The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, recently shared insights on the future of spot Bitcoin exchange-traded funds (ETFs) during a 20-day road trip he embarked on. His observations shed light on the current state of adoption and allocation trends among investors and institutions. Hougan’s encounters with financial advisors revealed a stark contrast
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The US and UK governments have initiated a collaborative investigation into cryptocurrency transactions exceeding $20 billion that are suspected of violating Russian sanctions. Bloomberg News reported on March 28 that these transactions, believed to have been channeled through the Russia-based crypto exchange Garantex, are allegedly aimed at bypassing international sanctions in order to potentially finance
In recent weeks, Bitcoin bulls have regained control, bringing a bullish sentiment back to the market after a period of price dips. One clear indicator of this bullish outlook is the impressive amount of inflows into Spot Bitcoin ETFs. Farside Investors reported a significant increase in inflows on March 27, with the Spot Bitcoin ETFs
The recent surge of meme coins on the Solana blockchain has created a frenzy, with Christ is King leading the pack with an astounding increase of over 770,000% in just 24 hours. The token launched on March 26 and experienced a meteoric rise, reaching an all-time high of $0.0011 before facing a significant retracement. Despite
Blockchain gaming is a revolutionary concept that has been gaining momentum in recent years. By merging blockchain technology with traditional video games, players now have the ability to truly own their in-game assets and potentially earn real-world value from them. This unique proposition has piqued the interest of many gamers and investors, leading to the
The recent sanctions imposed by the US Department of the Treasury and its Office of Foreign Assets Control (OFAC) on the Palestinian news network Gaza Now have sent shockwaves through the crypto world. The Treasury sanctions not only targeted Gaza Now but also designated several crypto addresses associated with the news network and its affiliates,
Illuvium is a highly anticipated blockchain gaming series that is set to take the gaming world by storm. With its universe preparing to unfold, the developers have announced the Beta 4 testing schedule, starting with Private Beta 4 on April 30th, 2024. This marks a significant milestone in the development of Illuvium, offering selected players
The recent drop in the price of Cardano (ADA) below the $0.7 mark has left many investors puzzled. One plausible explanation that has emerged for this decline is the reduction in whale transactions on the network. Data from the crypto analytics platform Santiment reveals that transactions involving $100,000 or more have decreased since March 14,
The recent surge in the price of Bitcoin has attracted the attention of large investors known as whales, who hold at least 1,000 BTC in their wallets. These whales have been taking advantage of the dip in Bitcoin’s price to accumulate more coins, with the number of addresses holding at least 1,000 BTC increasing by
In recent days, KuCoin, a prominent cryptocurrency exchange, has faced a significant surge in withdrawal requests following the announcement of criminal charges by US authorities. Various on-chain analytics firms, such as DefiLlama, Nansen, and SpotOnChain, have reported a sharp increase in withdrawals across different categories of traders, including whales, funds, smart money, and market makers.
The cryptocurrency market has seen a significant surge in meme coins recently, with coins like DogWifHat (WIF) and Dogecoin (DOGE) leading the charge. DogWifHat has experienced a remarkable 42% increase in value over the last seven days, while Dogecoin has surged by 37%. These gains have outpaced more traditional cryptocurrencies like Bitcoin and Ethereum, which
Recently, major crypto exchange KuCoin, in addition to its two founders, has come under fire for allegedly failing to implement anti-money laundering (AML) and know-your-customer (KYC) procedures. Prosecutors claim that this lack of AML and KYC protocols on KuCoin allowed the platform to be utilized for laundering illicit funds derived from criminal activities. In a
Portugal’s National Data Protection Commission (CNPD) has made the decision to ban Worldcoin from collecting biometric data for a period of three months. The reasons behind this ban are related to the company’s alleged failure to verify the age of its members, leading to the collection of data from minors without proper parental consent. Additionally,
The meme coin market has been buzzing with excitement as new coins like LIGMA token and Dogecoin20 gain traction among investors. These coins promise significant returns and unique value propositions, making them attractive investment opportunities for many. In this article, we will delve into the current price trends of LIGMA token and explore whether Dogecoin20