Memecoin casino: $100 bet on Pump.fun has worse odds than roulette

At the time of writing this article, around 3.6% of Bitcoin (BTC) is locked up in long-term holdings by institutional investors. According to the data, 13 entities have amassed close to 600,000 BTC — about 2.85% of all Bitcoins and worth approximately $6.9 billion.The list includes MicroStrategy at the top, with close to 38,250 BTC…

Institutions were aggressively accumulating ETH in the lead up to the launch of CME futures, with Ether products representing 80% of last week’s institutional crypto inflows. 1276 Total views 19 Total shares Crypto asset manager CoinShares has reported that investment inflows into institutional cryptocurrency funds surged last week, and the majority of it was Ethereum.The…

Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish.

The Chicago Bulls have launched an NFT drop via Shopify, with the e-commerce platform having recently integrated Sweet's NFT marketplace. 302 Total views 11 Total shares The NBA’s Chicago Bulls have launched NFTs depicting six championship wins from the 1990s via leading e-commerce platform Shopify. Shopify is a multinational firm that provides website-based storefronts and…

The country's next general election will be held on May 14, at which time all 500 seats in Thailand's House of Representatives will be up for grabs. 145 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Pheu Thai Party, a political party in opposition to the current…

It seems that some GPU owners have resorted to selling power to non-crypto projects following the Ethereum Merge. 161 Total views 21 Total shares It’s been nearly two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and some ex-ETH miners say they remain clueless on how to move forward. Following the Merge, many…

The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range. During the same time, Bitcoin’s (BTC) 3.5% and Ether’s (ETH) 1.6% gains for the week are far from encouraging.To date, the total crypto market is down 43% in just two…

Ark Invest's latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp. 39 Total views 9 Total shares Cathie Wood's Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million…