Crypto News

According to onchain records from Arkham Intelligence, an entity known as “SUN” appears to have linked an HTX cold wallet to the forthcoming Donald Trump dinner. Arkham Reports Whale Wallet ‘SUN’ Cracks Top Tier for Trump’s Meme Coin Gala On Wednesday, Bitcoin.com News revealed that the leading 220 holders of the TRUMP meme coin willSource link

In today’s crypto for advisors, Dovile Silenskyte from WisdomTree talks about the growth of crypto products and how they’ve evolved into a strategic investment allocation.Then, Kim Klemballa from CoinDesk Indices answers questions about digital asset benchmarks and trends in Ask an Expert.– Sarah MortonUnknown block type "divider", specify a component for it in the `components.types` optionYou’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.Unknown block type "divider", specify a component for it in the `components.types` optionThe Evolution of Crypto Products — From Speculative Bets to Strategic AssetsCrypto is no longer the “Wild West” of investing. Once dismissed as mere speculative bets, digital assets have matured into a...

Anonymous Labs, which launched the Simon’s Cat meme coin, is developing a licensed blockchain game based on hit TV show Peaky Blinders.Source link

John D’Agostino, Head of Strategy at Coinbase Institutional, revealed that sovereign wealth funds and institutional investors have become key drivers of bitcoin accumulation in April, contrasting with retail investors’ retreat from exchange-traded funds (ETFs). Institutional Demand and Sovereign Funds, Not Retail, Behind Bitcoin’s April Rally, D’Agostino Tells CNBC Sovereign wealth funds — state-owned investment poolsSource link

TON Foundation, the entity behind the Telegram-linked TON blockchain, has appointed Maximilian Crown, co-founder of MoonPay, as its CEO.Crown was the CFO and COO at the crypto infrastructure provider and has relationships with banks, payments companies, and regulatory bodies. He will remain on the board at MoonPay.The move comes one month after the TON Foundation announced that it had received $400 million worth of investment from venture capitalist firms that purchased the TON token.Active users on the TON blockchain jumped from 4 million to 41 million in the past year. However, the TON token, is down by 46% in the same period. It aims to onboard 30% of Telegram's active users to the blockchain by 2028. “TON’s speed, scalability, and...