Tag: News

A Virginia man has been found guilty of sponsoring the operations of ISIS, a Middle East-based terrorist organization, with tens of thousands of dollars in cryptocurrencies, a Justice Department release said Monday. What Happened: Mohammed Azharuddin Chhipa, a 35-year-old resident of Springfield, Virginia, was involved in collecting and sending money...

After years of uncertainty, the defunct cryptocurrency exchange FTX, previously led by convicted founder Sam Bankman-Fried, has announced the effective date for its Chapter 11 reorganization plan aimed at distributing funds to affected customers. Initial Distribution Date Set On Monday, FTX Trading Ltd. and its affiliated debtors revealed that...

Stablecoins will see a bright future in 2025, with massive growth and mass adoption supercharging the asset class....

XRP (CRYPTO: XRP) became the best-performing large-cap cryptocurrency Monday following the launch of Ripple Labs’ USD-backed stablecoin RLUSD. What happened: The payments-focused cryptocurrency rose 3.51% in the last 24 hours, outpacing the returns of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). With the latest push, XRP’s monthly gains zoomed...

Michael Saylor’s Microstrategy has just announced a new Bitcoin purchase that has taken the firm’s total holdings to 439,000 BTC. Microstrategy Has Bought Another 15,350 BTC A large buyer that has had a constant presence during this latest Bitcoin bull run has been Microstrategy. The cryptocurrency’s price has been...

Some analysts predict Ether could surpass its all-time high during the first quarter of 2025, while Santiment shows an average of 130,000 Ethereum addresses were created this month....

The Shiba Inu (CRYPTO: SHIB) ecosystem announced an exclusive airdrop of its newly launched meme coin Shifu (SHIFU) on Monday to reward its loyal community members. What Happened: “According to a post on the official Shiba Inu account, anyone holding 100,000 SHIB tokens and 100 Bubble (BUBBLE) tokens—the native...

Korea Exchange’s chief recently suggested that South Korea must review its crypto approach and institutionalize digital assets soon to compete against other nations. The call for change comes amid the country’s political turmoil, which has halted all related regulations until 2025. Korea Exchange Chief Calls For A Change On...

MicroStrategy co-founder and executive chairman Michael Saylor said Monday that the incoming Donald Trump administration was serious about setting up a U.S. strategic Bitcoin (CRYPTO: BTC) reserve.  What happened: During a CNBC interview, Saylor stressed the importance of “buying the future” if one knows where the money is going....

Influential economist Peter Schiff called Bitcoin (CRYPTO: BTC) the biggest bubble ever on Monday, surpassing even the dot-com bubble of the late 1990s. What Happened: Schiff, a staunch Bitcoin critic, expressed his views on the soaring valuation of the world’s leading cryptocurrency. He noted that the market capitalization of Bitcoin was over...