The White House is preparing for its first crypto summit on Friday, March 7, and invites have been issued to industry leaders and experts. The event will be hosted by Trump’s AI and crypto czar, David Sacks, and industry leaders are hoping for regulatory clarity that could help the US retain blockchain talent and foster […]
Amid several days of massive Bitcoin volatility, the asset soared back above $88,000 on Tuesday after BlackRock CEO Larry Fink allegedly told investors to buy any short-term dips, as he expects an economic rally for later this year. Bitcoin traded for $82,300 at 11:40am ET on Tuesday, before rallying above $88,300 within the next three […]
After more than two years under regulatory scrutiny, Yuga Labs announced that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking enforcement action. While the agency has not disclosed the specific reasoning behind its decision, the move aligns with a broader shift in the SEC’s approach to […]
There has been growing uncertainty and frustration among cryptocurrency traders following Bitcoin’s steep 10% drop within 24 hours. The sudden decline sparked widespread panic and anger across crypto-focused social media channels and has prompted concerns about a potential repeat of the 2022 bear market, according to Santiment’s latest insight. However, optimism briefly resurfaced over the […]
Crypto markets have lost more than 12% or almost $400 billion since the Sunday peak, and one of the largest losers has been Ethereum. ETH prices crashed to their lowest levels in 16 months, plunging 15% to $2,035 during early trading in Asia on Tuesday morning. The last time ETH traded below $2,000 was in November 2023, […]
President Donald Trump incited a $300 billion crypto market pump on Monday following the announcement of a US crypto reserve. The same Donald Trump has now induced a $300 billion crypto market dump as his trade tariffs come into effect on March 4. Total market capitalization has crashed almost 14% over the past 36 hours […]
Metaplanet has acquired an additional 156 Bitcoin (BTC) for approximately $13.4 million. The Japanese investment firm is also exploring a potential listing outside of Japan. Details From the Latest Buy CEO Simon Gerovich announced on X that the BTC was purchased at an average price of about $85,890 per BTC. The latest buy brings its […]
Former Binance CEO Changpeng Zhao (CZ) has floated a new idea for token issuance that aims to address one of the biggest challenges in crypto: market flooding. Under this new tokenomics model, token unlocks will be triggered only after specific conditions tied to time and price are met. Conditional Token Unlocks The Binance founder’s ‘crazy […]
Popular Bitcoin mining and digital infrastructure company Riot Platforms announced record-breaking financial results for the year 2024, as a result of a significant increase in mining revenue and strategic acquisitions. The company, listed on Nasdaq, reported $376.7 million in total revenue in 2024, which was up over 34% from 2023’s $280 million, despite challenges in […]
Jobs reports and Federal Reserve speeches will dominate the week ahead, which follows a tumultuous one for markets. The second estimate for Q4 GDP confirmed that the economy grew at a solid 2.3% pace, led by consumer and government spending, but concerns about future GDP growth persist due to potential government spending cuts and trade […]