As he exits his efforts to curtail wasteful government spending, Elon Musk took one last shot, calling into question the $2.5 billion Federal Reserve building renovation. In a rare interview with print reporters, the initiator of the Department of Government Efficiency advisory board said the price tag for the central bank operation “sounds high.” “I … Read more
Bitcoin maximalist Max Keiser claims bitcoin (BTC) can change the minds of Israeli settlers and “orange pill” them into stopping a campaign of displacing Palestinian citizens. Keiser’s far-fetched solution is in response to a segment of Louis Theroux’s new documentary on Israeli settlers that’s currently doing the rounds on X. In the clip, Theroux describes … Read more
Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market. 21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange Commission (SEC). Called the 21Shares … Read more
The crypto market remains in consolidation, with the total market capitalization nearing $3 trillion, as analysts anticipate a reversal that could propel the market higher. Analysts believe that extended consolidation and negative funding rates might lead to a significant upward surge in Bitcoin, which might impact other crypto assets, with macroeconomic variables also influencing market … Read more
Bloomberg reports that the Wall Street giant is in the early stages of planning to add spot Bitcoin and crypto trading capabilities to its ETrade brokerage platform. The project aims to allow ETrade’s retail clients to buy and sell popular crypto directly through their existing brokerage accounts. The initiative, which executives expect to launch sometime … Read more
In a recent update from COINOTAG News dated May 1st, it has been reported by ChainNews that a significant player in the market, identified as a whale, has executed a short position on Ethereum (ETH). This investor initiated a short of 10,000 ETH at an average valuation of $1,791, which has resulted in a floating … Read more
Although bitcoin experienced pronounced price fluctuations in April, a long-dormant entity moved 200 BTC—marking its first transaction since Dec. 27, 2012. While that milestone alone is notable, what elevates the event’s intrigue is the origin of the coins: two separate Casascius physical bitcoin bars, each containing precisely 100 BTC. Historic Bitcoin Peel: Two Rare Casascius … Read more
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Ethena will integrate its sUSDe stablecoin into the TON blockchain under the name tsUSDe, making it available for Telegram’s one billion users. Announced during the Token2049 on May 1, Ethena (ENA) Labs founder Guy Young and The Open Platform CEO Halil Mirakhmed declared that Ethena’s synthetic stablecoin USDe and its yield-generating counterpart sUSDe will be … Read more
A portion of the trust’s holdings will be staked via third-party infrastructure providers. According to the filing, the ETF would offer direct price exposure to SEI, the native token of the Sei network. The Sei filing joins a growing queue of over 70 pending crypto ETF applications currently under SEC review. Canary Capital has filed … Read more