Author: Oscar
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Russian Darknet Dominates Crypto Drug Trade With $1.65B in Transactions
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Despite crypto’s evolving regulatory landscape, Russian-language darknet marketplaces dominated drug-related crypto transactions in 2024, accounting for over 97% of illicit activity on Bitcoin and TRON networks. A TRM Labs report highlights the resilience of these platforms and a growing shift toward encrypted communication channels for illegal transactions. Why Russian Darknets Continue to Thrive Several factors…
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Trump Family Expands Crypto Empire with Bitcoin Mining Venture
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The Trump family is deepening its involvement in the cryptocurrency sector, this time venturing into Bitcoin mining. Eric Trump and Donald Trump Jr. have announced their investment in American Bitcoin, a new mining company formed through the merger of Hut 8 and American Data Centers. This move marks the third major crypto-related business the Trump…
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MicroStrategy Buys Another 22K Bitcoin: Bold or Risky Move?
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MicroStrategy (MSTR) has strengthened its position as the world’s largest corporate Bitcoin holder, adding 22,048 BTC for $1.92 billion. This brings its total holdings to 528,185 BTC, worth over $43 billion at current prices. How MicroStrategy Funded the Purchase The acquisition was primarily funded through common stock issuance, raising $1.2 billion in the week ending…
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MetaMask Launches Crypto Card in Argentina: A Milestone for Adoption
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MetaMask, one of the world’s most popular crypto wallets, has launched a crypto card in Argentina, marking a major step towards real-world cryptocurrency adoption. This move allows users to spend digital assets directly, making crypto transactions more practical in daily life. Why Argentina? Argentina’s economy has struggled with high inflation and currency instability, pushing many…
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MicroStrategy Stock Drops 11% — Is Bitcoin the Next to Fall?
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MicroStrategy’s (MSTR) stock took a sharp hit on March 28, plunging 11% to close at $289.41, sparking concerns across the crypto space. Given the company’s massive Bitcoin holdings (over 140,000 BTC), its stock performance often mirrors Bitcoin’s. But this time, the fall in MSTR was far steeper than that of Bitcoin itself — raising red…
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Bitcoin Crashes Below $84K as $115B Sell-Off Shakes Market
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The crypto market took a sharp turn on Friday, with Bitcoin (BTC) plunging below $84,000, wiping out nearly all of the week’s gains. A $115 billion rout hit the broader market, fuelled by macroeconomic worries and poor U.S. data, with Ethereum (ETH) also suffering a historic drop in strength against BTC. Market-Wide Sell-Off Erases Weekly…
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Galaxy Digital to Pay $200M in Luna Settlement: A Lesson in Hubris
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Galaxy Digital Holdings, led by billionaire Michael Novogratz, has agreed to pay $200 million in penalties to settle allegations of misleading practices related to the failed Luna cryptocurrency. The settlement with the New York attorney general highlights the lingering fallout from one of the crypto industry’s most infamous collapses. The Settlement Details The $200 million…
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Crypto Market Suffers $659 Billion Loss: Ethereum and Solana Lead Decline
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The crypto market has experienced a significant downturn, with the top five cryptocurrencies shedding $659 billion since their 2025 peak, according to a detailed analysis by Cryptoquant. Here’s a closer look at how major digital assets have performed in this challenging market environment. Ethereum and Solana Bear the Brunt Ethereum (ETH) and Solana (SOL) have…
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Solana’s Revenue Drops 80% in March Despite Stable Price
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Solana (SOL), a blockchain known for its high-speed transactions and low fees, faced a significant blow in March 2025 with an 80% drop in monthly revenue. Key usage metrics also fell sharply, signalling a slowdown in ecosystem activity—even as the SOL price held relatively steady. DApp Activity Plummets The sharp decline in revenue is largely…
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Bitcoin Whales Scoop Up $11 Billion Amid Market Optimism
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According to blockchain analytics firm Glassnode, bitcoin whales—wallets holding over 10,000 BTC—have acquired 129,000 BTC worth $11.2 billion since 11 March. This marks the largest accumulation rate since August 2024, indicating rising confidence among major market participants. Bitcoin has rebounded from its lows under $78,000 to $87,500, with bullish sentiment fuelled by dovish Federal Reserve…