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WLFI faces an unrealized loss of approximately $118 million, with Ethereum accounting for the largest deficit.
HBAR bears tighten their grip as the price drops 52% from YTD high. Key indicators signal further downside, with $0.16 support in focus
Cardano’s ADA sees a 10% surge, backed by rising network activity and strong investor demand. Will the uptrend push ADA beyond $0.82?
Blockchain analysis by Bubblemaps linked WOLF to Hayden Davis, revealing concentrated insider holdings and raising concerns about a potential rug pull.
Share link:In this post: The Brazilian National Congress has received a new bill that will allow employees to take part of their salaries in Bitcoin and other digital assets. The new bill is in line with Brazil’s pro-crypto stance. Philippe said that the new bill will ensure that Brazil takes its place as one of the biggest crypto hubs globally.
- 10:16Malta-based asset management firm Samara Asset Group discloses holding 525 BTC, equivalent to 28% of its market capitalizationAccording to Jinse Finance, Malta-based asset management firm Samara Asset Group has disclosed that it holds 525 BTC, valued at approximately $57.3 million, which accounts for 28% of its market capitalization. Samara Asset Group stated that the company plans to reduce its exposure to traditional markets and attract cryptocurrency investors, positioning Bitcoin as a reserve asset to safeguard capital from a long-term investment perspective.
- 09:41BlockFi Bankruptcy Administrators Reach Settlement with U.S. Department of Justice, Dismissing $35 Million LawsuitOdaily Planet Daily reported that BlockFi’s bankruptcy administrators have reached an agreement with the U.S. Department of Justice (DOJ) to dismiss a lawsuit involving the transfer of $35 million in crypto assets. The agreement was approved on Friday by New Jersey bankruptcy court judge Michael B. Kaplan. The case originated in May 2023, when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, claiming the funds were linked to a criminal fraud case. Under the terms of the settlement, the case is “dismissed with prejudice,” and both parties will bear their own legal costs. Notably, BlockFi filed for bankruptcy in November 2022 following the collapse of FTX, and currently owes approximately $10 billion to around 100,000 creditors. The company has set April 28, 2024, as the final deadline for customers to withdraw their remaining crypto assets. (Cointelegraph)
- 09:38Data: Pudgy Penguins NFT floor price surges over 25%, possibly influenced by several projects including an exchange and OpenSea switching to Pudgy Penguins-themed profile picturesChainCatcher reports that, according to market data, the floor price of Pudgy Penguins NFTs has risen by 25.8% today, now standing at 11.8 ETH, with a 24-hour trading volume reaching 1,526.63 ETH. As previously reported by ChainCatcher, the official OpenSea X account imitated the social media strategy of a certain exchange by changing its profile picture to a Pudgy Penguins-themed image, accompanied by the caption "New profile pic, who doesn't love it." It is reported that earlier today, a certain exchange also changed its X account profile picture to a Pudgy Penguins-themed image, with the same caption "New profile pic, who doesn't love it." Both profile pictures are secondary creations related to their respective brand images and are not part of the official Pudgy Penguins NFT series.