Content Writer

Metaplanet to raise over $11.7 million in bonds to buy Bitcoin (BTC)

November 19, 2024 1 min read

Japan-based Metaplanet, listed on the Tokyo Stock Exchange, has announced plans to deepen its Bitcoin (BTC) investments. On November 18, the company revealed it would issue ¥1.75 billion (approximately $11.7 million) in one-year bonds at a 0.36% interest rate to fund additional BTC purchases. Already holding over 1,000 BTC, Metaplanet aims to cement its position as a leading Bitcoin treasury in Japan. Often compared to U.S.-based MicroStrategy for its aggressive

Nearly $4 billion in Bitcoin and Ethereum options expire

November 17, 2024 1 min read

Nearly $4 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire today, raising concerns about potential market volatility. With $3.4 billion in Bitcoin and $581 million in Ethereum options at stake, traders anticipate possible price fluctuations, especially as both assets have experienced recent declines. Bitcoin’s put-to-call ratio of 0.85 and Ethereum’s 0.92 indicate a bullish market sentiment, with more bets on price increases (calls) than decreases

Bitcoin’s surge propels Coinbase and Robinhood to top app rankings

November 15, 2024 1 min read

The recent Bitcoin (BTC) rally has sparked a resurgence in retail interest, driving cryptocurrency trading apps like Coinbase and Robinhood to climb global app store rankings. Coinbase made a dramatic leap from 435th to 9th place, reflecting renewed enthusiasm among retail investors eager to engage with Bitcoin’s rising value. Robinhood also surged to 13th, while CashApp ranked 30th, signaling increased demand for accessible trading platforms. Historically, Bitcoin price spikes have

Litecoin partners with Coinut to launch Wrapped Litecoin (WLTC) on Ethereum

November 13, 2024 1 min read

Litecoin (LTC) has teamed up with Coinut, a crypto exchange based in Singapore, to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain. This exciting development allows Litecoin holders to tap into Ethereum’s diverse features, such as staking, lending, and decentralized applications (dApps), enhancing the overall utility and liquidity for Litecoin users. The WLTC will maintain a 1:1 value with Litecoin, facilitating smooth transactions between the two networks. Coinut’s CEO, Xinxi

Bitcoin trading volume hits over $62 billion after BTC surges over $80K

November 10, 2024 1 min read

Bitcoin has made headlines today by hitting a remarkable all-time high of over $80,000, currently trading at around $79,688. This represents a modest increase of 0.96% over the last 24 hours, with a trading volume nearing $62 billion, bringing its total market capitalization to an impressive $1.52 trillion and a market cap ratio of 3.38%. The recent surge in Bitcoin’s price reflects strong demand, bolstered by positive technical indicators and

First Neiro On Ethereum (NEIRO) reaches a new all-time high of $0.002496

First Neiro On Ethereum (NEIRO) reaches a new all-time high of over $0.0025

November 9, 2024 1 min read

On Friday, Bitcoin (BTC) maintained its position around $76,000 during Asian trading hours, following a remarkable peak of $77,183. Other prominent crypto like Ethereum (ETH), Solana (SOL), Cardano (ADA), and Chainlink (LINK) also experienced gains, contributing to an overall Market Fear & Greed Index score of 72, indicating a sentiment of greed among investors. In the midst of this bullish trend, a new memecoin called First Neiro On Ethereum (NEIRO)

Bitcoin hits new all-time high of over $75K as Trump dominates

November 6, 2024 1 min read

Bitcoin has recently surged to an impressive new high of over $75,000, largely influenced by a significant $94 million liquidation of bearish positions against it, according to Coinglass data. This spike coincided with early voting results favoring Republican candidate Donald Trump, who is seen as more supportive of the cryptocurrency industry compared to his Democratic counterpart, Kamala Harris. As Trump’s chances of winning the presidency climbed to 85% on betting

Coinbase executives face accusations of downplaying regulatory dangers to shareholders

Coinbase uncovers FDIC letters urging banks to avoid crypto services

November 3, 2024 1 min read

Coinbase has recently brought to light that the U.S. Federal Deposit Insurance Corporation (FDIC) has been advising banks to avoid offering services related to cryptocurrency. Through a Freedom of Information Act (FOIA) request, Coinbase uncovered over 20 letters from the FDIC, dating back to March 2022, which express concerns about consumer protection, financial stability, and the security of institutions involved with crypto. This has raised alarms among crypto supporters, who

1inch compromised by major hack in supply chain attack

November 2, 2024 1 min read

A recent security breach has hit the decentralized exchange aggregator 1inch and other platforms like TEN Finance, stemming from malicious code embedded in the Lottie Player animation library. This vulnerability affects versions 2.0.5 and later of Lottie Player, allowing unauthorized transactions that jeopardize users’ funds and personal information. Experts are urging users to steer clear of these platforms until the issues are fully addressed. The attack originated from compromised JSON

YouTuber MrBeast faces allegations of profiting millions from alleged crypto “pump-and-dump” schemes

October 31, 2024 2 mins read

YouTube sensation James Donaldson, widely recognized as MrBeast, has found himself in a whirlwind of controversy this year, shifting from a beloved figure known for his charitable acts to one facing serious allegations. The latest claims suggest he may be tied to over 50 cryptocurrency wallets involved in questionable trading practices. The troubles began when Ava Kris Tyson, a close friend of MrBeast, faced accusations of inappropriate behavior with a

Robinhood reports over $14 billion in Q3 crypto trading volume

October 31, 2024 1 min read

In the third quarter of 2024, Robinhood saw a remarkable surge in its crypto trading volume, hitting $14.4 billion—a 114% jump compared to the same period last year, although it was down 33% from the previous quarter. The company’s latest earnings report showcases not only an increase in users and assets but also a broader engagement with Web3 initiatives, highlighting its ongoing dedication to the cryptocurrency space despite some revenue

BlackRock’s Bitcoin ETF hits $3.36 billion in trading volume