Author: Karly Marie
Russia’s Finance Ministry confirms it will not add crypto to the National Welfare Fund, citing volatility. The fund remains invested in gold and yuan.
After months of being held at US ports of entry, thousands of seized crypto miners have finally started moving, according to reports. The delay, which affected up to 10,000 miners, caused major headaches for Bitcoin mining firms. US Customs Releases Thousands of Crypto Miners According to Taras Kulyk, CEO of Synteq Digital, thousands of seized mining rigs have now been released: “Apparently, there were some folks in the CBP that really didn’t like Bitcoin mining, so they wanted to give the entire sector a headache, which they did quite well.” Ethan Vera, COO of Luxor Technology, confirmed that some shipments are being released, though many still remain held. Why Were the…
Bitwise investment chief Matt Hougan predicts Trump’s crypto reserve will be mostly Bitcoin and larger than expected, despite market concerns over altcoin inclusion.
Donald Trump is set to host the first White House Crypto Summit on March 7, with key industry leaders in attendance. Speculation is mounting over a potential US Bitcoin reserve announcement.
Solana’s decentralized finance (DeFi) ecosystem experienced an explosive fourth quarter in 2024, with application revenues surging by 213%. A new report from crypto research firm Messari highlights the significant role of memecoin speculation and AI-related tokens in driving this growth, positioning Solana as a dominant force in blockchain innovation. Solana’s App Revenues Hit $840M in Q4 According to Messari’s report, cumulative app revenues on Solana grew from $268 million in Q3 to an astonishing $840 million in Q4. November marked a peak, with revenues hitting $367 million, reflecting the booming interest in speculative assets. The surge was largely attributed to…
One year ago, the US financial sector watched anxiously as spot Bitcoin ETFs made their much-anticipated debut, with predictions that they could attract $30 billion in investments within a year. Fast forward to 2025, and the reality has exceeded all expectations—Bitcoin ETFs amassed $65 billion, pushing Bitcoin’s price from $43,000 to over $100,000. The iShares Bitcoin Trust (IBIT) from BlackRock set records as the most successful ETF launch in history. Now, the floodgates are opening for a new wave of crypto ETFs, including Solana (SOL), XRP, and hybrid asset funds, fueled by a pro-crypto regulatory shift under President-elect Donald Trump.…
As 2024 comes to a close, crypto analysts are assessing the year’s defining trends to predict what lies ahead. According to Gabriel Halm, a Senior Researcher at IntoTheBlock, the industry has seen remarkable growth—from Bitcoin’s dominance and meme coin mania to the Layer 2 boom and institutional investment in ETFs. With these trends evolving, analysts believe exchange-traded funds (ETFs) for XRP, Solana, and Litecoin could launch in 2025, further bridging the gap between traditional finance and crypto. Bitcoin’s Market Domination and ETF Success Bitcoin had a record-breaking year, fueled by the highly anticipated launch of Bitcoin ETFs. Surpassing its previous…
Cryptocurrency exchange Binance is under fire after Mark Longo, the owner of Peanut the Squirrel, accused the platform of using his pet’s likeness and trademark without permission to promote the PNUT-themed memecoin. Longo, who has been using the Peanut the Squirrel brand for educational and animal welfare initiatives since 2017, issued a cease-and-desist letter demanding that Binance immediately stop its alleged unauthorized use of his intellectual property (IP). The complaint alleges that Binance has violated U.S. trademark and copyright laws by leveraging Peanut’s branding to drive interest in the Solana-based PNUT memecoin. If Binance does not comply by December 31,…
Social media sensation Haliey Welch, better known as the “Hawk Tuah Girl,” made her cryptocurrency debut with the launch of HAWK, a new memecoin that quickly turned into a financial disaster. The coin skyrocketed to a $490 million market cap shortly after its launch but lost 91% of its value within just three hours, fueling controversy in the crypto community. HAWK Coin’s Meteoric Rise and Fall Welch, 22, became an internet phenomenon earlier this year after a viral interview in Nashville propelled her to fame. Leveraging her online stardom, she launched a merchandise line, a podcast, and now, a cryptocurrency.…
Solana (SOL) had a breakthrough year in 2024, reclaiming its 2021 price levels and soaring past $250. But what powered this resurgence? A combination of strategic ecosystem growth, the explosive popularity of meme coins, and the influence of the U.S. presidential election played key roles. Let’s explore how Solana positioned itself as a blockchain powerhouse and what this means for the future of crypto. Solana’s Dominance in Meme Coins Meme coins, despite their lack of fundamental utility compared to Bitcoin (BTC) or Ethereum (ETH), have become some of the most highly traded and volatile assets in crypto markets. Solana’s ecosystem…