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Bitcoin ($BTC) El Salvador

El Salvador’s Sovereign Debt Surges as President Bukele Promises No New Borrowing in 2025

El Salvador’s sovereign debt surged on Monday following an announcement by President Nayib Bukele that the 2025 budget would not include any new debt issuance, according to a report by Zijia Song and Vinícius Andrade for Bloomberg. This move signals a shift towards fiscal austerity and could be a pivotal step in securing a long-awaited deal with […]
Coinbase Cryptocurrency

Coinbase Pumps Millions into U.S. Congress as Crypto Gains Political Clout: Bloomberg Report

Donald Trump has become a prominent figure in the cryptocurrency community, leveraging the support of crypto enthusiasts in his bid for votes and campaign contributions. However, according to a recent Bloomberg report, the biggest names in the crypto industry, like Coinbase Co-Founder and CEO Brian Armstrong, have remained notably absent from his list of financial […]
Federal Reserve U.S. Economy

JPMorgan Predicts Fed to Slash Rates by 125 Basis Points by December

In an interview on Bloomberg Television on September 16, 2024, Joyce Chang, JPMorgan’s Global Research Chair, reiterated her expectation that the Federal Reserve will announce a 50 basis point rate cut at its upcoming meeting on Wednesday. Despite ongoing debates within the market, Chang noted that her team is holding firm on their projection, although […]
U.S. Economy

Billionaire Investor Peter Thiel Predicts Stagflation and Economic Turmoil in the U.S.

In a recent interview with Jason Calacanis at the All-In Summit 2024 (held 8-10 September in Los Angeles), Peter Thiel discussed a wide range of topics, including the upcoming U.S. elections, the geopolitical tension between China and Taiwan, and the current state of artificial intelligence (AI). Thiel, known for his candid approach, shared why he […]
Bitcoin ($BTC) Donald Trump

Bitcoin Drops Below $59K Amid Market Jitters Following Apparent Second Failed Assassination Attempt on Donald Trump

In a video released earlier today, Kevin Paffrath, the founder and host of the YouTube channel “Meet Kevin”, explores the shocking details surrounding the second assassination attempt on former U.S. President Donald Trump. Paffrath’s video paints a chilling picture of the events that took place at Trump International Golf Course in West Palm Beach, Florida, […]
U.S. Dollar U.S. Economy

Market Analyst: Hyperinflation Has Begun and the Dollar Will Collapse by 2025, Prepare Now

In a recent interview with Michelle Makori from Kitco News, Lynette Zang, Founder & CEO of Zang Enterprises, issued a stark warning about the global economy, focusing on the U.S. dollar and banking sector. Zang emphasized that the transition to hyperinflation has already begun. She asserted that the U.S. is moving towards a highly inflationary […]
AI US stock market

Legendary Trader ‘Einstein of Wall Street’ Warns of AI-Driven Market Chaos and Crashes Ahead

Peter Tuchman is one of the most recognizable stock traders on Wall Street, known for his animated expressions during market swings and his iconic appearance, often drawing comparisons to Albert Einstein due to his distinctive look. Tuchman has been a fixture on the New York Stock Exchange (NYSE) trading floor for nearly four decades, starting […]
Bitcoin ($BTC)

TRON Founder Blasts Coinbase’s Wrapped Bitcoin Product cbBTC as ‘Central Bank Bitcoin’, Brian Armstrong Responds

Coinbase recently introduced cbBTC, a wrapped version of Bitcoin designed to integrate with decentralized finance (DeFi) applications on Ethereum and Base networks. This new product aims to expand Bitcoin’s utility beyond simple holding or trading, allowing users to participate in various DeFi activities without converting their Bitcoin to other cryptocurrencies. cbBTC is backed 1:1 by […]
Cryptocurrency

Crypto Custody: The $300M Goldmine Wall Street’s Eyeing Amid Regulatory Quicksand

The cryptocurrency market, valued at roughly $2 trillion, has birthed a niche yet crucial service sector: crypto custody. Bloomberg reports this market, currently worth about $300 million, is growing at an estimated 30% annually, catching the attention of traditional financial institutions. Safeguarding digital assets comes at a premium. Hadley Stern, chief commercial officer for Solana […]
Federal Reserve Gold U.S. Economy

Gold to Hit $10,000? Peter Schiff Warns of U.S. Dollar Collapse and Runaway Inflation

