About 20 US states may inject over $23 billion into Bitcoin
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… cryptocurrency market. The moves come as Trump and his allies push for a drastic makeover of the financial regulatory system, reversing Biden-era …
Founder: Nicolas Burtey Date Founded: September 2019 Location of Headquarters: United States Number of Employees: 11 Website: https://www.galoy.io/ Public or Private? Private Last week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans. Lana helps community and challenger banks (the banks with which Galoy is looking to work) to offer […]
Key Takeaways: Bitcoin and Ethereum ETF holdings of Goldman Sachs increased drastically. This is an indication that the traditional financial institutions see crypto as essential. Even though traditional finance initially was against it, it is actually the market dynamics and customer demand that are forcing the change. The cryptocurrency space is experiencing renewed momentum, with […]
By launching its Macro Strategic Reserve, World Liberty Financial (WLFI) has advanced significantly and strengthened its position in the dynamic Bitcoin market. The approach, which seeks to fortify the business’s financial foundation, coincides with heightened turbulence in the digital asset market. Although this seems like a well-planned approach, questions have already been raised concerning WLFI’s […]
Analysts believe that Bitcoin could follow gold’s recent tear to new highs and reach a cycle top at $400,000.
TL;DR Bitcoin’s price dropped by 1.91%, while Ethereum and other cryptocurrencies also saw significant losses due to an unexpected rise in inflation in the U.S. for January. The Consumer Price Index (CPI) increased by 3% year-over-year, surpassing analysts’ expectations, raising concerns about potential persistent inflation. Despite the decline, many analysts remain optimistic about cryptocurrencies in […]
TL;DR Cathie Wood, CEO of ARK Invest, predicts that Bitcoin could reach $1.5 million by 2030, driven by institutional adoption and growing demand as an asset class. The prediction is based on a compound annual growth rate (CAGR) of 58% over the next five years. However, Bitcoin’s price must surpass $100,000 to ensure a steady […]
Bloomberg crypto analysts Eric Balchunas and James Seyffart have projected optimistic approval odds for several cryptocurrency ETFs. The team places Litecoin ETF approval chances highest at 90%, with Dogecoin, Solana and XRP following in descending order of likelihood. The SEC’s classification of assets as either commodities or securities plays a crucial role in the approval […]
Elon Musk changed his X username to ‘Harry Bōlz’, triggering a wave of Solana-based memecoins that saw rapid price spikes and crashes, typical of pump-and-dump schemes. Musk, who previously used the alias in 2023 as a prank, seemingly adopted it in response to media coverage of Edward Coristine, a controversial DOGE staffer known as “Big […]
Frog-themed cryptocurrency projects are rapidly emerging as one of the most talked-about trends in the market. With Pepe Unchained successfully listed, Wall Street Pepe’s presale sold out, and Pepeto’s presale gaining momentum, these projects are drawing attention from investors eager for the next big success. This surge in interest mirrors the last bull market, when […]
TL;DR Grayscale’s Cardano ETF filing boosts confidence, with analysts eyeing targets of over $3 for ADA’s valuation if approved. Whales have accumulated 1.4 billion ADA since November 2023, reducing supply and potentially contributing to a 110% price increase since then. Where Next for ADA? Cardano’s native token is among the very few leading altcoins charting […]
President Donald Trump’s cryptocurrency venture, World Liberty Financial (WLFI), announced a major strategic initiative called “Macro Strategy” to establish a token reserve, marking a significant expansion in the digital asset space during his second presidential term. Trump’s World Liberty Financial Unveils Strategic Crypto Reserve Amid Digital Asset Expansion The newly launched Macro Strategy represents WLF’s […]
A crypto strategist who has earned the “Master Trader” rank on the digital asset exchange Bybit thinks Litecoin (LTC) is gearing up for a big burst to the upside. Pseudonymous analyst Bluntz tells his 315,900 followers on the social media platform X that looks bullish against the US dollar and Bitcoin (BTC). According to the […]
An Alabama man has pled guilty to hacking the U.S. Securities and Exchange Commission’s (SEC) X account last year and faces up to five years in prison. In January 2024, Eric Council Jr., 25, conspired with others to commandeer the SEC’s X account and prematurely announce the approval of spot Bitcoin (BTC) exchange-traded funds (ETF) […]
For years, Polymarket and Kalshi have dominated the prediction market sector, offering users a platform to wager on future events. But the tides of change are upon us as Devine Protocol, a prediction market being built on the SUI blockchain, is emerging as a formidable contender to challenge these established giants and potentially carve out […]
Has midterm growth of Binance Coin (BNB) started again?
