Category: News

Michael Novogratz, the billionaire founder of crypto investment firm Galaxy Digital, expressed skepticism regarding the likelihood of the United States establishing a Bitcoin strategic reserve, a proposal put forth by President-elect Donald Trump.  Novogratz Predicts $500,000 BTC Price Surge In an interview with Bloomberg Television, Novogratz stated, “I still...

A group of JENNER memecoin buyers sued Caitlyn Jenner, claiming she made “false and misleading statements” about the token, which they allege is an unregistered security....

According to Bitwise Chief Investment Officer (CIO) Matt Hougan, entering the Bitcoin (BTC) trade may not be too late. The executive recently said that until the flagship cryptocurrency hits $500,000, it’s “still early.” Potential Investors Should Not Be Discouraged By Bitcoin Price Action In a client memo shared yesterday,...

Meme coins have been on the charge this year, as a marked improvement in overall market sentiment has propelled tokens to skyrocketing returns in 2024. What happened: Cat-themed cryptocurrency, Popcat has been the star performer, exploding as much as 23,895% year-to-date.  The Solana (CRYPTO: SOL)-based coin had a market...

A 41-year-old dual citizen of China and St. Kitts and Nevis, Daren Li, has pleaded guilty to one count of conspiracy to commit money laundering utilizing crypto. The charge involves a complex scheme that allegedly laundered millions of dollars linked to crypto investment scams. The US Department of Justice,...

Bitcoin’s (CRYPTO: BTC) bullish turn since early September has reflected well on MicroStrategy Inc. (NASDAQ:MSTR), with the proxy firm increasing its valuation by $50 billion in the last two months. What happened: Widely considered a TradFi alternative to holding Bitcoin, shares of MicroStrategy hit a record closing high, past...

In an exchange on X (formerly Twitter), Ripple’s Chief Technology Officer David Schwartz, also known as “JoelKatz”, addressed criticisms about his company and the XRP Ledger. Has Ripple Failed With Its Payments Business? User @188ape challenged Schwartz by questioning the uniqueness of the XRPL in today’s market, stating that...

Senator Ted Cruz (R-Texas) anticipated the newly established Department of Government Efficiency (DOGE) department to yield “good results” but warned that Elon Musk and Vivek Ramaswamy would have their work cut out. What happened: During a podcast with Ben Ferguson, Cruz said he was upbeat about Musk’s new role...

Bitcoin continued to make records as supportive inflation numbers raised the market’s expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.79% $89,874.80 Ethereum (CRYPTO: ETH)                -2.11% $3,190.24 Dogecoin (CRYPTO: DOGE)           +1.10% $0.3925 What Happened: The...

Negative sentiment is gradually growing in the general crypto market once again, with major digital assets like Ethereum, the second-largest cryptocurrency, witnessing a notable setback that led to a slowdown of its renewed upside price momentum. Due to the sudden drop, several crypto analysts believe that the altcoin could face an...