Crypto.com has been announced as the title sponsor for the upcoming Crypto.com Showdown, a professional golf tournament featuring a prize purse paid entirely in cryptocurrency. The event, scheduled for Dec. 17, in Las Vegas, will feature PGA Tour stars Rory…

Brazilian lawmaker Eros Biondini introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion — equivalent to 5% of Brazil’s international reserves as of September. According to the bill, the RESBit will diversify Brazil’s Treasury assets, protect international reserves against exchange fluctuations and geopolitical…

Crypto investing may have allowed lower-income Americans to buy their own homes at a higher rate than the rest of the population, according to a paper released Tuesday by the U.S. Treasury’s Office of Financial Research. The rise in cryptocurrency investment in recent years came with a pronounced uptick in debt — most notably mortgages…

Telegram’s total cryptocurrency holdings hit $1.3 billion in the first half of 2024, which was $400 million at the end of the year 2023. This growth was fueled by Toncoin sale and some other financial activities highlighted the company as one of the major players in the digital asset ecosystem. The recent report has sparked…

Fairshake, a US Super PAC supporting the crypto industry, has already accumulated $103 million to spend on the 2026 midterms. In the 2024 election, Fairshake heavily invested in pro-crypto candidates from both parties. Ripple CEO Brad Garlinghouse contributed $25 million to a growing pro-crypto war chest, and other companies have made similar donations to the…

Cardano (ADA) price has surged over 170% this November, emerging as a top performer in the cryptocurrency market. This remarkable rally reflects broader bullish trends across the crypto sector, reigniting investor confidence and interest. Breaking key resistance levels, ADA has demonstrated strong upward momentum, with analysts projecting a potential climb beyond $1.50. Despite market corrections,…

American stock exchange outfit NYSE Arca has submitted a 19b-4 filing on behalf of Bitwise Asset Management to list combined Bitcoin and Ethereum ETP products. As an asset manager with $11 billion in managed funds, this filing will deepen the exchange’s foothold in the crypto market. The Bitwise Bitcoin and Ethereum ETP According to the…

Binance founder Changpeng Zhao has claimed that memecoins are now getting “a little weird” and called on the crypto community to get back to building real applications. Memecoins have tumbled in the past week after surging following the Trump election victory, with some like POPCAT and PNUT losing as much as 30%. Is the memecoin…

American crypto trading platform Kraken has decided to shut down its Non-Fungible Token (NFT) marketplace. In a personal message circulating on X, the exchange informed some of its users holding NFT of the sunset plans. End of Kraken NFT Marketplace  As the trading platform noted, the shutdown process will commence on November 27. The digital…

[PRESS RELEASE – Los Angeles, California, November 26th, 2024] Bridging Web2 and Web3: Haliey Welch and overHere Unite Crypto and Meme Culture Haliey Welch, globally recognized as the face behind the viral “Hawk Tuah” meme, today announced on X (formerly Twitter) and on her Talk Tuah episode with Mark Cuban that she is going to…