Tag: Crypto

XRP Hitting $5 Gets Millions in Bets But There Is a Catch

Payments-focused cryptocurrency XRP peaked at $3.40 in January but has since dropped 30% to $2.40. Despite this decline, the $5 call option remains the most favored bet on Deribit, offering significant upside potential for buyers if the price exceeds that level. However, this does not necessarily indicate an outright...
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El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption

El Salvador’s bitcoin dreams will now exist in a “confined” manner as part of an Extended Fund Facility (EFF) arrangement, approved on Feb. 26 by the International Monetary Fund (IMF). The 40-month, $1.4 billion EFF arrangement is aimed at addressing macroeconomic imbalances and boosting growth prospects with an immediate...
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Eric Trump Said ‘Buy The Dips’ In February, But Peter Schiff Isn’t Buying The ‘Genius’ Bitcoin, XRP, Cardano Strategic Reserve Announcement

Eric Trump’s recent comments on the strategic crypto reserve announcement have sparked mixed reactions, with some praising him while others criticize the Trump family’s involvement in the industry. What Happened: In an X post on Monday, Eric Trump expressed gratitude after popular crypto trader AltcoinGordon credited his late-February “buy...
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Pi Network’s PI Coin Enters CoinMarketCap Top Ranks Amid Binance Listing Delay

Pi Network’s PI Coin now ranks 11th on CoinMarketCap, having a market capitalization of over $12 billion, a feat for the mobile crypto-mining initiative. Source: https://coinpedia.org/news/pi-networks-195-billion-valuation-faces-liquidity-crisis-what-next-for-pi-coin-price/ PI Coin, despite being popular, is unlisted on prominent exchanges like Binance and CoinGecko. […] The post Pi Network’s PI Coin Enters CoinMarketCap...
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Bitget Wallet unveils new AI Token Analysis feature

Web3 non-custodial wallet, Bitget Wallet, has launched a new feature called AI Token Analysis, which helps users navigate the AI coin landscape in real-time. According to a press release sent to crypto.news, users can now access the AI Token Analysis…...
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El Salvador’s Bitcoin Holdings Face IMF Regulation By End Of Year

A newly disclosed set of deadlines from the International Monetary Fund (IMF) appears set to sharpen oversight of El Salvador’s Bitcoin during the coming year and beyond. According to information released by journalist Ricardo Valp of El Faro, President Nayib Bukele’s administration allegedly agreed to share comprehensive data on...
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