The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX. The move sees the exchange become the first major CEX to add spot trading for the meme coin: “A historic milestone has been…
Tether, the issuer of USDT, has made its first venture capital investment, contributing $2 million to Arcanum Capital’s Emerging Technologies Fund II. This signals the platform’s effort to diversify beyond stablecoins. How Can Arcanum Capital Advance Stablecoin Technology? The tokenized fund utilizes blockchain to improve cross-border payments, enhance privacy, and give the unbanked access to…
Join Our Telegram channel to stay up to date on breaking news coverage As 2025 unfolds, the meme coin market remains a dynamic area in crypto, with five key projects to watch. These projects show strong potential for returns ranging from 25x to 100x. Despite periods of market volatility, meme coins are seeing renewed interest….
MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisition strategy, has made headlines again with its recent purchase of 1,070 BTC for approximately $101 million. This move underscores the company’s ongoing commitment to expanding its Bitcoin holdings, a strategy that has both captivated and divided investors. Let’s analyze the implications and predict how…
After the Fed cut the interest rate by 0.25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit. On Dec. 19, the Federal Reserve reduced its key interest rate by 25 basis points and warned of cuts in the following years….
Sentiment is quickly turning bullish as the crypto market regains traction. Bitcoin (BTC) nears a breakout above $100,000 while altcoins regain lost price levels, including Solana (SOL) and Ethereum (ETH). Meanwhile, IntelMarkets (INTL), a new AI crypto, skyrocketed over 700%, outperforming the market. This soaring interest can be linked to rising whale interest from SOL…
Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as…
MicroStrategy acquired 258,320 BTC for $22.07 billion, achieving a 74.3% Bitcoin yield in 2024. Starting with 189,150 BTC, MicroStrategy gained 140,630 BTC, averaging 385 BTC per day in 2024. At a Bitcoin value of $97,000, the tactic generated $14.06 billion of shareholder worth or $38.5 million per day. MicroStrategy, led by executive chairman Michael Saylor,…
Recently, Bit Global announced that it has filed a lawsuit against Coinbase regarding the delisting of WBTC. On that day, we discussed how this decision might arise from the potential control of WBTC by Justin Sun, the founder of Tron, as well as the emphasis on cbBTC. Coinbase has now made a statement regarding its…
XRP’s price has sharply retraced following the announcement of its RLUSD stablecoin launch. After going as high as $2.73, the coin plummeted by more than 18% merely 24 hours after Ripple’s stablecoin went live. On December 17, the highly anticipated stablecoin RLUSD was unveiled, sparking a significant rally in XRP’s price. At the start of…
The cryptocurrency market has been a wild ride lately, and if you’ve been paying attention, you know meme coins are making some serious waves. With the rise of playful and quirky coins, investors are drawn to the fun side of crypto, hoping to cash in on the next big trend. As we venture into 2024,…
Bitget Token (BGB), the utility token of the Bitget crypto exchange, has hit a new all-time high after surging 18% in the last 24 hours. This BGB all-time high comes despite a broader market experiencing significant downturns. With the development, the token continues to hold its ground as one of the best-performing coins of 2024….
As 2025 kicks off, the crypto sector is bracing for major regulatory changes. The U.S. Securities and Exchange Commission (SEC) is undergoing significant changes, signaling a new era for the crypto industry. Donald Trump’s re-election and the appointment of pro-crypto leaders like Paul Atkins and David Sacks have fueled these expectations. Many believe this signals…
Ryan Rasmussen, Head of Research at Bitwise discussed what 2025 will look like for the crypto industry in a recent podcast interview with Jay Hamilton. He touched upon several key aspects that will define trends in the coming year as per Bitwise predictions for crypto in 2025. These aspects include crypto IPOs, stablecoins, Coinbase v….
With 1Fuel’s presale quickly approaching the $1 million level, the cryptocurrency world is witnessing a significant milestone. The enthusiasm around 1Fuel’s development reflects the growing interest in what many consider the best new cryptocurrency. 1Fuel is drawing interest from early adopters as well as seasoned investors and crypto enthusiasts due to its distinct vision and…
Algorand (ALGO) crypto is at a pivotal moment, testing a major resistance zone for a potential breakout. With 2,466 active nodes globally and increasing adoption, a flip of resistance to support could ignite a strong rally. That would position ALGO for $2.0 in 2025. Algorand Crypto at a Critical Resistance Zone: Bullish Momentum Ahead? According…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. In a real 11-hour move, Congressional leaders have unveiled a stopgap bill to fund the government for three more months. Should it pass, lawmakers will narrowly avoid a government shutdown. However, the new deadline to agree on a budget would come…
Ted Hisokawa Dec 19, 2024 04:45 King Arthur: Legends Rise arrives on Immutable (IMX), offering players the chance to earn instant Gems. Explore the epic RPG adventure and engage with legendary heroes in this captivating Web3 gaming experience. King Arthur: Legends Rise, a highly anticipated Web3 gaming…
Billionaire entrepreneur Chamath Palihapitiya foresees a major shift in the financial sector this year, with stablecoins poised to play a pivotal role. While currently utilized mainly in cryptocurrency trading, their applications are rapidly expanding, suggesting a transformative impact across various industries. How Will Stablecoin Usage Increase?What New Applications Can We Expect? How Will Stablecoin Usage…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing three cryptocurrencies poised to turn average investors into crypto whales. In the fast-paced realm of digital currencies, unexpected opportunities arise that may drastically change an investor’s position. There are certain under-the-radar cryptocurrencies that…