MicroStrategy is bad at timing the market
In case you missed it: just bought another 7,420 bitcoin for $458 million , bringing the company's total holdings to 252,200 bitcoin worth approximately $9.9 billion, with an average cost of $39,266 ...
Harris promises to support digital assets, hoping to win over the crypto constituency
Crypto's gone bipartisan. Vice President Kamala Harris came out in support of an industry that has, over the past several years at least, viewed the Democratic party with suspicion. At a Sunday fundra...
Crypto-based prediction markets set to explode as regulators narrow their focus on Polymarket
Prediction markets are about to get all shook up. A new entrant to the world of US-election betting is launching next week, and its design may challenge Polymarket’s dominant position. For the unaware...
New Trump-hyped crypto project set to launch tonight
A crypto project tied to the Trump family will launch this evening, according to former President Donald Trump, who said that World Liberty Financial is scheduled for a Monday-evening debut. Talk of t...
WeWork’s Adam Neumann’s carbon token startup failed at its one job
The stated mission of Adam Neumann’s Flowcarbon was to “drive billions of dollars directly to projects that reduce or remove carbon from the atmosphere by creating the first open protocol for tokenizi...
A colossal 70% of Trump’s crypto project tokens are allotted to insiders
Former President Donald Trump and his sons have a new DeFi crypto project, now called World Liberty Financial (just a few weeks ago it launched as “ The DeFiant Ones ”). While their X posts declare, “...
Trump invites his fans to buy his strange NFTs... again
In a video released on Truth Social, former president Trump announced that “by popular demand,” he is releasing yet another series of his “digital trading cards,” with an edition of up to 360,000 NFTs...
Trump pumps his kids’ crypto project
Former President Trump took a break from critiquing the DNC on social media to promote his sons’ crypto DeFi project , “The DeFiant Ones,” to his over 7.5 million Truth Social followers. The message l...
The official Democratic platform skips over crypto as the DNC kicks off
The official platform of the Democratic Party has nothing to say about crypto. At least for now. The Democratic National Convention kicks off today in Chicago, and ahead of the four-day event the part...
Sen. Schumer vows to pass crypto legislation in 2024 as the industry courts VP Harris
The crypto industry wants to make one thing clear: it’s not all in on former President Donald Trump. A collection of crypto insiders and elected officials gathered Wednesday evening to stage a forcefu...
Tether earned billions in interest, so naturally it’s launching a venture arm
Tether plays an interesting role in the cryptocurrency ecosystem as one of crypto’s largest liquidity providers. Tether issues a stablecoin called “USDT,” which is pegged to the US dollar. You can pur...
The world's largest bitcoin miner can't mine the crypto fast enough
is the world's largest bitcoin miner, and even it can't get enough of the digital asset. Marathon said it's seeking to raise $250 million in part to fund bitcoin purchases — essentially making an expe...
Trump-themed solana meme coin wiped out after major stakeholder bails
A solana-based meme coin named after former President Donald Trump tanked yesterday, wiping out about $52 million of its previously $55 million market cap. The token, TrumpCoin (DJT), first gained pro...
Bitcoin bubblin': Bitcoin's surge is bringing the rest of crypto with it
Bitcoin bubblin’ Having endured the "crypto winter", Bitcoin has once again climbed over the $69,000 threshold, trading at a new record high on Tuesday — a milestone mirroring a number of major stock...
Crypto confirmed: The SEC has greenlit Bitcoin ETFs
Spotted After a multi-year wait — and a false start earlier this week — 11 asset managers had their Bitcoin exchange-traded fund ( ETF ) applications approved by the SEC on Wednesday , a milestone th...
Going finite: The fall of another crypto kingpin
Another blow for crypto Binance, the world’s largest cryptocurrency exchange, yesterday admitted to violating anti-money laundering regulations and breaking US sanctions, less than 3 weeks after 31-...
Not Fully Thriving: NFT marketplace OpenSea is struggling
_N_ot _F_ully _T_hriving OpenSea, the self-proclaimed “first and largest” marketplace for Non-Fungible Tokens (NFTs), is reportedly laying off 50% of its current staff , as the platform looks to cut c...
Stablecoin: A brief history of Bitcoin reveals that 2023 is its least volatile year yet
FTX effects Sam Bankman-Fried, the founder of the defunct crypto-exchange FTX, is now deep into his fraud trial , with his ex-partner-turned-star-witness Caroline Ellison taking the stand to testify...
Cryptoverse: Bitcoin remains the most mainstream asset
Coinbase, the US-based crypto exchange, was requested by the SEC to halt trading in all cryptocurrencies except for bitcoin, according to an interview with the company’s CEO, Brian Armstrong. Coinbase...
Crypto: Enthusiasm for the sector has evaporated, but bitcoin is faring better
BlackRock, the world's largest asset manager, has filed for an exchange-traded bitcoin fund , aiming to provide institutional investors with exposure to the original, and still largest, cryptocurrency...