Crypto News

The Democratic Senator criticized crypto industry lobbying, drawing comparisons to legislation implicated in the buildup to the 2008 financial crash.Source link

BONK experienced aggressive volatility over a 24-hour period to end the week, swinging 15% between $0.00003185 and $0.00003763. The Solana-based memecoin initially surged on the heels of a 500 billion token burn announcement before a Galaxy Digital-linked wallet moved $18.75 million worth of BONK to major crypto exchanges, triggering a 9% pullback in under an hour.Despite the reversal, BONK stabilized above the $0.00003400 level with support in the $0.00003185-$0.00003230 zone, according to CoinDesk Research's technical analysis data model. Trading activity surged as speculative flows responded to conflicting signals: bullish supply reduction versus the bearish pressure of potential sell-side liquidity injections.The broader crypto market's shift toward altcoins continued to boost meme token trading volumes as with bitcoin's market dominance weakening. BONK...

A swarm of high-stakes prediction markets on Polymarket are placing Ghislaine Maxwell and Jeffrey Epstein squarely at the center of a fresh round of speculation, just as Maxwell held a private meeting with the U.S. deputy attorney general. Markets Bet on Epstein Revelations After Ghislaine Maxwell Talks With Feds Prediction market Polymarket is buzzing thisSource link

SharpLink Gaming (SBET), the Nasdaq-listed crypto treasury firm that has recently emerged as one of the largest corporate holders of ether (ETH), said on Friday it has appointed former BlackRock executive Joseph Chalom as co-CEO of the firm.Chalom, who spent two decades at BlackRock in different roles, spearheaded the asset management giant's foray into digital assets and blockchain initiatives including launching the a spot ETH ETF, the press release said. He also was a board member at tokenization firm Securitize, which issues the largest tokenized U.S. Treasury fund with BlackRock."Few executives in the world have had the kind of impact Joseph has had in unlocking institutional adoption of digital assets, having pioneered BlackRock’s strategic entry into the space," Joseph Lubin,...

The Bitcoin behemoth already holds more than 607,000 Bitcoin.Source link