After a prolonged period of outflows, Grayscale’s Bitcoin Trust (GBTC) ETF has recorded a significant positive net inflow for the first time in 78 days. According to preliminary data from Farside, on May 3rd, GBTC witnessed a substantial influx of $63 million. This turnaround follows a challenging period that started...

Coinbase, the largest cryptocurrency exchange in the United States, has taken a significant step forward by integrating the Bitcoin Lightning Network, enabling users to send and receive Bitcoin more rapidly and at lower costs than ever before. This development marks a milestone in the effort to streamline cryptocurrency transactions on...

Tesla has updated its official website to provide comprehensive details on its new policy of accepting Dogecoin as a payment method for select products. This groundbreaking move, now allowing customers to purchase certain items using Dogecoin, showcases the Dogecoin symbol next to the order button on Tesla’s website. Buyers simply...

Whale investors have recently shown a keen interest in accumulating significant amounts of ERC-20 tokens, particularly PEPE, LINK, and UNI, signaling a bullish trend in the Ethereum-based assets. This trend, worth over $9 million in tokens, not only emphasizes the potential growth of these specific tokens but also underscores the...

Alexander Vinnik, the co-founder of the cryptocurrency exchange BTC-e, has pleaded guilty to money laundering charges, acknowledging his role in a massive illicit operation that spanned from 2011 to 2017. The United States Department of Justice (DOJ) revealed on May 3 that under Vinnik’s leadership, BTC-e facilitated over $9 billion...

The TON blockchain is set for an exciting year with its 2024 development roadmap introducing new functionalities aimed at reshaping its ecosystem. Among the anticipated updates are a stablecoin toolkit, sharding mechanisms, and native bridges to major cryptocurrencies like BTC, ETH, and BNB. These enhancements, although not yet dated, are...

Coinbase, a leading cryptocurrency exchange in the United States, and its CEO Brian Armstrong are now embroiled in a new class action lawsuit. The litigation, spearheaded by the law firm Scott+Scott in the Northern District of California, represents plaintiffs Gerardo Aceves, Thomas Fan, Edwin Martinez, Tiffany Smoot, Edouard Cordi, and...

In a recent gathering at the annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska, Warren Buffett shared his cautious perspective on artificial intelligence (AI), likening its potential impact to that of nuclear weapons. The event, held on May 4, 2024, drew attention as Buffett elaborated on the possible dangers and...

Despite ongoing controversies, Worldcoin (WLD) has experienced an unexpected rise, stirring interest across the cryptocurrency landscape. Originating in mid-2023, Worldcoin has faced skepticism primarily due to its biometric data collection via devices dubbed “orbs.” Users voluntarily scan their biometric data for token grants, raising significant privacy and security concerns. Nevertheless,...

Mike Novogratz, the billionaire founder and CEO of Galaxy Digital, recently shared his insights on the potential impacts of an impending Federal Reserve (Fed) rate cut on Bitcoin (BTC) and precious metals. Broadcasting to over 466,200 followers on social media platform X, Novogratz conveyed his perspective on how this economic...