Ordinals—the Bitcoin equivalent of NFTs—are on fire as Bitcoin’s price nears an all-time high, and it’s the NodeMonkes collection that is leading the charge after a heavy sales weekend that culminated with the project’s first-ever sale above $1 million worth of BTC. NodeMonkes is the top-selling individual Ordinals or NFT project over the last seven […]
Bitcoin Funds Swell With Another $1.84 Billion in Fresh Cash
Investor interest in digital assets—particularly Bitcoin—has not relented, with $1.84 billion poured into crypto investment products in the last week. Of that dizzying figure, $1.73 billion was focused on “digital gold.” In fact, last week was the second largest week of inflows into such products on record, according to European digital asset manager CoinShares. The […]
Zero Balance? Coinbase Crashes Again as Bitcoin Surges
Coinbase crashed again on Monday as the cryptocurrency market continued its frenetic Monday—marking the second time the U.S.-based exchange buckled under a surge of traffic in as many weeks. At 12:36 pm EST, Coinbase reported degraded performance on the exchange’s status page. As with last week’s crash, Coinbase users reported zero balances in their wallets. […]
Ethereum Gas Fees Skyrocket Again, Pushing Price of NFT Transactions Near $400
All good things come at a cost—and in this case, skyrocketing prices across the crypto market have also triggered an equally steep rise in Ethereum gas fees. On Ethereum, massive levels of network traffic pushed gas fees beyond 174 gwei by midday Monday according to Etherscan, incurring significant costs for traders attempting to complete various […]
UK Authorities Will Have Power To Confiscate Crypto Assets From the Public by End of April
The UK government just released documentation notifying that the country’s law enforcement will soon have the power to seize crypto assets without going through extensive legal processes. The country’s Economic Crime and Corporate Transparency Act 2023, which was passed on October 26th, 2023, now comes with extensive provisions relating to crypto assets, including how authorities […]
FTX Opens Claim Window, Sets Prices for Bitcoin, Ethereum and Others Close to 2022 Bear Market Lows: Report
FTX liquidators have launched the claims portal for creditors of the bankrupt crypto exchange using prices from the 2022 bear market. Pricewaterhouse Cooper (PwC) says creditors must register and submit the necessary documents on the FTX Digital Claim Portal before May 15th, the claim bar date. The Big Four accounting firm says two factors will […]
SEC Pushes Back BlackRock Spot Ethereum ETF Application—Again
With the blockbuster success of spot Bitcoin ETFs, Ethereum-based counterparts are increasingly in demand.
MicroStrategy launches $600 million notes offering to fuel Bitcoin acquisition as stock surges
MicroStrategy announced plans to offer $600 million in convertible senior notes due 2030 to fund further acquisitions of Bitcoin after its stock price surged 20% in the early hours of trading on March 4. The private offering is aimed at qualified institutional buyers and is subject to market conditions and other factors. The move aims to […]
Friend.tech Investors Grant Users Full Token Control Amid Resurgence Efforts
Friend.tech, a Web3 social platform, has revealed that its investors have unanimously decided to waive their rights to sell tokens to users, granting them full control over the funds. The decentralized social media protocol garnered significant attention last year but has recently experienced a decline. Friend.tech Is Looking for a Comeback Friend.tech users have been […]
Altcoin season is still getting traction: Bitfinex report
Altcoin market cap approaches $640B with memecoins and AI projects driving the surge.