Tag: News

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....

If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies. The state of Texas, he says, can soon become a cryptocurrency hub...

Ripple Labs has introduced the first tokenized money market fund on the XRP Ledger (XRPL). The initiative, in partnership with Archax and UK-based asset manager abrdn, signifies a notable advancement in the tokenization of real-world assets (RWA) and the expansion of institutional decentralized finance (DeFi) for the XRP ledger...

Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges....

Tim Draper, a prominent venture capitalist and cryptocurrency enthusiast, has made Bitcoin price predictions since 2014. That year, Draper predicted Bitcoin to be $10,000 by the end of 2017. Despite skepticism, his forecast proved accurate, as Bitcoin hit $10,000 in November 2017 during its dramatic bull run. In 2018,...