Hong Kong-based Yong Rong HK Asset Management Ltd has become the largest holder in BlackRock iShares Bitcoin ETF (IBIT), as per new data revealed by Bloomberg Intelligence analyst on Friday. Yong Rong Asset Management Bought $38M BlackRock Bitcoin ETF Bloomberg senior ETF analyst Eric Balchunas revealed Yong Rong Asset Management based in Hong Kong purchased […]
EigenLayer Protocol Breaks Records: $3.4B TVL in Ethereum Restaking
The total value locked (TVL) on Ethereum’s Eigenlayer protocol has skyrocketed to an unprecedented $3.5 billion, marking a significant milestone for the platform. This surge in TVL represents a remarkable 70% increase over the past week alone. The surge can be attributed to two primary factors: the reopening of deposits on the Eigenlayer platform and […]
Spot Bitcoin ETF: US SEC Postpones Decision On 7RCC Application
After waiting for almost five months for the United States Securities and Exchange Commission (SEC) to make a decision on its spot Bitcoin ETF application focused on carbon credits, 7RCC Global has been asked to wait for another two months. 7RCC Now Eyeing June 24 as New Decision Date The Commission just said it needs […]
SOL Outage: Fix Released For Validator Operators To Restart Network
Solana encountered a significant disruption resulting in the halt of block progression. The outage, reported via Solana’s System Status, disrupted the network’s operations, prompting immediate attention from stakeholders. Efforts to rectify the issue are currently underway, underscoring the urgency to restore normalcy to Solana’s functionality. The outage, as indicated on Solana’s system status post on […]
SHIB News: 211B Shiba Inu Dumped to Coinbase, Has SHIB Price Topped?
In an unprecedented turn of events, despite Shiba Inu’s significant price recovery in the past 24 hours, an enormous amount of SHIB was dumped onto Coinbase, a prominent crypto exchange. This has triggered a storm of bearish sentiments around one of the most renowned dog-themed meme tokens. Shiba Inu, the self-proclaimed Dogecoin killer, experienced a […]
Solana Price Prediction: Is It A Good Time To Buy SOL Dip As Network Outage Causes Uncertainty?
Solana Price Prediction: SOL has recently faced significant price fluctuations. Over the last fortnight, the value of Solana (SOL) has seen an uptick but struggled to surpass the critical resistance mark at $100. The recent technical analysis of the daily time frame reveals that Solana’s value has been caught in a descending parallel channel for […]
Shiba Inu Exec Fumes At Elon Musk Over X’s Security Concerns
Lucie, the marketing lead for Shiba Inu (SHIB), took a bold stance against Elon Musk and his social media platform, X. The scathing critic highlighted serious security concerns on X. Furthermore, the Shiba Inu exec underscored the importance of user safety and spotlighted the malicious practices of phishing on the platform. Shiba Inu’s Lucie Slams […]
South Korea to Bring Strict Digital Assets Act With Life Imprisonment for Violators
The latest reports coming from South Korea suggest that the country is all set to introduce stricter regulations against crypto market manipulation and illegal trading. If the amount of unfair profits derived from crypto profits exceeds 5 billion won, the violators can face up to life imprisonment. The development comes soon as Bitsonic CEO faced […]
Jack Dorsey Pledges $21 Million for Bitcoin Development
Jack Dorsey, the co-founder of Twitter, has shown tremendous support for the future of Bitcoin and decentralized social media by donating $21 million to OpenSats, a non-profit organization. This action accentuates his view that Bitcoin is the internet’s native currency. According to OpenSats, the donation from Dorsey’s #startsmall initiative will benefit all operational and development […]
OKX Introduces Advanced Trading Amid Probe in South Korea
OKX, a global pioneer in Web3 technology and virtual assets, recently announced plans to expand its strategic partnership with SignalPlus, a leading virtual asset trading infrastructure provider. The partnership expansion primarily eyes the amalgamation of SignalPlus’ all-inclusive array of trading tools into OKX’s trading platform, offering users the most seamless trading experience. A Closer Look […]