Can DeFi Ever Compete With Wall Street?
The conventional wisdom says blockchains can’t keep up with Wall Street’s high-frequency machines involving microsecond trades, co-location and ultra-low latency networks. That’s true, and getting into that arms race is likely to be a losing battle. But “never match” doesn’t equal “never compete.” What’s changing right now is that...
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Memecoins Are No Longer a Joke, Galaxy Digital Says in New Report
Memecoins, once dismissed as little more than internet jokes, have cemented themselves as a permanent fixture of the crypto economy, according to new research from Galaxy Digital. In a report published Wednesday, research analyst Will Owens argues that the sector has matured into a cultural and economic force in...
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Bitcoin Hits $117,000 And This ‘Perfect’ Buy Signal Just Flashed Again
Bitcoin (CRYPTO: BTC) has crossed the $117,000 on the first day of October, leading technical analysts to predict further upside for the rest of the month. What Happened: Crypto analyst Kevin shared in his latest Patreon update that the weekly hash ribbons buy signal, which tracks miner capitulation and...
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Bitcoin buoys altcoin rally as U.S. Government enacts shutdown
Bitcoin pushes past $117,000 as altcoins rally, yet a palpable caution lingers. The gains feel fragile, with traders’ eyes locked not on charts but on a paralyzed Capitol Hill, knowing political chaos could trump technical momentum. The U.S. government entered…...
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Bullish launches crypto spot trading in 20 U.S. states
Digital asset platform Bullish has officially launched spot trading in the United States, with initial support for 20 states. Bullish made its debut in the U.S. a few weeks after the institution-focused crypto platform secured both the BitLicense and money…...
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Litecoin price forms a risky pattern as LTC ETF deadline nears
Litecoin price continued its strong rebound as traders waited for the potential launch of the spot LTC ETF by the Securities and Exchange Commission and as the crypto market rebounded. Litecoin (LTC) token jumped to a high of $111.65, its…...
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Ex-Ripple Exec Reveals How CBDC Development Could Affect XRP’s Growth
A former Ripple executive is speaking out about how the firm’s previous work with central bank digital currencies, also known as CBDCs, may help XRP’s growth. Welfare also pointed out that the next step is making CBDCs, stablecoins, and other forms of digital money work together. If this happens,...
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Crypto Market Drop Looks More Like Consolidation Than Capitulation: Bitfinex
Last week, the crypto market was engulfed by a wave of bearish trends as the prices of top assets dropped. Bitcoin (BTC), for instance, fell below the $110,000 threshold to a market price of $108,500 during the week. This week, the market has experienced a moderate turnaround from its...
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Dogecoin price reverses at $0.22 support as RSI confirms bullish divergence
Dogecoin price bounces from support backed with a bullish divergence...
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Saylor: IRS rule means Strategy won’t pay taxes on Bitcoin
Strategy’s Executive Chairman Michael Saylor claims that new IRS guidelines put Strategy in the clear when it comes to unrealized Bitcoin gains. A new rule by the IRS comes as a significant boon to Bitcoin treasury firms. On Wednesday, October…...
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