Francisco Memoria

News Reporter

Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies

Articles by Author

Bitcoin Rally Stalling? Coinbase Premium Disappears as BTC Nears $100,000 Resistance

As the price of the flagship cryptocurrency Bitcoin ($BTC) hovers around the $99,000 mark the Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, has “disappeared.” According to a post from CryptoQuant analyst “maartunn,” the index disappeared “as soon as Bitcoin tagged $98,000,” which means that spot exchange-traded funds […]

Allianz Bets Big: Germany’s Insurance Giant Acquires 24.75% of MicroStrategy’s $2.6 Billion Convertible Bonds

Germany’s largest insurance company Allianz has made a significant investment in MicroStrategy’s recent $2.6 billion convertible note offering, acquiring 24.75% of the bonds. Data on the investment was shared by pseudonymous analyst Petruschki, who added a screenshot from the Bloomberg Terminal on a post on the microblogging platform X (formerly known as Twitter) showing Allianz’s […]

Massive Ethereum Whale Dumps 73,356 ETH, Retains $1.1 Billion in Holdings

A massive Ethereum whale that accumulated nearly 400,000 ETH when the second-largest cryptocurrency by market capitalization was trading at around $6 per token has recently restarted selling. According to data shared by on-chain analysis firm Lookonchain, the whale accumulated a total of 398,889 ETH for around $2.4 million between January and March 2016, with the […]

Spot Bitcoin ETFs Cross $100 Billion Milestone Amid $30 Billion Inflows and BTC Price Surge

The total assets under management of the 11 spot Bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission earlier this year have crossed the $100 billion milestone after seeing nearly $30 billion inflows and amid BTC’s price rise. According to data from SoSoValue, spot Bitcoin ETFs in the US now have around […]

Bitcoin Breaks $98,000 as Stablecoin Inflows Hit All-Time Highs Near $10 Billion

A surge in stablecoin inflows to cryptocurrency exchanges has ignited speculation that Bitcoin could reach the coveted $100,000 milestone before the end of November. Stablecoin inflows to cryptocurrency trading platforms have recently skyrocketed to a new monthly high near the $10 billion mark, suggesting investors are allocating additional capital to the cryptocurrency space as prices […]

Colossal Shiba Inu Whale Unveiled: $2.5 Billion in SHIB Across 150 Addresses

A colossal Shiba Inu (SHIB) whale holdings a staggering $2.5 billion worth of the meme-inspired cryptocurrency has been discovered, with their entire holdings being spread through a network of roughly 150 addresses. The whale holds 10% of SHIB’s supply. Shiba Inu was launched in 2020 as a fair launch accessible to anyone, and around 50% […]

MicroStrategy Strengthens Bitcoin Position With $4.6 Billion BTC Acquisition, Totaling 331,200 Coins in Treasury

Nasdaq-listed business intelligence firm MicroStategy has further cemented its position as the leading corporate holder of Bitcoin after a major $4.6 billion acquisition of 51,780 BTC, bringing its total holdings to a staggering 331,200 coins. According to data from BitcoinTreasuries, MicroStrategy has bought its Bitcoin stash at an average cost of $49,874 per BTC, having […]

Solana Open Interest Hits Record $5.6 Billion, Reflecting Surging Investor Interest

Solana (SOL) has been on a tear, with its price surging towards a new all-time high and fueling optimism among traders and investors to the point the altcoin’s upward momentum has seen open interest on it surge past the $5 billion mark. According to data from CoinGlass, open interest on Solana derivtives products – futures […]

Goldman Sachs Increases Bitcoin ETF Exposure by 83% to Now Hold $710 Million

Wall Street giant Goldman Sachs has revealed in a new filing with the U.S .Securities and Exchange Commission that it significantly increased its exposure to spot Bitcoin exchange-traded funds (ETFs). In a new 13F filing, the Wall Street titan revealed it holds $710 million worth of various spot Bitcoin ETFs, including 12.7 million shares in […]

