News

BlackRock Bitcoin ETF Investors Hold the Line as Markets Rebound

As Bitcoin briefly plunged below $50,000 Monday, investors in BlackRock’s spot Bitcoin ETF were among some of the most steadfast investors in the crypto market. Despite Bitcoin’s price falling 10% in the past week, investors in BlackRock’s $19 billion product haven’t flinched, so far. While some spot Bitcoin ETFs have seen millions of dollars in outflows over the past few days, the iShares Bitcoin Trust (IBIT) has held the line. After IBIT flows were flat Monday and Tuesday, the fund saw inflow...

The Open Network's TON Token Jumps Over 8% Following Binance Listing

The Open Network's native currency Toncoin (TON) is up by 8.2% on the day, following an announcement that crypto exchange Binance would list the token.  Per data from CoinGecko, TON is currently treading at $6.17, having surged to a peak of $6.41 Thursday morning. However, the token remains down on the week by almost 9%, following Monday's crypto market crash. ? @binance, the world’s largest digital asset exchange, has listed $TON! Users can now trade TON in pairs with BTC, USDT, FDUSD, and TR...

Another Trump Meme Coin Has Pumped and Dumped—Here's What Happened

Yet another Trump-themed memecoin has soared and cratered—and no, it isn’t officially tied to the actual Trump family. Yet that’s what people seemed to think of the “Restore the Republic” (RTR) token, whose market capitalization ripped to over $100 million within an hour of its launch on Thursday. As of writing, however, its value has plummeted back to $9.2 million, according to DexScreener, which is a more than 90% reversal. Another Solana-based RTR token launched at roughly the same time and f...

Blast Memecoin Pacmoon Migrates to Solana, Rebrands to ARMY

Blast meme coin Pacmoon (PAC) is migrating to Solana, less than four months after launching on the Ethereum layer-2 scaling network. The move will see the token renamed ARMY, as revealed by a promotional Twitter video. As per Pacmoon’s official site, users are encouraged to connect their Blast wallet, enter their Solana address, then burn their PAC tokens in order to be airdropped ARMY tokens—at an exchange rate of 1 PAC for 10 ARMY.  WE ARE MIGRATING TO SOLANA pic.twitter.com/UGoocA1V3U — PACM...

OneCoin ‘Cryptoqueen’ Ruja Ignatova’s Assets Frozen by UK Court

London’s High Court has issued a worldwide freeze order for the assets of alleged OneCoin fraudsters, including those of the infamous ‘Cryptoqueen’ Ruja Ignatova. According to an announcement shared with Decrypt, the case—initiated by over 400 victims of the OneCoin Ponzi scheme—resulted in a freeze order on the assets of Ignatova and OneCoin co-founder Sebastian Greenwood, along with Christopher Hamilton, and Robert MacDonald. Hamilton and MacDonald allegedly helped launder the funds on behalf...

Solana ETF Approved by Brazilian SEC

Brazil's Securities and Exchange Commission (CVM) has approved a spot Solana exchange-traded fund (ETF). According to local business publication exame, the ETF, created by Brazilian asset manager QR Asset and operated by fund administrator Vortx, is in a pre-operational phase, pending approval by Brazilian stock exchange B3. The ETF will reference the CME CF Solana Dollar Reference Rate, created by CF Benchmarks and the Chicago Mercantile Exchange (CME). Speaking to exame, QR Asset manager and c...

Kamala Harris Presidential Odds Tie With Trump’s on Polymarket

Vice President Kamala Harris is now tied with former president Donald Trump at 49% among bettors looking to predict the next occupant of the White House on crypto prediction platform Polymarket. The wager is the single largest betting pool on the site, with over $541 million riding on the contest. The milestone comes the day after Harris announced Minnesota Gov. Tim Walz as her running mate—a development that confounded Polymarket users that had heavily favored Pennsylvania Gov. Josh Shapiro. K...