Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of $1 million. Arkham’s findings revealed that the most proficient of these sniping addresses achieved a staggering gain of over a million dollars, accomplishing this feat in under 40 minutes.
Lone…
Solana Mobile Announces Saga Successor: Chapter 2
January 19, 2024
Solana Mobile, a subsidiary of Solana Labs, has announced the release of a new phone named Chapter 2. The new phone, whose technical specs have not been announced yet, is projected to be a lower-cost alternative to its Saga sibling, priced at $1,000 on its release…
In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana's Advances
January 19, 2024
Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s U.S. X account now sports a…
Ethereum's Dencun Upgrade Successfully Launches on Goerli Testnet After Initial Hiccups
January 19, 2024
The Ethereum network has successfully implemented the Dencun upgrade on its Goerli testnet. This achievement comes as a part of Ethereum’s ongoing effort to introduce cost-effective data storage solutions on its blockchain.
Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay
The highly anticipated Dencun upgrade, also known as “Cancun-Deneb,” successfully went live on the Goerli…
Ark Invest Diversifies Crypto Holdings, Buys $15.9 Million of Its Own Spot Bitcoin ETF
January 19, 2024
Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF.
Cathie Wood’s Ark Invest Redirects Millions to In-house Bitcoin ETF
Ark Invest, led by fund manager Cathie Wood, has made several trades based…
Grayscale's GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
January 19, 2024
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of…
Peter Schiff Predicts Bitcoin Bloodbath — Expects SEC Chair Gary Gensler to Introduce 'New Onerous Crypto Regulations'
January 19, 2024
Economist and gold bug Peter Schiff has predicted that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler “will soon introduce new onerous crypto regulations” that will result in “a sharp decline” in the price of bitcoin. Schiff expects the new regulations to focus on anti-money laundering (AML) rather than securities law.
Peter Schiff’s Crypto Predictions: Onerous…
Monica Long, president of financial and cryptocurrency services company Ripple, has given her take on the presence of cryptocurrency industry actors at the World Economic Forum (WEF) event at Davos. Long stated she considers it “critical” for the cryptocurrency industry…
Financial authorities are preparing to issue cryptocurrency mixing-specific regulations in South Korea to stop criminal groups from using these tools to launder funds obtained illegally. The Korean authorities are discussing whether to allow virtual asset service providers…
Tether Criticizes UN Report for Ignoring USDT’s Role in Helping Developing Economies
January 18, 2024
Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According to Tether, the stablecoin’s use of public blockchains means every transaction is trackable, making it “an impractical choice for illicit activities.”
Developing…
