Ethereum Gas Fee Slumps to Lowest Level in Five Years: Data
Gas fees on the Ethereum network have been declining since March 2024, but last week, they hit a level not seen in the past five years. Data on the crypto…
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World’s Third-Largest Pension Fund NPS Acquires $34M of MicroStrategy Shares
The National Pension Service (NPS) of South Korea purchased nearly $34 million in MicroStrategy (MSTR) shares during the second quarter of 2024. With significant investments in other crypto companies, NPS…
Will Bitcoin Keep Falling After $1.4B BTC Options Expire?
On Friday, August 16, around 24,300 Bitcoin options contracts will expire, with a notional value of around $1.4 billion. Today’s options expiry event is smaller than last week’s, so its…
Why ZCash’s Price Topped the Crypto Charts Last Week?
Zcash was the leading crypto token on the market cap leaderboards last week. By Tuesday, the coin remained the fifth top gainer among crypto assets behind Aptos (APT) at #4,…
Binance Agrees to $1.76M Settlement with Brazilian Authorities
Binance, the largest crypto exchange, has finally reached a settlement with Brazilian regulators for $1.76 million over unlicenced derivatives trading allegations. This comes after an investigation into the exchange, which…
Bitcoin Price Crashes Below $57K as Total Liquidations Exceed $200 Million
Bitcoin’s price has been crashing in the past 24 hours, charting a decline of around 3.6% on the day. This brings BTC’s weekly losses to above 4%, as the cryptocurrency…
State of Wisconsin Investment Board Increases IBIT Holdings to Nearly 2.9M Shares
The State of Wisconsin Investment Board (SWIB) has announced increasing its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by 447,651 shares. The latest addition brings its total to over 2.89…
How Much Sahil Arora Profited by Creating Celebrity-Backed Meme Coins?
Sahil Arora, who has been associated with a series of high-profile celebrity-backed meme coins, reportedly netted approximately $3 million this year, according to blockchain investigator ZachXBT. This figure starkly contrasts…
Centralized Exchanges Reclaimed by Hackers as Ransomware Payments Soar in 2024: Chainalysis
While overall illicit transactions have decreased since last year, there has been a notable rise in – stolen funds and ransomware. The amount of stolen funds in crypto scams has…
Marathon Digital Purchases $250M in Bitcoin (BTC) After Raising $300M Through Senior Notes
Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining companies, has bought approximately $249 million worth of Bitcoin. The purchase was funded by successfully closing a $300…
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