Author: Admin-aX9d7
The dog-themed bonk inu (BONK) token on Solana could be one to watch for in the coming weeks as a new token issuance platform uses part of its fees to buy the token, with nearly $1 million generated in the first three days after launch.Letsbonk.fun, built by members of the BONK community and Raydium, went live late Sunday as a Bonk-focused token issuance platform. A portion of fees will help secure and support the Solana network by using the BONKsol validator, per tweets, with over 10,000 tokens already issued.As of Tuesday, the biggest tokens on Letsbonk.fun are HOSICO ($30 million…
15h05 ▪ 4 min read ▪ by Fenelon L. The United Arab Emirates is taking a new step in its ambition to become a global hub for cryptocurrencies. The Abu Dhabi sovereign wealth fund ADQ, the conglomerate International Holding Company (IHC), and First Abu Dhabi Bank (FAB) announced on Monday their collaboration to create a stablecoin backed by the dirham, fully regulated by the Emirati central bank. In Brief The sovereign fund ADQ, the IHC conglomerate, and First Abu Dhabi Bank (FAB) are launching a stablecoin backed by the United Arab Emirates dirham. This project will be fully regulated by…
On April 14, someone put in a sell order for 2,500 bitcoin, worth roughly $212 million, on the Binance order book at $85,600, around 2-3% above the spot prices trading at the time. Seeing such a large order, the bitcoin price started to gravitate to this level at around 17:00 UTC. Suddenly, the order was gone, as seen using Coin Glass data, which caused a brief moment of market apathy as bulls and bears tussled to fill a void in liquidity.The bitcoin price at the time, however, was already on shaky ground due to geopolitical concerns. Subsequently, it went lower…
16h05 ▪ 8 min read ▪ by Mikaia A. Mark Carney’s election as leader of the Liberal Party of Canada paused a few breaths. For some Canadians, this victory was no longer a surprise. Even on the PolyMarket platform, crypto bettors had given Carney a 79% chance of winning the race. This change in leadership came in an increasingly tense political climate, notably with rising trade tensions between Canada and the United States. Carney, former governor of the Bank of Canada and the Bank of England, is about to take on a key role in an uncertain economic context, and…
There’s something that stands out about Monday’s suspicious transfer of more than 3,520 BTC ($330.7 million) to privacy coin monero (XMR), a conversion that blockchain sleuth ZachXBT said was probably linked to a hack: coordinated activity in the derivatives market.Monero, which obscures the sender’s and recipient’s addresses to provide an untraceable currency, has limited liquidity on exchanges, which makes it harder for users to transact without affecting the market and exposes them to slippage, the chance of the price changing for the worse before the deal is finalized. The decision to go through an illiquid cryptocurrency is unusual. Tether’s USDT…
In brief Bitcoin ETF inflows have exceeded $3 billion over five trading days while gold ETFs experienced $1 billion in outflows, creating a $4 billion gap between them. According to analysts, Bitcoin is outperforming gold ETFs because it serves as a better hedge against U.S. asset reallocation, evidenced by rising Treasury yields and declining demand. Standard Chartered predicts Bitcoin will reach new record highs, with targets of $120,000 by the end of Q2 and $200,000 by year-end despite today’s slight market decline. Bitcoin ETF inflows in the U.S. have topped $3 billion over the past five trading days, with data…
Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner.Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.
Enacting a Bitcoin treasury strategy changes more than reserve composition. It redefines capital strategy, risk posture, and market positioning—especially for companies preparing for public markets. For pre-IPO companies considering or building a Bitcoin treasury strategy, the decision between remaining private or transitioning to public life is not simply regulatory. It is a strategic choice that impacts capital access, shareholder alignment, treasury scalability, and long-term competitiveness. Understanding the differences between public and private Bitcoin treasury strategies is essential for companies positioning themselves for the next stage of growth. Strategic Advantages of Being a Public Bitcoin Treasury Company Access to Public Capital…
Key takeaways:Strong Ethereum ETF inflows signal high institutional demand.Ethereum’s $51.8B TVL and 30% DEX weekly volume rise show robust network strength.A bull flag pattern on the ETH’s four-hour chart targets $2,100.Ether’s (ETH) price rose to a new range high at $1,860 on April 28, its highest value since April 2.Several analysts argue that the ETH price needs to hold above $1,800 to increase the chances of rising higher.“Once ETH confirms this 4H close above resistance [$1,800], Ether and altcoins will finally get their time to shine,” trader Kiran Gadakh said in an April 29 post on X. “I can feel it…
In brief Miden, a zero-knowledge blockchain protocol spun out of Polygon Labs, raised $25 million in a round led by a16z crypto, 1kx, and Hack VC. The funding will support Miden’s mainnet launch, early adopter incentives, and expansion of its 17-person team. Miden aims to rival Solana and Aptos by offering privacy-preserving transactions and plans a future airdrop tied to POL token holders. Zero-knowledge-powered blockchain system Miden has raised $25 million to spin out of Polygon Labs and grow its own ecosystem. The raise was led by a16z crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital,…