Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
In a recent memo, Matt Hougan, Chief Investment Officer at Bitwise, provided a comprehensive analysis of the early adopters of Bitcoin Exchange-Traded Funds (ETFs) based on 13F filings with the SEC. His analysis highlights a notable embrace of Bitcoin ETFs by professional investment firms, signaling a potential shift in the landscape of BTC investments. Since … Read more
BlockTower Capital, a prominent digital asset investment firm, has fallen victim to a hack. The firm’s primary hedge fund is at risk due to the perpetrators successfully siphoning its assets locally. Despite efforts to apprehend the culprits and recover the stolen funds, the money remains unrecovered, and the hackers remain at large. BlockTower Capital hires … Read more
BlackRock is rapidly advancing towards becoming the leading Bitcoin fund manager globally, moving from initial skepticism about cryptocurrencies to setting ambitious targets within the crypto industry. Advancing in the Crypto Sector Just four months after its introduction, BlackRock’s spot Bitcoin exchange-traded fund (ETF) has amassed a remarkable $16.7 billion in assets. With its rapid expansion, … Read more
Robinhood’s European cryptocurrency branch has introduced Solana staking, allowing users to earn approximately 5% APY (annual percentage yield) at launch, as stated by Johann Kerbrat, the general manager of Robinhood Crypto, in an interview with Blockworks. However, this APY may vary as staking rewards fluctuate. This places Robinhood Crypto slightly below Coinbase, which offers an … Read more
Since the beginning of April, there has been a surge in the creation of new tokens, surpassing 1 million in total. Ethereum saw over 370,000 new tokens emerge, while Solana witnessed the launch of over 640,000 new tokens, primarily memecoins. Of the 372,642 new tokens introduced on the Ethereum network, a significant portion, 327,553, were … Read more
Lens, the social network infrastructure built on blockchain technology, is undergoing a major transformation with the introduction of its new platform, the SocialFi Lens Network. The Evolution of Lens Protocol: Presenting the SocialFi Lens Network This is a significant step for Lens because it expands on the work done by the original Lens Protocol in … Read more
According to Reuters, El Salvador has utilized the geothermal energy from the Tecapa volcano to mine 473.5 Bitcoin (BTC) over the past three years. With Bitcoin’s current price, this has led to a value increase of approximately $29 million. The country’s total Bitcoin holdings now stand at 5,750 BTC, equivalent to nearly $354 million, as … Read more
Vanguard, a major asset management firm, has appointed Salim Ramji, a former executive at BlackRock known for his Bitcoin-friendly stance, as its new CEO. Ramji’s involvement in overseeing the approval and launch of BlackRock’s spot Bitcoin exchange-traded fund earlier this year has led industry observers to speculate about potential shifts in Vanguard’s stance towards Bitcoin. … Read more
The price of Ethereum is aiming for a potential upward breakthrough beyond the $2,900 mark. For Ethereum to sustain its upward momentum in the short term, it needs to establish stability above key resistance levels at $2,900 and $2,940. Ethereum Price Is Expecting Another Rise Similar to Bitcoin, the price of Ethereum failed to stay … Read more
The Floki Inu community has suggested burning 15,246,000,000 FLOKI tokens, valued at $2.8 million. This proposal aims to eliminate the tokens from blacklisted wallets, as stated by the community. 15.2 Billion Burning FLOKI According to Floki Inu, a referendum in 2022 approved the burning of 15,246,000,000 FLOKI, with the community agreeing to burn any extra … Read more