Meme coins have an important role to play in crypto
    30 Jun 2024

    Meme coins are often seen as jokes, destined to just fade away. But what if they are crucial to crypto? Traditional finance laughs, but meme coin investors might be pioneering new financial strategies. Success stories abound — $1,000 in Dogecoin (DOGE) turning into $2 million, Shiba Inu transforming tiny investments into life-changing sums. Are these investors…

    Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’
    30 Jun 2024

    Ethereum’s outspoken co-founder, Vitalik Buterin, recently expressed his frustration over the current state of cryptocurrency regulation and offered up a surefire solution to the problem. Responding to a user on Warpcast, a social media platform built on the Farcaster protocol, Buterin described a situation where current regulatory efforts have essentially painted good-faith cryptocurrency developers into…

    Spot Ethereum ETF launch delayed by SEC comments
    30 Jun 2024

    The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC). According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has taken additional time to return the S-1 forms submitted by prospective…

    Bitcoin activity drops to lowest level since 2010
    29 Jun 2024

    The ratio of active Bitcoin addresses has plummeted to its lowest level since November 2010, according to onchain data from IntoTheBlock. In June, the weekly active wallet ratio dropped to a low of 1.22% while peaking at 1.32%. The month’s highest ratio was last seen in November 2010. Additionally, the total number of active wallets…

    Court allows most SEC claims to proceed in Binance suit
    29 Jun 2024

    Cryptocurrency exchange Binance has failed to convince a United States court to dismiss most claims made against it by the country’s securities regulator. Claims related to Binance’s staking program, the sale of BNB after its initial coin offering and anti-fraud violations will proceed, Judge Amy Berman Jackson stated in a June 28 court filing. The security regulator’s claim…

    Bitcoin ‘wholecoiners’ hold above 1 million mark for 13 months
    28 Jun 2024

    The number of Bitcoin “whole-coiners” — a name given to addresses holding one or more Bitcoin — has remained above 1 million for the last 13 months. The one million “wholecoiner” milestone was first reached on May 13, 2023, when Bitcoin was trading at just $27,000, according to data from Glassnode. This number of wholecoiner wallet addresses reached…