Incoming Volatility? $4 Billion Options Expiry Looms Over Crypto Market

A total of $3.4 billion worth of Bitcoin ($BTC) options are set to expire today, November 15, 2024, while an additional $580 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $4 billion, the expiry of these contracts, representing […]

BlackRock’s iShares Bitcoin Trust Sees Explosive $3 Billion Inflows Amid BTC Surge

The spot Bitcoin exchange-traded fund (ETF) offered by the world’s largest asset manager BlackRock, the iShares Bitcoin Trust (IBIT), has seen over $3 billion of inflows over the past five days. According to data from Farside Investors, on November 7 BlackRock’s fund saw $1.119 billion inflows, while on the following day its inflows topped the […]

Cardano Foundation’s $478M Asset Report: BTC Holdings Could Now Top $100 Million Amid Market Surge

The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.22 million […]

Binance Exchange Reserves Hit Record 25% as Top-Tier Exchanges Dominate Market

Leading cryptocurrency exchange Binance has seen its researves reach a new all-time high of 25%. The metric, which measures the proportion of total cryptocurrency reserves held on the exchange, underscores Binance’s dominance within the sector. According to analysis published by CryptoQuant, the percentage of the reserves on Binance was at around 21% back in November […]

Spot Bitcoin ETFs Surpass $90 Billion in Assets Amid $6 Billion One-Day Surge

The spot Bitcoin exchange-traded funds (ETFs) launched in the United States earlier this year have seen their total assets cross the $90 billion mark after seeing a $6 billion ump in a single day, and are now over three-thirds of the way of surpassing gold ETFs in assets. That’s according to senior Bloomberg ETF analyst […]

Crypto Investment Products’ Assets Under Management Near $116 Billion Amid Market Rally

Cryptocurrency investment products saw total inflows of $1.98 billion after Republican candidate Donald Trump won the US presidential elections at a time in which cryptocurrency price started surging, with BTC now topping the $84,000 mark. According to CoinShares latest Digital Asset Fund Flows report, the inflows couple with the cryptocurrency market rally have pushed the […]

Bitcoin Surges to New All-Time High Above $82,000 Following Trump Election Victory

The price of the flagship cryptocurrency Bitcoin (BTC) has been seeing an extended rally after Republican candidate Donald Trump won the US presidential elections, to the point it’s now at a new all-time high above the $82,000 mark. According to CryptoCompare data, the cryptocurrency is at the time of writing trading at $81,170 after seeing […]

Two Bitcoin Whales Accumulate Over $140 Million in BTC Corrects Slightly After New ATH

Two massive Bitcoin (BTC) whales have accumulated over $140 million worth of the flagship cryptocurrency from leading crypto trading platform Binance, after BTC’s price saw a slight correction from a new all-time high. According to data shared by on-chain analytics firm Spot On Chain, one whale withdrew 1,225 BTC worth around $92.2 million at $75,200, […]

Spot Bitcoin ETFs See Record $1.38 Billion Inflows as Trump Victory Fuels BTC Surge to New All-Time High

Spot Bitcoin exchange-traded funds (ETFs) saw record daily inflows of $1.38 billion as the price of the flagship cryptocurrency reached a new all-time high near the $77,000 mark after Republican candidate Donald Trump won the U.S. presidential elections. According to data from Farside, BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), accounted for about […]

Dormant $1.14 Billion Ethereum Whale Awakens: Begins Selling After 8 Years

A massive Ethereum whale with over $1.14 billion worth of the second-largest cryptocurrency by market capitalization on their wallet has recently started selling TH after being dormant for the past eight years. According to data shared by on-chain analysis firm Lookonchain, the cryptocurrency whale has a total of 398,891 ETH in their wallet, and has […]

