Tag: Crypto

Justin Sun, the founder of the TRON (CRYPTO: TRX) blockchain, announced a $30 million investment in President-elect Donald Trump-backed cryptocurrency project World Liberty Financial (WLFI), lending support to the “Make America Great Again” movement. What Happened: On Monday, Sun revealed on X that Tron became the largest investor in the decentralized finance...

A recent report showed the troubling reality of the relationship between memecoins and social media influencers on X (formerly Twitter), revealing a high failure rate. The study conducted by Coinwire found that two-thirds of cryptocurrency influencers on X have promoted memecoins that are now worthless. Small Fraction Got A...

Sand, XLM, and Ether are leading social discussions among traders at the moment, according to data from analytics platform Santiment....

Dogecoin was one of the best-performing crypto assets following a recent upswing in the general market in the past few weeks. However, considering several indicators and current price action, a correction might be forthcoming for the largest meme coin. Bearish Price Signal Emerges For Dogecoin Dogecoin’s renewed price uptrend...

Asset management firm VanEck expressed optimism at El Salvador’s bold Bitcoin (CRYPTO: BTC) bet, terming it as a model of innovation for the emerging world. What Happened: A report penned by Matthew Sigel, VanEck’s Head of Digital Assets Research, took stock of the Central American nation’s experience with Bitcoin and its...

Renowned economist Peter Schiff came hard at the U.S. government’s endorsement of Bitcoin (CRYPTO: BTC), predicting potential economic consequences. What Happened: On Monday, Schiff took to X to express his concerns over the incoming Donald Trump administration’s bet on the world’s leading cryptocurrency. “Thanks to the Trump administration’s picking Bitcoin, Wall Street...

On-chain data shows a Dogecoin whale has just transferred a large amount of DOGE to Coinbase, something that could be bearish for the price. Dogecoin Whale Has Made A Large Exchange Inflow Today According to data from the cryptocurrency transaction tracker service Whale Alert, a couple of large transactions...

Leading cryptocurrencies witnessed sell-offs on Monday as Bitcoin’s psychologically significant $100,000 barrier remained elusive. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) -2.54% $94,742.80 Ethereum (CRYPTO: ETH)                +3.81% $3,452.30 Dogecoin (CRYPTO: DOGE)           -2.28% $0.4071 What Happened: The leading cryptocurrency went downhill during U.S. trading hours,...

Hong Kong’s largest digital bank, ZA Bank, has announced the launch of a retail cryptocurrency trading service. According to the press release, the service enables users to trade cryptocurrencies directly through the ZA Bank app, “simplifying” the trading process by eliminating the need for third-party platforms. This move makes...

Popular video-sharing platform Rumble Inc. (NASDAQ:RUM) became the latest Wall Street player to embrace the Bitcoin (CRYPTO: BTC) treasury strategy amid the apex cryptocurrency’s record-breaking run. What Happened: According to an announcement made Monday, Rumble’s board approved a new strategy to allocate a portion of the company’s surplus cash reserves to Bitcoin....