Tether Supports Web3 Growth with a $2M Arcanum Fund Investment
The issuer of one of the most traded cryptocurrencies, USDT has made its first dubbed in the venture capital investment, Tether has invested nearly $2 million in Arcanum Capital’s Arcanum Emerging Technologies Fund II.Arcanum Emerging Technologies Fund II is a tokenized fund focused on the development, advancement, and growth of
Toncoin Market Performance Slips with Open Interest Falling to $141M
Toncoin (TON) has recently seen its Open Interest (OI) in the futures market plummet to $141 million, marking its lowest point in the past nine months. Open Interest, which reflects the total value of outstanding futures contracts, is a vital indicator of market sentiment and liquidity. As per Cryptoquant data, a
Richard Heart, the founder of Hex, receives a red notice from Interpol
Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice. Issued at the request of Finnish authorities, it follows allegations of tax fraud and assault in the country. Tax Fraud and Assault Charges The Red Notice
In December 2014, 43,000 XRP was purchased with 1 BTC. What’s Happening Today
In a recent post on X, crypto investor and analyst Dom (@traderview2) highlighted an intriguing observation regarding XRP’s performance relative to Bitcoin (BTC). Dom pointed out that in December 2014, one Bitcoin could purchase 43,000 XRP. Today, despite Bitcoin’s significant price appreciation over the years, one Bitcoin still buys 43,000 XRP. This
Bybit Proof Of Reserve Displays USDT, ETH, And BTC Changes
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and USDT at $4.11B (+29.77%), showcasing asset fluctuation trends. Bybit Proof of Reserve Highlights Asset Fluctuations Bybit’s 17th Proof of Reserve snapshot shows significant variations in user asset levels. Following the latest report on November 13, BTC
Ethereum spot ETF net inflow reaches $145m
According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec. 17, indicating growing institutional trust in financial instruments backed by Ethereum. With a notable $135 million inflows on the day, BlackRock’s ETHA topped the inflows and now has the most net inflow of
Pudgy Penguins Price Prediction: PENGU Plunges 54% After Launch As This Vote-To-Earn Meme Coin Presale Surpasses $7 Million
The Pudgy Penguins price plunged 54% in the last 24 hours to trade at $0.03117 as of 11:14 p.m. EST on trading volume that climbed to $2.2 billion. The PENGU price drop came after the non-fungible token (NFT) project’s much anticipated Dec.17 airdrop. Pudgy Penguins has distributed approximately half of
SOL Nears $260 Peak as Solana Leads Blockchain Ecosystems in 2024
Solana has retained its position as the most popular blockchain ecosystem in 2024, commanding 38.8% of global investor interest, according to a recent CoinGecko report. While Solana’s ecosystem dominance has faced a slight decline, dropping 10.5% since Q1, it continues to outperform competitors with its low gas fees, rapid transaction speeds,
Arkham Exchange Launches In US, Institutions Deepen Bitcoin Holdings
Arkham, a prominent blockchain data firm, has announced the launch of its spot trading platform in the United States. This marks a significant expansion of its services. This introduction comes after their earlier announcement about a perpetual contract exchange. However, the perpetual contract service was not available in the U.S.
In the $1 billion lawsuit over the removal of wBTC, Coinbase defends its token delisting policies.
Coinbase has responded to the $1 billion lawsuit filed by BiT Global Digital, defending its token listing practices. The lawsuit accuses the exchange of anticompetitive behavior for delisting Wrapped Bitcoin (wBTC) in favor of its own Coinbase BTC (cbBTC). Coinbase Reaffirms Its Listing Standards After the lawsuit was filed, Coinbase’s chief legal
