Author: Kryptonews

U.S.-based blockchain firm BTCS Inc. has increased its Ethereum holdings with the acquisition of 1,000 more Ether tokens worth $2.63 million via Crypto.com. BTCS Inc., a Nasdaq-listed blockchain company betting big on Ethereum (ETH), added another 1,000 ETH to its holdings through the cryptocurrency exchange Crypto.com. The purchase brings the company’s total ETH balance to 13,500. Having held 9,063 ETH at the end of the first quarter, the purchase means its growth in Q2 now stands at approximately 50%, BTCS Inc. said in an announcement on June 2, 2025. This expansion goes beyond a simple bet on the top altcoin…

Key Takeaways Satoshi Nakamoto could become the world’s second wealthiest person if Bitcoin grows by 50% annually. Elon Musk is likely to remain the world’s richest individual even if Satoshi surpasses Buffett and Zuckerberg. Share this article Satoshi Nakamoto, the pseudonymous creator of Bitcoin, could become the world’s second-wealthiest individual if Bitcoin maintains its annual growth rate of 50%, Bloomberg ETF analyst Eric Balchunas has suggested.In a post on X on Monday, the analyst said that Satoshi’s estimated holdings of around 1.1 million BTC, which is worth more than $114 billion at current market prices, could surpass the net worth…

The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report.However, the overall value of assets under management slipped from $187 billion to $177 billion, reflecting recent market declines.CoinShares’ Head of Research, James Butterfill, pointed to growing economic uncertainty in the US as a key driver behind the dip.Last week, a federal court decided to temporarily revive Trump-era reciprocal tariffs, triggering volatility and prompting investors to adjust their positions.Despite the turbulence, US-based products still attracted the most capital, with $199 million in inflows. Germany and Australia followed…

Navigating the cryptocurrency landscape requires careful consideration of security and accessibility. A key element in managing your digital assets is choosing the right wallet. Two primary options are mobile and desktop wallets, each offering a unique blend of convenience and risk. Understanding these differences is crucial for making an informed decision that aligns with your individual needs and risk tolerance. Convenience at Your Fingertips: Mobile Wallets Mobile wallets, as the name suggests, are applications installed directly on your smartphone. This makes them incredibly convenient for daily transactions. Imagine grabbing a coffee and paying with Bitcoin using your phone – that’s…

Introduction to AI & Blockchain in Finance The financial industry is on the cusp of a revolution, driven by the convergence of artificial intelligence (AI) and blockchain technology. Traditional banking systems, known for their centralized structures and inefficiencies, are being challenged by decentralized models that promise greater transparency, security, and efficiency. AI enhances smart contracts, fraud detection, and risk management, while blockchain ensures immutable records and peer-to-peer transactions. Together, these technologies pave the way for a future where financial services become more accessible, secure, and user-centric. How AI and Blockchain Transform Finance Automated Compliance and KYC/AML AI algorithms can sift…

Opinion by: Carlos Lei, co-founder and CEO of UplinkSeeing Spain, Portugal, and France go dark recently? Sure, millions lost power. It was a connectivity collapse, showing just how brittle communication lifelines become when the power dies.Don’t think for a second this is just a European problem. The same script plays out all over. South Africa’s endless power woes. Pakistan’s massive blackout in 2023. Then there was that crazy Texas freeze in 2021. Another time, locals in Houston melted snow off their roofs into buckets just to flush toilets for an entire week. Most people were without heat in sub-zero temperatures,…

The cryptocurrency landscape is showing mixed performance at the start of June 2025. In this respect, the crypto market capitalization has gone through a $3.27T after a 0.07% dip while the 24-hour crypto volume stands at $88.35B following a 1.34% decrease. In addition to this, the crypto Fear & Greed index accounts for 57 points, indicating a neutral market sentiment. Bitcoin Sees 0.17% Surge While Ethereum Drops by 1.11% While changing hands at $104,886.53, Bitcoin ($BTC) denotes a 0.17% rise in price over the past 24 hours. Additionally, Bitcoin currently has a market dominance of 63.6%. However, Ethereum ($ETH) is…

Finding and executing suitable investments is becoming increasingly challenging by the day. With hundreds of new meme coins launching every month, keeping up with the latest information needed to identify the undervalued crypto presale is more challenging than you might think. However, that’s where crypto trading bots like Snorter Bot can make a massive difference.Snorter Bot is the newest meme coin project with a trading bot at its core. It is a multi-chain crypto built on Ethereum and Solana blockchains and is the fastest Solana sniper bot built into the Telegram app. Let’s explore why it’s the next big thing…

The Ethereum Foundation is excited to announce the winners of the Merge Data Challenge 🐼. The challenge ran for ~9 weeks surrounding the Merge, allowing for data analysts to gather and review information both before and after the big event. Participants submitted a treasure trove of data and analysis in 45(!) different blog posts. Enjoy combing through the many insights and, as everything is open source, feel free to open things up and extend/modify the analysis! Prizes Prizes are divided into three tiers, based on the overall quality, scope, extensibility, and usefulness to the community. Gold ($30k prize) 🥇 Silver…

The narrative surrounding Bitcoin has evolved significantly over the past few years. No longer relegated to the fringes of the financial world, it is increasingly being embraced by some of the biggest players in the institutional investment space. This shift represents a fundamental change in perception and a growing understanding of Bitcoin’s potential role in a diversified portfolio.## Understanding the Motivations Behind Institutional InterestSeveral key factors are driving institutional adoption. Firstly, concerns about inflation and currency debasement have led institutions to seek alternative stores of value. Bitcoin, with its capped supply of 21 million coins, is increasingly seen as a…