Cryptocurrency donations are already seamlessly integrated into all JustGiving fundraising pages in the U.K., and this feature is now extended to U.S. …
Bitcoin has experienced a challenging period recently, with its price consistently declining over the past several days. After failing to maintain its position above the six-figure mark, the leading cryptocurrency now trades below $97,000. At the time of writing, BTC trades at a price of $96,939, marking a 0.8% decline in the past day and […]
The contestants will compete for a prize pool that includes a $1.5 million incubation fund, a $100,000 accelerator package and ongoing strategic support.
TL;DR Franklin Templeton has registered the “Franklin Solana Trust” in Delaware, signaling potential entry into the Solana spot ETF market. The move aligns with industry trends and follows similar applications from Canary Capital and Grayscale, increasing the chances of SEC approval. Despite the registration news, Solana’s native token, SOL, experienced a price drop, reflecting cautious […]
TL;DR Tether partners with Arbitrum One blockchain for its new interoperable stablecoin, USDT0, aiming to enhance connectivity and liquidity across Ethereum, Tron, and TON. The integration uses Arbitrum’s Legacy Mesh solution to facilitate seamless USDT transfers between major blockchains, reducing costs and increasing liquidity. This collaboration is expected to significantly impact the stablecoin market by […]
Testifying before the Senate Banking Committee on Tuesday, US Federal Reserve Chair, Jerome Powell, endorsed the creation of a regulatory framework for stablecoins that could support their growth while protecting consumers and businesses. Powell also said he would oppose the creation of a CBDC in the US, echoing President Donald Trump’s election promise to block […]
SEC acknowledges Solana ETFs, suggesting a decision is coming soon. Bloomberg experts place the potential approval odds at around 70%, with Litecoin and Dogecoin predicted as more likely. Cboe BZX Exchange has filed proposed rule changes to allow the listing of spot Solana ETFs from institutions like 21Shares and VanEck – pending approval. Who will […]
A big step forward for Litecoin ($LTC) occurred when the Grayscale Litecoin Trust became one of the first investment vehicles through which investors could gain exposure to $LTC. This initiative is especially interesting in light of the sharply increased interest in the digital asset market and the investor diversification we are now seeing within that […]
Attention in the crypto sector is shifting away from memecoins and moving towards large-cap layer-1 projects, according to the digital asset analytics firm Santiment. Santiment notes traders are more focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and Cardano (ADA), which the firm says suggests a healthier crypto market dynamic. “A shift in […]
Bitpanda has received approval from the UK’s Financial Conduct Authority (FCA) to expand its cryptocurrency services in the country. The approval allows the Austria-based platform to offer its full range of digital asset products to UK investors. This development follows Bitpanda’s recent acquisition of a Markets in Crypto-Assets Regulation (MiCAR) license from Germany’s Federal Financial […]
Bitcoin’s price rally to and above $98,000 yesterday was short-lived as the asset was rejected and pushed south by about three grand in the following hours. The altcoins have suffered even more, as usual, by marking substantial declines over the past day of up to 8% in the case of SUI. BTC Stopped at $98K […]
On Tuesday, February 11, gold prices hit an all-time high of $2,942.70 per ounce amid concerns over President Trump’s tariff announcement. Gold Holds Onto ‘Safe Haven’ Status On Feb. 11, gold prices surged to $2,942.70 per ounce, a new all-time high, amid concerns that U.S. President Donald Trump’s latest tariff announcement could trigger a global […]
Peirce believes that many meme coins do not have home in SEC
Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo …