Ethereum (ETH) traded at $2,100 at the time of writing, up almost 1% over 24 hours and 4% over the past seven days. The move comes as onchain data shows fresh accumulation by a long-term Ethereum holder, even as US spot Ether ETFs continue to record outflows. Summary Ethereum wallet thomasg.eth adds $19.5M in ETH
UBS, the Swiss multinational investment bank and one of the world’s largest wealth managers, has obtained final approval from the Office of the Comptroller of the Currency (OCC) to convert UBS Bank USA into a nationally chartered bank, the company announced in a LinkedIn post. With the national charter, UBS aims to bolster its US
Both assets have been sluggish on the weekly chart, but will that change for the better soon? Two of the largest and most popular altcoins might be prone to big upward moves ahead, at least according to Ali Martinez, who outlined the TD Sequential as the indicator suggesting these breakouts. Namely, those are DOGE,
The Hong Kong Police Cyber Crime Bureau has issued a warning after a 66-year-old retired man fell victim to three separate cryptocurrency scams. Summary A Hong Kong senior loses HK$6.6M in three separate cryptocurrency scams. Police warn against transferring money or crypto to strangers to avoid fraud. Fraudsters impersonating experts tricked the victim into losing
OpenAI plans to almost double its workforce to about 8,000 employees by year’s end as it ramps up its enterprise strategy and catches up with rivals, the Financial Times reported Saturday. Hiring will span engineering, research, product, sales, and customer-focused deployment roles designed to increase business adoption of its tools. The expansion comes as Sam
Bitcoin is still in recovery mode, but the pace has cooled as the price runs into a heavier resistance cluster in the low-to-mid $70,000s. The market has already bounced meaningfully from the February washout near $60,000, yet the latest price action shows that buyers are now being forced to prove they can do more than
The crypto market saw several important developments today, including a warning from Hong Kong authorities about cryptocurrency scams, a new filing from Grayscale for a crypto-based ETF, and progress on the CLARITY Act in the U.S. Here’s a quick overview of the major events. Summary Hong Kong senior lost HK$6.6M in three crypto scams involving
Worldcoin, the digital identity and token distribution project co-founded by Sam Altman in 2019, appears to have offloaded 117 million WLD tokens worth about $39 million through over-the-counter sales, according to Lookonchain. Worldcoin appears to have sold 117M $WLD($38.7M) via OTC. Today, Worldcoin deposited 117M $WLD($38.7M) to #Binance and #FalconX, and then received 35M $USDC.https://t.co/k7ewApTkoO
What would Morgan Stanley’s involvement in Bitcoin mean for the market? Well, some are saying it’s a massive bet. International investment bank Morgan Stanley has taken yet another step toward launching its very own spot Bitcoin exchange-traded fund (ETF). The institution filed a second amendment for the proposed product, signaling its growing commitment to
Ripple has issued a warning regarding the rise of scam accounts impersonating the company on Telegram. The company clarified that it does not have an official Telegram channel, urging users to stay vigilant against potential fraud. Summary Ripple confirms it has no official Telegram channel for support. Scammers use Ripple branding and CEO photos to