Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. Sustainable and Scalable Energy Solutions Are Vital for Transformative Technologies As bitcoin trades above $100,000 again amidst surging institutional interest, Asher Genoot, CEO of Hut 8…
Ripple has partnered with Chainlink (LINK) to integrate RLUSD stablecoin pricing data on-chain. This collaboration aims to enhance the utility and adoption of Ripple’s USD-denominated stablecoin. By leveraging Chainlink’s robust infrastructure, Ripple hopes to solidify RLUSD’s position in decentralized finance (DeFi) markets. Ripple Boosts RLUSD Utility with Chainlink Integration Chainlink Price Feeds on Ethereum mainnet…
The cross-border market has witnessed a strong bearish action with major cryptocurrencies recording a double-digit drop. Moreover, the memecoin category is the most affected with an 11.48% drop in the segment’s valuation. Following this, Dogecoin and Shiba Inu have both secured a spot in the top losers list. Considering the present market conditions, investors are…
According to Ripple’s latest survey, crypto is making waves in the Middle East and Africa, with blockchain payments leading the charge. Blockchain Payments: The New Normal? Ripple’s 2024 New Value survey spills the beans: over half of financial bigwigs in the Middle East and Africa (MEA) are diving into blockchain-based payments. Reece Merrick, Ripple’s top…
– Advertisement – Czech National Bank plans to diversify reserves with Bitcoin, fueling cryptocurrency debates in central banking. The initiative aligns with global trends where nations like the U.S. are exploring Bitcoin as a strategic reserve, despite its inherent volatility. In a groundbreaking revelation, Aleš Michl, the Governor of the Czech National Bank (CNB), has…
One of the most trending meme coins of 2024, Pepe (PEPE), is struggling to hold its ground as Bitcoin price and other top altcoins prices fluctuated heavily in the first week of 2025. Pepe had faced several critical moments when smart money drove a comeback. However, the fresh data shows that the whales are dumping…
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464. However, its decline saw the price plummet below $100,000 to its current…
Inverted head-and-shoulders signals a bullish reversal, as the price breaks the neckline with RSI confirming momentum. Retest of the neckline solidifies support, setting the stage for sustained upward movement in altcoin market capitalization. RSI’s upward trend aligns with the price trajectory, reinforcing market confidence and signaling a shift to bullish sentiment. Cryptocurrency market capitalization apart…
In a bold move, Bhutan has embraced cryptocurrencies as part of its strategic reserve strategy. Specifically, the Gelephu Awareness City (GMC) has officially designated Bitcoin (BTC), Ethereum (ETH), and BNB as key reserve assets, positioning itself among a select group of regions worldwide that accept digital currencies in this capacity. What Does Bhutan’s Reserve Strategy…
Bitfinex receives a license in El Salvador to manage derivatives and expand crypto trading services. Users must accept new terms to access derivatives on Bitfinex under El Salvador’s regulatory framework. El Salvador supports crypto growth with clear rules attracting investors and major platforms like Bitfinex. Bitfinex, a crypto exchange based in Seychelles, has received a…
The regulatory landscape for cryptocurrencies in the United States is poised for significant changes as two major developments unfold. Coinbase has secured a critical legal victory in its ongoing battle with the Securities and Exchange Commission (SEC), gaining approval for an interlocutory appeal that could clarify how digital assets are classified. Simultaneously, Rostin Behnam, chair…
Coinbase Global Inc., the prominent U.S. cryptocurrency exchange, has achieved a significant milestone in its ongoing legal clash with the U.S. Securities and Exchange Commission (SEC). Chief Legal Officer Paul Grewal announced that Judge Catherine Polk Failla has approved Coinbase’s temporary appeal request. This development marks a critical moment in the case, which centers on…
FTX’s European branch, once at the heart of a major cryptocurrency scandal in 2022, has now been acquired by Backpack, a cryptocurrency exchange currently ranked 200th on CoinMarketCap by daily trading volume. Co-founder Tristan Yver, a former executive at FTX, is now at the helm of Backpack, which holds a virtual-asset service provider license from…
Home » Journal » Memecoin Whale Goes on a Buying Spree on Solana, Accumulates WIF, POPCAT, and More A major crypto investor has made moves in the Solana ecosystem amid widespread market turbulence. Despite the current crypto downturn, this strategic move highlights growing interest in Solana-based…
Bhutan, a small yet strategically significant country in Asia, has introduced innovative approaches to cryptocurrency. The Gelephu Awareness City (GMC), an administrative region of Bhutan, has officially recognized Bitcoin (BTC) $95,757, Ethereum (ETH) $3,360, and BNB as strategic reserve assets. With this decision, GMC joins the ranks of a select few regions globally that adopt…
Ripple USD (RLUSD) will soon expand to more platforms, boosting stablecoin adoption. Ripple’s payment solutions saw strong growth, with demand doubling last year. Polymarket shows a 71% chance of XRP ETF approval in 2025, fueling market optimism. Ripple President Monica Long has stated the company’s new stablecoin, Ripple USD (RLUSD), will launch on more platforms…
Bitcoin (BTC) and altcoins are falling due to macroeconomic fears of rising inflation in the US, while the rise is expected to come with Donald Trump taking office on January 20. At this point, while Trump was expected to bring an increase in BTC and altcoins, Trump met with Ripple CEO Brad Garlinghouse. Ripple CEO…
The crypto market is on a bullish run again after a long correction phase. Ripple’s (XRP) SuperTrend indicator has turned bullish, hinting at a potential 470% rally. Meanwhile, a new entrant called DTX is making waves in the crypto space after increasing its profits to 500%. Shiba Inu (SHIB) holders have caught the fever and…
Ether could reach a remarkable high of $12,000 by the end of 2025, according to Dr. Sean Dawson, head of research at the options DeFi protocol Derive. This potential 257% surge from its current trading price of $3,361, as per the data by CoinMarketCap, hinges on two pivotal factors: the successful deployment of Ethereum’s upcoming…
Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub, wrote in a Jan. 8 research note. According to crypto analyst Markus Thielen, the tightening…