Bonk DAO has burnt 1.69 trillion tokens, a move that could influence the price of the BONK, which has been down over 8% in the last 24 hours amid the reduced supply. Analysts remain optimistic about BONK’s future, noting a 6.95% gain over the past week, with the meme coin currently priced at $0.00003151, despite … Read more
Ethereum co-founder Vitalik Buterin has made an endearing connection with the animal kingdom by donating 10,000,000 Thai baht to the Khao Kheow Open Zoo. Alongside his generosity, he’s now the proud “adoptive father” of Moo Deng, the tiny pygmy hippopotamus who was also turned into a meme coin earlier this year. Moo Deng’s Cuteness and … Read more
Hunter Horsley, CEO of Bitwise, has voiced optimism for corporate Bitcoin adoption in 2025, highlighting a critical shift in the financial landscape. Bitwise’s recent filing for a Bitcoin treasury ETF signals a potential increase in institutional investment, as companies innovate ways to leverage digital assets. According to Horsley, “It feels like 2025 will be a … Read more
Hunter Horsley, chief executive officer at Bitwise, has predicted that 2025 is going to be the year of corporate Bitcoin adoption. “It feels like 2025 will be big year for new corporates adopting the Bitcoin Standard,” Horsley he said on social media. This comes after Bitwise recently filed for an ETF that tracks firms with … Read more
Ethereum co-founder Vitalik Buterin has expanded his philanthropic endeavors to embrace wildlife conservation. Recently, he adopted Moo Deng, a pygmy hippopotamus residing at Thailand’s Khao Kheow Open Zoo. Buterin donated 10 million Thai Baht, equivalent to $290,000, to support Moo Deng’s care. Also, the donation will supplement the zoo’s educational initiatives over the next two … Read more
Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.15 million of inflows on Thursday following four straight days of outflows that saw over $1.5 billion leave the funds. … Read more
Bitcoin price continues to be under strong selling pressure after facing rejection at $100K on Christmas. While bulls are trying to defend the crucial support of $95,000, on-chain data and market analysts show that chances of a BTC price crash to $60,000 by Donald Trump’s inauguration on January 19, are much higher. On-Chain Data Flashes … Read more
Bitwise, the world’s largest crypto asset manager is planning the launch of a Bitcoin Standard Company ETF that holds BTC as part of their corporate financial reserves. Thus, top market public-listed firms like MicroStrategy, Marathon Digital, Coinbase, Semler Scientific, Metaplanet, and others would be part of this index. For its new Bitcoin ETF, the asset … Read more
Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has introduced a proposal for a ‘Bitcoin Bond’ exchange-traded fund (ETF). This fund aims to offer exposure to bitcoin (BTC) by investing in convertible securities, primarily from firms such as Microstrategy. Microstrategy and More: Strive Asset Management’s Bitcoin Bond ETF Embraces Crypto Giants The Bitcoin Bond ETF … Read more
The market enters the final days of 2024 with a new record for the largest Bitcoin options expiry in history. Today, a total of $18 billion worth of Bitcoin and Ethereum options contracts will expire. Exciting and unexpected developments may be ahead for options traders and investors. What Does the Record-High Crypto Options Value Indicate? … Read more