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Senator Warren cited ethical concerns, potential foreign influence, and personal enrichment through volatile assets tied to Trump’s presidency. The TRUMP meme coin, launched days before Trump’s inauguration, briefly surged to a market cap of $11 billion, making it the third-largest meme coin. Critics, including Warren and Representative Maxine Waters, argue that the coin launch represents…
President Trump has signed an Executive Order to support stablecoins. ECB’s Board member Piero Cipollone believes the EU needs an alternative in the form of a Digital euro. The ECB is yet to decide whether it will issue a digital euro anytime soon. For some reason, the European Central Bank (ECB) believes that banks within…
The M2 money supply has hit a new high of $21.5 trillion. This places positive sentiment around Bitcoin and other risk assets. The US Federal Reserve may return to monetary tightening if M2 money supply does not ease up. The US economy has witnessed another major financial shift, as showcased by the M2 Money Supply….
Ripple’s RLUSD stablecoin is now listed on Margex, strengthening its role in cross-border payments and crypto trading. CEO Brad Garlinghouse and SVP Jack McDonald foresee RLUSD’s expansion to major exchanges like Coinbase and Binance in 2025. Billionaire Peter Thiel-backed Bullish already offers RLUSD in seven trading pairs, signaling strong market demand and adoption. Ripple’s RLUSD…
JPMorgan Analysts say Bitcoin and components of the Russell 2000 index are correlated. This correlation shares insight into linked volatility between the asset classes. Bitcoin headwind remains, but experts see up to $116,000. Analysts at have at the high correlation between Bitcoin and small-cap tech stocks in the Russell 2000 Index. This claim was made…
The Cuban government is spotlighted after its X account promoted a rugged CUBA token. This token birthed a series of other related tokens promoted on social media. Recently, the crypto industry has welcomed many memecoins from high-profile celebrities, fueling these token’s embrace. The Launch That Raised Eyebrows Rug Pulls: The Dark Side of Crypto This…
Crypto.com is stepping up its US presence, launching institutional-grade services to cater to corporate investors and advanced traders. After years of sitting on the sidelines due to regulatory uncertainty, Crypto.com is now embracing the US market, leveraging the growing demand for digital assets among institutional players. Crypto.com, a Singapore-based cryptocurrency exchange, has officially strengthened its…
LayerZero CEO Bryan Pellegrino confirmed a settlement with FTX after two years of spending millions on legal fees. LayerZero has bought out FTX, FTX Ventures, and Alameda from all the agreements with the firm. LayerZero has a massive $107 million in direct cash deposits and is cash-rich, stated Pellegrino. Bryan Pellegrino, the chief executive of…
Crypto market nears $4 Trillion as Bitcoin hits a new all-time high at $109k. Ethereum prepares for a channel breakout rally to create a new 52-week high beyond $4,000. The Ethereum open interest surges with a rise in funding rate reflecting growing optimism among traders. Trump’s World Liberty Financial adds more Ethereum with Eric Trump…
KBW report highlights unique strength for BTDR, CLSK, and CORZ in AI ventures, efficient mining operations, and hosting services. For the first time since September 2024, Bitcoin mining difficulty dropped by 2.12% to 108.11 trillion. This ensures network stability despite miner activity changes, aligning with broader market dynamics. Bitcoin mining stocks have once again been…