In an unprecedented turn of events, the Cardano Foundation’s X account witnessed a hack on Sunday. Notably, the yet-to-be-identified hacker promoted a fake token and alleged that ADA withdrawals would stop as a result of a crackdown by the U.S. SEC. In turn, the broader market saw a flurry of concerns, with even the native…
Ripple CEO Brad Garlinghouse in an interview with 60 Minutes, said that the 2024 election was a “major victory” for crypto as the majority of Fairshake, a crypto political action committee (PAC), backed candidates, <a href=”https://www.coindesk.com/news-analysis/2024/12/02/crypto-cash-fueled-53-members-of-the-next-u-s-congress” target=”_blank”>won their seats.</a> And this was a non-partisan effort, as crypto, itself is non-partisan, he argued, pointing to the…
The Bitcoin price is facing tough resistance and is unable to cross the $100K level despite institutional inflows. One factor that investors need to keep watch on is the long-term holders’ intensified BTC selling despite the massive buying coming from the likes of MicroStrategy and Bitcoin ETFs. Why Bitcoin Price Faces Rejection at $100K? Even…
Cryptocurrency investors always search for high potential altcoins that can deliver explosive returns. FXGuys, the rising star in the Top PropFi Project category, is gaining attention as on-chain metrics suggest a possible surge to $1 by 2025. With its innovative features like Trade2Earn, Staking, and the Trader Funding Program, FXGuys offers more than just price…
Euro Pacific Funds chief Peter Schiff asserted on Sunday that Bitcoin is a threat to US national security. He was referring to plans by the incoming Trump administration to hold some BTC in a strategic reserve fund. “Bitcoin has become a national security threat,” wrote Schiff in a post on X Sunday. “It’s one thing…
Crypto market participants have three US economic data to monitor this week that could influence Bitcoin (BTC) sentiment and cause volatility. The interest comes amid the significant influence of US macroeconomic data on Bitcoin and crypto markets in general this year, after a dried-up period in 2023. Meanwhile, Bitcoin price remains just shy of $100,000,…
XRP’s escrow reserves are theorized as a potential tool to address U.S. debt, sparking discussions on crypto’s role in economic stability. Tech leaders like Elon Musk and Peter Thiel could influence XRP’s integration into mainstream financial systems, showcasing its transformative potential. Inspired by the “trillion-dollar coin” concept from the 2011 debt ceiling crisis, Egrag Crypto…
Michael Saylor urges the government of the United States to sell their gold, as it accounts for more than half of the country’s financial reserves. The U.S. government is publicly known as one of the largest nations that owns gold…
In a remarkable demonstration of confidence in the cryptocurrency market, Justin Sun, a well-known figure in the blockchain industry, has made significant new deposits to the cryptocurrency exchange HTX. This move comes as the price of Ethereum (ETH) recently surged past $4,000, sparking a flurry of trading activity. Justin Sun (@justinsuntron) further deposited 29,920 $ETH…
In a notable move that has grasped the crypto community’s attention, a whale has bought $PEPE meme coin in huge amounts. As per Lookonchain, a popular on-chain analytics provider, two wallets (likely belonging to one whale) have used $4.89M to buy 190.14B $PEPE. The analytics platform discussed this development on social media. Whales are buying…
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