“We are not bulled up enough about Ethereum,” said former UBS bond trader and Etherealize founder Vivek Raman on Jan. 29. It has been more than a week since Donald Trump’s inauguration, and the “entire Ethereum ecosystem has been reborn,” he added, referring to the recent leadership shakeup at the Ethereum Foundation. Ethereum now has […]
TL;DR Several online retailers and Travala have supposedly started accepting Trump’s meme coin, expanding its use beyond speculation. TRUMP surged past $70 but has since dropped 64% to around $26, with critics like Balaji Srinivasan and Mark Cuban questioning its legitimacy. TRUMP Receives Further Support Donald Trump made huge waves in the crypto world by […]
Crypto markets are down a further 2.7% on the day, with total capitalization falling to $3.6 trillion, and altcoins are taking the brunt of the fall. “Capital is unlikely to rotate from BTC to alts because the majority of CT [crypto Twitter] is self-confessed to be mostly in altcoins,” observed trader ‘TXMC’ on Jan. 29. […]
Brian Armstrong, who heads the largest crypto exchange in the United States, Coinbase, has suggested a rethink of the company’s token listing process to respond to the incredibly high number of digital currencies being created every week. According to the crypto executive, approximately one million tokens are launched weekly, making it impossible to evaluate each […]
World Liberty Financial (WLF) – a venture linked to Donald Trump and his family – has been on an aggressive accumulation spree. In fact, the public wallet associated with WLF now holds $370.4 million in assets across 44 distinct cryptocurrencies. WLF Targets DeFi Leadership According to Santiment’s findings, these accumulation strategies signal its growing influence […]
It is “another milestone for the Everything App,” said X CEO Linda Yaccarino on Jan 28. “Visa is our first partner for the X Money account, which will debut later this year,” she added. The social media company will use Visa Direct, Visa’s solution for real-time money transfers, to load money into X Money’s wallet. […]
Wall Street feared Monday that a flashy showing by a Chinese open-source AI startup meant the Internet won’t need faster chips. The decline in Nvidia shares was dramatic on Monday, starting off the morning with a bang. NVDA went into free fall right out of the gate. Within minutes of the stock exchanges’ opening, the […]
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed […]
Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael […]
Rosseti Group – Russia’s leading electric grid operator – has announced its interest in becoming an operator for hosting mining infrastructure. The company told TASS that this initiative focuses on utilizing underloaded power supply centers, improving capacity utilization, and fostering economic growth. Rosseti Targets Crypto Mining to Use Idle Power According to the report, Rosseti’s […]