Kanye West, or Ye, aired a bizarre Super Bowl ad featuring diamond-encrusted teeth, leading to a website selling a t-shirt with Nazi symbolism. A Solana-based token, hh-01, linked to the ad, surged 3,880% to a US$2.7M market cap before crashing nearly 80%, with concerns over its centralised ownership. It’s a wild timeline we’re living in, […]
Bitcoin traded between $96,992 and $97,447 over the last hour on November 25, 2024, with a market capitalization of $1.92 trillion, a 24-hour trade volume of $47 billion, and an intraday price range spanning $94,119 to $97,577, reflecting a period of consolidation amid broader market uncertainties. Bitcoin Bitcoin‘s one-hour chart indicated short-term consolidation between $94,500 […]
Five crypto trading pairs to be removed from Binance Margin
Central banks and sovereign funds across the world are expanding their cryptocurrency reserves. Unsurprisingly, Bitcoin is their top digital asset to …
Bitcoin banks are going to happen. We already have a few of them. We’re going to have more of them. Existing legacy banks are going to start offering services. New banks are going to be founded around Bitcoin. This is completely unavoidable at this point. Bitcoin doesn’t scale. Even absent that, people value other services […]
Key Takeaways: Franklin Templeton has unveiled its OnChain US Government Money Fund (FOBXX) on Solana. The launch indicates the strong interest of the big financial institutions in the blockchain features available on Solana. Tokenization of real-world assets like US Treasuries is a rapidly growing trend. Franklin Templeton, a financial giant managing $1.6 trillion in assets, […]
In his testimony on Tuesday, Federal Reserve Chair Jerome Powell dampened hopes for another round of quantitative easing (QE), reiterating that “QE is a tool we only use when rates are already at zero” and that the Fed remains “a long ways away from ending QT.” This stance challenges the notion that a quick pivot […]
The partnership reflects a broader push by Kalshi to integrate its event contracts into brokerage platforms.
Ripple (XRP) is changing the game for cross-border payments and Ethereum (ETH) continues to drive DeFi and Web3 innovation. Bitcoin (BTC) also remains the leading digital currency, but it still faces a lot of issues. PlutoChain ($PLUTO) is a new hybrid Layer-2 project that might be able to solve them in 2025. It could make […]
The crypto market welcomes dozens of new projects every day, but Best Wallet (BEST) is quickly standing out. In fact, this Web3 platform has raised over $9.5 million in presale funding and now boasts over 500,000 users. A top analyst even said Best Wallet (BEST) could be the next crypto to explode in 2025. Best […]
A hotter-than-expected U.S. inflation report shocked the financial markets today (Wednesday), triggering sharp declines across cryptocurrencies and equities. Bitcoin tumbled below $95,000 following the release of January’s Consumer Price Index (CPI) data, which showed inflation climbing faster than anticipated. The report dampened hopes for Federal Reserve rate cuts in 2025, affecting Bitcoin and most altcoin […]
Blockchain tracking firm Lookonchain says a crypto trader is looking at massive losses after one decentralized finance (DeFi) project underwent a severe correction. According to Lookonchain, a crypto whale sold nearly 18 million Ethena (ENA), a synthetic dollar protocol built on Ethereum (ETH), for a loss of more than $12 million after the altcoin plunged […]
The Japanese mobile gaming firm Gumi plans to accumulate more than $6.5 million worth of Bitcoin (BTC) as part of a new corporate strategy. A translated announcement from the gaming company indicates the firm will invest 1 billion yen (equivalent to $6,558,150 at time of writing) between now and May to acquire the crypto. Gumi […]
Investors are hungry for projects building the backbone of Web3. And Best Wallet (BEST), a fast-growing multi-chain crypto wallet platform, is proving the point. The project has now raised $9.5 million in presale funding, reflecting investor confidence in its vision as it prepares to launch the BEST token on exchanges. Best Wallet Aims to Simplify […]
About 20 US states may inject over $23 billion into Bitcoin
We’re thrilled to announce that VIRTUAL is now available for trading on Kraken! Funding and trading VIRTUAL trading will be live as of 15:00 UTC today, Feb 12, 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 […]
… 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?