Crypto News Center

TradingView Adds Coinbase Perpetual Swaps in Platform Expansion

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...

MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected

MicroStrategy’s addition to the Nasdaq 100 on December 23 is expected to drive $2.1 billion in ETF share purchases, potentially bolstering its Bitcoin holdings. Photo: Trung Phan Key Takeaways MicroStrategy is set to join the Nasdaq 100 Index, with an official announcement expected on December 13. MicroStrategy’s Nasdaq 100 inclusion could drive $2.1 billion in ETF share buying. MicroStrategy is expected to join the Nasdaq 100 Index on December 23,...

Ripple (XRP) Price Faces Uncertain Momentum After 6-Year Highs

Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana’s market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018. This decline suggests that the bullish momentum has cooled, and...

Liquor giant Brown-Forman’s stock rises as it signals growth ahead despite market challenges

Earnings Results Liquor giant Brown-Forman’s stock rises on growth signals ahead despite market challenges Company seeing traction in international markets as well as a boost from Woodford Reserve and Old Forester whiskeys Last Updated: Dec. 5, 2024 at 3:46 p.m. ET First Published: Dec. 5, 2024 at 8:56 a.m. ET Referenced Symbols Brown-Forman Corp.’s stock rose 11% as the top gainer in the S&P 500 on Thursday after the liquor...

Google and Coinbase vets raise $5 million to build Icebreaker, blockchain’s answer to LinkedIn

Icebreaker—think LinkedIn but on a blockchain—announced on Wednesday it has secured $5 million in seed funding. CoinFund led the raise, with participation from Accomplice, Anagram, and Legion Capital, among others. The company, which is valued at $21 million, wants to become the world’s first open-source network for professional connections. Its cofounders, Dan Stone and Jack Dillé, hail from Google and Coinbase; Stone was a product manager at the crypto giant...

Trump Urges to ‘Keep Your Bitcoin’ Because US Will Be ‘Crypto Capital’, Announces Plans to Make BTC a Strategic Reserve Asset

Donald Trump has announced plans to designate Bitcoin as a strategic reserve asset for the US. At the Bitcoin 2024 conference in Nashville, he committed to maintaining a national BTC reserve and promised not to sell any seized Bitcoin. Trump also intends to fire SEC Chair Gary Gensler, although it’s not clear he can and will actually follow through with that. Widespread speculation has been confirmed: Donald Trump announced plans...

A Second Look at Third-Party Token Allegations in the SEC's Case Against Binance

Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission's case against Binance after publishing her ruling on Binance's motion to dismiss the SEC lawsuit. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Third-party questions The narrative Last week, a federal judge said she would review her ruling in...

Dogecoin (DOGE) Price Jumps 128% in a Month Amid 11-Year Celebration

Dogecoin (DOGE) price has recently seen significant growth, up 128% in the last 30 days, marking a major milestone as it celebrates 11 years since its launch in 2013 by Billy Markus and Jackson Palmer. As the largest meme coin in the market, with a market cap approaching $65 billion, DOGE continues to hold strong attention. However, the DOGE Ichimoku Cloud chart is showing mixed signals. While the price remains...

Russian lawmaker proposes national Bitcoin reserve

Proposal highlights Bitcoin as a hedge against sanctions and volatility, paving the way for alternative reserves in global trade. Photo: Bitcoinist Key Takeaways A Russian lawmaker has proposed the creation of a national Bitcoin reserve to counteract sanctions and geopolitical risks. The proposal could influence other sanctioned countries to consider cryptocurrencies as tools for maintaining financial stability. A Russian lawmaker has proposed creating a national Bitcoin reserve to hedge against...

Republican Senator Lummis Pushes for BTC Reserve as Trump Returns to the White House

After Donald Trump secured his victory in the 2024 U.S. presidential race, Cynthia Lummis, the Republican senator from Wyoming, jumped on social media with a bold declaration: “We are going to build a strategic bitcoin reserve.” ‘Every Nation Needs a Bitcoin Reserve’ Wyoming’s Republican senator and vocal bitcoin advocate, Cynthia Lummis, couldn’t hide her excitement over Donald Trump’s election victory. In a lively post on X Wednesday, she wrote, “The...

Bitcoin 2024: Ten Months in Review, Key Milestones, and Expert Predictions for Year-End

As of Nov. 11, 2024, bitcoin (BTC), the undisputed crypto heavyweight, has enjoyed a phenomenal year. Over the last ten months, it has been breaking records across the board. From hashrates to daily transaction peaks, price surges, and making an impact in non-fungible tokens (NFTs) and decentralized finance (defi), BTC has been on a non-stop streak. To commemorate these achievements, we present an extensively researched recap of bitcoin’s 2024 highlights,...

Top Crypto News This Week: Ripple Stablecoin, Grayscale XLM Trust, FIFA NFT Game, and More

This week’s crypto calendar is packed with major events and bullish stories, including the potential approval of Ripple’s Stablecoin, XRP overthrowing BNB with a $100 billion market cap, XLM’s 50% surge following a Grayscale Stellar Lumens Trust filing, and FIFA’s new NFT game.  Additionally, Binance has delisted eight altcoin trading pairs from its spot market, while MicroStrategy is planning to add more Bitcoin to its portfolio. Here are the top...

Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum’s Ecosystem

TLDR Ethereum’s median gas price has hit a 5-year low, dropping to 1.9 gwei on August 10, with low-priority transactions costing around 1 gwei or lower. The decrease in gas fees is attributed to increased activity on layer-2 networks and the implementation of the Dencun upgrade in March. The low fees have led to concerns about Ethereum’s deflationary narrative, as fewer ETH are being burned while more are being issued....

This Hedge Fund Now Has a 1,000x Profit on Bitcoin

This Hedge Fund Now Has a 1,000x Profit on Bitcoin Dan Morehead's Pantera Capital Management was one of the first funds to get into bitcoin (BTC) back in July 2013. Nov 26, 2024, 8:12 p.m. UTC Pantera Capital Management’s Bitcoin Fund just hit a milestone: a 1,000-fold gain in the value of its crypto holdings since launch. Started in 2013 as one of the first investment products exposing customers to...

Senator Lummis files ‘Bitcoin Act of 2024’ bill proposing a US strategic BTC reserve

Renewed interest surges in Lummis's July proposal for a Strategic Bitcoin Reserve amid a Trump win and Bitcoin's new all-time high. Author: Cynthia Lummis X account Key Takeaways The Bitcoin Act of 2024 proposes a US Strategic Bitcoin Reserve to strengthen the dollar and maintain crypto leadership. The proposal includes acquiring 1 million Bitcoins over five years and using Federal Reserve remittances to fund the program. Senator Cynthia Lummis has...

Binance Labs Onboards 3 New Crypto Projects For Its Training Program

Binance Labs, the venture capital and incubation arm of Binance, has recently expanded its support for by welcoming three new crypto projects into the seventh season of its Incubation Program. Binance Labs, known for bolstering early-stage projects, continues to foster potential game-changers in the Web3 ecosystem. However, admission into the Binance Incubation Program does not guarantee an investment from the venture capital arm. 3 Projects That Joined the Binance Incubation...

Shiba Inu’s New Encryption Step Enhances User Privacy in Expanding Shibarium

The Shiba Inu ecosystem is advancing its capabilities by incorporating Zama’s Fully Homomorphic Encryption (FHE) technology. This move will enhance privacy while maintaining transparency in blockchain transactions, offering users a secure and verifiable experience. Shibarium’s Encryption Upgrade Sets New Standard for Secure DeFi Transactions Kaal Dhairya, a key developer within the Shiba Inu ecosystem, announced the partnership with Zama through a recent post on X (formerly Twitter). Zama, an open-source...

Protocol Village: X10, Hybrid Perps Exchange Settling on StarkEx, Launches on Mainnet

Wednesday, Aug. 7 Metis Says Hashkey Cloud Onboarding Onto Decentralized Sequencers Network PROTOCOL VILLAGE EXCLUSIVE: Metis, an Ethereum layer-2 rollup platform distinguished by its decentralized sequencer, announced that Hashkey Cloud, with the robust support of the Metis community, has successfully passed the Critical Evaluation Group review at the end of July. According to the team: "Hashkey Cloud is now in the process of onboarding onto the Decentralized Sequencers network and...

Dogecoin Price Looking Stronger – ‘Expect Massive Gains’, Analyst Predicts

Currently at a turning point is Dogecoin (DOGE), the cryptocurrency that started as a joke but has lately attracted the interest of traders. Analysts and investors are keenly observing its price movements, if it can overcome a significant barrier. The $0.10 mark has emerged as an interesting number as some analysts think it will set in motion the meme coin to a fresh positive phase. A recent examination by Crypto...

How Companies Can Take a Global Approach to AI Ethics

Ideas about right and wrong can differ from one cultural context to the next. Corporate AI governance must reflect this. August 05, 2024 Illustration by Ola Szczepaniak Post Post Share Annotate Save Get PDF Buy Copies Print Many efforts to build an AI ethics program miss an important fact: ethics differ from one cultural context to the next. Ideas about right and wrong in one culture may not translate to...

US Bitcoin Reserve Proposal Draws Mixed Reactions on Social Media 

As chatter grows around the idea of a U.S.-led bitcoin strategic reserve, the topic has ignited lively debate. Some enthusiasts view it as an inevitable move toward global bitcoin adoption by nation-states, while others decry the notion as a betrayal of the cryptocurrency’s core philosophy. Contrasting Opinions Surface on the U.S. Adopting a Bitcoin Reserve The buzz around the United States potentially building a strategic bitcoin (BTC) reserve is only...

The Role of Degens in the Crypto Horizon – Hype Gains and Scam Losses

HodlX Guest PostSubmit Your Post As someone passionate about the crypto ecosystem, I’ve observed the rapid evolution of the cryptocurrency landscape – particularly the rise of ‘degens’ and their impact on market dynamics. While degens have undoubtedly contributed to the growth and visibility of cryptocurrencies, their behavior also poses significant risks. Advertisement The rapidly changing nature of degen culture – coupled with the proliferation of fraud projects targeting this audience...