Bookmarking Crypto Insights
Digital asset investment products saw $785 million in inflows last week, fully reversing losses from early 2024. Ethereum led the charge with $205 million in fresh capital, buoyed by technical upgrades and leadership momentum. Ethereum Leads $785 Million Inflows As Digital Asset Sentiment Rebounds Crypto investment products recorded $785 million in inflows last week, marking … Read more
On May 22, US President Donald Trump is expected to host up to 220 people who had purchased the most significant quantities of his memecoin at a private event in Washington, DC. Though the exact number of attendees was unknown as of May 19, reports and blockchain data have revealed some of the tokenholders who … Read more
Circle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune. Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking … Read more
Key takeaways: Bitcoin onchain and technical data suggest new all-time highs are imminent. Glassnode data shows most Bitcoin wallet cohorts accumulating BTC. A daily timeframe bearish divergence signals fading momentum, raising doubt on BTC’s ability to rally into the $120,000 to $130,000 range. Bitcoin (BTC) price rallied back above $105,000 during the US market trading … Read more
The US Department of Justice is reportedly conducting a probe over Coinbase’s contracted customer service agents in India, who accepted bribes in exchange for allowing criminals access to user data. According to a May 19 Bloomberg report, DOJ investigators are looking into the data breach, which Coinbase disclosed to the public on May 15. The … Read more
The U.S. Justice Department has reportedly initiated a criminal probe into a security incident at Coinbase Global Inc., the nation’s premier cryptocurrency exchange, as disclosed by a Bloomberg source with knowledge of the situation. Intruders corrupted customer support staff and third-party contractors in India, gaining illicit access to sensitive user information. Following the breach, the … Read more
Dominari Holdings Inc., a small investment bank based in Trump Tower, is stockpiling bitcoin as it pivots deeper into crypto, Bloomberg first reported. Investment Bank Tied to Trump Family Deepens Crypto Footprint Dominari Holdings Inc. (Nasdaq: DOMH), a small bank headquartered in New York’s Trump Tower, is increasing its bitcoin ( BTC) holdings while pursuing … Read more
Quantum Biopharma has purchased an additional $1 million worth of Bitcoin and other cryptocurrencies, the Canadian biotechnology company said. The buys take Quantum’s total cryptocurrency holdings to approximately $4.5 million, according to a May 19 press release. The biotech company plans to stake a portion of its crypto to generate revenue. Quantum expects that holding a … Read more
Following a slew of companies last week revealing similar plans, Digiasia Corp. announced a commitment to establish a bitcoin treasury reserve, potentially raising up to $100 million to acquire BTC, as its shares surged 93% by 1 p.m. ET on Monday. Digiasia Eyes $100 Million to Build Bitcoin Treasury The fintech firm Digiasia Corp. (Nasdaq: … Read more
In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry. In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of … Read more
