Online payments giant PayPal is reportedly eyeing to expand the user base of its US-dollar-backed stablecoin by integrating the asset into several of its products this year. Bloomberg reports that the California-based firm is targeting its more than 20 million small-to-medium-sized merchants to use PayPal USD (PYUSD) by giving them the option to use the […]
Analyst and trader Ali Martinez is warning that a bearish signal is flashing on Bitcoin (BTC) amid a correction that has seen the crypto king fall to a three-month low. Martinez tells his 128,800 followers on the social media platform X that a bearish divergence is evident on Bitcoin’s weekly time frame. A bearish divergence […]
The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion Credit, Limits Salvadoran Bitcoin Purchases The International Monetary Fund (IMF) has finally greenlighted a […]
Around 58,000 Bitcoin options contracts will expire on Friday, Feb. 28, and they have a notional value of roughly $4.7 billion. This week’s expiry event is larger than usual because it is the end of the month. However, the impact on spot markets is likely to be minimal as they’re already reeling from US President […]
TL;DR The MEME Act is a law that seeks to prohibit public officials and their families from issuing or endorsing cryptocurrencies, including memecoins. Tokens associated with Donald and Melania Trump have lost much of their value, affecting thousands of investors. Regulators and lawmakers continue to debate who should oversee memecoins and their impact on financial […]
TL;DR The price of Bitcoin has fallen to $84,700 after a temporary spike to $87,000, affected by new trade tariffs between the U.S., Canada, and Mexico. Major altcoins, like Ethereum, BNB, and XRP, have suffered moderate losses, while Polkadot and Dogecoin have seen slight increases. Analysts are observing a “gap” in Bitcoin futures that could […]
As the cryptocurrency market heats up, attention turns to emerging altcoins with impressive growth potential. While some established coins face challenges in reaching key price milestones, a new contender is capturing the spotlight. This fresh entrant is drawing significant interest with its remarkable potential for massive returns, prompting discussions among enthusiasts and investors during this […]
Key Takeaways: Pakistan is reportedly considering setting up a “National Crypto Council” to study the possibility of legalizing cryptocurrencies. It came after a meeting between the Finance Minister and advisors associated with Donald Trump. The council aims to develop policies and address regulatory challenges in the crypto space. Pakistan, a country home to a large population […]
HodlX Guest Post Submit Your Post The tokenization of RWAs (real-world assets) stands at an inflection point, with the market reaching $56 billion and poised for explosive growth. While skeptics have long criticized cryptocurrency’s lack of intrinsic value, RWA platforms fundamentally reshape this narrative by bringing tangible assets – from real estate to equities – […]
The cryptocurrency market is getting absolutely clobbered
The first cryptocurrency, Bitcoin, was mined in 2009 and sparked a whole new way to invest. In 2013, a new concept called a meme coin was launched as …
Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks. This significant downturn has been marked by considerable selloffs and a lack of upward momentum. However, amidst this bearish trend, a new development within the Bitcoin mining community has been highlighted by […]
Master Ventures founder Kyle Chasse says Bitcoin needs to find genuine buyers, not hedge funds, who “don’t care about Bitcoin” and are just chasing “low-risk yield.”
Arizona’s Senate has advanced a Bitcoin reserve bill, bringing it to second place behind Utah in a race between US states to get a crypto investment bill approved. The Arizona Senate passed the Strategic Digital Assets Reserve bill (SB 1373) on its third reading on Feb. 27 with a vote of 17 for and 12 […]
Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000. Santiment’s social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between Feb. 25 and 26 are “showing a very high […]
New legislation would mandate fraud warnings, transaction limits, and mandatory refunds for crypto ATM users, aiming to curb scams and hold operators accountable. Senators Introduce Crypto ATM Fraud Prevention Act U.S. Senator Jack Reed (D-RI) announced on Feb. 26 that he has introduced the Crypto ATM Fraud Prevention Act (S. 710) to address the growing […]
A closely followed economist thinks that Bitcoin (BTC) may be repeating a similar pattern from last year and still has room to run to the upside. Alex Krüger tells his 206,800 followers on the social media platform X that Bitcoin’s latest severe correction is similar to when the flagship crypto asset collapsed to range lows […]
While the meme coin supercycle is kicking into high gear with thousands of new token launches daily, some of the biggest coins in this sector are falling behind. Dogecoin ($DOGE), the leading meme coin by market cap, is down 18% in the past week and has seen trading volume slow to a trickle. That begs […]
We’re thrilled to announce that VVV is now available for trading on Kraken! Funding and trading VVV trading will be live as of 15:00 UTC today, Feb 27, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into […]
Key Takeaways: The Total Value Locked (TVL) in Solana has dropped 40% in the past month, mirroring a broader decline in activity across its network. The memecoin frenzy on Solana is also fading, contributing to periods of stagnation for SOL’s price. In technical terms, the SOL price is likely to visit $110 before encountering strong support. […]
Dubai, United Arab Emirates, February 27th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced significant progress in restoring assets and rebuilding trust following a recent security incident. Demonstrating its commitment to transparency and resilience, Bybit has swiftly implemented recovery measures and enhanced security protocols to protect its global user community. […]
In many cases, Bitcoin’s price trajectory influences that of other crypto assets like Pepe coin in the industry. With Bitcoin’s continuous bearish sentiment over the past month, Pepe’s price has dropped significantly, falling by over 65% from the December high. But to what extent will the Bitcoin bear trend affect Pepe’s price? Expert analysis has […]
Saylor claims that Bitcoin is “the best way” to promote personal liberties
MARA Holdings, the publicly listed Bitcoin (BTC) miner from Wall Street (NASDAQ: MARA), announced record financial results for the fourth quarter and full year 2024. Revenue, net income, and adjusted EBITDA significantly increased despite April’s bitcoin halving event. MARA Reports Record Q4 and Full-Year Results, The cryptocurrency mining giant reported a 37% increase in Q4 […]
Steve on Your Side talks with a woman who was victim to a cryptocurrency ATM scam, and the efforts currently underway by lawmakers to help …
Bitcoin price started a fresh decline below the $85,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $86,500 zone. The price is trading below $82,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]
Founders Fund partner Joey Krug claims the Biden-era SEC told crypto founders that settled with them that they could no longer work in the industry.
As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday’s opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration. Futures Expiry and Political Winds Fuel Speculation At […]
A new decentralized artificial intelligence (AI)-based altcoin is surging to the upside after abruptly gaining support from the world’s largest crypto exchange platform by volume. In a new announcement, Binance says its adding support for MyShell (SHELL), a protocol that allows users to create, share and own AI agents that can be used for professional […]
The Mystery Society, a Web3 game that pairs the casual-friendly gameplay of Among Us with a murder mystery vibe, has suspended development after developer Great Big Beautiful Tomorrow said it struggled to find funding to continue supporting the game. The web-based game debuted in early 2024 as the studio raised $3 million in a funding […]
Gemini co-founder Cameron Winklevoss announced that the US Securities and Exchange Commission (SEC) had officially closed its investigation into the cryptocurrency exchange and would not be pursuing enforcement action. This decision comes nearly two years after the probe began and over nine months after Gemini received a Wells Notice. SEC Closes Gemini Case In his […]
We have increased our selection of margin collateral currencies to now include ARB, FIL, GRT, INJ, KAS, KSM, MINA, SEI & TIA. We’re committed to providing traders with greater flexibility and control, and are excited to announce a significant expansion in our margin collateral opportunities for Kraken Pro traders. With this update, the number of […]