Category: News

The Financial Accounting Standards Board’s new accounting rules for cryptocurrencies will go into effect on Monday, making it easier for businesses to account for the value of their holdings on their balance sheets and encouraging adoption. What happened: The Accounting Standards Update,  announced in December of last year in...

Ripple CTO David “JoelKatz” Schwartz has outlined how RLUSD—the upcoming stablecoin on the XRP Ledger—could initially trade at highly inflated prices, possibly even $1,200, despite its intended $1 peg. Speaking via X, he highlighted early supply bottlenecks, speculative fervor, and the fundamental market mechanics of stablecoins as factors likely...

Bitcoin’s (CRYPTO: BTC) record-breaking run to $106,000 has been considerably boosted by a spurt in whale investor holdings, on-chain data revealed Sunday, although retail continued to control the majority supply. What Happened: Since the bull rally commenced on Oct. 10, there has been a net increase of 1,582 more wallets holding at least...

Renowned Wall Street investor and economist Dennis Gartman downplayed Bitcoin’s (CRYPTO: BTC) record-breaking run on Friday, instead preferring gold due to its long history as a store of value. What happened: During an interview with Bloomberg, Gartman said he was surprised by the leading cryptocurrency’s climb above $100,000. “It...

Scottsdale detectives and Special Agents from the US Secret Service arrested a man on Dec. 11 for theft, fraud schemes, and money laundering in connection with the crypto heist....

World Liberty Financial, a cryptocurrency project backed by President-elect Donald Trump, continued to add momentum to the coins it was purchasing. What happened: ONDO, a tokenization-themed cryptocurrency, zoomed over 11% to record-breaking highs, becoming the fourth-biggest market gainer over the last 24 hours. The coin’s trading volume surged over...

NEW YORK, Dec. 15, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global cryptocurrency market size is estimated to grow by USD 34.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.64% during the forecast period....

One trader has set a $1,200 bid for one RLUSD, an early warning sign there could be massive volatility when Ripple’s RLUSD stablecoin launches....

Leading cryptocurrencies surged Sunday evening as investors raised risk appetites on strong expectations of another interest rate cut. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +5.04% $106,370.44 Ethereum (CRYPTO: ETH)                +3.51% $3,992.72 Dogecoin (CRYPTO: DOGE)           +2.21% $0.4033 What Happened: Bitcoin tapped a new all-time...

Solana’s investor base is demonstrating unwavering confidence as the network sees a shift in the profile of its long-term holders. According to on-chain data from Glassnode, many more Solana addresses are moving into the long-term holder base, which showcases strong conviction from investors who entered the market during the...