A savvy NFT trader turned a profit exceeding $12 million from CryptoPunk NFT sales—earning $7.4 million in 2021 from 62 pieces and an additional $4.9 million in 2022 from 35 pieces. However, underreporting nearly $13 million in gains has led…
What does Garlinghouse say about Ripple’s legal battle outcome
Ripple has reached an important milestone in its legal dispute with the SEC. CEO Brad Garlinghouse confirmed that the case has concluded, bringing more clarity to the company’s future. This marks the end of a legal process that has shaped…
Cathie Wood Thinks Memecoins May Struggle to Stay Relevant
The rise of memecoins has taken the crypto market by storm, drawing in both excitement and skepticism. While some see these tokens as a chance for quick profits, others, like ARK Invest’s CEO Cathie Wood, remain unconvinced. She believes most…
Strategy Plans $500 Million STRF Stock Offering to Buy Bitcoin
Strategy is moving forward with a new stock offering to raise funds for its ongoing operations and Bitcoin acquisitions. The company plans to issue STRF stock, a preferred share with a fixed dividend structure. Each share is valued at $100…
OKX suspends DEX aggregator after reports of $100 million laundering
OKX, has temporarily suspended its DEX aggregator service following concerns about its use in laundering funds from a massive cyber heist. The move comes after discussions with regulators and highlights the increasing scrutiny on decentralized finance (DeFi) platforms. Why Did…
Can US crypto support hurt Europe autonomy? – Gramegna
The shifting stance of the Trump administration toward cryptocurrencies, particularly dollar-denominated stablecoins, could pose a risk to Europe’s financial independence, warns Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM). While the United States moves forward with crypto-friendly policies,…
SEC Changes Crypto Fraud Team to Smaller Cyber-Focused Unit
The U.S. Securities and Exchange Commission (SEC) has announced a restructuring of its enforcement efforts related to digital assets. This move signals a shift in the agency’s approach to addressing fraud in cryptocurrency markets and financial cybercrimes. By replacing its…
Ethereum Versus Bitcoin Why Is It Losing Ground Now?
Ethereum, launched in 2015 by Vitalik Buterin and his co-founders, has long been a cornerstone of blockchain innovation. As a platform known for introducing smart contracts and hosting decentralized applications (dApps), Ethereum positioned itself as a sophisticated alternative to Bitcoin.…
JPMorgan Predicts Altcoin ETF Inflows Could Reach $14 Billion
Cryptocurrency exchange-traded funds (ETFs) are being closely watched by investors and analysts. JPMorgan estimates that proposed ETFs for Solana and XRP could see notable investments if approved by regulators. These funds would add more variety to the options available in…
Do Trump Memecoins Impact Credibility in Digital Assets
Donald Trump and Melania Trump recently introduced their own memecoins, stirring conversations in the cryptocurrency world. The tokens quickly became a topic of interest, with significant market activity reflecting their polarizing nature. While some view these launches as innovative, others…