In a recent interview with Kitco News, Peter Schiff, the chairman of SchiffGold and founder of Euro Pacific Asset Management, made bold predictions about the future of the U.S. economy. Schiff argued that the Federal Reserve’s upcoming actions will lead to severe consequences for the U.S. dollar and global financial markets. He suggested that the […]
FTX

Sam Bankman-Fried (“SBF”) Fights Back, Accuses Judge of Bias in FTX Fraud Trial

Sam Bankman-Fried, the co-founder of failed cryptocurrency exchange FTX, is appealing his conviction, seeking a new trial and accusing the presiding judge of bias. According to a Bloomberg report, Bankman-Fried’s legal team has filed an appeal with the 2nd Circuit US Court of Appeals, asserting that US District Judge Lewis Kaplan showed favoritism toward the […]
Gold

‘Black Swan’ Author Says Gold is the Real Play in the De-Dollarization Trend

New discussions on de-dollarization are missing a key point, according to Nassim Taleb, who believes the true focus should be on gold rather than currencies or digital assets. Nassim Taleb is a well-known author, scholar, and former trader, primarily recognized for his work in risk analysis, probability, and uncertainty. He gained prominence through his book […]
Tether

$USDT: Consumers’ Research Issues Warning to U.S. Governors About Alleged Risks of Tether

On September 12, 2024, Consumers’ Research, the United States’ oldest consumer advocacy organization, issued a public warning to U.S. governors regarding alleged risks associated with fiat-backed stablecoin issuer Tether (USDT). Consumers’ Research is a non-profit organization (NPO) that focuses on educating consumers about products, services, and various issues affecting the marketplace. Founded in 1929, it was originally […]
Bitcoin ($BTC)

MicroStrategy Buys Another 18,300 Bitcoins to Add to Its Massive BTC Holdings

On 13 September 2024, Michael Saylor, Co-Founder and Executive Chairman of MicroStrategy (NASDAQ: MSTR), announced a significant new addition to the company’s already massive Bitcoin holdings. Through a post on social media platform X, Saylor revealed that MicroStrategy has purchased an additional 18,300 Bitcoin for $1.11 billion, with each Bitcoin acquired at an average price […]
Cryptocurrency Donald Trump

Trump Announces Launch Date for World Liberty Financial Crypto Project

Donald Trump has revealed the official launch date for World Liberty Financial, his family’s new cryptocurrency project, signaling a deeper engagement with the crypto sector. The announcement was made on Thursday afternoon, with Trump inviting supporters to a live event on Twitter Spaces scheduled for September 16 at 8 p.m. ET. A report by Jason […]
Altcoins Solana ($SOL)

Crypto Trader Turns $80,000 into $1.2 Million, but Quickly Gives it All Back

A cryptocurrency trader has managed to, through the purchase of a meme-inspired cryptocurrency that was launched after a viral trend on TikTok, turn around $80,000 into over $1.2 million, before losing nearly all of his gains. According to data shared by blockchain analytics firm Arkham Intelligence, a cryptocurrency trader on the Solana network identified as […]
NFTs

Heist or Masterstroke? Trader Buys $1.5 Million NFT for Just $23,000

A rare CryptoPunk non-fungible token (NFT), valued at millions of dollars, was acquired for a mere fraction of its worth through a clever exploitation of smart contract mechanisms., in an incident that was described as a brilliant “heist.” NFTs from the CryptoPunk collection are some of the most expensive on the market and can cost […]
U.S. Economy

U.S. Government Spends Over $1 Trillion on Interest Payments in 2024 Amid Surging National Debt

For the first time in U.S. history, the government has spent over $1 trillion on interest payments, according to a report by Jeff Cox for CNBC that was published on 12 September 2024. This historic figure comes from the Treasury Department’s latest data, which shows that the government has spent $1.049 trillion servicing its $35.3 […]
Bitcoin ($BTC) Coinbase DeFi

Coinbase Launches cbBTC: Bringing Bitcoin to DeFi on Ethereum and Base

Coinbase has unveiled cbBTC, a wrapped version of Bitcoin, that allows users to utilize their Bitcoin holdings in decentralized finance (DeFi) applications on Ethereum and Base. As the largest and most widely recognized cryptocurrency, Bitcoin’s integration with DeFi marks a significant step in expanding its use cases beyond simple holding or trading. With the launch […]
XRP

XRP Price Surges After Grayscale Investments Unveils Grayscale XRP Trust

On September 12, Grayscale Investments, the world’s largest cryptoasset manager and a whole-owned subsidiary of Digital Currency Group (DCG), announced the launch of its latest crypto investment product, the Grayscale XRP Trust, designed to provide investors with exposure to XRP, the digital token that powers the XRP Ledger. The Trust, which is now open for […]

