Crypto News
Solana Meme Coin Fartcoin Falls After AI Bot Creator Sells Huge Stash
The man behind popular AI bot Truth Terminal sold off a huge chunk of Fartcoin holdings, prompting a price plunge for the Solana token.Source link
DAO Governance Platform Agora Acquires Older Competitor, Boardroom
Agora, a blockchain governance startup, is set to acquire its competitor Boardroom. The company framed the acquisition as a strategic move to enhance governance within the broader Ethereum ecosystem, citing expectations of renewed growth in decentralized governance due to President Trump's promise of regulatory clarity for the blockchain industry. "2025 is the year we make good governance the standard for all protocols in Ethereum," Agora co-founder Yitong Zhang told CoinDesk.Agora was founded in 2022 by Zhang, Charlie Feng, and Kent Fenwick. The trio initially started working on governance tooling at Nouns DAO, one of the buzzier blockchain protocols to emerge from 2021's DAO (decentralized autonomous organization) and NFT hype cycle.The term "DAO" generally describes crypto communities that are governed by...
Banking Giant Morgan Stanley Open to Offering Crypto Services in ‘Safe Way’: CEO
The CEO of top American bank Morgan Stanley said that he is open to working with regulators so that the firm can offer crypto services.Source link
Warren Buffett’s Berkshire Hathaway Increases Holdings in Brazilian Digital Bank Nubank
Berkshire Hathaway has invested millions of dollars in Nubank, a Brazilian digital bank with its own crypto platform. Berkshire Shares in Nubank Rises to 0.4% Berkshire Hathaway’s stake in Nubank rose from 0.1% in Q4 2022 to 0.4% in Q3 2024, according to recent U.S. Securities and Exchange Commission (SEC) filings. This increased Hathaway’s holdingsSource link
Bitcoin Trade Volume Wednesday Was One of the Largest Ever
Bitcoin continues to trade at record levels. According to checkonchain data, Wednesday's $130 billion bitcoin (BTC) volume was one of the highest in its history. Trade volume has soared since President Trump won the U.S. election at the start of November, doubling from a daily average of $65 billion.The futures market (the total traded in futures contracts) yesterday saw $110 billion worth of volume. This was the fifth-highest futures trade volume recorded, only bettered on a handful of days in November and December last year.The spot market saw roughly $15 billion of traded volume, which is approaching an all-time high. Meanwhile, bitcoin ETFs saw around $5 billion worth of trade volume, which is around half the all-time high seen in...