Are you watching the Ethereum network? Recent blockchain data shows a significant uptick in activity. Specifically, Ethereum active addresses saw a notable surge, capturing the attention of market watchers and analysts alike. This jump is often seen as a key indicator of network health and potential future price movements for ETH. Understanding the Surge in … Read more
Binance, one of the leading cryptocurrency exchanges, has announced the scheduled delisting of several tokens, including Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING). This decision will take effect at 13:00 (UTC+8) on May 2, 2025, according to credible sources from the exchange. The delisting move signifies Binance’s ongoing efforts to optimize … Read more
Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior in Kuwait has issued a warning against the practice of cryptocurrency mining, declaring it an unlicensed and illegal activity that violates several existing laws. … Read more
Russia is preparing to launch a new cryptocurrency exchange designed specifically for highly qualified investors. Russia’s Ministry of Finance and the Central Bank are preparing to launch a cryptocurrency exchange targeting “super-qualified investors,” according to Finance Minister Anton Siluanov. The announcement came during a board meeting of the Finance Ministry on Apr. 23, as reported … Read more
BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas … Read more
According to official sources, Metaplanet, a publicly listed company in Japan, has expanded its cryptocurrency portfolio by acquiring an additional 145 BTC. This strategic investment elevates its total Bitcoin holdings to 5,000 BTC. The latest acquisition was executed at a cost of $13.6 million, which translates to an average purchase price of $93,327 per BTC. … Read more
South Africa’s tokenized financial assets exchange, Mesh.trade, has reportedly launched Bullion Krugerrand tokens issued by Troygold, allowing investors to buy fractional gold holdings stored securely at Brink’s in Johannesburg. Each purchase generates a gold ownership certificate confirming fractional ownership down to seven decimal points. Investors can redeem tokens for physical Krugerrands once they accumulate a … Read more
US federal prosecutors have asked a district judge to sentence Avraham “Avi” Eisenberg, the crypto user convicted of the $110 million exploit of the decentralized exchange Mango Markets in 2022, to at least six and a half years behind bars. Ahead of Eisenberg’s May 1 sentencing hearing, US prosecutors are petitioning US District Judge Arun … Read more
US federal prosecutors have filed statements from hundreds of victims in their case against Alex Mashinsky, the founder and former CEO of the defunct crypto lender Celsius Network. The recently sworn-in interim US Attorney for Manhattan, Jay Clayton, said in an April 23 letter to a Manhattan federal court that he was sharing “more than … Read more
A prominent liquidity provider recently made a significant move by withdrawing approximately 220,000 TRUMP liquidity tokens. This transaction, occurring just two hours ago, raises questions about potential strategic intentions behind such an action. As the market evolves, participants often adjust their holdings in response to upcoming events, such as high-profile engagements or investment opportunities. The … Read more