Blockchain analytics firm Bubblemaps has uncovered that at least one investor who profited from TRUMP and LIBRA was also among the first to buy Ye’s YZY memecoin. Summary The first major YZY memecoin purchase occurred on launch day, with a wallet (AwY1V) acquiring $250,000. On-chain analysis has linked this wallet to addresses involved in sniping…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A major turning point for Bitcoin (BTC) came in early 2024, when the U.S. Securities and Exchange Commission approved a series of spot Bitcoin exchange-traded funds. This regulatory milestone did more than…
After several consecutive days in the red, the nine U.S-listed exchange-traded funds tracking Ethereum are back with inflows. Summary Ethereum ETFs recorded $288 million in net inflows on Aug. 21, ending several consecutive days of losses. ETH’s price remains under pressure, trading just above $4,238, down 0.72% over the past 24 hours, but up 15%…
Gemini has teased plans for an XRP-branded Mastercard, which has stirred fresh interest within the XRP community. But can this development help reverse the token’s downtrend? Summary Gemini has teased the launch of an XRP-powered credit card. XRP price has remained in a downtrend this month. Technical indicators suggest selling pressure was waning. In an…
The U.S. Office of the Comptroller of the Currency (OCC) has ended a 2022 consent order against crypto-native custodian and bank Anchorage Digital. Summary US OCC drops 2022 consent order against Anchorage Digital. Anchorage CEO Nathan McCauley said the decision was a key milestone for the industry. U.S. regulators, including OCC, Fed, and FDIC, have…
BIO price looks poised to confirm a golden cross amid continued whale accumulation. Can it rally to $0.30 in the coming weeks? Summary Bio Protocol is up over 80% in the past week and has hit a six-month high today. Whales and high-profile figures have continued investing in BIO. A golden cross has formed on…
Ethena price is testing a critical $0.65 support zone as strong on-chain fundamentals clash with fading short-term momentum. Summary Ethena reports $500 million in cumulative gross interest revenue as USDe supply hits record $11.7 billion. ENA faces 10% weekly decline but strong exchange outflows hint at accumulation. Technical outlook mixed as ENA tests $0.65 support…
A Democratic lawmaker in Pennsylvania has proposed a bill that would ban elected officials from profiting off cryptocurrency while in office. Summary Pennsylvania lawmaker Ben Waxman introduced HB1812 to ban elected officials from profiting off cryptocurrency while in office. HB1812 would require lawmakers to divest their current holdings. Democrat Ben Waxman from District 182, along…
Bitcoin price slipped to $112,828 on Aug. 22, down 1.4% on the day as retail demand cooled while whales quietly accumulated. Summary Bitcoin trades at $112,828, 9.3% below its Aug. 14 all-time high of $124,128. Retail demand is fading, but whales bought 16,000 BTC in the past week. Technicals show $112K as key support; failure…
Starknet is set to introduce Bitcoin staking after its community ratified Starknet Improvement Proposal 31. Summary Starknet approved SNIP-31 on August 21, enabling Bitcoin staking and governance rights. BTC gets up to 25% staking power, while STRK keeps majority control. The update expands BTC DeFi on Starknet, but STRK fell 6.2% after. Starknet (STRK) will…
