DOJ Approval for Silk Road Bitcoin Sale – $1.6 Billion Selling Pressure from XRP Investors

DOJ Approves Sale of Silk Road Bitcoin A federal judge has authorized the U.S. Department of Justice (DOJ) to sell 69,370 Bitcoins (worth approximately $6.5 billion) seized from the Silk...

Sol Strategies’ Major Investment Plan for Solana Ecosystem – Canada’s New Leader Candidate Poilievre’s Support for Crypto and DeFi

Sol Strategies’ Major Investment Plan for the Solana Ecosystem Sol Strategies (formerly Cypherpunk Holdings), a publicly traded firm focused on the Solana ecosystem, has secured a C$25 million credit line...

Michael Barr Resigns from Federal Reserve – Solana Surpasses Ethereum and Base in 24-Hour DEX Volume

Michael Barr Resigns as Vice Chairman of the Federal Reserve Michael Barr, a staunch advocate of stablecoin regulation and the Federal Reserve’s Vice Chairman for Oversight, has announced that he...

US Job Growth and the Trump Effect – Record Revenues and New Protocols in DeFi

US Job Growth and the Trump Effect Ripple CEO Brad Garlinghouse said that 75% of Ripple’s open positions are now US-based, citing optimism about Donald Trump’s upcoming presidency. Trump, a...

Bitcoin Turns 16 – Record Withdrawals in BlackRock’s Bitcoin ETF

Bitcoin Turns 16! Since its creation by Satoshi Nakamoto 16 years ago, Bitcoin has transformed from an experimental digital currency into a trillion-dollar asset. Today, at $100,000, Bitcoin is the...

Celsius Appeals FTX Decision – Buterin Supports Tornado Cash

Celsius Appeals FTX Decision Celsius has appealed a judge’s decision to dismiss its $444 million bankruptcy claim against FTX. Initially seeking $2 billion in damages for alleged defamatory statements by...

Ethereum Surpasses Bitcoin in Long-Term Investor Retention in 2024 – Record Trading Volume on DEXs in December

Ethereum Surpasses Bitcoin in Long-Term Investor Retention in 2024 In 2024, Ethereum overtook Bitcoin in long-term investor retention at 75.06%, surpassing Bitcoin’s 62%, indicating growing market confidence in Ethereum. Although...

Solana ETF Move from Volatility Shares – Ethereum NFT Volume Tops with PENGU

Solana ETF Move from Volatility Shares Volatility Shares has filed for ETFs offering exposure to Solana futures with 1x, 2x and -1x leverage options, but there are currently no such...

New ETFs for Bitcoin Treasuries from Bitwise and Strive – $21 Million Bitcoin Investment and Treasuries Strategy from KULR Technology

Bitwise and Strive Launch New ETFs Focused on Bitcoin Treasuries Crypto-focused asset managers Bitwise and Strive Financial have filed for new ETFs that invest in companies with significant bitcoin treasuries,...

Sonic Labs Launches Sonic Gateway – Do Kwon’s Refund Appeal Denied

Sonic Labs Launches Sonic GatewaySonic Labs has launched Sonic Gateway, which enables 1:1 conversion of FTM tokens on Ethereum to S tokens on the Sonic blockchain. The Gateway also supports...

US Spot Bitcoin ETFs Hit Record $1.2 Billion Series of Outflows – Hyperliquid Sees Record Fund Outflow on North Korea Hack Allegations

US Spot Bitcoin ETFs Hit Record $1.2 Billion Outflow Streak US-based spot Bitcoin ETFs have seen a significant outflow totaling $1.2 billion in three days, the longest streak since Donald...

Metaplanet’s Record Bitcoin Purchase – Trump’s Crypto-Friendly Appointments

Metaplanet Makes Record Bitcoin Purchase Japan-based investment firm Metaplanet has made its largest-ever Bitcoin purchase, purchasing 620 BTC (worth around $60.6 million) despite the recent 9.8% drop in the price...

Bo Hines Appointed as Crypto Council President – Michael Saylor Proposes Strategic Bitcoin Reserve

Bo Hines Appointed as Crypto Council Chair President Donald Trump has appointed former college football player and GOP House candidate Bo Hines as the Executive Director of the Presidential Council...

SEC Approves Bitcoin-Ether Index ETFs – MicroStrategy May Halt Bitcoin Purchases in January

SEC Approves Bitcoin-Ether Index ETFs The SEC has taken a significant step toward crypto adoption by approving Hashdex and Franklin Templeton’s Bitcoin-Ether index ETFs. Hashdex’s Nasdaq Crypto Index US ETF...

Fed Cuts Interest Rates, But Less Cuts Expected in 2025 – Bitcoin Below $100,000 on Powell’s Statements

Fed Cuts Interest Rate, But Smaller Cuts Expected in 2025 The Federal Reserve lowered interest rates to 4.25%-4.50%, but signaled that fewer rate cuts would be made in 2025, particularly...