Bitcoin Expected to Soar Over $100K No Matter Who Wins U.S. Presidential Election: CNBC Report

Experts in the cryptocurrency space believe that Bitcoin’s long-term performance will remain strong, regardless of the outcome of the 2024 U.S. presidential election, according to a report by Tanya Macheel for CNBC. Steven Lubka, head of private clients at Swan Bitcoin, predicted that Bitcoin will likely reach six figures by 2025, whether Donald Trump or […]

Panic Selling? Short-Term Bitcoin Holders Retreat as Long-Term Investors Accumulate BTC

A recent analysis by crypto analytics firm CryptoQuant has revealed a significant shift in the dynamics of Bitcoin ownership, showing that short-term holders, those who have held their bitcoin for 155 days or less, have been steadily reducing their positions since late May, indicating weakening demand for the cryptocurrency. In contrast, long-term BTC holders appear […]

Trump-Linked Sectors Face Uncertainty After Heated Harris-Trump Debate

Several market sectors linked to Donald Trump’s potential second term faced notable volatility following a highly anticipated debate with Kamala Harris, according to a report by Lynn Thomasson for Bloomberg. Traders have begun scaling back bets tied to a Trump victory, with Trump Media & Technology Group Corp. (NASDAQ: DJT) shares dropping over 11%. Bloomberg […]

Higher Than Expected U.S. CPI Raises Investor Concerns Over Fed’s Upcoming Rate Cut

U.S. stocks tumbled on Wednesday as new inflation data shook trader expectations for a larger rate cut from the Federal Reserve next week. According to a CNBC report published earlier today, the S&P 500 dropped 1.1%, while the Dow Jones Industrial Average fell by 517 points, or 1.3%. The Nasdaq Composite also shed 0.6%. The […]

Coinbase CEO Brian Armstrong Says Clear Crypto Regulation Could Boost Capital Inflows

Coinbase Global (NASDAQ: CEO) Co-Founder and CEO Brian Armstrong stressed the need for clear regulation to advance the cryptocurrency industry, according to a report from Seeking Alpha published on 10 September 2024. Armstrong highlighted that regulatory clarity remains one of the greatest hurdles for the crypto space, and solving this would level the playing field […]

UBS Strategist Warns of Potential 15% S&P 500 Drop Within Next 2 Months: Finance Guru Kevin Paffrath Analyzes the Risks

In a video published yesterday on his YouTube channel “Meet Kevin,” finance expert Kevin Paffrath discussed a stark warning from UBS about a potentially significant decline in the S&P 500. The UBS report, featuring insights from Rebecca Cheong, a top strategist for U.S. equity derivatives at UBS, forecasts a possible 15% drop in the S&P […]

Solo Miner Strikes Gold: Defies Odds to Net $183,000 Block Reward

A solo Bitcoin miner has managed to successfully find Bitcoin block 860749 to reap a substantial $183,000 reward, beating major mining pools on the cryptocurrency’s network to do so, at a time in which hashrate is reaching new highs. The achievement is remarkable given that on the Bitcoin network most miners use what are known […]

Goldman Sachs Predicts Resilient Stock Market Despite $4 Trillion Sell-Off

Goldman Sachs Group strategists are predicting a more resilient US equity market than many investors fear, asserting that the likelihood of an actual recession is low. While they acknowledge potential headwinds such as higher valuations, mixed economic growth, and policy uncertainty, the team led by Christian Mueller-Glissmann revealed it that the underlying strength of the […]

Massive Crypto Whale Faces Potential $28 Million WBTC Liquidation

A cryptocurrency whale is currently looking at a potential liquidation of around $28 million worth of the flagship cryptocurrency tokenized on another network in the form of Wrapped Bitcoin (WBTC). According to on-chain analytics firm Lookonchain, the cryptocurrency whale could see its 488.45 WBTC get liquidated if the price of the flagship cryptocurrency drops to […]

Major Solana Whale Accumulates Over 200,000 SOL as Prices Rise

A cryptocurrency whale has recently invested more than $4.5 million into the popular smart contract platform Solana ($SOL), continuing their accumulation of more than 200,000 tokens since early February. According to data from on-chain analysis service Lookonchain, the cryptocurrency whale bought 34,807 SOL tokens worth around $4.5 million recently, but since February has accumulated nearly […]

