Pine Ridge Advisers, a registered investment advisor (RIA) based in New York, has invested a significant $205 million across different Spot Bitcoin ETFs. These funds are managed by major industry players like BlackRock, Fidelity, and Bitwise. This move further contributes to the increasing institutional adoption of Bitcoin ETFs. The surge in institutional interest in U.S….
A recent analysis by Crypto Banter delves into a noteworthy development that extends beyond the cryptocurrency realm, symbolizing a broader ideological shift. The study zooms in on a resurgence ignited by a post from Roaring Kitty, also known as Keith Gill, famed for his involvement in the GameStop short squeeze. Gill’s post hints at a…
The price of Binance Coin (BNB) has entered a downtrend, falling below the $600 mark. Technical indicators suggest the possibility of further short-term declines. Key support levels to watch for include $560, $550, and $532. Because of recent ups and downs in the crypto market, the price of Binance Coin (BNB) has started a clear…
Alexey Pertsev, the developer of Tornado Cash, has been sentenced to 64 months in prison by a Dutch court. The sentence comes as a result of his role in crypto money laundering, which amounted to $1.2 billion. The ruling was made by the court in s-Hertogenbosch on Tuesday, May 14. Tornado Cash Developer Faces Legal…
Ripple Labs Inc. has asked to pause the part of its ongoing court case with the U.S. Securities and Exchange Commission (SEC) that focuses on finding solutions. They made this request on May 13, 2024, to prevent Ripple’s private information from becoming public. Ripple worries this could harm its business and competitive advantage. Additionally, Ripple…
In the cryptocurrency market, Tether, the largest issuer of stablecoins globally, has drawn attention for its recent move against a phishing group. Tether took action by freezing about 5.2 million USDT from 12 addresses, as reported by the crypto tracking platform MistTrack. These addresses were flagged as “banned addresses” by MistTrack due to their association…
In the past day, Shiba Inu (SHIB) saw its price rise by 4.07%, while Dogecoin (DOGE) recorded a smaller increase of 1.48%. This occurrence is quite rare in their trading history and has led to speculation about how these meme coins will perform in the future. Some believe that SHIB might soon surpass DOGE in…
Toncoin (TON) experienced a decline from April 21st to May 1st, but has since been on the rise, along with its price. In recent days, Toncoin has outperformed Bitcoin, showing gains of 21.36% over the past seven days and 4.98% in the last 24 hours, according to CoinMarketCap. In contrast, Bitcoin has seen a 2.84%…
Today, the cryptocurrency market is looking better, with many top coins gaining value on Monday morning. Dogecoin (DOGE) stands out as one of the biggest winners, rising by 6.37% for the day. Dogecoin is also witnessing a huge surge in trading activity, showing a remarkable level of interest in the coin at the moment. The…
The Shiba Inu (SHIB) community is on high alert due to a significant warning about airdrops. Deceptive offers, specifically aimed at the SHIB community, have been circulating online, prompting caution among members. Airdrops, often used to give out new tokens as promotions, have unfortunately become a breeding ground for scams. Scammers take advantage of the…