Everything web3, crypto, defi, degen
In brief Four years ago, El Salvador made Bitcoin legal tender in the country. The country has been in the spotlight since then as its Bitcoin-loving president becomes a larger player on the world stage. President Bukele claims he still buys Bitcoin for the country—but the IMF says otherwise. Bitcoin advocates around the world are…
In brief Bitcoin’s hash rate surged to 1.12 billion TH/s on September 12, marking a new record high. The surge in hash rate has also adjusted Bitcoin difficulty to an all-time high of 136.04T. Experts suggest this outlook has historically preceded an explosive price surge. After Bitcoin’s recent price surge saw it breach a two-week…
In brief The price of Dogecoin has risen by nearly 20% over the last week. A publicly traded Dogecoin treasury has announced $125 million worth of DOGE purchases this week. Rex-Osprey will launch a Dogecoin ETF in the U.S. on Friday. Dogecoin is one of crypto’s biggest gainers over the last week, beating majors like…
In brief Another Bitcoin whale moved a chuck of their crypto. The whale had not moved their $50 million in BTC for nearly 13 years, blockchain data shows. A number of long-term investors have started moving digital coins after years of dormancy since this year. Another long-term Bitcoin whale awakened on Thursday, moving a chunk…
In brief Crypto traders bought and sold a handful of Charlie Kirk meme coins after the conservative influencer was assassinated on Wednesday, generating millions. The token creators and top five traders collectively profited more than $2 million, prompting meme coin traders to question whether an ethical line had been crossed. Some believe profiting off death…
In brief China-based Mogu said Thursday that its board had approved allocating $20 million in Bitcoin, Ethereum, and Solana. The fashion company’s Nasdaq-listed shares were recently up 76%. Mogu’s board of directors had approved a plan to spend $20 million on cryptocurrencies and crypto-related securities. Shares of Nasdaq-listed fashion company Mogu soared on Thursday after…
In brief Solana is outperforming its major peers and Myriad predictors think a new all-time high is coming by the end of 2025. TROLL has been one of the best performing meme coins of the summer, but predictors feel a dump is likely. Predictors are confident that SharpLink Gaming will not eclipse its first ETH…
In brief 21Shares launched a new ETP tied to dYdX’s native token, extending regulated access to one of the largest decentralized derivatives protocols. The product follows 21Shares’ earlier DeFi ETPs including Aave and Uniswap launched in 2022, becoming Europe’s largest crypto ETP issuer with 48 products. DYDX was chosen because it “adds a distinctive dimension”…
In brief Rising demand from ETFs and DATs has scooped up 8.40% of Ethereum‘s market cap, according to digital asset bank Sygnum. Crypto-friendly regulation under Trump’s administration has helped drive massive capital inflow into Ethereum. The successful Pectra upgrade also played a key role in shaping Ethereum’s value proposition, analysts argued. Ethereum’s renewed bullish momentum…
In brief Two technicians were arrested for allegedly setting up eight illicit crypto mining rigs. Running the hidden mining rigs inflated monthly electricity bills for care homes. Illegal crypto mining has become a growing problem globally. Hong Kong police have detained two men on suspicion of diverting electricity from care homes for the disabled to…
