William Lonergan Hill, co-founder and chief technology officer of Samourai Wallet, was sentenced Wednesday to four years in federal prison for operating an unlicensed money transmitting business tied to the privacy-focused bitcoin service. U.S. District Judge Denise Cote handed down the 48-month sentence in the Southern District of New York after Hill pleaded guilty in […]
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Racing Solana Demand Drives TSOL’s Arrival With Staking-Focused Upside
Accelerating demand for solana exposure is fueling a rapid expansion of new ETFs, highlighting strengthening institutional traction and staking-focused designs as 21shares pushes the momentum forward with its latest entry into an expanding market today. Issuers Ramp up Solana ETF Rollouts Amid Mounting Demand A rising number of issuers are accelerating the launch of solana […]
Read More‘Blood in the Streets’: Dave Portnoy Returns to XRP With $1 Million Purchase
Barstool founder Dave Portnoy announced on November 18 that he took advantage of the recent market downturn to purchase $1 million in XRP, $750,000 in bitcoin and $400,000 in ethereum. Timing the Market Turbulence Barstool founder Dave Portnoy revealed on Nov. 18 that he seized the recent market downturn to acquire $1 million worth of […]
Read MoreQuant Giant Renaissance Technologies Bets on Strategy’s Bitcoin-Driven Shares
The renowned hedge fund, Renaissance Technologies, disclosed a sizable stake in Strategy (MSTR), signaling fresh quantitative interest in the bitcoin-heavy firm’s equity. Renaissance Technologies Quietly Builds a Big Strategy Position Renaissance Technologies (Rentec), the legendary quantitative powerhouse known for treating markets like solvable math puzzles, recently revealed a notable position in Strategy (MSTR) in its […]
Read MorePaper Hands Fold: Glassnode Reveals Panic Selling as Bitcoin Drops Below $90K
The cryptocurrency plunged below the $90K threshold once again on Wednesday, as a multi-day sell-off persisted. Bitcoin Dips Below $90K and Paper Hands Start Panic Selling, Glassnode Says Bitcoin retreated below the $90K threshold once again, and skittish investors with so-called “paper hands” are getting the heck out of dodge in droves. At least that’s […]
Read MoreBitcoin Buckles Below $89K, Ethereum Sinks, and the Rest of the Market Gets Obliterated
On Wednesday, the crypto market coughed up a hefty chunk of value as bitcoin slipped under the $89,000 mark and ethereum dipped below $2,900. While the heavyweights took their hits, plenty of alternative assets face-planted hard enough to make even seasoned holders feel queasy. Digital Asset Devastation: Only a Handful of Coins Escape the Wreckage […]
Read MoreMike McGlone Says Bitcoin’s 200-Day Trend Has Cracked — and More Pain May Follow
Mike McGlone is dusting off one of his old calls — the kind that made headlines in 2018 — and applying it to today’s overheated crypto market. McGlone Sees a Deeper Pullback Forming The Bloomberg strategist Mike McGlone says his earlier prediction that bitcoin would “drop a zero” when it traded near $10,000 was only […]
Read MoreBitcoin and Ether Outflows Deepen as Solana ETFs See $30 Million Inflow
Bitcoin and Ether ETFs suffered yet another day of outflows, extending their multi-day losing streaks. Solana ETFs once again stood out, pulling in strong inflows despite broader market weakness. Solana Extends Rally as Bitcoin and Ether ETFs Stay Red Tuesday, Nov. 18, brought more outflows for crypto ETFs with investors draining capital from bitcoin and […]
Read MoreBuilding the Operating System of the Creator and Fan Economy – Luffa CTO Michael Liu
Luffa is the next-gen operating system for the creator and fan economy, combining wallets, identity, communication, community, AI, and mini-programs into one seamless experience. Luffa aims to become the ultimate Web3 connector that transforms attention into ownership and connection into commerce. By enabling creators, brands, and fans to participate in a shared, transactable value-driven social […]
Read MoreBitcoin Hashprice Hits Record Low as Miners Grapple With Shrinking Margins
Bitcoin’s price has taken a hefty knock this week, dragging mining revenue down with it as the price per petahash sinks even deeper than April’s slump. Miners are feeling the squeeze from the tight pricing environment and the thin onchain fees tied to newly found block rewards. Bitcoin’s Mining Math Turns Brutal as Fees Dry […]
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