Tag: News

Stripe made a groundbreaking move as the online payment processing platform tries to position itself as a key player in the cryptocurrency space. The fintech company has reportedly bought the stablecoin platform Bridge in a landmark acquisition deal, a transaction that sent ripples across the cryptocurrency arena. Stripe-Bridge Acquisition...

Crypto analyst Murad Mahmudov argues that meme coins represent a new digital asset paradigm, driven by community belief rather than utility or technology. What Happened: During an interview on The Block Crunch podcast, Mahmudov referred to meme coins as “tokenized vessels of faith,” stating that they absorb societal discontent,...

Billionaire investor and entrepreneur Mark Cuban expressed skepticism about the significance of Polymarket‘s election odds, which have shown growing support for former President Donald Trump. What Happened: In an interview with CNBC, Cuban stated that he does not believe Polymarket’s odds are indicative of anything meaningful, pointing out the...

The Shiba Inu price is gaining attention as the crypto market gains stability, with memecoins like SHIB and Dogecoin making a comeback through impressive upticks. Backed by legions of devoted fans and bold ambitions, the Shiba Inu price trajectory has become a topic of hot debate. However, as SHIB...

Digital asset investment products saw inflows surge to $2.2 billion last week, marking the largest weekly increase since July 2023. What Happened: The surge is being attributed to growing optimism surrounding a potential Republican victory in the upcoming U.S. presidential election, as Republicans are generally perceived to be more...

By Matthew Hayward, Senior Market Analyst at PrimeXBT October has historically been a strong month for cryptocurrencies, especially Bitcoin. However, we have yet to witness the impressive gains we’ve seen in previous years. Currently, Bitcoin is up over 6% for the month, which is somewhat encouraging. Given how “Uptober”...

A new European Central Bank (ECB) report has stirred controversy by suggesting that Bitcoin (CRYPTO: BTC) adoption results in a redistribution of wealth from latecomers to early investors. What Happened: The paper, titled “The distributional consequences of Bitcoin,” contends that even if Bitcoin’s price continues to rise indefinitely, only...

Whale activity surrounding the AI-created GOAT meme coin is drawing attention in the crypto community, erasing a short-lived dip in Monday trading. What Happened: Data from Lookonchain shows that a whale investor has been actively accumulating GOAT tokens, having purchased 21.39 million GOAT tokens for a total of $7.14...

Shiba Inu’s Shibarium has witnessed a massive 760% spike in daily transactions, which provides a bullish outlook for the meme coin. The spike in daily transactions has raised questions on what could be driving this growth, with Shiba Inu Marketing Lead Lucie providing some options.  Shiba Inu’s Shibarium Sees...

Over the past 24 hours, Ethereum Classic’s (CRYPTO: ETC) price has fallen 3.16% to $19.53. This is opposite to its positive trend over the past week where it has experienced a 1.0% gain, moving from $19.26 to its current price. The chart below compares the price movement and volatility...