Author: Kryptonews

Abraxas Capital has accelerated its accumulation of Ethereum with another massive buy worth over $84.7 million. The asset management firm, which has aggressively bought Ethereum (ETH) over the past week, added to its growing haul with another 33,482 ETH. According to Lookonchain, who shared details of Abraxas Capital’s buys on X, the company scooped $84.7 million worth of the top altcoin within the past 12 hours. Accumulation over the past six days now sees Abraxas hold over $477 million of ETH, with total purchases bringing its haul to 211,030 Ether tokens. Having recently withdrawn over $297 million worth of Ethereum…

Remember 2022? Elon Musk had just been named Time’s Person of The Year, Marvel still ruled the box office, Tucker Carlson was the most-watched host on cable news and it seemed as if all of life was going to take place on the blockchain (the Staples Center in LA had been rechristened the Crypto.com arena, and Yuga Labs, the company behind Bored Ape Yacht Club, was valued at $4bn).What a difference a year makes: 2023 has seen the crash of digital currency, the flatlining of NFTs, and the floundering of blockbuster franchises. Previously beloved musicians took on a more sinister…

Alvin Lang May 13, 2025 16:12 Discover how reasoning AI agents, powered by advanced models like NVIDIA’s Llama Nemotron, are transforming high-stakes decision-making across industries such as healthcare, finance, and logistics. Reasoning AI agents, enhanced by advanced models such as NVIDIA’s Llama Nemotron, are reshaping high-stakes decision-making across various sectors. These agents, leveraging large language models (LLMs), have evolved from simple chatbots to sophisticated digital teammates capable of planning, reasoning, and adapting based on feedback, according to NVIDIA Blog. Advancements in AI Reasoning With the ability to think critically, reasoning AI agents can…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is now trading above the $2,500 mark, reaching a fresh daily high of $2,609 as bullish momentum continues to build. After months of uncertainty and sideways action, sentiment has flipped strongly in favor of the bulls. The market-wide optimism is growing, fueled by Bitcoin’s breakout above $100K and renewed attention on altcoins, setting the stage for a potential altseason. Ethereum’s sharp recovery from its lows has caught the attention of top analysts. Among them, Ted Pillows shared a technical breakdown highlighting that the ETH reversal has…

Samuel Edyme Nov 07, 2022 03:00 NFT marketplace OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments. NFT marketplace, OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments. It is probably not a new thing whether enforcing or not royalties which have been argued topics in the industry ever since it was introduced. While some platforms have already concluded their side of the argument, platforms such as OpenSea were yet to reveal their…

In a rapidly moving crypto market, remaining updated is essential to stay head of the curve. Part of this task involves spotting top crypto gainers before others capitalize on such opportunities. Today, data reported CMC listed multiple top-performing assets that have attracted investors’ interest. Top 7 performers today XRP (XRP) XRP emerged as the top performer in today’s virtual currency market. The asset recorded a price growth of 5.36% from yesterday, bolstered by positive sentiment among XRP holders regarding favorable developments in the SEC-Ripple legal battle. First, the SEC placed its case against Ripple on hold last month. In another…

In brief One trader turned a $332 investment into approximately $190,000 trading Gooncoin. The token launched on the rebranded Believe App via its X reply “Launch Coin” mechanism. Gooncoin is now trading at a $54.6 million market cap, up 70,000% in the last 24 hours. A Solana meme coin trader turned $332—or less than 2 SOL at the time—into nearly $190,000 by trading a newly launched meme coin called Gooncoin over the past 24 hours. The GOONC token was introduced late Monday night via Believe App’s “Launch Coin” mechanism, which allows any X (formerly Twitter) user to create a Solana token…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Ethereum price has crossed the $2,400 mark for the first time since March of this year, marking a significant recovery for the second-largest cryptocurrency by market capitalization.  This surge represents a remarkable 50% increase over the past month,…

Members of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued stablecoins could accelerate deposit outflows from traditional banks and reduce credit availability to local communities.According to the April 10 meeting records, council members expressed apprehension over pending legislation in Congress related to payment stablecoins and their regulatory treatment. They compared the threat of deposit migration from banks to stablecoin platforms to the exodus of funds to money market mutual funds in the late 20th century, which materially reshaped the financial landscape. Additionally, the council stated that stablecoins represent a digital analogue to that prior wave of disintermediation,…

Institutional appetite for digital assets is gaining momentum, with crypto investment products recording $882 million in inflows last week. According to new data from CoinShares, this marks the fourth straight week of positive flows.In 2025, digital asset investments have seen total inflows of $6.7 billion, which is rapidly approaching the $7.3 billion high set in February.James Butterfill, head of research at CoinShares, said the rally is tied to broader economic pressures. According to him, the growing global money supply, concerns over stagflation in the US, and supportive state-level policies of “Bitcoin as a strategic reserve asset” are all driving renewed…