State Street and Galaxy Asset Management Launch Three New Crypto-Related ETFs

State Street Global Advisors and Galaxy Asset Management have introduced a trio of cryptocurrency-related exchange-traded funds (ETFs), according to a Bloomberg report published on Tuesday. These funds are being launched even as investors continue to pull back from spot Bitcoin ETFs, with recent data showing the longest streak of withdrawals on record. Bloomberg reported that […]

JPMorgan CEO Jamie Dimon Warns Something Worse Than Recession Remains a Risk for the U.S. Economy

A recession is a period of economic decline typically marked by a drop in Gross Domestic Product (GDP), rising unemployment, and reduced consumer spending. It occurs when businesses cut back, production slows, and overall economic activity decreases. In a recession, inflation usually falls because demand for goods and services drops, which puts downward pressure on […]

Bitcoin-Focused FinTech Firm NYDIG on Bitcoin’s Seasonality, Spot ETF Outflows, and Market Cycles

On 9 September 2024, Greg Cipolaro, Global Head of Research at New York Digital Investment Group (NYDIG), shared an update on the state of the Bitcoin market. According to NYDIG, August was a tough month for Bitcoin, with returns falling 9.8%. Cipolaro highlighted that August has historically been a weak month for Bitcoin, with an […]

Prominent Investment Strategist Shares 5-Year Outlook on Stocks, Bonds, Gold, and Bitcoin

On September 8, prominent investment strategist Lyn Alden shared her tentative five-year outlook in the September 2024 edition of her newsletter, offering insights into various asset classes ranging from U.S. and international stocks to bonds, gold, and Bitcoin. Alden began by expressing a neutral-to-negative view on major U.S. stock indices, noting that they are starting […]

Bloomberg’s Mark Gurman: No iPhone Super Cycle in 2024, Bigger Upgrades Expected in 2025

On Monday, Apple introduced multiple new products, including four new models of iPhone: iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Later that day, in an interview with Bloomberg Intelligence, Mark Gurman, Bloomberg’s Chief Correspondent on Global Technology, shared his thoughts on the upcoming release of the iPhone 16 and […]

Crypto Whale Loses 95% of Massive Bet on Little-Known Altcoin

A known cryptocurrency whale has spent around 5,200 Ethereum ($ETH) tokens to buy more than 11.1 million worth of the native token of the SocialFi project Friend.Tech ($FRIEND), in a bet that ended up in a 95% loss for the whale. According to data shared by on-chain analytics firm Lookonchain, popular cryptocurrency whale and influencer […]

Judge Partially Grants Coinbase’s Request for SEC Documents in Ongoing Legal Battle

According to a report by Sarah Wynn for The Block, a U.S. District Judge has granted portions of Coinbase’s motion to compel the U.S. Securities and Exchange Commission (SEC) to provide key documents in their ongoing lawsuit, though the judge denied the exchange’s request to subpoena SEC Chair Gary Gensler. This ruling is a significant […]

88 Top Executives, Including Ripple’s Chris Larsen, Endorse Kamala Harris for President

According to a report by CNBC, a group of 88 prominent current and former executives, including Chris Larsen, co-founder of Ripple, have endorsed Vice President Kamala Harris for president. Larsen’s endorsement stands out for those in the cryptocurrency industry, as Ripple remains a major player in the blockchain and digital asset space. His support adds […]

Russia Adopts Crypto Mining and International Crypto Payments to Navigate Sanctions Pressure: Chainalysis Report

According to a recent Chainalysis “Policy and Regulation” report, Russia is taking bold steps to counter Western sanctions by passing legislation that legalizes cryptocurrency mining and allows the use of crypto for international payments. This marks a significant policy shift in the country, where cryptocurrencies were once heavily restricted. Chainalysis stated that the bills, signed […]

US-Listed Spot Bitcoin ETFs Bleed $1.2 Billion in Worst Outflow Streak Yet: Bloomberg Report

US Bitcoin exchange-traded funds (ETFs) are currently experiencing their longest streak of daily net outflows since being introduced earlier this year, Bloomberg reported on 9 September 2024. Investors have pulled around $1.2 billion from a group of 12 spot Bitcoin ETFs over the eight days ending 6 September, reflecting a broader move away from riskier […]

Bitcoin ATMs Face Rising Cybersecurity Risks and Scams: CNBC Report

Bitcoin ATMs have emerged as a convenient way for individuals to buy or sell cryptocurrency, but they have also become a prime target for hackers and scammers, according to a report CNBC published on September 8. While these machines operate similarly to traditional ATMs, the significant value of cryptocurrencies makes them attractive to cybercriminals, who […]

