A Polymarket wager amassing $54,666 in trading volume suggests an 87% likelihood that a spot XRP exchange-traded fund (ETF) will secure regulatory approval by 2025. XRP ETF Mania Hits 87% Confidence: Polymarket Traders Bet Big on 2025 Approval In January 2024, the U.S. Securities and Exchange Commission (SEC) cleared the way for multiple spot bitcoin …
Continue reading “Ripple Effect: Surging XRP ETF Optimism Follows SEC Legal Retreat”
In a recent social media post, economist Peter Schiff critiques the Trump administration’s characterization of the U.S. as the “world’s best customer,” arguing that this perspective misrepresents the global economic relationship. Schiff asserts that while demand is unlimited, the resources to satisfy that demand are scarce, emphasizing that supply, not demand, is the limiting factor …
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With over …
Continue reading “DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race”
Fidelity Investments has filed to register a tokenized version of its US dollar money market fund on Ethereum — joining the likes of BlackRock and Franklin Templeton in the blockchain tokenization space.Fidelity’s March 21 filing with the US securities regulator said “OnChain” would help track transactions of the Fidelity Treasury Digital Fund (FYHXX) — an …
Continue reading “Fidelity files for Ethereum-based US Treasury fund ‘OnChain’”
Coinbase, the biggest crypto exchange in the US, is reportedly having acquisition talks with derivatives platform Deribit. Citing people familiar with the matter, Bloomberg reports that Coinbase is in advanced discussions with Deribit to acquire the firm. Deribit is currently the largest centralized trading platform for Bitcoin (BTC) and Ethereum (ETH) options contracts by volume. …
Continue reading “Coinbase in ‘Advanced’ Stages of Acquiring Derivatives Platform Deribit: Report”
The deputy director of China’s National Laboratory of Finance and Development reportedly says that the country should expand the scope of its digital yuan amid President Trump’s embrace of cryptocurrencies. In an opinion piece posted on the official Chinese publication the Study Times, Zhang Ming says that stablecoins anchored to the US dollar dominate the …
Bitcoin’s resilience in the $80,000 range could set the stage for AVAX, NEAR, TON and OKB to rally. Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above …
Continue reading “Bitcoin price recovery sets base for TON, AVAX, NEAR, OKB to rally”
Bitcoin may still be “stuck” in the mid-$80,000 range, but the signs are there for the bull market breakout repeating itself. Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding strength …
Continue reading “Bitcoin ‘in position’ for first key RSI breakout in 6 months at $85K”
The mining industry continues to struggle and faces multiple headwinds, including high computing costs, trade war fears, and energy issues. The Bitcoin (BTC) mining hashprice — a miner’s daily revenue per unit of hashing power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% …
Continue reading “Bitcoin mining hashprice stays flat despite higher difficulty: Report”
Strategy has staggered its most recent BTC purchases after a 12-week consecutive buying streak between November 2024 and January 2025. Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering. The executive shared a Sunday Bitcoin chart on X, hinting …
Continue reading “Saylor hints at impending BTC purchase after latest capital raise”
An insider at a bank with branches across the US is accused of forging documents to steal funds from customers’ accounts. The Department of Justice (DOJ) says that while working as a teller at the unnamed bank’s branch in Boston, Massachusetts, Derek Aut lifted $180,000 from the accounts of two customers. To carry out his …
The chief executive of the world’s largest stablecoin issuer is reportedly looking to receive an audit from one of the biggest accounting firms in the world. According to a new report by Reuters, Tether CEO Paolo Ardoino says the company is in talks with one of the Big Four accounting firms – KPMG, Deloitte, EY …
Ether whale accumulation started rising at the beginning of March, suggesting that large holders are expecting an ETH rally in the near term. Ether needs to reclaim the “macro” range above the $2,200 mark to amass more upside momentum as crypto markets remain pressured by global macroeconomic concerns until at least the beginning of April. …
Continue reading “ETH may reclaim $2.2K ‘macro range’ amid growing whale accumulation”
A Bitcoin weekly close above $85,000 will be “critical for resuming upside momentum,” amid ongoing trade war concerns, analysts told Cointelegraph. Bitcoin analysts are closely watching the weekly close to assess the cryptocurrency’s price trajectory for the coming week, as both traditional and crypto markets remain directionless amid a mix of global trade war fears …
Continue reading “Bitcoin needs weekly close above $85K to avoid correction to $76K: Analysts”
Pakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to its shores. At the newly formed Pakistan Crypto Council’s (PCC) first meeting on Friday, members discussed channeling the country’s surplus energy to mine Bitcoin and other Proof-of-Work coins. PCC CEO Bilal Bin Saqib presented the …
