US judge temporarily blocks Minnesota prediction market ban

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Ethereum Could Hit $20K as Multi-Year BTC Base Completes: Analyst

Pseudonymous trader CrediBULL Crypto is calling for Ethereum (ETH) to reach $20,000 or higher, repeating a target he first laid out three weeks ago when the token was trading near $1,500. According to him, Ethereum is finishing a multi-year base against Bitcoin (BTC) and is about to enter its first bull run since 2017. The […]

TheFCA Obtains Court Order for Victims of Fraudster John Burford

The Financial Conduct Authority (FCA) has successfully secured a confiscation order against convicted fraudster John Burford, allowing victims to recover a significant portion of their investments. Following a £1 million fraud, approximately 70 victims will reclaim 99% of their lost funds, demonstrating the FCA’s commitment to tackling financial crime. For more details, see the official […]

New Wallet Withdraws 2,101 ETH from Binance Amid Whale Accumulation

A recent tweet by CryptoTwitter commentator @lookonchain highlights increased whale activity in Ethereum. A newly created wallet withdrew 2,101 ETH, valued at approximately $3.95 million, from Binance just hours ago. This accumulation trend among whales often precedes notable market shifts, drawing attention from traders and analysts alike. The Key Development In the broader context of […]

Bitmine’s $14.61M ETH Purchase Signals Growing Institutional Interest

Tom Lee’s Bitmine has made headlines with its recent acquisition of 7,500 ETH from BitGo, amounting to $14.61 million. This significant purchase was highlighted by crypto commentator @lookonchain and indicates a potential uptick in institutional interest in Ethereum. As the market navigates mixed signals, this acquisition could play a pivotal role in shaping sentiment moving […]

Major Firms Including BlackRock Back the Clarity Act

BlackRock is now supporting the Clarity Act, joining forces with leading asset managers like Fidelity, Goldman Sachs, and Charles Schwab. This move, pointed out by commentator @NateGeraci, underscores a significant shift in institutional confidence toward crypto assets. The Clarity Act aims to provide clearer regulations for digital assets, which could enhance market participation and legitimacy. […]

Stablecoin Market Sees $7.7 Billion Decline as Usage Remains Strong

The stablecoin market contracted by $7.7 billion in June, marking its most significant drop since the Terra-Luna collapse in May 2022. This reduction brought the total market capitalization to approximately $300 billion, down nearly $10 billion from its peak in May. Despite this decline, adjusted transaction volume surged to a record $1.79 trillion, reflecting persistent […]

Strategy Opens the Door to Bitcoin Sales—Michael Saylor Explains Why It Makes Sense

Strategy expects future bitcoin sales to help finance preferred stock repurchases, extending a funding strategy the company has already used while targeting disciplined buybacks of STRC and more stable trading in the preferred stock. Why Saylor Anticipates More Bitcoin Sales Michael Saylor, Executive Chairman of Strategy Inc. (Nasdaq: MSTR), revealed on July 27 in an […]