French Investor Nets $79 Million from High-Stakes Bet on Trump’s Election Win

A French investor has reportedly managed to make a near $79 million profit by betting on Republican presidential candidate Donald Trump to win the US elections, a bet that proved correct after Trump secured 295 Electoral College Votes. According to data shared by on-chain analysis firm Chainalysis, the French investor seemingly controlled a total of […]

Solana Surges Past BNB to Become Fourth-Largest Crypto by Market Cap After Trump’s Election Victory

Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB’s $85.6 billion. According to data from CryptoCompare, over the last 30-day period SOL’s price is up around 30% to now […]

Elon Musk’s Fortune Surges $26.5 Billion After Trump Secures US Election Victory

Tesla and Space X CEO Elon Musk saw his fortune surge 11.6% to $ billion after Republican presidential candidate Donald Trump won the US elections amid a broader rally for risk-on assets that saw the value of his companies surge. According to data from the Bloomberg Billionaire’s Index, Musk’s net worth exploded upward after the […]

Cardano (ADA) Price Surges Over 8% as Chang Hard Fork Nears

Popular smart contract network Cardano (ADA) has launched node 10.1 in a critical release ahead of the upcoming Chang 2 hard fork, which will bring significant upgrades to the network’s governance system, including completing the transition to on-chain governance. The price of Cardano has notably surged by more than 8% over the last 24-hour period […]

Bitcoin Whales Accumulate as Trump Secures Historic Comeback Victory, BTC Reaches New All-Time High

Large Bitcoin (BTC) investors, colloquially known as whales, are seemingly accumulating the cryptocurrency at a rapid pace as Republican candidate Donald Trump has won the US presidential election in what was deemed a “historic comeback.” As the latest US elections data shows Trump secured 277 Electoral College Votes, on-chain analysis service Lookonchain has revealed that […]

Bitcoin Price Hits New All-Time High Above $75,000 as Trump Takes Electoral College Lead

The price of the flagship cryptocurrency Bitcoin ($BTC) surged overnight to a new all-time high as Republican presidential candidate Donald Trump secured key victories in swing states in the US election and is considered likely to become the country’s next president. According to data from CryptoCompare, the price of Bitcoin surpass its $73,800 record seen […]

Mysterious Whale Sells Massive Trump Position on Polymarket Before Polls Open

A cryptocurrency whale betting on Republican candidate Donald Trump winning the upcoming US elections has sold off its entire stake on the elections, shortly before Americans head to the polls to decide who their next president is going to be. According to data from on-chain analytics service Lookonchain, the cryptocurrency whale which has the tag […]

Polymarket Betting on 2024 Election Surges Past $3 Billion, with $1.29 Billion on Trump

The highly-anticipated 2024 US Presidential election has seen the trading volume of bets on who is going to win it in leading prediction market Polymarket surpass the $3 billion mark, with bets on Republican candidate Donald Trump surpassing $1.29 billion. According to data from Polymarket, bets on Vice President Kamala Harris now stand above the […]

Solana’s Monthly Active Addresses Skyrocket to 138 Million as SOL Ecosystem Grows

The number of monthly active addresses on the Solana (SOL) network has reached 138 million this month, after seeing exponential growth throughout the year amid a wider cryptocurrency market recovery. According to data from Artemis, Solana had around 13.8 million monthly active addresses at the beginning of the year, with the figure gradually growing until […]

Crypto Whale Doubles Down on Trump Election Bet Despite $1 Million in Unrealized Losses

A massive cryptocurrency whale known as “zxgngl” has withdrawn $2.36 million in the USDC stablecoin from leading cryptocurrency exchange Binance, seemingly in a bid to double down on their Polymarket bet that former U.S. President Donald Trump will win the upcoming elections. According to popular on-chain analysis service Lookonchain, the whale has withdrawn a total […]

Trump’s Presidential Election Odds Drop Sharply on Polymarket Amid Whale Influence Decline

Presidential election odds on popular Polygon-based predictions market Polymarket have shifted significantly over the past weekend, with the odds of former U.S. President Donad Trump beating current Vice President Kamala Harris narrowing from around 66.9% to 57%. Similarly, Harris’ odds of winning the election, according to Polymarket traders, jumped from 33.1% to 43% at the […]

Bitcoin, Gold Could Rally on Trump Election Win Amid Retail ‘Debasement Trade’ Surge: JPMorgan

Analyst at JPMorgan Chase have suggested that if U.S. Presidential candidate Donald Trump wins the elections, both Bitcoin and gold could see additional upside as retail investors embrace the “debasement trade.” In a recent report, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou wrote that retail investors “appear to be embracing the debasement trade in […]

Paper Hands? Reddit Sold Its Bitcoin and Ether Ahead of BTC’s Rally Above $70,000

Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S. Securities and Exchange Commission (SEC), […]

Spot Bitcoin ETF Holdings Surpass 1 Million BTC on White Paper Anniversary

The total holdings of the spot Bitcoin exchange-traded funds (ETFs) approved in the United States earlier this year have surpassed the 1 million BTC market, meaning total market capitalization of the BTC held by these funds is now above a staggering $72.5 billion. According to data from CoinGlass, the milestone was achieved after these funds […]

Ethereum (ETH) Poised for Breakout? Analyst Suggests Potential Rally to $6,000

The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up. According to a chart shared by popular cryptocurrency analyst Ali Martinez, Ethereum managed to hold onto its $2,400 support level […]

Gold Demand Hits Historic $100 Billion Milestone Amid Geopolitical Tensions

Gold demand reached a historic milestone in the third quarter, surpassing $100 billion for the first time, according to a new report from the World Gold Council (WGC), in a surge fueled by geopolitical tensions and a flight to safe-haven assets, propelled the precious metal to record-breaking prices. Total gold demand climbed 5% year-over-year to […]

Spot Bitcoin ETFs’ Inflows Top $23 Billion As BTC’s Price Nears All-Time High

The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $23 billion in total inflows, with these funds seeing their third-highest daily inflows after BTC’s price topped $72,000. According to a recent Bloomberg report these funds, which include BlackRock’s iShares Bitcoin Trust (IBIT) […]

Bitcoin Whale from 2012 Resurfaces, Shifts 159 BTC as Crypto Surges Past $71,000

A long-dormant Bitcoin whale has stirred from its twelve-year slumber as the price of the cryptocurrency broke through the $71,000 mark and moved 159 BTC worth around $11.3 million out of its wallet. The mysterious cryptocurrency whale, who amassed 749 BTC back in 2012 when the cryptocurrency was trading at around $11 for a total […]

Gold Funds See Massive $3 Billion Weekly Inflows as Market Cap Hits Record $18.4 Trillion

Gold funds saw a stunning influx of $3 billion last week, marking the second-largest inflow on record and a staggering triple the average weekly flow in recent months as investors keep on pilling into the precious metal. These inflows have helped propel gold prices to a 33% year-to-date rally, positioning the precious metal for its […]

Solana’s Market Capitalization Nears That of BNB as SOL Moves to Become Fourth-Largest Crypto

The price of then native token of smart contract platform Solana, SOL, has been significantly outperforming most other digital assets over the past few weeks, to the point that it’s nearly overcoming Binance’s BNB to become the fourth-largest digital currency by market capitalization. According to available market data, Solana’s current market capitalization stands at $84.4 […]

Buddhist Kingdom of Bhutan Deposits 929 BTC on Binance, Retains $886 Million Bitcoin Stash

The Royal Government of Bhutan has started depositing large amounts of the flagship cryptocurrency Bitcoin (BTC) that it acquired through its mining operations into leading cryptocurrency exchange Binance. The Buddhist Kingdom’s move comes after the price of the cryptocurrency surged more than 3.8% over the last 24-hour period to now trade at $71,200 per coin. […]

