Category: Featured Article

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 […]

Ripple CEO Slams SEC, Reveals $150M Legal Bill

Ripple CEO Brad Garlinghouse made waves during a 60 Minutes interview on December 8, 2024, where he discussed Ripple’s prolonged legal battle with the U.S. Securities and Exchange Commission (SEC) and the broader regulatory landscape for crypto. Garlinghouse accused the SEC, under Chair Gary Gensler, of waging a “war on crypto.” He explained this was […]

Trump Claims Credit for Bitcoin’s $100K Milestone

President-elect Donald Trump took to Truth Social on Wednesday to celebrate Bitcoin’s groundbreaking surge past $100,000, claiming partial credit for the milestone. “Congratulations Bitcoiners,” Trump wrote. “$100,000!!! You’re welcome!!! Together, we will make America great again!” The comment comes as Bitcoin soared to $103,679 late Wednesday, marking its highest price ever. The milestone follows a […]

Mt. Gox Wallet Moves $2.8 Billion in Bitcoin

A wallet associated with Mt. Gox moved 27,871 Bitcoin, valued at $2.8 billion, late Wednesday evening, coinciding with Bitcoin’s historic rise above $100,000. Despite the significant transfer, the market remained stable, reflecting unprecedented resilience among traders. The transaction, tracked by blockchain analytics firm Arkham Intelligence, directed the funds to an unmarked address. Historically, movements from […]