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Errol Musk plans to raise $150M–$200M through “Musk It” token to fund a for-profit think tank, Musk Institute. Musk It surged 1780% after Errol’s endorsement, but skepticism remains due to unclear roadmap and memecoin volatility. Elon Musk has no involvement in Musk It and previously called Errol a “terrible human being” in his biography. Errol…
OKX and Crypto.com secured full MiCA licenses, enabling seamless crypto services across 30 EEA markets for 400+ million users. OKX offers 240+ crypto tokens, 260 trading pairs, free euro deposits, and diverse trading tools like bot trading. MiCA’s harmonized framework empowers long-term crypto growth, with Europe emerging as a hub for blockchain innovation. OKX and…
21Shares now has an active Solana staking ETP on the SIX Swiss Exchange. The product will enable access to SOL with staking rewards accruable. 21Shares is driving crypto ETP advancements with some related products under its management. 21Shares AG, a leading name in the crypto exchange-traded product (ETP) space, has unveiled a new product to…
JUP surged 6% in 24 hours, reaching $0.97 with a 200% increase in trading volume. Jupiter announced a $3.6 billion token burn and a buyback program aimed at strengthening fundamentals. Half of the protocol’s fee revenue will fund token buybacks, while the other half supports growth and operational stability. As the cryptocurrency market faces a…
Aptos demonstrates significant ecosystem growth, with over 200 active applications and a tenfold increase in DeFi activity during the past year. The transition from bridged lzUSDC to native USDC will be gradually implemented through collaboration with LayerZero-based bridge providers. USDC’s expansion continues with 78% year-over-year circulation growth in 2024, positioning it as the fastest-growing major…
Mark Cuban acknowledged Shiba Inu’s strong community-driven approach. SHIB holds a $11.7 billion market cap, despite a 7% drop in the past 24 hours. Shytoshi Kusama stated Shiba Inu’s focus on delivering real-world value beyond its memecoin origins. American venture capitalist and businessman Mark Cuban, who has previously the meme coin market, has recently shared…
Bitpanda’s MiCA license will allow it to operate across all 27 EU member states. CEO Eric Demuth insists that effective enforcement is extremely important for MiCA to succeed in regulating crypto markets. Crypto exchange Bitpanda is the latest crypto firm to have obtained the European Union’s (EU) highly coveted Markets in Crypto-Assets (MiCA) license. According…
Company’s strategic stock-to-Bitcoin conversion demonstrates successful leverage of capital markets, with $17.7 billion in unrealized profits from BTC investments. Proposed stock expansion to 10.3 billion shares and positive BTC yield of 1.69% indicate strong momentum in MicroStrategy’s crypto-focused strategy. Institutional impact spreads as companies like KULR and Metaplanet follow suit, while Bitcoin supply on exchanges…
BoJ raised interest rates to 0.5% after 17 years, driven by 3.6% CPI, exceeding 3.4% expectations. Bitcoin and major altcoins gained 3-6%, with Bitcoin at $105,108 and Ethereum at $3,394. Altseason Index above 53, investors expect 500% surge in altcoins, with potential $6.48 trillion market cap. For the first time in 17 years, the Bank…
Spanish law enforcement agencies have frozen $26.4 million in illicit crypto funds. The authorities partnered with Tron, Tether and TRM Labs to achieve this feat. There is a growing effort to combat crypto crime in the industry. Spanish law enforcement agencies have taken significant action against international financial crypto crime in partnership with blockchain giants…