Crypto News
Bitcoin Brushes $105K as Altcoins Steal the Spotlight in Tuesday Crypto Frenzy
On Tuesday afternoon, bitcoin appreciated by 2.6% against the U.S. dollar, brushing up against the $105,000 threshold. At the same time, a broad array of altcoins outpaced the leading cryptocurrency: ETH gained 8.5%, SOL advanced 5.9%, and DOGE registered a 4.8% increase. Bitcoin’s Macro Role Grows as Bitfinex Cites ‘Increasingly Favourable’ Sentiment The broader cryptoSource link
Cantor Equity Partners Discloses $458M Bitcoin Acquisition
Cantor Equity Partners (CEP) disclosed a $458.7 million bitcoin BTC acquisition as part of a pending merger with Twenty One Capital, the BTC-focused investment vehicle backed by Tether, Bitfinex, and SoftBank, according to a regulatory filing on Tuesday.The transaction is structured through a complex business combination involving Tether Investments, the El Salvador affiliate of stablecoin issuer Tether, and iFinex, the parent company of Bitfinex, the filing shows. As part of the deal, Tether purchased some 4,812 BTC at an average price of $95,319, with the tokens held in escrow and later to be sold to the merged company.Blockchain data shows that the escrow wallet, disclosed in the filing, received the tokens from a Bitfinex hot wallet on May 9. The...
Crypto Trader Turns $332 Into $190K on Gooncoin as Solana Meme Coins Get Hot Again
A Solana trader hit it big with Gooncoin, pulling nearly $190K in profits in less than a day as Solana meme coins catch fire again.Source link
Nonprofit Infinite Node Takes Stewardship of Cryptopunks’ IP From Yuga Labs
The Infinite Node Foundation (NODE), a nonprofit focused on conserving digital art, has acquired full intellectual property rights to the iconic Cryptopunks collection from Yuga Labs, securing long-term stewardship for the pioneering non-fungible tokens (NFTs). New Era for Cryptopunks as Infinite Node Foundation Secures Full IP Rights Founded in 2017 by Larva Labs, Cryptopunks revolutionizedSource link
Tether Shatters $150 Billion Milestone Outmuscling Rivals by Billions
According to data retrieved from Tether’s reserves portal, the stablecoin behemoth has officially surpassed the $150 billion threshold for the first time on record. Tether’s Net Circulation Swells Past 150B as It Widens Lead USDT, Tether’s U.S. dollar-linked token, holds the title of the largest fiat-referenced digital asset by market capitalization. This week, the firm’sSource link