Bitcoin futures are experiencing a record high in net short interest among leveraged funds. However, this should not be interpreted as a widespread bearish sentiment among hedge funds. The underlying reason is more likely the rise of an increasingly popular…
Polkadot Treasury Allocates $14.4 Million to Boost Hydration Liquidity
Polkadot Treasury has allocated a significant 2 million DOT, valued at $14.4 million, to enhance the liquidity of the DeFi project Hydration, as per a June 10 statement shared with CryptoSlate. This funding initiative aims to bolster the liquidity and…
Ether ETF Approval Drives $69 Million Inflows in One Week
The recent developments surrounding the U.S. Securities and Exchange Commission’s (SEC) decision to permit Ether ETF have generated significant excitement and activity within the cryptocurrency investment community. This article delves into the implications of this surprise move, analyzing the resulting…
Bitfarms Adopts Poison Pill to Block Riot Platforms’ 950 million Takeover
Bitfarms Ltd., a prominent player in the Bitcoin mining industry, has taken decisive action to protect itself from an unsolicited takeover bid by its larger rival, Riot Platforms Inc. The company has implemented a “poison pill” shareholder rights plan, a…
Ether ETF Offers 5 Key Insights Into Cryptocurrency Trends
As the cryptocurrency investment landscape continues to evolve, Ether ETF emerge as a financial innovation, providing a regulated and more accessible avenue for investors to gain exposure to Ethereum. Unlike Bitcoin, often hailed as “digital gold” for its value preservation…
Bitcoin Rally Spurs IPOs and Renewed Market Optimism
Bitcoin recent surge to near-record highs has reignited interest and excitement in both the cryptocurrency market and the broader financial world. This renewed enthusiasm marks a significant shift from the somber outlook of last year, when the digital asset sector…
The SEC Closed in Salt Lake City Struggling with a Crypto Case
Key Highlights: The SEC (US Securities and Exchange Commission) is set to close its regional office in Salt Lake City. This decision stems from its ongoing crackdown on the crypto industry and unfavorable case outcomes. SEC cited “significant attrition” as…
Is Bitcoin the New Manhattan? Michael Saylor Explains Why Bitcoin Investment Is the Future
In a recent interview, Michael Saylor, the executive chairman of MicroStrategy, made a case for Bitcoin investment by likening it to Manhattan real estate. So, he said, “The apex property of the human race is Bitcoin. Bitcoin is Manhattan in…
Bakkt, initiated by NYSE’s parent considers Sale Amid Crypto Market Consolidation Trends
Bakkt Holdings Inc., the digital-asset marketplace initiated by the parent company of the New York Stock Exchange (NYSE), is currently evaluating a potential sale amidst a surge in crypto-related mergers and acquisitions. This strategic move comes as the digital-asset sector…
Hitmakr and SKALE Network Empower’s Music Industry Shift
The music industry has long been governed by a conventional framework that controls the flow of creativity and innovation. Music labels, holding considerable artistic influence, have often directed the careers of artists, determining what they release and the style of…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on…
