Variational, the peer-to-peer derivatives trading protocol on Arbitrum, just announced a $1.5 million strategic funding round and a new referral program for its trading platform, Omni. Funding and Growth The funding round saw participation from Mirana Ventures, Caladan, Zoku Ventures, and other partners. This follows a successful $10.3 million seed round in September 2024 and…
A 24-year-old man suspected of masterminding a series of high-profile cryptocurrency kidnappings in France has been arrested in Morocco. International Cooperation Leads to Arrest Moroccan authorities apprehended Badiss Mohamed Amide Bajjou, a Franco-Moroccan national, following an Interpol red notice issued by France. The arrest, which took place in Tangier, was praised by French Justice Minister…
Senator Cynthia Lummis, a key figure in the Senate’s digital assets subcommittee, believes the US military is on board with a plan to create a massive Bitcoin reserve. This idea, however, isn’t universally popular. The Military’s Bitcoin Strategy Lummis claims military leaders see Bitcoin as crucial for national security, especially in economic conflicts with countries…
Bitcoin recently hit a new all-time high of $111,900, but some analysts are sounding the alarm bells. They believe a significant price drop, even below $100,000, is still possible. Let’s look at why. Bearish Predictions: A Crash is Coming? Several analysts are pointing to factors that could trigger a Bitcoin price crash: Geopolitical Uncertainty: The…
A Spanish coffee company, Vanadi Coffee, is making a huge bet on Bitcoin. They’re proposing to spend a whopping $1.13 billion (€1 billion) to buy Bitcoin, completely changing their business from coffee to being a “crypto-first” company. The company’s board will vote on this risky plan on June 29th. A Coffee Company’s Financial Troubles Vanadi…
Bitcoin’s price has remained surprisingly stable despite a recent surge in profit-taking by investors. Let’s dive into the details. Investors Cashing Out Big Time Data from Glassnode, a blockchain analytics firm, reveals a significant increase in Bitcoin profit-taking. Their “Realized Profit” metric tracks the total profit investors make when they sell or transfer Bitcoin at…
Bitcoin’s price swings often scare away investors. But what if adding Bitcoin to your portfolio didn’t mean taking on more risk? That’s the idea put forward by Matt Hougan, a top investment guy. He suggests a rethink of how Bitcoin fits into your investments, potentially boosting returns while keeping things stable. Beyond the Basic Bitcoin…
Cardano’s founder, Charles Hoskinson, thinks Bitcoin needs a major overhaul. He’s calling for a “crypto-native Bretton Woods” – a system where Bitcoin anchors a stablecoin system, completely independent of traditional banks. Why Bitcoin Needs a Bretton Woods Moment Hoskinson argues that Bitcoin was created as a reaction to the 2008 financial crisis. He’s worried that…
Ethereum’s recent price action is making waves. After briefly surpassing $2,600, it’s now consolidating, but experts are optimistic. Ethereum Holds Strong Above Key Support Despite some market uncertainty, Ethereum (ETH) is holding its ground above important support levels. This resilience is fueling hope for a major altcoin rally, often called “altseason.” While the overall crypto…
Is Ethereum’s recent price surge a mirage? One analyst thinks so, predicting a significant drop. Warning Signs for Ethereum According to crypto analyst Master Ananda, Ethereum’s price is showing some serious warning signs. After hitting a recent high near $2788, it’s now trading around $2605 and struggling to break through key resistance levels. Ananda’s analysis…
