Tag: Crypto

If someone told you that stock market investors are offloading their cherished holdings, you will most likely interpret it as a sign of an impending market downturn. The narrative, however, differs in the crypto market, where such selling indicates bullishness, according to analysts observing historical trends in the supply...

The meme coin segment gained momentum on Wednesday, riding high on a broader market rebound. What happened: Solana (CRYPTO: SOL)-based Fartcoin spearheaded the rally, jumping more than 11% in the last 24 hours.  Fartcoin’s trading volume surged 87% in the last 24 hours, signaling heavy demand for the frivolously...

Coinbase has obtained a Virtual Asset Service Provider (VASP) registration with the Comisión Nacional de Valores (CNV) in Argentina, thereby officially expanding its presence in the country. This regulatory sanction enables Coinbase to conduct business legally in Argentina, which is a critical component of its ongoing global expansion strategy....

After four years of steering crypto regulations and financial market oversight, former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is returning to the Massachusetts Institute of Technology (MIT). According to a January 27 statement from the research university, his focus will now shift to artificial intelligence (AI),...

Platforms selling President Donald Trump-branded merchandise have started to accept his multibillion-dollar-valued meme coin as payment. What happened: Websites that offer a range of Trump products, including watches, sneakers, and perfumes, are letting customers use the “Solana Pay” option during checkout to pay for the items in Official Trump...

Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal....

Former Senator Bob Menendez was handed an 11-year prison term for accepting bribes, including gold bars, and foreign agent offenses, in return for political favors on Wednesday. What Happened: U.S. District Judge Sidney Stein pronounced the sentence, following the former democratic senator’s conviction in July 2024 after a nine-week jury trial,...

Leading cryptocurrencies lifted on Wednesday, defying the stock market’s decline as the Federal Reserve snapped its interest rate-cutting streak. Cryptocurrency Gains +/- Price (Recorded at 8:15 p.m. ET) Bitcoin (CRYPTO: BTC) +2.61% $104,300.32 Ethereum (CRYPTO: ETH)                +1.31% $3,146.53 Dogecoin (CRYPTO: DOGE)           +1.83% $0.3304 What Happened: Bitcoin reclaimed the $104,000...

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter. What happened: Tesla’s balance sheet showed $1.07 billion in digital assets, up from $184 million from the last several quarters, according to the company’s earnings report released Wednesday...

Bitcoin has experienced significant volatility in recent days, navigating through bearish sentiment and market uncertainty. Despite this, BTC remains strong above the $100K mark, holding a key psychological and technical level. Investors are divided on whether Bitcoin is preparing for a surge into price discovery or a deeper correction,...