An investigation carried out by blockchain sleuth Zackxbt has found that the trend where individuals ask for funds on social networks and promote their meme coin launches has grown in popularity. Almost $150 million has been raised on Solana after Book of Meme (BOME), the token that pioneered this trend, launched earlier this month.
Meme Coin Presale Trend Goes Popular on Solana
The meme coin…
Peter Schiff Highlights Problem With Owning Bitcoin ETF — BTC Investors Respond Self-Custody Is Key
March 22, 2024
Gold bug Peter Schiff has highlighted a problem with owning spot bitcoin exchange-traded funds (ETFs). However, the issue Schiff pinpointed isn’t unique to bitcoin ETFs. This discussion has reignited calls for self-custody among crypto proponents.
Peter Schiff’s Warning…
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
March 22, 2024
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian…
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused on developing solutions in the digital assets space that help solve real problems for our clients.”
Coinbase to Work…
Economists Rally Behind Honduras in $10.8 Billion Legal Fight Over Crypto Island Project
March 21, 2024
A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which…
SEC Requests More Funding to Regulate Crypto Sector
March 21, 2024
The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s efforts to regulate the crypto sector. “We’ve seen the Wild West of the crypto markets, rife with noncompliance,” SEC Chair Gary…
Salvadoran Press Raises Doubts on Piggy Bank Funds' Ownership: 80% of BTC Came From Bitfinex
March 20, 2024
Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran journalist, found that 80% of the funds in this wallet came from Bitfinex, an international exchange, while 20% came from Chivo Wallet, the national…
Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a 'Psychological Shift'
March 20, 2024
Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting that until now the bitcoin price action has been driven primarily by retail investors. “But it’s the institutions that we’ve started…
A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market…
Dogecoin and Shiba Inu Pumping Again as Dogecoin20 ICO Nears 2M – Sponsored Bitcoin News
March 19, 2024
The original meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are enjoying a rebound, with both cryptos rising over 10% since yesterday.
This bullish price action has caught the interest of retail investors and suggests that the meme coin hype cycle is far from over.
Meanwhile, the buzz around Dogecoin20’s (DOGE20) ICO is building rapidly – over $1.8 million in funding has already been…
