as the third and fourth-largest memecoins by market capitalization, respectively. PEPE currently boasts a market cap of $10.2 billion, while WIF trails significantly at $2.8 billion. This discrepancy generally suggests WIF has more room to grow, yet recent performance tells a different story. While […]
Crypto Market Crash Wipes $1.7B Amid Quantum Computing Fears
A sharp crypto market correction triggered a staggering $1.7 billion in liquidations over the past 24 hours, as Bitcoin tumbled from above $100,000 to $94,100 and Ethereum fell 8% to $3,800, according to Coinglass. Liquidations and Altcoin Bloodbath Of the $1.7B wiped out, $1.5B came from long positions—a sign that bullish traders were caught off […]