Stocks
Michael Saylor Says Ethereum ETF Approvals Are Good For Bitcoin – Here’s Why
The recent approval of Ethereum spot ETFs is a net positive for Bitcoin adoption, according to MicroStrategy executive chairman Michael Saylor, who appeared on the What Bitcoin Did podcast last week. The billionaire Bitcoin investor has long championed Bitcoin as the best crypto asset for value storage and assumed that…
Read More »Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses
Binance, the largest shareholder of the South Korean cryptocurrency exchange Gopax, sold the asset claims of Gopax victims at less than half their face value on May 27. The discounted sale has led to substantial financial losses for investors, contradicting Binance’s earlier promise to fully compensate victims of the virtual…
Read More »Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT
Elon Musk’s AI startup, xAI, successfully raised $6 billion in a Series B funding round on May 26. The latest Series B round included participation from Vy Capital, Andreessen Horowitz, Sequoia Capital, and Saudi billionaire Prince Alwaleed Bin Talal. According to an official blog post from the xAI startup, the…
Read More »TRON Founder Justin Sun Pushes For Pro-Crypto President Amid Trump, Biden Tensions
TRON founder Justin Sun is encouraging those in the blockchain sector to vote for the pro-crypto candidate as tensions heat up between Joe Biden and Donald Trump ahead of the 2024 U.S. presidential election. “We should support a presidential candidate who endorses cryptocurrencies,” Sun wrote in a statement on Sunday.…
Read More »EUBOF Advises EU On Blockchain And AI Integration
The European Blockchain Observatory and Forum (EUBOF), an initiative of the European Commission, released a report on May 24 calling on the European Union (EU) to ready itself for the integration of blockchain technology and artificial intelligence (AI). The latest move from the EU blockchain is seen as a proactive…
Read More »Crypto Experts Pile Into New Solana Project – Could It Be the Next Big Thing?
A presale for Solana’s all-American hillbilly Sealana ($SEAL) token has attracted over $3 million in a month as it leads a new wave of Solana meme coins that has caught the attention of investors worldwide. Sealana’s predecessors, meme coins coins like DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME) and…
Read More »Caitlyn Jenner And Rich The Kid X Accounts Push Memecoins, Sparking Scam Concerns
Celebrities Caitlyn Jenner and Rich The Kid began boosting namesake crypto memecoins on their respective X accounts over Memorial Day weekend, prompting hacking concerns from X users. In a late Sunday X post, reality TV star and Olympic athlete Caitlyn Jenner announced she launched her own cryptocurrency token, JENNER, using…
Read More »Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains
Popular ERC-20 meme coin Shiba Inu ($SHIB) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024. At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year. By comparison, the…
Read More »Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge
After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds, causing a $41.7 million drop in the market cap in under three hours. The hacker offered to return 90%…
Read More »New Trump Campaign Coin Goes Viral on Solana, Funds Shift to Dogeverse
A new Trump campaign coin has surged today after listing on Uniswap, becoming the latest in a long line of Trump-related tokens to piggyback on publicity from this year’s US election. Imaginatively named Boost Trump Campaign (BTC), the new token has gained by over 30,000% since listing yesterday. However, the…
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