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The Super Mario Bros. Movie Expected To Pass $1 Billion, Biggest Movie Release This Year
17.4.2023
The Super Mario Bros. Movie may be a designer baby that Nintendo and Illumination grew in a lab, but all the aggressive marketing that accompanied the release is clearly paying off. The film hit a new record-setting sales benchmark during the weekend of April 15 and 16 and is expected to surpass...
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
16.4.2023
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%...
Shapella Upgrade Hits, Economist Predicts Biggest Crash ‘in Your Lifetime,’ US Bank Lending Plummets — Week in Review
16.4.2023
In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking staked ether. In the broader financial world, economist Harry Dent has predicted a massive crash to hit by mid-June, bank lending plummeted by a record $105 billion in two weeks, and...
Bitcoin Price Prediction as $10 Billion Trading Volume Comes In – Where is BTC Heading Now?
16.4.2023
Bitcoin and Ethereum, two of the largest digital currencies, have been making headlines lately as their values continue to rise. It has recently surpassed the $30,000 mark, while Ethereum, which is the second-largest cryptocurrency globally, has reached a multi-month high of $2,000....
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Silk Road Bitcoin Thief, Once Worth $3.4 Billion, Receives One-Year Prison Sentence
15.4.2023
A Georgia man who stole more than 50,000 Bitcoin from the Silk Road marketplace in 2012 has been sentenced to a year in prison.
In a Friday press release, the US Justice Department said James Zhong has been sentenced to one year and one day in prison for charges related to executing a scheme...
Kraken to Unstake Over $1 Billion in ETH After Shapella Upgrade – What Happens Next?
14.4.2023
Major crypto exchange Kraken has taken a leading position in the Ethereum (ETH) unstaking queue following the blockchain’s latest Shapella upgrade, with a number of market observers suggesting that the exchange’s dominance of the queue could be triggered by Kraken's recent legal woes. ...
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Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat
13.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue...
FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange
13.4.2023
FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange. Following the announcement, the exchange’s...
FTX Recovers $7.3 Billion in Assets, Considers Rebooting Exchange in Q2 This Year
13.4.2023
FTX is considering rebooting its platform amid reports that the bankruptcy team has managed to stabilize the situation and recover a huge portion of the missing assets.
The now-defunct crypto exchange has recovered over $7.3 billion in cash and liquid crypto assets, an $800 million increase from...
Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022
12.4.2023
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle...
US Dollar Could Lose Most of Its Value in 5 Years, Investment Manager Warns
10.4.2023
Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 years. Following the onset of the Russia-Ukraine war, “the U.S. did something which I perceived to be very stupid, which is it seized $600 billion of Russian currency reserves,...
US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
9.4.2023
The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla...
Bitcoin Price Prediction as $10 Billion Trading Volume Comes – Where is BTC Heading Now?
9.4.2023
The most well-known cryptocurrencies, Bitcoin and Ethereum, are ending the week on a bearish note, with both coins continuing to lose value. Bitcoin recently fell below $28,000, while Ethereum has fallen to $1,800.
Although Bitcoin reached $28,500 earlier this week, the rally was short-lived,...
Shiba Inu Price Prediction as SHIB Reaches $6.5 Billion Market Capitalization – Here's Where SHIB is Heading Now
7.4.2023
Shiba Inu (SHIB), the world’s second-largest dog-inspired meme coin with a market capitalization of close to $6.5 billion, was last changing hands close to $0.000011 per token, broadly flat on the day.
Trade in cryptocurrency markets on Friday has been subdued with most traditional financial...
Bitcoin Price Prediction as $10 Billion Trading Volume Floods In – Are Whales Buying?
7.4.2023
Bitcoin (BTC), the leading cryptocurrency in the world, dropped to the $28,000 level from the $28,300 level on Thursday. Bitcoin's previous upward rally slowed after gaining 20% in March, its biggest month since January.
Bitcoin reached a high of $29,173 in March, but it was a short-lived spike....
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
5.4.2023
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys...
CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3
3.4.2023
Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors
Arbitrum Price Prediction as $1 Billion ARB Proposal Goes Wrong – Here's Where ARB is Heading Now
3.4.2023
After a highly publicized airdrop, ARB, the new token in the Arbitrum ecosystem exploded to $11.80 – the all-time high before dumping to trade at $1.21, which represents a 90% downswing from the record high.
This massive pullback is mainly attributed to an overwhelming selling pressure caused...
Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market
2.4.2023
Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion...
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
2.4.2023
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit...