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🔘 Mt. Gox, the Japanese Bitcoin exchange that suffered a notorious collapse in 2014, is to begin distributing repayments to its creditors in the form of Bitcoin and Bitcoin Cash starting in July. 🔘 The collapse of Mt. Gox triggered years of legal proceedings and efforts to recover the lost assets. In 2018, approximately 200,000 Bitcoins were recovered, initiating a lengthy rehabilitation process under the oversight of a court-appointed trustee. Creditors have since been awaiting compensation, with multiple delays frustrating the process. 🔘 The latest filing shows starting in July 2024, the rehabilitation trustee will commence the repayment process, distributing BTC and BCH to creditors. Community | OTC | Reviews | Twitter

✨ American rapper Juaquin James Malphurs, better known as Waka Flocka Flame, has come under scrutiny after the controversial launch of his memecoin on the Solana blockchain network. ✨ The rapper from Atlanta took to social media platform X on Monday morning to announce the launch of the Solana-based token FLOCKA, sharing its ticker symbol and contract address with his 1.8 million follower Community | OTC | Reviews | Twitter

💥Several crypto miners gathered at Mar-a-Lago on Tuesday night to meet with presidential candidate Donald Trump, who promised to advocate for them internationally 💥The attendees included representatives from top Bitcoin mining companies such as CleanSpark, Riot Platforms, Marathon Digital, and other prominent industry players Community | OTC | Reviews | Twitter

⭐️ From Dogecoin to Shiba Inu: The Wild Ride of Meme Coins and Investor Risks ⭐️ The crypto market has seen a surge in the popularity of meme coins, which are cryptocurrencies that often start as jokes or internet memes but rapidly gain value due to investor enthusiasm and social media buzz. These coins, which include notable examples like Dogecoin and Shiba Inu, appeal to a unique blend of investors driven by Fear of Missing Out (FOMO) and the power of community engagement. Community | OTC | Reviews | Twitter

📉 BlackRock Files Revised S-1 Form for Spot Ethereum ETF as Launch Looms 📈 Analysts suggest that spot Ethereum exchange-traded funds (ETFs) in the United States could potentially launch by late June. BlackRock, a leading asset management firm, recently updated its Form S-1 filing for its iShares Ethereum Trust (ETHA), a crucial step towards the ETF’s approval and subsequent trading. Community | OTC | Reviews | Twitter

💰 Billionaire Telegram Founder Pavel Durov Holds $7 Million in Notcoin, Pledges to Hold Until 100x 💰 Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin. The players donated a portion of their in-game coins to Durov as a gesture of gratitude for the messaging app that hosts the crypto game. The donated haul has now surged in value to millions of dollars, and Durov has said he plans to hold onto the tokens until they experience a 100x increase. Community | OTC | Reviews | Twitter

🏆 Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals 🏆 Wells Fargo, the third largest bank in the United States, has invested in one of the country’s new Bitcoin ETF products. According to a 13F-HR form submitted on Friday, the bank held exposure worth $143 million across three different Bitcoin investment products as of March 31. Community | OTC | Reviews | Twitter

🔌 Malaysian State Records Largest Number of Power Theft Cases Linked to Crypto Minin 🔌 Representatives from the Sarawak police and Sarawak Energy plant revealed estimated monthly losses of 30,000 Ringgit ($6,276) for the utility company, for stealing electricity to power Bitcoin mining operations. Community | OTC | Reviews | Twitter

🔥 Investor Caution Persists as Digital Asset Investment Products See $126M in Outflows 🔥 While trading volumes did experience a slight increase from $17 billion to $21 billion on a week-on-week basis, activity in exchange-traded products (ETPs) and exchange-traded funds (ETFs) dropped relative to the overall market, according to a CoinShares report. ETP/ETF activity accounted for 40% of total volumes on trusted exchanges over the past month but decreased to 31% last week, indicating the cautious approach adopted by investors. Community | OTC | Reviews | Twitter

📈 Is The Bitcoin Bull Run Losing Steam? Indicator Signals Potential Slowdown 📉 Bitcoin’s on-chain momentum may be showing signs of a potential slowdown with the Value Days Destroyed (VDD) Multiple indicator surging above 4.0 pre halving, leading to speculation among crypto traders about the end of the current bull run. The VDD Multiple is a popular indicator that identifies instances where the price of Bitcoin may be overheating and approaching its peak during major market cycles. Community | OTC | Reviews | Twitter

🔥 Digital Asset Products See $862M in Inflows, Nearly Erasing Previous Week’s Outflows 🔥 Digital asset investment products experienced a positive turnaround in sentiment as inflows reached a total of $862 million last week, almost fully recovering from the record outflows of $931 million in the prior week. However, Grayscale, a prominent digital asset management firm, experienced outflows of $967 million during the same period. Short-Bitcoin products, on the other hand, faced outflows for the second consecutive week, totaling $2 million. Community | OTC | Reviews | Twitter

🦊 Revolut Reveals Revolut Ramp in Partnership with MetaMask 🦊 Banking services provider Revolut has joined hands with the popular crypto wallet MetaMask, revealing Revolut Ramp. According to the press release shared with Cryptonews, Revolut Ramp is the latest crypto offering available to users in the UK and European Economic Area (EEA). With this feature, said Revolut, the company is “doubling down on its commitment to the world of cryptocurrency.” Community | OTC | Reviews | Twitter

🛡 Bitcoin Price to Hit $100k by June 2024, Predicts Rich Dad Poor Dad Author 🛡 Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position as a prominent advocate for cryptocurrency and “hard assets” like gold and silver. Community | OTC | Reviews | Twitter

📍 Hong Kong Authorities Urge Crypto Investors to Verify Licenses 📍 Hong Kong’s securities regulator warned crypto investors on Monday to only use licensed trading platforms and to verify the status of the exchanges they have signed up to. “Investors should check the regulatory status of a VATP from time to time and in any event on 1 March 2024,” the Securities and Future Commission’s notice said. Community | OTC | Reviews | Twitter

💸 dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal 💸 The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens from the decentralized autonomous organization (DAO) treasury. Community | OTC | Reviews | Twitter

📉 Crypto-Linked Violations Rack Up $2.8B in SEC Fines in 2023 📈 A Cornerstone Research report published Wednesday showed that crypto fines against digital asset market participants hit $2.89b by the end of 2023. That’s an 11% jump from the $2.6b in fines imposed through 2022. The findings show that as the crypto market grows, so does the SEC’s role in protecting investors. Lawmakers globally, and especially in the US, have sought to balance industry regulation with innovation. The report further showed that the SEC initiated a total of 46 crypto-related enforcement actions, a 53% jump compared to 2022. Fraud and unregistered securities offerings were the most frequent allegations. Community | OTC | Reviews | Twitter

📍 US Spot Bitcoin ETFs Attracting European Bitcoin ETPs – CoinShares Analyst 📍 Spot Bitcoin ETFs are already grabbing the headlines, according to a recent CoinShares report released on January 15. In the blog post, the digital assets investment firm revealed a $1.18 billion inflow into the crypto space in the past week. Turning its searchlight into the region receiving the bulk of these funds, CoinShares’ James Butterfill identified the US market as the principal recipient of the net inflows. Community | OTC | Reviews | Twitter