Author: James Wilson
Solana-based memecoin BONK has acquired Exchange Art, a digital marketplace for fine-art NFTs. The move brings new leadership to the platform, with artist J.T. Liss stepping in to guide the marketplace’s next phase. BONK (BONK) is a cryptocurrency built on Solana (SOL), a blockchain designed for fast and low-cost transactions. Memecoins, like BONK, are cryptocurrencies inspired by internet culture. While some are created as jokes, others, including BONK, have grown into active ecosystems. Exchange Art has officially been acquired by @bonk_inu to ensure the perseverance, longevity, and advancement of art on Solana.As long time supporters of the arts, BONK plans…
The U.S. Department of Justice has seized approximately $201,400 in cryptocurrency linked to Hamas. This seizure was part of a terrorist financing operation that laundered over $1.5 million in virtual currency since October 2024, according to the DOJ. According to court documents, Hamas supporters used an encrypted platform to distribute at least 17 cryptocurrency addresses for donations. The funds were laundered through exchanges and brokers before being funneled into operational wallets. The seizure targeted assets held in accounts registered to Palestinian individuals in Turkey and other locations. “Hamas is responsible for the deaths of many U.S. and Israeli nationals, and we…
Dogecoin rallied nearly 10% this week, resilient in the face of the U.S. President Donald Trump’s tariff war and macroeconomic developments. Most altcoins have suffered the negative impact of Trump’s announcements, DOGE continues to gain, back above $0.2058 for the first time in nearly two weeks. Dogecoin rallies in double-digits, what to expect from DOGE price? Dogecoin (DOGE) hit a near two-week peak at $0.20585 on Wednesday, March 26. In the past seven days, DOGE rallied nearly 10%, even as altcoins struggled with recovery in the ongoing macroeconomic developments in the U.S. The largest meme coin in the crypto market…
Berachain, the fast-growing layer-1 network, is performing well as its token rises and its decentralized finance ecosystem booms. Berachain (BERA) price rose to $8.60 on Thursday, up 60% from its lowest point in March. The ongoing surge has come as network growth gains momentum. A good example is the decentralized exchange industry, where protocols built on Berachain are gaining traction. DeFi Llama data shows that the weekly volume handled by these protocols rose by 105% to $519 million. This increase has pushed the cumulative volume handled by the network to $2.17 billion, with most of the activity coming from BEX,…
H.C. Wainwright & Co. analyst Mike Colonnese has added Bitfarms stock to the firm’s top picks in the Bitcoin mining sector for 2025, citing strong operational improvements and a shift toward high-performance computing and AI infrastructure. In a research note following Bitfarms’ Q4 2024 earnings report and conference call, Colonnese said the market is “significantly undervaluing” the company’s scaled-up mining operations and emerging AI strategy. H.C. Wainwright reiterated its Buy rating on Bitfarms with a $3.50 per share price target, implying upside potential of more than three times from its current price of around $0.98. Q4 recap Bitfarms reported on…
Robinhood has unveiled a new subscription strategy that could see users enjoy perks similar to what Amazon Prime or Costco offers its customers. Vlad Tenev, chief executive officer of Robinhood, said during an interview with CNBC that the company sees the loyalty market as a huge opportunity for growth. This could be big news for crypto as it means adding more services, including digital assets, wealth management and tax advice to the company’s monthly subscription service. If the portfolio offers a suite of products that investors see as valuable, more people will be willing to pay the subscription fee, the…
GameStop’s stock experienced a stock decline of over 25% intraday on Thursday. This slump followed the announcement of a strategic pivot involving the issuance of $1.3 billion in convertible bonds to finance the acquisition of Bitcoin (BTC). The video game retailer plans to offer these 0% convertible senior notes, maturing in 2030, in a private sale. The proceeds are intended for general corporate purposes, including the purchase of Bitcoin, as part of an updated investment policy approved by the company’s board earlier this week. GameStop shares spiked over 14% in yesterday’s aftermarket hours but opened the day at $25.78 per…
France’s state-owned investment bank, Bpifrance, has announced plans to allocate up to €25 million ($27 million) for the acquisition of lesser-known cryptocurrencies. These purchases will be made to bolster the nation’s crypto enterprises, according to Reuters. Historically, Bpifrance has invested €150 million in blockchain-related ventures, including modest investments in cryptocurrencies. However, this marks the bank’s first initiative to establish a dedicated fund for direct crypto purchases. French crypto projects The bank will focus on acquiring newly issued tokens from French crypto projects before they are listed on major exchanges, according to Arnaud Caudoux, Deputy CEO at Bpifrance. Caudoux emphasized the…
The Senate Banking Committee has reportedly delayed its vote on the nomination of Paul Atkins as the next chair of the U.S. Securities and Exchange Commission Journalist and host of Crypto in America podcast Eleanor Terrett, shared this development via X. The former FOX Business reporter cited a Senate aide as the source of the news. According to the aide, the committee will “not vote today on Atkins or the other nominees, as is typical practice.” Instead, nominees will be required to submit written responses to committee questions ahead of a markup vote. A date for that vote has not…
Crypto exchanges are the heart and soul of crypto. It’s where millions of people buy and sell cryptocurrencies and hold their crypto assets as well. This makes it important to know which crypto exchanges are the real deal in a world where many crypto exchanges claim to be top-tier. In this article we will dive into the best rated crypto exchanges and rank them based on traffic, liquidity, trading volumes, and other important metrics. How do people decide the best rated crypto exchanges? From a retail standpoint, top rated crypto trading platforms are the ones which are secure, have low…