Crypto News
Bitcoin Enters Strongest Accumulation Phase Since January as BTC Price Passes $110K
Bitcoin BTC has entered a strong accumulation phase across all wallet cohorts for the first time since January, signaling renewed bullish sentiment as the largest cryptocurrency trades above $110,000, an 18% gain over the past month. Glassnode's Accumulation Trend Score has reached its maximum value of 1.0, indicating broad-based, aggressive accumulation by investors irrespective of the amount of BTC they already hold. The metric evaluates the relative strength of buying by different wallet sizes, factoring in both their existing holdings and the amount acquired over the past 15 days. It excludes exchanges and miners to avoid distortion. The latest accumulation wave began in early May, led by whales holding over 10,000 BTC. As the price began to climb, cohorts with...
HERO.TECH Launching the First Web3-Integrated Version of CyberCharge: Revolutionizing Charging with Charge-to-Earn (C2E) Model
This content is provided by a sponsor. PRESS RELEASE. – HERO.TECH, a pioneer in Web3 and decentralized technology, is proud to announce the upcoming launch of its groundbreaking C2E CyberCharge with Web3 integration, marking a significant milestone in the fusion of decentralized physical infrastructure networks (DePIN) and Web3. This innovativeSource link
Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
A global sting, dubbed Operation RapTor, has led to the arrest of 270 suspects and the seizure of $200 million in cash and crypto.Source link
From Wall Street to Crypto: Sebastian Bea on the Institutional Playbook for Digital Assets
Coinbase Asset Management (CBAM) President Sebastian Pedro Bea discussed the launch of the Bitcoin Yield Fund, designed to offer institutional investors a conservative yield on long bitcoin positions with minimized risk. He also explores evolving institutional attitudes, the impact of bitcoin ETFs, and how macroeconomic trends are accelerating crypto adoption as a strategic store-of-value asset.Source link
Justin Sun Defends TRUMP After Presidential Dinner, Says ‘Memecoins Have Merit’
The last time Justin Sun set foot in the U.S. he was Grenada's WTO ambassador and was navigating the rocky waters of former President Biden's crypto crackdown.Times have changed. Now, he's dining at an event hosted by President Donald Trump for the largest holders of his TRUMP memecoin and celebrating a regulatory breakthrough, as issuers eye a potential Tron ETF, signaling a striking reversal in crypto's American fortunes.Speaking exclusively with CoinDesk after the Presidential dinner, which was met by protestors, the Tron founder dismissed allegations that the token is a vehicle for bribery. He called skeptics short-sighted, arguing Trump's embrace of crypto could spark a new era of digital asset innovation in America."All the haters need to really pay attention,"...