The new platform lets investors buy fractional ownership in Dubai property, with title deeds tokenized on the XRP Ledger network. What to know: The Dubai Land Department (DLD), a government agency for the real estate industry, has launched its first tokenized real estate platform as part of a government-backed effort that could see $16 billion […]
Glassnode data shows all wallet cohorts are now accumulating, with options markets pricing in potential upside beyond $200K in June. What to know: Bitcoin BTC$109,790.15 has entered a strong accumulation phase across all wallet cohorts for the first time since January, signaling renewed bullish sentiment as the largest cryptocurrency trades above $110,000, an 18% gain over the […]
A longtime vocal critic of bitcoin, Dimon said the bank he runs will now let clients to buy the crypto. What to know: Clients of JPMorgan Chase (JPM) will soon have the option to buy bitcoin BTC$106,663.37, according to CEO Jamie Dimon, who spoke at the bank’s annual Investor Day on Monday, signaling a shift in […]
Smerkis worked for Binance from 2022 for just under two years. What to know: Vladimir Smerkis, Binance’s former Russia division head, was arrested in Russia for being connected to a large-scale criminal fraud case, local media outlet TASS reported on Sunday. Zamoskvoretsky District Court, which resides in Moscow, granted an investigator’s request to detain Smerkis, an […]
BTC nears golden cross, as Moody’s downgrade validates bond markets’ concerns about the sustainability of the U.S. fiscal debt. What to know: Bitcoin’s BTC$105,295.70 price chart is echoing a bullish pattern that foreshadowed the late 2024 price surge from $70,000 to $100,000 amid mounting concerns over the sustainability of the U.S. debt. The leading cryptocurrency by market […]
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback. What to know: FTX creditors are set to receive over $5 billion in distributions starting May 30, as part of the second phase of the bankrupt exchange’s court-approved recovery plan, […]
Most of the individuals were arrested this week in California. What to know: U.S. Department of Justice (DOJ) has charged 12 individuals for stealing over $263 million in crypto. The individuals are linked to an earlier investigation where scammers were able to siphon off over $243 million from a Genesis creditor. According to blockchain sleuth […]
Elevated Treasury yields are driven by factors that are bullish for bitcoin. What to know: Hardening government bond yields, especially on U.S. treasury notes, have traditionally been viewed as a headwind for bitcoin (BTC) and other risk assets. However, recent persistent resilience in treasury yields suggests a different story — one driven by factors that […]
The Michael Saylor-led company now holds 568,840 bitcoin. What to know: Fresh off the heels of last week’s Strategy Conference, Strategy (MSTR) has resumed its bitcoin (BTC) accumulation, purchasing an additional 13,390 BTC. The company spent approximately $1.34 billion at an average price of $99,856 per bitcoin, according to a filing published on Monday. This latest acquisition […]
Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money. What to know: CORRECTION (May 9, 11:58 UTC): Corrected headline, first bullet to say Trump-family linked firms profited millions from TRUMP token. Added details in the 11th paragraph about the creators of the token and their […]