Prominent Economic Analyst Predicts a ‘Bloodbath’ in the Spot Crypto Market

In arecent episode of The Peter Schiff Show, Peter Schiff discusses the fragile state of financial markets and the looming potential for a collapse. Weak Jobs Report and Market Instability Schiff starts by analyzing the recent non-farm payroll report, which he describes as weaker than the media portrays. Despite this, the report wasn’t weak enough […]

Cardano (ADA) Could Skyrocket 1,000% Against Bitcoin, Says Crypto Analyst

The native token of the Cardano blockchain, ADA, has lost around 12% of its value over the past week amid a wider cryptocurrency market decline that saw Bitcoin ($BTC) plunged to around $54,000 after losing 8% of its value over the same period. Nevertheless a popular cryptocurrency analyst, Dan Gambardello, has recently suggested that the […]

Crypto Is Going To Be the Fiancial Platform for AI, Says Coinbase Developer Platform’s Product Lead

In an interview with CNBC on September 5, Nemil Dalal, product lead of the Coinbase Developer Platform (CDP), discussed the intersection of artificial intelligence (AI) and cryptocurrency (crypto), describing how Coinbase executed its first AI-to-AI crypto transaction. Dalal noted that AI and crypto are among the most exciting developments in technology today. Crypto’s programmability, which […]

Ethereum’s Struggles in 2024: VanEck Report Unveils Major Challenges

In this article, we’ll first cover the key highlights from global asset manager VanEck’s “Crypto Monthly Recap for August 2024” report. Then, we’ll take a closer look at VanEck’s detailed analysis on why Ethereum (ETH) has been underperforming relative to other Layer 1 blockchains. Key Highlights from VanEck’s August 2024 Report According to VanEck, the […]

Wall Street Giant Morgan Stanley Reveals Bitcoin ETF Exposure in Institutional Fund

Morgan Stanley has increased its exposure to the flagship cryptocurrency Bitcoin, as the investment giant has revealed a 2.1% allocation to BlackRock’s spot Bitcoin ETF, IBIT, in its Institutional Fund. In a recent filing with the U.S. Securities and Exchange Commission (SEC), the financial giant revealed the fund has net assets of over $10 million, […]

XRP Price Could Explode 3,200% to $18.22 as Analyst Predicts Echo of 2017 Boom

A popular cryptocurrency analyst has recently predicted that the price of the native token of the XRP Ledger, XRP, could see an exponential price rise to the $18.22 mark, which would represent a staggering 3,200% rise from current levels. On the microblogging platform X (formerly known as Twitter), popular pseudonymous cryptocurrency analyst Dark Defender noted […]

$ADA: Charles Hoskinson on the Future of Cardano Post-Chang Upgrade

In a recent video titled “Next Steps Post-Chang,” Charles Hoskinson, Co-Founder and CEO of IOG, provided a detailed update on the Cardano ecosystem’s development following the Chang roadmap milestone. Hoskinson outlined the current phase of governance, known as the bootstrap phase, which is essential for activating full governance in the Cardano network. Hoskinson began by […]

Bitcoin Could Hit $400,000 Before the End of this Cycle if Trump Wins and Keeps His Crypto Promises, Predicts Serial Entrepreneur Mark Moss

In a recent interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Mark Moss, host of the ‘Mark Moss Show’ and Partner of the Bitcoin Opportunity Fund, discussed his bullish outlook on Bitcoin, predicting that its price could reach $1 million by 2030. Moss laid out his reasoning behind this forecast, sharing the […]

Microsoft’s AI Future: Prominent Analyst Gene Munster Believes Copilot Could Significantly Boost Productivity

In a recent appearance on CNBC’s “Fast Money,” prominent analyst Gene Munster provided his perspective on Microsoft’s future, focusing particularly on the company’s AI ambitions and how its products are evolving in the tech landscape. Gene Munster is a managing partner and co-founder of Deepwater Asset Management, a firm specializing in growth equity investments, both […]

California AG Settles with Robinhood Crypto Over Alleged 2018-2022 Violations in $3.9M Deal

On 4 August 2024, California Attorney General Rob Bonta announced a $3.9 million settlement with Robinhood Crypto, LLC (Robinhood), following an investigation into alleged violations of California’s consumer protection laws between 2018 and 2022. The investigation centered on claims that Robinhood, during this period, prevented customers from withdrawing cryptocurrency from their accounts and failed to […]

