In 2024, digital asset investment products saw a historic surge, with total inflows reaching $44.2 billion, according to CoinShares. This marks a significant increase compared to the previous record set in 2021, which saw inflows of just $10.5 billion. The majority of the inflows were driven by U.S.-based spot exchange-traded funds (ETFs), which accounted for […]
Category Archives: Blockchain
KULR Technology Group, Inc., a company specializing in thermal energy management, has significantly increased its Bitcoin holdings by acquiring 213.4 BTC worth $21 million. This move is part of the company’s broader strategy to allocate 90% of its cash reserves into Bitcoin, reflecting the growing trend of companies adopting cryptocurrency as a part of their […]
The Pi Network’s core team has issued an urgent reminder to its global user base about the approaching deadline for completing the Know Your Customer (KYC) process and migrating to the Pi Mainnet. According to the announcement, the deadline for this crucial transition is January 31, 2025. Failure to meet this deadline will result in […]
The price of Raydium (RAY) has seen a significant rally, increasing for five consecutive days as the protocol’s trading volume surged in the last week. On Sunday, the price of RAY reached $5.60, marking its highest level since December 11 and a 50% increase from its lowest level in December. Raydium has continued to outperform […]
The price of the Pudgy Penguins token surged on Sunday, driven by a remarkable 70% increase in the sales of its non-fungible tokens (NFTs). The Pudgy Penguins token price jumped by nearly 17%, making it one of the top-performing cryptocurrencies of the day. According to CryptoSlam, Pudgy Penguins sales grew by 68% on January 5, […]
This week’s recap covers significant updates from FalconX, MicroStrategy, Coinbase, Binance, and key developments in the crypto market, including regulatory shifts in China, BlackRock’s Bitcoin ETF outflows, and notable legal matters. FalconX Acquires Arbelos Markets to Strengthen Crypto Derivatives FalconX, a prominent digital asset prime broker, has acquired Arbelos Markets, a New York-based derivatives trading […]
Sui, a prominent layer-2 network, has resumed its strong upward trajectory, surging by nearly 20%. As of the latest data, the price of Sui stands around $5.13, marking a notable rise of over 1,312% from its lowest point in 2023. This impressive performance has propelled Sui’s market capitalization to exceed $15 billion, making it the […]
Pepe coin has shown significant resilience in the market after dropping to a monthly low of $0.0000144 in December. The coin has made a notable recovery, climbing to a high of $0.00002175, a 50% increase from its low point, marking its highest level since December 18. This surge aligns with a broader recovery across the […]
Steem Dollars (SBD), the stablecoin native to the Steem blockchain, has experienced an impressive surge of more than 106%, reigniting interest in the decentralized content and rewards ecosystem that the Steem platform powers. Originally launched in 2016 by blockchain entrepreneurs Ned Scott and Dan Larimer, Steem Dollars were designed to provide stability in the otherwise […]
The United States could potentially acquire between 300,000 to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group, a global financial advisory firm. Green, known for his optimistic stance on cryptocurrency, believes that such a move would establish Bitcoin as a fundamental part of U.S. financial policy, contributing to an unprecedented bull […]