US Dollar Dominance Soars to 49% as Euro’s Share of Global Payments Hits a Decade Low

The US Dollar has reasserted its dominance in global finance, capturing a staggering 49% share of international payments, a 12-year high after a significant 9% surge over the past two years. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), data from SWIFT shows that the Euro, once a significant […]

Robinhood Unveils U.S. Presidential Election Event Contracts

Major trading platform Robinhood has announced the launch of U.S. presidential election event contracts, effectively allowing its users to trade based on their predictions of the election’s outcome. According to a CNBC report, the Nasdaq-listed trading platform said the election event contracts are now rolling out to a limited number of users, and that customers […]

Bitcoin Set for Takeoff? Golden Cross and Whale Activity Fuel $100,000 Price Speculation

The world’s largest cryptocurrency Bitcoin (BTC) could be on the verge of a significant upward movement as on its daily chart the cryptocurrency is on the verge of forming a bullish “golden cross” pattern. A golden cross is formed when an asset’s short-term moving average crosses above its long-term moving average. Golden crosses are seen […]

Bitcoin Could Bring Microsoft ‘Next Trillion Dollars’ in Value, Michael Saylor Suggests

Michael Saylor, MicroStrategy’s co-founder and executive chairman, has told Microsoft (NASDAQ: MSFT) CEO Satya Nadella that he could help the company make “the next trillion dollars for MSFT shareholders.” In a post on the microblogging platform X (formerly known as Twitter). Saylor tagged Nadella and added along an image with a recent proposal for Microsoft […]

Satoshi-Era Whale Begins Selling $82 Million Bitcoin Stash

A Satoshi-era Bitcoin whale who has held their cryptocurrency since 2009 begun to sell their holdings, after it started mining the flagship cryptocurrency just five days after its first block was created. Blockchain analysis firm Arkham Intelligence has been tracking the investor’s activity, which began with a series of transactions to American crypto exchange Kraken […]

Elon Musk’s Wealth Soars by $33.5B in a Day as Tesla Stock Surges 22%

Tesla, X, and Space X CEO Elon Musk has seen his net worth skyrocket by a whopping $33.5 billion in a single day this week after his electric car maker’s shares jumped 22% on Thursday after it reported its biggest gain in over a decade. According to Bloomberg, the electric vehicle manufacturer’s impressive quarterly earnings […]

Ethereum’s Futures Market Shows Signs of Short-Squeeze Risk as Leverage Hits Dangerous Levels

Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency’s futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline. If Ethereum’s price were to surge unexpectedly, these traders […]

Tesla Shakes Up Bitcoin Stash, But Holdings Remain Near $780 Million in BTC

Elon Musk’s electric car maker Tesla is believed to still be holding onto its nearly $780 million worth of Bitcoin, despite moving the funds from its wallets for the first time in two years, prompting rumors the firm was selling its BTC holdings. Blockchain analytics firm Arkham Intelligence has, on the microblogging platform X, recently […]

$473 Billion Debt Increase in Just Three Weeks Pushes U.S. National Debt to Unprecedented Levels

The total U.S. Federal debt grew by a whopping $473 billion over the past three weeks to reach a record $35.8 trillion, meaning that the country has taken on $1,450 of debt for every American in that same period. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the rise […]

Overheated Market? 95% of Bitcoin Wallets Are Now in a State of Profit

Bitcoin’s recent price surge to surpass the $68,000 mark has left a staggering 95% of Bitcoin addresses on chain enter a state of profit, which has led to a boom in market sentiment amid the recovery. According to data shared by on-chain data firm IntoTheBlock, only 3% of Bitcoin addresses are currently at-the-money, meaning that […]

Crypto Trader Turns $86,000 Into $3.75 Million Betting on Memecoin Promoted by Popular AI Agent

