Tag: Crypto

Jack Dorsey, who co-founded social media giant Twitter, now known as X, is among the handful of tech honchos to publicly champion Bitcoin (CRYPTO: BTC) and its underlying technology. However, apart from words, his actions also reflect his commitment to leading the cryptocurrency industry.  What happened: Dorsey, who’s currently...

Recent shifts in global macroeconomic dynamics suggest that the downturn in global growth may be coming to an end, according to a report. What Happened: The report from from 10x Research states that the declining U.S. dollar, alongside actions by major central banks like the Bank of Japan and...

In a revelation on the upcoming Ripple USD (RLUSD) stablecoin, insights emerged from a conversation with a former Ripple employee who was intricately involved in developing Ripple’s On-Demand Liquidity (ODL) product. Tony Edward, the host of the popular Thinking Crypto Podcast, shared exclusive details via X after speaking with...

Robinhood Markets Inc.’s (NASDAQ:HOOD) cryptocurrency division launched crypto transfers for its European customers on Tuesday. This new feature allows users to deposit and withdraw over 20 different cryptocurrencies. What Happened: According to Robinhood, the supported cryptocurrencies include Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and USD Coin...

Former president and Republican candidate Donald Trump’s decentralized finance (DeFi) and crypto initiative, World Liberty Financial, has officially begun signing up users, although details of the platform’s specific services remain vague.  Announced on social media platforms X (formerly Twitter) and Telegram on Monday, the project is currently accepting accredited...

Ethereum (CRYPTO: ETH) co-founder, Vitalik Buterin, threw his support behind the cryptocurrency-based prediction market Polymarket, emphasizing its value in providing accurate information and preventing misinformation. What Happened: On Monday, Buterin argued in favor of the so-called decentralized prediction market that has grown in popularity this U.S. election season. The...

On-chain data shows the Bitcoin Mining Hashrate has remained at its recent lows, indicating that miners may not be confident about the coin’s rally. Bitcoin Mining Hashrate Has Moved Sideways Around Lows Recently The “Mining Hashrate” refers to a metric that keeps track of the total computing power miners...

A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members. ...

Japanese investment firm Metaplanet Inc. has boosted its Bitcoin (CRYPTO: BTC) portfolio, purchasing an additional 107.91 BTCs valued at around $6.92 million. What happened: The Tokyo Stock Exchange-listed firm disclosed its latest grab Tuesday, reaffirming its conviction in the world’s largest cryptocurrency’s potential.  *Metaplanet purchases additional 107.91 $BTC* pic.twitter.com/pPrRBGrJsC...

Following the recent price upswing in the price of Bitcoin, several factors like crowd sentiment have been considered to be the major reason for the surge. However, Axel Adler Jr a market expert has delved into the subject, noting that the recent and previous price spike is majorly attributed...