Tag: News

Bitcoin is at a critical turning point after the Federal Reserve’s interest rate cut over three weeks ago.  The price is above the $65,000 mark, setting the stage for a potential push to new highs. Market sentiment is increasingly optimistic, with many expecting a significant Bitcoin rally in the...

Litecoin (CRYPTO: LTC) topped the biggest gainers list Tuesday after digital asset trading and management firm Canary Capital filed for an exchange-traded fund (ETF) tracking the proof-of-work (PoW) cryptocurrency’s price.  What happened: The coin, created from the hard fork of Bitcoin (CRYPTO: BTC) in 2011, was up over 7%...

Asset management firm Ark Invest expressed belief in the transformative potential of the Ethereum (CRYPTO: ETH) network for the financial services industry. What Happened: On Tuesday, Cathie Wood, the influential founder of the company, shared on X a research paper that explained why Ark Invest believes Ethereum and its...

Tether Holdings, the issuer of the world’s largest stablecoin, USDT, is reportedly exploring lending options for commodities trading companies as it seeks new ways to deploy this year’s profits amid the broader market recovery.  According to Bloomberg, the discussions involve potential US dollar lending opportunities with various firms in...

In the 2021 bull run, Dogecoin hitting an $80 billion market cap marked a new all-time high (ATH) for the foremost meme coin. This time would be different if the meme coin reached this market cap, as its price would still be below its current ATH of $0.73.  Why...

A token sale for the Donald Trump-backed World Liberty Financial has faltered, so far only reaching 3.4% of its goal to sell $300 million worth of tokens....

Market bellwether Bitcoin maintained its upsurge Tuesday, defying the sharp decline in stock prices. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +2.22% $67,341.02 Ethereum (CRYPTO: ETH)                -0.30% $2,617.63 Dogecoin (CRYPTO: DOGE)           -1.31% $0.1166 What Happened: The world’s largest cryptocurrency bounced above $67,000 in early...

Have crypto fraudsters infiltrated the local government in Asia? It seems the answer is yes as information linking a former Philippine mayor to a crypto scam group operating in Asia surfaced. This is an indicator of the growing concern about crypto scam rings in Southeast Asia and Hong Kong,...

In a major development, EV juggernaut Tesla Inc. (NASDAQ:TSLA) has reportedly transferred nearly all of its Bitcoin (CRYPTO: BTC) stash to unknown wallets, sparking speculation about whether CEO Elon Musk planned to offload the company’s cryptocurrency holdings. What Happened: A wallet labeled as Tesla moved 11,500 BTCs, worth $760...

The eighth edition of Ripple’s Swell Conference commences today in Miami, Florida, gathering prominent figures in payments, financial services, blockchain, digital assets, regulation, and economic policy. The company announced via X: “Mark your calendars for the 8th edition of Swell, taking place in Miami, Florida on October 15-16. Swell...