A cryptocurrency trader has managed to make a 3,360% betting on a popular meme-inspired cryptocurrency, Goatseus Maximus ($GOAT), that has been heavily promoted by an artificial intelligence (AI) bot funded by Andreesen Horowitz called “Truth Terminal.” According to data from Lookonchain, the cryptocurrency trader, which also managed to make a 226% return using another meme-inspired […]

The Fed Is ‘Attempting Something Unprecedented’ as It Navigates Massive Inflation Drop

The U.S. Federal Reserve is currently “attempting something unprecedented,” as inflation in the country has dropped by a whopping 5.8% over the last two years – the largest drop since the 1980s – to stand at 2.4% in September. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the drop […]

Spot Bitcoin ETFs Surpass $20 Billion in Inflows as Price Hovers $67,000 Mark

The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $20 billion in total inflows, with BlackRock’s iShares Bitcoin Trust (IBIT) leading with $22.4 billion inflows. According to data shared by Bloomberg’s senior ETF analyst Eric Balchunas on the microblogging platform X, these […]

Key Technical Indicator Signals Potential Surge for Meme-Inspired Token Up 70% in October

The price of a meme-inspired cryptocurrency Dogwifhat ($WIF) could keepon rising in the near future after enduring a slight correction, with a key technical indicator now flashing a buy signal amid a wider cryptocurrency market recovery. According to a chart shared by popular cryptocurrency analyst Ali Martinez on the microblogging platform X (formerly known as […]

New Bitcoin Whales’ Holdings Skyrocket 813% Year-to-Date to Over $130 Billion

Bitcoin whales have been aggressively accumulating the flagship cryptocurrency, to the point that new whale wallets now hold 9.3% of the cryptocurrency total supply valued ar around $132 billion. That’s according to data from on-chain analytics firm CryptoQuant, firstshared by its CEO Ki Young Ju, who noted that these new whale wallets now hold 1.97 […]

Gold Prices Near 30% Rise YTD as US Election Concerns and Market Volatility Boost Safe Haven Appeal

Gold prices surged to near-record highs this week as investors braced for a potentially contentious US presidential election, with polls showing a tight race and uncertainty over the outcome fueling demand for the precious metal as a safe haven asset. Central banks, some of the heaviest gold buyers, have further increased their purchases in recent […]

Metaplanet Adjusts Bitcoin Put Options, Raising Strike Price to $66,000 as Optimism Grows

Metaplanet, a publicly traded company on the Tokyo Stock Exchange (TSE: 3350) has adjusted its previously disclosed Bitcoin put options strategy, moving the strike price from $62,000 to $66,000 as the company remains optimistic about the cryptocurrency’s future price movements. The move, known as an options roll-up, is a strategy in which investors close an […]

CoinDesk Strengthens Data Services with CCData and CryptoCompare Acquisition

Leading cryptocurrency media, events, indices and data provider CoinDesk has announced the acquisition of CCData, a leading UK-based benchmark administrator and a prominent provider of digital asset data and index solutions and CryptoGlobe’s parent company. The deal includes CryptoCompare, CCData’s retail platform that serves over 300,000 active users and expands CoinDesk’s information services and data […]

’Evil Axis’ Threatens Global Economy: JPMorgan CEO Issues Dire Warning Amid Rising Geopolitical Tensions

JPMorgan Chase CEO Jamie Dimon has issued a major warning about the global economic situation over ongoing geopolitical threats coming from an “evil axis” that shows “that conditions are treacherous and getting worse.” Dimon’s words came in a press release from the financial git accompanying its third-quarter earnings, which beat analysts’ expectations and saw the […]

Crypto Whale Turns $150K into $6.44M in Just Two Months

A cryptocurrency whale has managed to turn over $150,000 into a $6.44 million war chest in just two months using a meme-inspired cryptocurrency SPX6900 ($SPX), which saw its value explode more than 3,100% over the past month. According to data shared by on-chain analysis service Spot On Chain, the cryptocurrency whale spent $153,000 to buy […]

Most Read