News Explorer — Reddit Sold Off Most of Its Bitcoin and Ethereum

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Oct 30, 4:31 pm

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Reddit Sold Off Most of Its Bitcoin and Ethereum

Reddit disclosed in an SEC filing that it sold the majority of its Bitcoin and Ethereum holdings during the third quarter, stating the net value and gain were insignificant. Despite still holding some crypto, Reddit has distanced itself from previous crypto-related projects.

Reddit disclosed in an SEC filing that it sold the majority of its Bitcoin and Ethereum holdings during the third quarter, stating the net value and gain were insignificant. Despite still holding some crypto, Reddit has distanced itself from previous crypto-related projects.

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Jan 4, 6:01 pm

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Spirit Blockchain Capital Aims to Generate Yield on Dogecoin Holdings

Spirit Blockchain Capital, a Canadian investment firm, plans to earn yield on its Dogecoin holdings and potentially offe... Read Summary

Jan 4, 2:47 pm

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Can Trump Really Centralize Bitcoin Mining in the US?

The U.S. currently accounts for around 40% of Bitcoin mining hashrate, with experts stating it's unlikely to shift the r... Read Summary

Jan 3, 10:35 pm

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FDIC Discouraged American Banks From Utilizing Public Blockchains, FOIA Docs Show

Newly unredacted correspondences between the FDIC and member banks reveal the regulator's discouragement of offering ser... Read Summary

Jan 3, 9:44 pm

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Solana Now Quantum Proof? Here's What You Need to Know

Solana has introduced a quantum-resistant vault, the Solana Winternitz Vault, to safeguard users' funds from potential q... Read Summary

Jan 3, 8:53 pm

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Not Just Dogecoin: CumRocket Is Latest Meme Coin to Get Elon Musk Pump

CumRocket's price surged 429% to $0.022 after Elon Musk's meme post on X, referencing tax implications. Musk's influence on meme coins like CumRocket and Dogecoin has been significant. Read Summary

Jan 3, 6:59 pm

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Bitcoin Marks 16th Birthday as Mining Difficulty Reaches New Peak

Bitcoin's first block, the "Genesis Block," was mined 16 years ago, marking the birth of the cryptocurrency. The network... Read Summary

Jan 3, 6:18 pm

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Digital Gifts on Telegram Can Now Be Converted Into NFTs

Telegram has introduced a new feature allowing users to convert gifts into NFTs on The Open Network using Telegram Stars... Read Summary

Jan 3, 4:45 pm

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Fartcoin Blasts to New Peak Price as Dogecoin Pumps Into 2025

Dogecoin has surged by nearly 11% in the past 24 hours, reaching $0.375, the highest price since December 18. The meme c... Read Summary

Jan 3, 3:00 pm

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BlackRock's Bitcoin ETF Just Had Its Worst Day Ever

BlackRock's iShares Bitcoin Trust (IBIT) ETF experienced record-high outflows of $333 million on Jan. 2, with investors... Read Summary

Jan 3, 2:29 pm

Blockworks

Coinbase and MicroStrategy Execs Made Massive Share Sales in 2024

In 2024, top executives from companies like Amazon, Meta, and Palantir made significant stock sales, with Coinbase and M... Read Summary

Jan 3, 1:41 pm

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Man Convicted in Undead Apes Rug Pull Dies in Apparent Suicide, Says Family

Berman Jerry Nowlin, involved in an NFT "rug pull" case, died by apparent suicide before his sentencing. Nowlin and Devi... Read Summary

Jan 3, 11:13 am

Coindesk

Crypto Traders Are Making Riskier Bets on Ethereum Than Bitcoin

Ether's leverage ratio has surged to a new high of 0.57, indicating increased risk-taking and market speculation. This l... Read Summary

Jan 2, 11:41 pm

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What Is AiXBT? The AI Influencer Taking Crypto by Storm

In 2024, the Virtuals protocol introduced Aixbt, an AI-powered influencer providing financial advice and market insights... Read Summary

Jan 2, 10:10 pm

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Why MicroStrategy's Stock Price Is Falling Much Faster Than Bitcoin

MicroStrategy, the world's largest corporate holder of Bitcoin, has seen its share price drop by 45% from its November p... Read Summary

Jan 2, 7:52 pm

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Terra Founder Do Kwon Pleads Not Guilty Following Extradition to US

Do Kwon, the founder of the Terra crypto ecosystem, pleaded not guilty to criminal charges in a New York court after bei... Read Summary