As the US elections conclude with pro-crypto candidates gaining significant positions of power, the cryptocurrency market, especially Bitcoin, is experiencing a remarkable shift. The election results have revealed an increasing number of candidates who advocate for supportive cryptocurrency policies, indicating a notable change in legislative attitudes towards digital assets. Data from Stand With Crypto, an advocacy group, shows that 235
Solana (SOL) has recently made headlines with its impressive surge in value, positioning itself as a formidable player in the cryptocurrency market. With a 17% increase in the past 24 hours, Solana has climbed to become the fourth-largest cryptocurrency by market capitalization, trailing only Bitcoin (BTC), Ethereum (ETH), and Tether’s USDT. This surge has sparked discussions about Solana’s potential to
JPMorgan Chase & Co. is making a significant leap in financial technology by introducing instant settlements for dollar-euro foreign exchange (FX) transactions via its blockchain platform, Kinexys, formerly known as Onyx. By leveraging JPM Coin, a digital token tightly coupled with the US dollar, the bank aims to expedite FX settlements that usually take one to two days, offering real-time
Over the past 48 hours, Chainlink (LINK), a pivotal player in the decentralized blockchain oracle network sector, has experienced a remarkable surge in activity and market performance. This period has been marked by significant developments, including a multitude of high-profile partnerships and a sharp rise in trading volume and development activity. The recent advancements offer a compelling glimpse into Chainlink’s
Donald J. Trump’s re-election marks a significant political comeback and is perceived as a triumph for the cryptocurrency sector, which largely supported his campaign both financially and ideologically. This development is expected to foster a more favorable regulatory environment for digital assets and innovation. The newly established political landscape, with potential Republican control of the White House, Senate, and possibly
As the cryptocurrency market continues to evolve, the strategies employed by billionaire investors provide a valuable blueprint for navigating this dynamic landscape. Instead of chasing quick, short-term gains, these seasoned investors approach Bitcoin with a long-term perspective, integrating it into their portfolios in a measured and strategic way. Their methods underscore the importance of diversification, caution, and long-term growth, offering
With the recent surge in Bitcoin prices drawing attention from investors and the broader financial community, the discourse around the cryptocurrency market’s volatility has intensified. Notably, CryptoQuant CEO Ki Young Ju has taken a prudent stance, reflecting on the renewed interest in Bitcoin partly fueled by former US President Trump declaring himself as the next president. Ju emphasizes the importance
A blockchain-based prediction platform, Polymarket, has found itself entangled in potential regulatory actions in France, following substantial trading activity tied to the 2024 US presidential election. This event drew immense volume, reflecting $3.5 billion in trading, attracting the attention of France’s National Gaming Authority (ANJ) and raising concerns over potential violations of the country’s stringent gambling laws. The looming investigation
Arkham Intelligence’s forthcoming launch of the Arkham Exchange, a new crypto perpetuals exchange, has sparked significant interest within the cryptocurrency community. Supported by $12 million in funding from prominent investors like Sam Altman, the co-founder of OpenAI, this exchange aims to introduce unparalleled transparency and accountability into the market. Arkham Exchange seeks to distinguish itself from established players such as
The cryptocurrency market experienced a whirlwind of activity following Donald Trump’s decisive victory in the 2024 presidential election. This political shift, marked by a sweeping Republican control across various levels of government, triggered a notable surge in Trump-themed meme coins. However, the initial euphoria was short-lived, leading to dramatic sell-offs and highlighting the speculative nature of these niche cryptocurrencies. Initial
In a significant turn of events within the crypto industry, Binance, along with its former CEO, Changpeng "CZ" Zhao, has requested that the United States Securities and Exchange Commission’s (SEC) securities claims against them be dismissed. This legal maneuver marks another chapter in the ongoing saga between regulatory authorities and crypto behemoths. The legal team representing Binance and Zhao moved
Once hailed as a groundbreaking fusion of traditional gaming and blockchain technology, Hamster Kombat took the digital world by storm. Riding high on its association with Telegram’s immense user base, the game quickly amassed over 300 million active players within three months of its launch. However, this roaring success was short-lived, as the platform witnessed an unprecedented decline in engagement,
