El Salvador approved indefinite reelection for president and extended terms to six years, sparking backlash from critics warning of increasing authoritarianism.
Tarang Khaitan
Tarang Khaitan is a cryptocurrency reporter who has been covering the blockchain space since 2020. He is interested in how digital assets and DeFi will revolutionize the traditional finance space.
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Salvadoran President Nayib Bukele can now run for election indefinitely - News
Ether, a ‘90s tech stock’ ends July with biggest gain in 3 years Ether rose 56% this month in its strongest monthly gain since July 2022 amid strong ETF flows and ETH treasury firm buying.
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AML Bitcoin founder gets 7 years in prison for crypto fraud Rowland Marcus Andrade was sentenced to seven years in prison for making the cryptocurrency AML Bitcoin, which defrauded investors out of $10 million.
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SharpLink buys $295M in ETH — more than all the Ether issued last month SharpLink’s purchase of 77,210 ETH comes days after the online technology company appointed BlackRock veteran Joseph Chalom as its new co-CEO.
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Ether ETFs outpace Bitcoin for 6 straight days in rare flip Spot Ether ETFs recorded nearly $2.4 billion in the past six trading days. BlackRock’s ETHA was the biggest beneficiary of the inflow.
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Elon Musk floats robots in ‘cute outfits’ while Tesla earnings miss Tesla’s retro-themed diner opened this week with lines around the block, but that didn’t stop the stock from dipping after hours as it reported its Q2 earnings.
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US looks to grab $7.1M in crypto from oil and gas investment scam Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims.
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Eric Trump takes victory lap 5 months after telling everyone to buy ETH Investors who bought ETH when Eric Trump made his Feb. 4 post are sitting on an unrealized gain of 30% despite a drawdown earlier this year.
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Ethereum’s Fusaka upgrade set for November, Glamsterdam planning next Fusaka hard fork’s next devnet will go live on Wednesday. The first public testnet is scheduled to launch in late September.
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Sharplink Gaming’s expanded $6B share offering could buy 1% of ETH The company holds more than 280,000 ETH in its treasury. It has bought ETH worth $515M in the past nine days.
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Investors pour $727M into spot Ether ETFs as altcoins pump Spot Ether ETFs saw record daily inflows on Wednesday, led by BlackRock and Fidelity, pushing total holdings to cross over 4% of the token’s circulating supply.
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BitMine surges after-hours as Peter Thiel discloses 9% stake Billionaire Peter Thiel has bought a 9.1% stake in the crypto mining service company BitMine, which sent the company’s stock soaring in after-hour trading.
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Tornado Cash’s Roman Storm makes urgent plea for $500K as trial looms Roman Storm’s trial on money laundering and sanctions charges begins on Monday, with $1.96 million raised to cover legal expenses so far.
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Bitcoin, Ether ETFs clock second-biggest day of inflows on record BlackRock’s Bitcoin and Ether funds were the biggest beneficiaries of Thursday’s net inflows.
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Bitcoin investors have now splashed over $50B on US spot ETFs BlackRock and Fidelity’s spot Bitcoin ETFs have led the charge, with momentum only slightly dented due to outflows from Grayscale's Bitcoin fund.
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BlackRock iShares Bitcoin ETF surpasses 700K Bitcoin BlackRock’s iShares Bitcoin ETF now holds 55% of the total Bitcoin held across all US spot Bitcoin ETFs.
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Elon Musk confirms new ‘America Party’ will embrace Bitcoin Elon Musk announced the formation of a new political party on Sunday, telling one of his followers on X that it will embrace Bitcoin as “fiat is hopeless.”
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Solana treasury firm extends stock rally after buying $2.7M of SOL The company’s Solana stack is now worth almost $98 million. The firm’s stock price is up 2,733% year-to-date.
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Ethereum Community Foundation forms with ‘mandate’ for $10K ETH Ethereum core developer Zak Cole has launched the Ethereum Community Foundation to “do what the [Ethereum Foundation] won’t.”
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Design app Figma discloses $70M Bitcoin ETF holdings in IPO filing Figma has filed to go public in the US, disclosing it holds $69.5 million worth of Bitcoin ETFs and has $30 million in USDC ready to purchase Bitcoin.
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Trump-linked American Bitcoin raises $220M for mining, treasury The raise includes a transaction of $10 million where the company accepted Bitcoin instead of cash.
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Hacked Iranian crypto exchange Nobitex slowly restores services Hacked Iranian crypto exchange Nobitex is slated to resume withdrawal services, starting with verified users.
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UK’s The Smarter Web Company raises $56M days after big Bitcoin buy UK-based The Smarter Web Company has made a multimillion-dollar raise just days after it purchased $20 million worth of Bitcoin to bring its holdings to over 540 BTC.
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Bit Digital falls 4% as it ditches Bitcoin mining for Ethereum The crypto mining firm will additionally sell its own stock to purchase more ETH for its treasury.
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SharpLink Gaming stock rallies 7% after $30M Ethereum buy SharpLink Gaming has seen its share price jump over 7% after the firm boosted its Ethereum holdings to 188,000 Ether.
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$4B family office VMS Group to begin investing in crypto: Report VMS Group is looking to invest up to $10 million with Re7 Capital strategies, as it hopes to diversify into more liquid investments, according to managing partner Elton Cheung.
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South Korea’s central bank won’t oppose stablecoin: Report The head of South Korea’s central bank reportedly said he isn't against the issuance of a won-pegged stablecoin, but was wary of possible foreign exchange issues.
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Canada’s Sol Strategies files with SEC to list on the Nasdaq Sol Strategies’ stock price rose by more than 4% following the announcement that it has filed to be listed on the Nasdaq exchange.
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Agriculture firm AgriFORCE powers 120 crypto miners with natural gas AgriFORCE says it launched a site that uses stranded gas to power 120 Bitcoin mining rigs and will expand to two additional sites in Canada.
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Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors.