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Bitcoin accumulation hits decade high among ‘Shark’ cohort

Quick Take The digital asset market is witnessing an accelerated phase of Bitcoin (BTC) accumulation across two distinct cohorts: Shrimps and Sharks. The “Shrimp cohort” refers to retail investors holding less than one Bitcoin who have traditionally increased their holdings steadily. Currently, this group is exhibiting its most …

This post was published at CryptoSlate

Coinbase sees third-largest Bitcoin withdrawal in a year with $1.1 billion moved in a day

Quick Take Coinbase exchange witnessed a massive withdrawal of approximately 16,100 BTC, valued at $1.1 billion, on March 28. According to data from Arkham Intelligence, this substantial outflow occurred in two separate transactions, with the first involving roughly 8,100 BTC worth around $574 million and the second comprising 8,000 BTC valued at …

This post was published at CryptoSlate

/ Bitcoin, BTC, Coinbase, Crypto Currency

Bitwise Enters Race for Ethereum Spot ETF

The move comes after the firm’s Chief Investment Officer said delayed approvals would be better for the market.

This post was published at Decrypt

/ Crypto Currency, ETF, Ethereum

‘Som Bonkmon Fraud’: SBF Meme Coins Pump 300x, Then Crash After Sentencing

A tale–like fraud–as old as time: Meme coins inspired by disgraced FTX co-founder Sam Bankman-Fried pumped and dumped amid courtroom drama.

This post was published at Decrypt

SBF’s ambitions went too far, judge says when handing down 25-year sentence


Judge Kaplan said that Bankman-Fried, although ‘exceptionally ambitious,’ was ultimately a reckless gambler

This post was published at Blockworks

/ Crypto Currency, Sbf

What’s Next for Ethereum NFT Game ‘Parallel’ and Solana’s ‘Colony’ After $35 Million Raise

Parallel Studios just revealed a $35 million raise after launching the card battler in open beta. Here’s how it will use the funding.

This post was published at Decrypt

/ Crypto Currency, Ethereum, Nft, Solana

Bitwise CIO expects institutions to inject over $1 trillion into Bitcoin via ETFs

Bitwise CIO Matt Hougan said institutions will inject more than $1 trillion into Bitcoin via ETFs over the coming year as due diligence is completed and further exposure is approved. Hougan shared his perspective in the latest weekly investor note from the company, where he reflected on the challenges and opportunities facing investors in the …

This post was published at CryptoSlate

Dogwifhat Hits All-Time High, Flips Pepe as Meme Coins Soar

Meme coins are doing extremely well in the middle of a flat market, and WIF is having its best day ever.

This post was published at Decrypt

/ Crypto Currency, FHA

Bitwise files spot Ethereum ETF application

Bitwise has filed its application for a spot Ethereum ETF with the SEC on March 28. The company submitted an S-1 form for a fund titled the Bitwise Ethereum ETF. Like other similar applications, the fund aims to provide exposure to the value of ETH held in its trust. The submission includes several vital details, notably that Bitwise aims to list …

This post was published at CryptoSlate

/ Crypto Currency, ETF, ETH, Ethereum, Government, SEC

These AI Tokens Are All Up Over 30% This Week Amid Plans to Merge

Fetch AI, SingularityNET, and Ocean Protocol soar as their respective communities prepare to vote on their collective future.

This post was published at Decrypt

/ Ai, Crypto Currency, Politics

Court rules in favor of Apple in class action over crypto payment policies

A California judge dismissed a class action lawsuit against Apple that accused the tech giant of imposing restrictions on third-party crypto payments on March 26. District Judge Vince Chhabria said the complaint contained “several fatal problems,” including inadequately alleged agreements between Apple and other payment services. He …

This post was published at CryptoSlate

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