11.2 million Solana (SOL) valued at $2.06 billion will be unlocked from FTX’s bankruptcy auction. FTX’s past sales: 41 million SOL previously sold to institutional investors like Galaxy Digital, Pantera Capital, and Figure. The release is part of the bankruptcy asset liquidation plan following FTX’s collapse. What’s the significance: The unlock could introduce selling pressure,
Bitcoin’s bull market is accelerating, fueled by institutional adoption, Trump’s pro-crypto policies, and soaring ETF inflows, with analysts citing a confluence of positive catalysts ahead. Bitcoin Bull Market Is Loading—Here’s What’s Fueling the Surge Bernstein analysts believe bitcoin is entering its next major rally, driven by institutional investment, government policies, and the growing impact of
Nigeria has sued Binance for $81.5 billion for running an unlicensed operation and tax evasion. Nigeria Demands Binance Pay for Economic Harm The Nigerian government has reportedly filed a lawsuit against Binance, seeking $79.5 billion in compensation for “economic losses” and $2 billion in back taxes. The lawsuit, filed in Federal High Court in Abuja,
The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled within that same timeframe, while spot bitcoin ETFs have amassed more than $40
A “state-managed investment fund focused on Bitcoin and other high-market-cap cryptocurrencies …” was introduced to Texas legislators this week as Senate Bill 21 (SB 21); a bill colloquially referred to as “The Texas Bitcoin Reserve Act.” SB 21 was sponsored by State Sen. Charles Schwertner (R-Georgetown), as revealed by in-depth coverage from Texas Policy Research (TPR),
A Chainalysis report reveals that cryptocurrency has become a critical tool for capital flight in Iran as geopolitical tensions and economic instability drive individuals and businesses to bypass stringent financial sanctions. Report Shows Economic Turmoil and Sanctions Push Iranians Toward Cryptocurrency Cryptocurrency outflows from Iran surged to $4.18 billion in 2024, marking a 70% year-over-year
Australian police have busted an organized crime syndicate responsible for a string of burglaries on bitcoin ATMs and collectible card stores across Melbourne. The investigation led by Victoria Police’s North West Metro Regional Crime Squad resulted in the arrest of four men and the recovery of stolen items worth tens of thousands of dollars. Since
This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. The decentralized world of digital finances is gradually reshaping industries, and the online gaming sector has been influenced a lot by this disruptive technology. Bety.com stands out in this transformative phase of
Most people don’t get Bitcoin right away. It’s not because they’re dumb. It is because money itself is a weird, broken system that we’re all just used to. Dave Birnbaum was no exception. When he first encountered Bitcoin in 2013, he wasn’t thinking about decentralization, censorship resistance, or the future of finance. He was just
The Bitcoinik.com team’s findings suggest that people should not now wait for more bull sentiments in the crypto market because this phase of the crypto bull run has changed dramatically, where every big player is playing his own game. Summary Bitcoin is likely to face a downfall in the short term, with chances to hit