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NFT trader faces prison for $13M tax fraud on CryptoPunk profits

13.4.2025
A non-fungible token (NFT) trader could face up to six years in prison after pleading guilty to underreporting nearly $13 million in profits from trading CryptoPunks, according to the US Attorney’s Office for the Middle District of Pennsylvania.Waylon Wilcox, 45, admitted to filing false...

NFT trader sells CryptoPunk after a year for nearly $10M loss

12.4.2025
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time...

NFT trader sells CryptoPunk after a year for nearly $10M loss

12.4.2025
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time...

This year's top ETF strategy? Shorting Ether — Bloomberg Intelligence

11.4.2025
Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas.Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of...

This year's top ETF strategy? Shorting Ether — Bloomberg Intelligence

11.4.2025
Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas.Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of...

Ethereum Price Hits 2-Year Low as Lightchain AI Presale Nears Final Stage

11.4.2025
This content is provided by a sponsor. PRESS RELEASE. The world of crypto never ceases to surprise its investors. Ethereum, the second-largest cryptocurrency by market cap, has recently hit its lowest price point in two years, presenting both challenges and opportunities for crypto enthusiasts....

Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion

11.4.2025
Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF). According to an April 9 court filing, the parties agreed to settle...

Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83

10.4.2025
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg.The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99...

China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low

10.4.2025
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar purchases to stop speculation. China Reportedly...

Yield Shock: 30-Year US Treasury Note Sees Largest Weekly Jump Since 1981

9.4.2025
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the U.S. 30-year Treasury note experienced its most significant weekly rise since 1981. Basis Trade...

Web3 active developers drop nearly 40% in one year

8.4.2025
Weekly active developers in the crypto space dropped by almost 40% in one year as “narrative-led” developments took over the industry. Crypto data and analytics platform Artemis Terminal shows that on March 17, 2024, the number of active developers tagged on open-source...

Web3 active developers drop nearly 40% in one year

8.4.2025
Weekly active developers in the crypto space dropped by almost 40% in one year as “narrative-led” developments took over the industry. Crypto data and analytics platform Artemis Terminal shows that on March 17, 2024, the number of active developers tagged on open-source...

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