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Crypto treasury company Sharplink, which resumed buying Ether last week after an eight-month pause, has bought a total of $62.4 million worth of Ether since Thursday. Onchain data from Arkham shows that after Sharplink bought 5,000…
Cryptocurrency markets experienced a brutal sell-off this week as investor concerns grew over stagnating US liquidity following US President Donald Trump’s nomination of Kevin Warsh to lead the Federal Reserve.Bitcoin exchange-traded funds (ETFs) recorded three consecutive days of outflows, with…
In a video interview, Samson Mow shares his views on Bitcoin’s latest bloodbath, quantum fears and the catalysts that could drive Bitcoin’s next recovery.In an exclusive Cointelegraph interview, Bitcoin OG Samson Mow shares his perspective on Bitcoin’s latest massive crash,…
Galaxy Digital Inc. (Nasdaq: GLXY) has authorized a share repurchase program of up to $200 million, allowing the company to buy back its Class A common stock over the next 12 months.According to a company announcement, the repurchases may be…
The Edo State Government and the Nigerian National Petroleum Company (NNPC) Limited say they will collaborate to establish a 10,000 barrels-per-day condensate refinery in the state. Patrick Ebojele, the spokesperson to Governor Monday Okpebholo, disclosed this in a statement issued…
Bitcoin (BTC) rebounding is now “highly probable” as BTC price action sets another bearish record.Key points:Bitcoin has never traded so far below its 200-day moving average, data shows.BTC price action is due “mean reversion” as a result.Analysis describes a “macro-driven”…
Political action committees (PACs) representing the interests of the crypto industry have already secured millions of dollars in funding as the US heads toward its midterm elections.Super PACs are the uber-rich, no-limits, non-disclosure counterparts to crypto PACs. Last year, the…
Key takeawaysPrivacy coins are just a step in a broader laundering pipeline after hacks. They serve as a temporary black box to disrupt traceability.Hackers typically move funds through consolidation, obfuscation and chain hopping and only then introduce privacy layers before…
The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sector’s rapid expansion in 2021. The retracement unfolded alongside a broader crypto market downturn over the past two weeks, CoinGecko…
ARK Invest, the asset manager led by prominent Bitcoin bull Cathie Wood, has shifted from buying to selling Coinbase stock, as the shares dipped 13% and hit multi-month lows.On Thursday, ARK offloaded 119,236 Coinbase (COIN) shares, valued at roughly $17.4…
Pump.fun has acquired crypto trading terminal Vyper, which will wind down its standalone product and migrate its infrastructure into the Solana memecoin launchpad’s ecosystem.On Friday, Vyper said core parts of its product will begin shutting down on Tuesday, while limited…
The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’, has confirmed the death of one of its officers, Assistant Superintendent of Customs Mustapha Akiyode, who was fatally shot by suspected smugglers during an ambush in Ogun State. Akiyode was killed…
Bitcoin exchange-traded funds (ETFs) continued to see outflows on Thursday, shedding almost $1 billion over the past two days as debate grows over their potential impact on the market.Data from SoSoValue shows that spot Bitcoin (BTC) ETFs recorded $434 million…
The Chartered Institute of Bankers of Nigeria has commended Abia State Governor, Alex Otti, for the notable economic progress recorded in the state under his leadership. The President and Chairman of the Council of the CIBN, Prof. Pius Olarenwaju, made…
Metaplanet’s CEO Simon Gerovich doubled down on the company’s Bitcoin-first strategy as the wider crypto market suffered one of its harshest drawdowns since 2022.“[T]here is no change to Metaplanet’s strategy. We will steadily continue to accumulate Bitcoin, expand revenue and…
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill.US Treasury Secretary Scott Bessent has told Congress that traditional and crypto…
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