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Ethereum co-founder Vitalik Buterin recently made headlines after selling six memecoins, accumulating 257.11 ETH, valued at $633,000, in just 50 minutes. Buterin has a history of selling memecoins for charitable donations, and this time seems to be no different. The memecoins sold by Buterin include: – 330K $MSTR, worth $281,000, sold for 114 ETH – … Read more
Last week, MicroStrategy’s ($MSTR) premium skyrocketed to a historic high of 161%, fueled by growing market excitement. The surge in interest comes as the company prepares to adopt the new ASC 350 accounting standard by 2025, allowing them to report Bitcoin holdings at fair value. This change could add approximately $3 billion to MicroStrategy’s retained … Read more
On Monday, a long-dormant bitcoin wallet, first activated on Aug. 4, 2011, made its move, sending 100 BTC—valued at $6.59 million—out into the world for the first time in over 13 years. While September saw some exciting transactions from 2009-era wallets, October has been relatively quiet when it comes to the reawakening of old bitcoin … Read more
On Monday, the team behind the decentralized finance (defi) project World Liberty Financial (WLF), backed by the Trump family, announced that over 100,000 accredited U.S. investors have been added to the whitelist. During the X Spaces event, WLF founders Zachary Folkman and Chase Herro shared that the project was inspired by “the vision of Donald … Read more
According to someone with direct knowledge of the situation, speaking with Bloomberg, Arkham Intelligence, the company behind the multi-blockchain monitoring and parser tool, is gearing up to introduce a crypto derivatives exchange next month. Arkham Is Reportedly Preparing to Launch a Crypto Derivatives Trading Platform This week, Anna Irrera of Bloomberg revealed that Arkham Intelligence, … Read more
On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an X Spaces discussion about the token launch will be aired … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Chainalysis states Venezuela was the country where cryptocurrency markets grew most last year, Brazilian giants team to launch a real-pegged stablecoin, and Littio leveraged Avalanche to offer yield-bearing dollar-based savings accounts. Chainalysis Latam … Read more
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains, pulling in $253.54 million in total on Oct. 11. Fidelity’s … Read more
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to ETC Group’s Network Dominance Index. ETC Group Analysts Reinforce Ethereum Market Dominance … Read more
Over the past week, bitcoin has been bouncing between $59,019 and $63,794 per unit. While prices have slipped slightly—down 1.29% for October so far—there’s still plenty of optimism that ‘Uptober’ will live up to its reputation. After all, October has historically been a good month for bitcoin, with enthusiasts eagerly awaiting a potential rally as … Read more