Panic Selling? Short-term Bitcoin Holders Offloaded $36.6 Billion in BTC

Since the middle of August a specific cohort of Bitcoin investors, those holdings onto the cryptocurrency for shorter periods of tie, have offloaded 642,366 BTC, worth more than $36.65 billion, onto the market. According to data from cryptocurrency analytics firm Glassnode shared by popular analyst Ali Martinez, the amount of Bitcoin held by short-term holders […]

Bull Run? Bitcoin Bearish Signal Points to Potential Drawdown to $14,000 Level

The price of the flagship cryptocurrency Bitcoin (BTC) has fallen by more than 5% over the past week to now trade at around $56,500 after trading above the $64,000 late last month. A technical indicator, however, is now suggesting it can keep on dropping. According to popular cryptocurrency analyst Ali Martinez, Bitcoin’s 2-month chart shows […]

Why the CFTC Decided to Go After Decentralized Crypto Exchange Uniswap

On 4 September 2024, the Commodity Futures Trading Commission (CFTC) issued an order against Uniswap Labs, also known as Universal Navigation Inc., based in New York. According to the CFTC, the company allegedly engaged in the illegal offering of leveraged or margined retail commodity transactions in digital assets through a decentralized trading protocol. T As […]

Coinbase’s Chief Legal Officer: ‘We Are Going To See a Pro-Crypto Congress Emerge’

On September 3, in an interview with Bloomberg TV’s Sonali Basak and Michael Regan, Coinbase Chief Legal Officer Paul Grewal highlighted the approaches of the 2024 U.S. presidential campaigns and the potential implications for the crypto industry. Grewal shared his thoughts on the positions of former U.S. President Donald Trump and current U.S. Vice President […]

U.S. ETFs Experiencing a Boom in 2024, With Tech, Bonds, and Crypto Driving Record Inflows

While many spent August on vacation, the world of exchange-traded funds (ETFs) saw a surge in activity. According to a report by Vidana Hajric for Bloomberg, investors funneled $75 billion into U.S. ETFs last month, a figure five times higher than the same period in 2023. Bloomberg noted that this influx could be pivotal in […]

Ripple’s Vision: Native Smart Contracts on XRPL Mainnet and Launching the XRPL EVM Sidechain

In a recent announcement on its blog, Ripple detailed plans to enhance the programmability of the XRP Ledger ecosystem, focusing on the introduction of native smart contracts and the development of the XRPL EVM Sidechain. These advancements aim to broaden the platform’s utility for developers and users, offering more flexibility and new opportunities for innovation. […]

Stock Market Rally Adds $250 Billion Daily as S&P 500 Bounces Back from August Lows

The stock market’s benchmark index, the S&P 500, has added more than $5 trillion to its market capitalization in just 20 days, recording about $250 billion of inflows per trading day after hitting a low on August 5 that translated into its annual return in just that period. According to the economics outlet Kobeissi Letter on the […]

Crypto Investment Products See $305 Million in Outflows as US Economic Data Dims Larger Rate Cut Hopes

Cryptocurrency investment products saw over $300 million of outflows over the past week over “stronger-than-expected economic data” in the United States, with the data coming amid “widespread negative sentiment evident across various providers and regions.” According to CoinShares’ latest Digital Asset Fund Flows report, cryptocurrency investment products saw $305 million of ouflows over the past […]

Tether ($USDT) Passes on Building Its Own Blockchain, Citing Market Saturation

According to a recent report by Suvashree Ghosh for Bloomberg News, in the fast-paced crypto space, where new blockchains seem to pop up daily, Tether, the company behind the world’s largest stablecoin, USDT, is taking a different path. Tether, however, has apparently decided not to launch its own blockchain, which bucks the current trend. Tether’s […]

Most Read

Sam Bankman-Fried (“SBF”) Fights Back, Accuses Judge of Bias in FTX Fraud Trial

  • 14 Sep 2024

MicroStrategy Buys Another 18,300 Bitcoins to Add to Its Massive BTC Holdings

  • 13 Sep 2024

Bitcoin’s Sell-Side Risk Ratio Plummets Amid ‘Profit-Taking Exhaustion’

  • 12 Sep 2024

Prominent Economic Analyst Predicts a ‘Bloodbath’ in the Spot Crypto Market

  • 8 Sep 2024

Bitcoin Drops Below $55K Amid U.S. Jobs Report Miss and Recession Fears

  • 6 Sep 2024