Author: John Smith

Bitcoin mined has crossed the 19.96 million mark, meaning over 95% of Bitcoin in existence has been issued. The largest cryptocurrency could soon experience a scarcity amidst fast-paced BTC withdrawals from exchanges. U.S. President Donald Trump’s plan for a strategic Bitcoin reserve and developments like institutional adoption and Layer 2 rollout on BTC could catalyze demand for the digital asset.  Bitcoin scarcity and BTC demand drivers Bitcoin supply on exchanges decreased by nearly 15% since the declaration of the U.S. Presidential election results in November 2024. In the same timeframe, supply outside of exchanges has climbed from 17.99 million to…

Beijing-based venture capital firm Gaorong Ventures has reportedly backed HashKey Group with $30 million, valuing the operator of Hong Kong’s top crypto exchange at $1.5 billion. Hong Kong-based HashKey Group has secured a $30 million investment from Beijing’s Gaorong Ventures, making it a rare move by a Chinese firm into the crypto space, Bloomberg has learned, citing people familiar with the matter. Gaorong Ventures, which has previously backed Chinese internet giants like Meituan and PDD Holdings, invested in HashKey at a pre-money valuation of over $1 billion, a figure that has remained mostly unchanged since the company reached unicorn status…

A report shared with crypto.news shows that one of the largest crypto exchanges received around $80 million in Tether’s stablecoin from Hamas-linked exchange. Four major cryptocurrency exchanges, including Binance and Gate.io, collectively received $78 million in Tether (USDT) through “indirect transactions” linked to a company sanctioned by Israel for allegedly aiding Hamas, according to a recent investigation by blockchain forensic firm Global Ledger shared with crypto.news. In late January, Israel‘s National Bureau for Counter Terror Financing ordered the seizure of crypto wallets and accounts tied to the Dubai Company for Exchange, also known as El-kahira for General Trading. The Jan.…

The United States Securities and Exchange Commission has officially acknowledged Grayscale’s filings for spot XRP and Dogecoin exchange-traded funds, kicking off the review process that could see these crypto funds hit the market later this year. On Feb. 13, the commission published notices for Grayscale’s Form 19b-4 filings, a procedural step before the start of a 240-day window to review and decide on the applications.  The countdown begins once the filings are entered into the Federal Register, which typically happens within days after the commission acknowledges applications. If processed soon, a final decision could come by mid-October. Commenting on the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BLEM enters the spotlight with its GambleFi protocol as ADA and DOGE stage a slight rebound. The crypto market shows promising signs of recovery as Cardano (ADA) and Dogecoin (DOGE) post impressive gains. Meanwhile, an emerging GambleFi protocol, BitLemons (BLEM), is capturing significant investor attention with its revenue-sharing model. BitLemons to transform the $450b casino industry The crypto gaming sector has a new rising star, BitLemons, which has already secured an impressive $1 million in private seed funding. What…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin is on track for a potential rebound to $0.50, but investors are also turning their attention to Panshibi, a new meme coin bringing real utility to the market. The meme coin market is shifting, but Dogecoin and Shiba Inu remain at the forefront. Investors are watching closely, with Dogecoin poised to reclaim $0.50 in March. However, a new contender is generating just as much buzz, Panshibi (SHIBI). Unlike most meme coins that rely purely on community hype, Panshibi…

IP crypto surged by as much as 81.4% in the past 24 hours of trading after the project secured listings on multiple exchanges following its Layer-1 mainnet launch. According to data from CoinGecko, Story’s token rose to an intraday high of $2.16 on Feb. 14, with its market cap standing at $456 million. The rally was accompanied by a massive surge in demand and activity, with its daily trading volume soaring by over 400,000% to hover around $347 million. IP was one of the best-performing assets in the crypto market on the day and was trending on Coingecko when writing.…

Ethereum developers have announced that the highly anticipated Pectra upgrade will launch on April 8. The launch date was disclosed on February 13 during the All Core Developers Execution (ACDE) Call #205. According to Tim Beiko, Ethereum Foundation Protocol Support Lead, the Pectra upgrade will first go live on the Holesky testnet on February 24 and Sepolia on March 5. On April 8, the upgrade will be completed when Pectra is activated on Ethereum’s mainnet. The increase of Ethereum’s blobspace from three to six blobs in each block is among the most important improvements in Pectra. By doing this, Layer…

High-yield investment scams as well as pig butchering scams received the most crypto among scam sub-classes, at 50.2% and 33.2% respectively, a study shows. Long-term scams, called pig butchering, where victims are slowly tricked into making bigger crypto payments, jumped 40% year-over-year. These scams, mostly run from big fraud hubs in Southeast Asia, have spread to other areas recently. According to data compiled by blockchain forensic firm Chainalysis, pig butchering scammers have evolved over the past year to diversify their business model beyond the “long con” of scams to “quicker turnaround employment or work-from-home scams that typically yield smaller victim…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors weigh Binance Coin’s rebound against Rollblock’s revenue-driven stability in the search for the most promising crypto. The recent resurgence in Binance Coin has caught many by surprise. Despite a swift climb past the $600 mark, a growing pool of investors remains unconvinced that BNB offers the best crypto to buy now. Meanwhile, Rollblock (RBLK) continues to attract fresh capital, and some analysts argue that its revenue-sharing framework provides a more stable path to gains. Below, we examine what…