Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE
Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of this year.
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Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.
Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday.
Crypto Remains Sidelined as EU Election Kicks Off
The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU’s landmark Markets in Crypto Assets legislation starts coming into effect.
VanEck Sees Ether Hitting $22K by 2030
Ether’s 2030 valuation is forecasted at $2.2 trillion, driven by $66 billion in free cashflows and $15 trillion TAM potential, VanEck writes
Florida Man Pleads Guilty to Wire Fraud Conspiracy Tied to Forcount Crypto Ponzi
Juan Tacuri, oe of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal prosecutors announced Wednesday.
Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices
One market observer noted “very concentrated call buying” looking to profit from a rally to between $74,000 and $80,000 by the end of this month.
The Protocol: Another Episode in the Layer-2 Teams Drama
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
Advocacy Group ‘Stand With Crypto’ Says It’s Exceeded 1 Million Signups
Stand With Crypto, a digital assets advocacy group backed by Coinbase Inc., said it signed up its first million members as of Wednesday.
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says
U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said.
IOTA Kickstarts EVM Targeting DeFi, Real World Assets
The EVM will let developers build applications with smart contracts that run on the IOTA network.