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The world’s largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that sa…
Sol Strategies, a publicly traded holding company (tickers: CYFRF, HODL.CN), is investing 25 million Canadian dollars in the Solana ecosystem through an unsecured credit facility, the company announced Monday.The move is the latest part of the Toronto-based company’s effort to become one of the larg…
Publicly-traded holding company Sol Strategies (ticker HODL) is investing $25 million Canadian dollars into the Solana ecosystem through an unsecured credit facility, according to an announcement on Monday. The move is the latest part of the Toronto, Canada-based company’s effort to become one of th…
AI Agents and stock market parody tokens may have been all the rage in recent weeks, but big players are active in dogecoin markets, with some targeting a $1 level in 2025.Data from multiple sources shows an uptick in interest from whales, a colloquial term for wealthy and influential market partic…
Solayer, a restaking protocol in the Solana ecosystem, said it's developing InfiniSVM — a hardware-accelerated Solana Virtual Machine (SVM) blockchain.Termed “the grand finale of Solayer’s vision,” Solayer has published a litepaper on the solution. It claims that when launched, InfiniSVM will dynami…
Metaplanet ushers in the new year with a bullish sentiment on Bitcoin and blockchain technology.After announcing late last year that it had purchased ¥1 billion worth of Bitcoins, the Japanese company is making headlines again by announcing its plans to increase its holdings to 10,000 Bitcoins.Metap…
Dogecoin has made some notable recovery during the past week, but social media users have remained bearish. Here’s why this could be good for the rally.Dogecoin Weighted Sentiment Has Remained Negative RecentlyAs pointed out by analyst Ali Martinez in a new post on X, the Dogecoin Weighted Sentiment…
Major digital assets advanced Monday, with Bitcoin (BTC/USD) bouncing back above the $100,000 level. The CoinDesk Market Index, which tracks 126 digital assets, rose 3.1% in the past 24 hours. The Nasdaq 100 was up 1%, and the S&P 500 advanced 0.5% in late trading, while the Dow Jones Industrial Ave…
Today in crypto, Elon Musk faces backlash for announcing change to the X social media algorithm, at least 15 blockchain wallets suspected of insider trading have turned an initial $14,600 investment into over $20 million, and the Bitcoin network’s hashrate hit a new all-time high above 1,000 exahash…
Optimism will unlock 4,470,000 OP tokens on January 9th, constituting approximately 0.33% of the currently circulating supply.OP InfoOptimism is a Layer 2 (L2) solution designed to enhance the speed and scalability of the Ethereum network. The project aims to improve performance and transaction spee…
Fantom is set to commence the conversion of FTM to S tokens starting on January 13th at 00:00 UTC.The platform will offer free swaps for the first 90 days following the conversion start date. Additionally, 190.5 million tokens, representing 6% of the total supply, have been allocated for a points-ba…
Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) is deepening its foray into the crypto ecosystem.Garanti BBVA Kripto, a crypto custody platform operated by Garanti BBVA — Turkey’s fifth largest bank, which as of December 2023 was almost 86% owned by BBVA — will soon be providing crypto …