The US dollar could suffer a major sell-off by Asian investors and exporters triggered by trade tensions, according to a pair of macroeconomic and currency strategists. Eurizon SLJ Capital’s analysts Stephen Jen and Joana Freireat say in a new investment note that Asian investors have accumulated a massive pile of USD that could be ditched […]
Billionaire Bill Ackman’s hedge fund, Pershing Square, has spent nearly $1 billion to accumulate shares of one real estate development firm. Perishing Square has poured $900 million into buying 9 million shares of Howard Hughes Holdings (HHH). Ackman’s fund paid a premium of 48% compared to HHH’s closing stock price last Friday and now controls […]
Bitcoin’s positive price performance, perhaps due to the aforementioned trade talks, continues in full force as the asset tapped a multi-month high of just under $100,000. The altcoins have posted notable gains as well, with ETH surging past $1,900 for the first time in over a month. BTC Aims at $100K It almost felt like […]
Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid, joining […]
Key Takeaways: Binance wallet activity linked to Pi Network has reignited listing rumors. Pi Network teases a major ecosystem announcement on May 14, adding fuel to speculation. Despite the buzz, Pi Coin remains stuck near $0.60 with weak market indicators. After spotting transaction activity from Binance’s Stellar deposit wallet — commonly associated with Pi — […]
Bitwise, a premier firm in the world of digital asset management, has formally submitted an S-1 registration to the U.S. Securities and Exchange Commission (SEC) in pursuit of an opportunity to launch a spot exchange-traded fund (ETF) that would offer direct exposure to $NEAR, the native token of the NEAR Protocol. This event represents a […]
Bitcoin Magazine Strategy CEO Phong Le Reveals How MSTR Is Rewriting Corporate Finance In New Bitcoin Presentation Phong Le, CEO of Strategy, has unveiled a new financial model that reframes traditional corporate finance through the lens of Bitcoin. Titled “A New Financial Standard: KPIs for Bitcoin,” the framework introduces a Bitcoin Standard that redefines how […]
As price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance. However, some analysts suggest that bulls need to take action or a 15% drop could be in the horizon. Ethereum Eyes Breakout To $2,100 After successfully holding the $1,750 level as support, Ethereum […]
Bitcoin is steadily approaching six-digit territory
Phoenix Group, the first UAE-listed Bitcoin (BTC) mining company (ADX: PHX), reported a loss of $153.6 million for the first quarter of 2025, a stark reversal from the $66.2 million profit recorded in the same period last year, as the company faced significant unrealized losses on its digital asset holdings. Phoenix Group Plunges into $153M […]
– May 8, 2025) – Colle AI (COLLE), the AI-powered multichain NFT platform, has expanded its XRP cryptocurrency infrastructure to improve cross-chain …
Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could help blockchain analysts trace the group’s illicit financial flows. Ransomware is a type of malware used by malicious actors. […]
Is the rise in crypto mining activity reshaping the market or quietly destabilizing it? As of May 2025, the crypto world is buzzing—not just over rising token prices but also a growing controversy in the United States. With Donald Trump back in office, mining facilities have rapidly expanded across states like Texas, supported by lenient […]
Panama City, Panama, May 8th, 2025, Chainwire Flipster, one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON, one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries. As part of the collaboration, TALON’s […]
Ripple reportedly made a US$5B bid for Circle, later rumored to reach US$20B, aiming to integrate USDC’s US$61B liquidity with RippleNet to elevate XRP’s role in global payments. Analysts say the move would allow Ripple to dominate compliant stablecoin rails, cut transaction costs, and shift XRP’s use case from speculation to institutional payment infrastructure. While […]
TL;DR Although most of the cryptocurrency market is well in the green today amid positive news on the US-China Trade War front, PI has emerged as one of the top performers. Perhaps the most notable reason behind this surge is a big teaser published by the Core Team on X. It’s safe to say that […]
The cryptocurrency market is booming during Thursday’s early morning hours, with bitcoin poised to recover price levels not seen since February. The leading cryptocurrency experienced an upswing of nearly 3%, reaching prices of over $99,000 on several exchanges. Similarly, ether also rose to levels not seen since April, surpassing the key $1,900 mark. This market […]
