Crypto Biz: Solana’s rise, BlackRock’s growing BTC exposure, and more

A portion of the ether (ETH) stolen from hacked New Zealand-based cryptocurrency exchange Cryptopia has been moved and deposited to a different crypto exchange, according to an analysis. Crypto Anti-Money Laundering startup Coinfirm tweeted about their findings on May 20.According to Coinfirm, 30,790 (over $7.778 million) of the stolen ether has been reportedly moved to…

After a one-year hiatus, Our Man in Shanghai returns, but he’s no longer based in Shanghai (the crypto crackdown was a factor in the column’s retirement), so a rebranding is in order. This space is now called “Asia Express,” and it’s a weekly roundup of news from mainland China and Taiwan and the rest of…

Ether’s market sentiment is spiking as long-term investors are up around 88% — is there a potential sell-off or slump in the short-term? The latest findings in Cointelegraph Consulting’s biweekly newsletter suggest that Ether won’t sustain its rally.The 365-day market-value-to-realized-value ratio of Ethereum’s native Ether (ETH) token is currently at a two-year high of 1.88.…

In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.

What seems to be a fresh attempt to sway the Fed to take rates negative saw immediate backlash from sound-money supporters. 1481 Total views 25 Total shares Bitcoin (BTC) bulls were lambasting United States president Donald Trump this week as he called on the Federal Reserve to tax people’s savings.In a tweet on May 11,…

Deutsche Borse’s Xetra prepares to list two Ether ETPs and a Bitcoin Cash ETP on Tuesday, stating that crypto ETFs are unlikely to come soon due to EU regulations. 925 Total views 7 Total shares Deutsche Borse’s electronic trading platform, Xetra, is preparing to launch its first Ether (ETH)-based exchange-traded products, or ETPs.According to data…

American investment firm Fidelity, which administers over $7.2 trillion in client assets, will purportedly launch its Bitcoin (BTC) custody offering in March, Bloomberg reports on Jan. 29Citing unnamed sources familiar with the matter, Bloomberg states that this is the next step in a plan that started in October 2018, when Fidelity announced the launch of…

A church spokesperson said it was also unlikely the church would release its own digital currency. 2760 Total views 13 Total shares With roughly 100 million members, the church representing the dominant religion in Russia has no plans to accept cryptocurrency donations or offerings.According to a Q&A streamed on YouTube by Jesus Portal, the chairman…

Today in crypto, a video of Vitalik Buterin interacting with a robot has caught the crypto industry’s attention, Kalshi prediction market files lawsuits against gaming regulators in New Jersey and Nevada, and David Pakman said a $1 trillion stablecoin supply combined with yield-bearing crypto ETFs may provide the next crypto market catalyst for 2025. Vitalik