MakersPlace announces market exit, ends six years of digital art operations
Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists…...
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Trump’s Treasury Nominee Scott Bessent Sees ‘No Reason’ For US Central Bank Digital Currency: It’s For Countries With ‘No Other Investment Alternatives’
In what could be interpreted as another optimistic signal for cryptocurrencies, Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, argued against the concept of a central bank digital currency in the U.S. on Thursday. What Happened: Bessent was taking questions from members of the Senate Finance Committee for confirmation to...
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Litecoin (LTC) Jumps 19%: What’s Behind The Rally?
Litecoin has observed a sharp increase of over 19% in the past day. Here’s what on-chain data says could be behind the rally. Litecoin Has Overperformed Market With A Strong Surge In The Last 24 Hours The past day has seen recovery from the cryptocurrency sector as a whole,...
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Bitcoin, Ethereum, Dogecoin Steady As Market Expects Trump’s Pro-Crypto Bonanza: Analyst Says BTC Could Hit All-Time High If It Breaks This Resistance
Leading coins remained steady on Thursday amid reports that President-elect Donald Trump may announce several pro-cryptocurrency measures after being sworn in. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.31% $100,211.61 Ethereum (CRYPTO: ETH) -1.77% $3,340.29 Dogecoin (CRYPTO: DOGE) +0.54% $0.3789 What Happened: Bitcoin wiggled...
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Machine Learning Algorithm Predicts When The Dogecoin Price Will Hit $1, It’s Not That Far Away
CoinCodex’s machine-learning algorithm has predicted when the Dogecoin price could hit the psychological $1 level. Interestingly, based on the prediction, market participants won’t have to wait too long before they see the foremost meme coin reach this price level. When The Dogecoin Price Will Hit $1 The machine learning...
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Trump Reportedly Planning To Declare Crypto As National Priority Through Executive Order
President-elect Donald Trump is set to issue an executive order to declare cryptocurrency as a national priority and incorporate industry experts into his administration, according to a Thursday report. What happened: The strategic language was used to encourage government agencies to engage with the expanding industry, whose most valuable...
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Grayscale XRP Trust returns, offering regulated exposure to XRP
Can Grayscale’s XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors. The Grayscale XRP Trust allows institutional…...
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Bitcoin State Of Mind: Texas Aims To Pioneer Strategic Reserve
With President Donald Trump’s inauguration just a few days away, Bitcoin and blockchain supporters are bracing for crypto-friendly policies. Leading the charge is Texas, with Senator Charles Schwertner announcing a bill to launch its first state-level Bitcoin reserve. In a Twitter/X post, Senator Schwertner announced the filing of SB...
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Phantom crypto wallet raises $150M in Series C at $3B valuation
Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform....
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Bitcoin Forming Massive Falling Wedge Chart Pattern, A Bullish Signal For An Uptrend?
Bitcoin‘s price has demonstrated remarkable performance in the last few days, revisiting the pivotal $100,000 threshold. With the general crypto market recovery strong following recent news about Donald Trump’s inauguration as the new president of the United States, BTC could muster enough momentum to reclaim its current all-time high....
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