Key Takeaways: Movement Labs has terminated CEO and co-founder Rushi Manche following allegations of market manipulation involving the MOVE token. Binance suspended its planned MOVE airdrop and Coinbase halted trading of the token amid mounting controversy. Movement Labs has rebranded as Move Industries, introduced a new leadership team, and plans tech upgrades to rebuild trust. […]
Bitcoin Magazine Fidelity’s Chris Kuiper Presents “The Investment Case For Bitcoin” At Corporate Conference Speaking at Strategy World 2025 today, Chris Kuiper, Vice President of Research at Fidelity Digital Assets, challenged corporations to reexamine how they think about risk, capital allocation, and long-term financial health. “Bitcoin has outperformed every major asset class over the last […]
XRP price found support at $2.080 and started a fresh increase. The price is now gaining pace and might clear the $2.150 resistance zone. XRP price started a recovery wave above the $2.10 zone. The price is now trading above $2.120 and the 100-hourly Simple Moving Average. There was a break above a key bearish […]
Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month. The Fed’s decision to keep interest rates unchanged comes despite mounting pressure from US President Donald Trump, who just weeks ago threatened to fire Fed chair Jerome […]
Banking giant Credit Suisse just pleaded guilty to conspiring to hide more than $4 billion from the U.S. Internal Revenue Service (IRS) in at least 475 offshore accounts. The U.S. Department of Justice (DOJ) says the bank breached a previous 2014 plea agreement and helped US customers open and maintain undeclared offshore bank accounts to […]
US Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In an appearance before a Congressional House Committee Tuesday morning focused on the international financial system, Bessent says the US should take a global leadership role on digital assets. “We believe that the United […]
Starting this month on a weak note after seeing almost 50% recovery in a month, Litecoin posted losses and mounted support above the $80 level. It regained strength and now looks bullish on the daily timeframe. Last month, Litecoin went through a major recovery after declining to its lowest level in five months. That recovery […]
Market is in state where direction of assets can change at any given moment
Paris on Politics: Regulating Cryptocurrency in Illinois. President Trump has talked about a desire to make America the Crypto capital of the …
Peter Schiff says the U.S. dollar is about to free fall, insisting the only way to end America’s trade imbalance is to end its reserve currency status. The End of Reserve Currency Status? US Dollar Faces Terminal Decline as Imbalances Surge Economist and gold advocate Peter Schiff issued a sweeping critique of U.S. economic policy […]
Key Takeaways: New Hampshire passes a historic bill allowing up to 5% of state funds to be invested in crypto. Bitcoin is currently the only digital asset that meets the law’s $500B market cap requirement. The move positions New Hampshire ahead of states like Arizona and Florida in crypto adoption. New Hampshire has taken the […]
Credit card giant Visa is investing in the stablecoin payments network BVNK as a means of upgrading its business-to-business transactions. In a new company blog post, BVNK chief executive and co-founder Jesse Hemson-Struthers says that Visa is investing an undisclosed amount into the firm as a means of automating and streamlining global stablecoin payments between […]
The messaging app used by some members of the Trump administration and the US government has been hacked, according to a new report. 404 Media reports that a hacker stole customer data from TeleMessage, an Israeli software company that provides modified versions of messaging apps like Signal. The US government reportedly uses modified apps to […]
TL;DR Chainlink has announced an innovative program called “Chainlink Rewards” to reward active LINK stakers. Space and Time, a key partner in the Build program, will contribute 200 million SXT tokens, equal to 4% of its total supply. The program will kick off on May 8, 2025, under the “Season Genesis” phase, and only users […]
TL;DR EOS recorded a 16% increase in the last 24 hours, driven by the upcoming transformation of the token, which will be renamed $A on May 14. Vaulta will not only change the token’s name but will turn EOS into a Web3 ecosystem focused on digital banking. Despite the rally, EOS’s RSI indicates there’s still […]