Crypto News Center

Binance listing sparks gains for COW and CETUS tokens

Bitcoin spiked to above $75,400, a new all-time high. This came as Donald Trump clinched the US presidency, beating Kamala Harris. Bitcoin rose to new all-time high above $75,000 as world leaders began to congratulate Donald Trump as the winner and president-elect in the 2024 US election. As Trump took a decisive lead with key wins in Pennsylvania, Georgia and North Carolina, pushing his Electoral College votes past the 270...

Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether

Tether asserted that its relationship with Cantor is purely professional, focused on reserve management. Photo: Evan Vucci/AP Key Takeaways Cantor moved to secure 5% of Tether ownership in a deal worth around $600 million. The company's CEO, Howard Lutnick, will resign from Cantor Fitzgerald upon his confirmation as Commerce secretary. Cantor Fitzgerald, led by Donald Trump’s Commerce secretary nominee Howard Lutnick, reached an agreement to acquire a 5% ownership interest...

Tether Mints 19 Billion “USDT” Tokens In 28 Days!

Today, the largest stablecoin issuer Tether has minted 2 billion “USDT” tokens on Ethereum. Reportedly, since 06th November, Tether has minted a combined total of 19 billion USDT tokens on Ethereum and Tron chains. With this, Tether is constantly supporting the funds into various exchanges. Moreover, 4 billion USDT tokens were minted this week. During this period, the largest cryptocurrency by market capitalization, the BTC price has surpassed its milestone...

Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities

The integration offers key features like battle-tested security, secure token transfers, and programmable token transfers. Key Takeaways Mantle Network has integrated Chainlink's CCIP to enhance cross-chain capabilities. Mantle aims to empower developers to build more sophisticated decentralized applications (dApps) that seamlessly operate across multiple blockchains. Mantle Network, an Ethereum layer 2 solution, has adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to bolster its cross-chain capabilities, aiming to provide developers with a...

Stocks rebounded: What’s next?

Tuesday's trading session was mixed; stock prices bounced, but they closed well below the daily highs. The S&P 500 reached a local high of 5,312.34 but closed more than 70 points below that level, gaining 'just' 1.04%. Overnight, calming words from the Bank of Japan were released, and this morning, the S&P 500 is likely to open 1.0% higher in another attempt to retrace more of its recent sell-off. Before...

Solana meme coin GME surges 65% as Roaring Kitty signals comeback

Roaring Kitty, famed for driving GameStop’s 2021 surge, sparks renewed interest in GME stock and meme coins with cryptic post. Photo: Roaring Kitty X post Key Takeaways Solana-based meme coin surged 65% following Roaring Kitty's cryptic message. GameStop shares saw a 15% increase leading to trading halts due to volatility. GameStop champion Keith Gill, known as “Roaring Kitty,” sparked market movements after posting a cryptic message on X, leading to...

Donald Trump Names White House ‘AI and Crypto Czar’

By Mark Hunter 12 hours agoSat Dec 07 2024 11:56:32 Reading Time: 2 minutes President-elect Donald Trump has appointed venture capitalist David Sacks as the White House’s AI and Crypto Czar Sacks is tasked with developing policies to enhance US competitiveness in artificial intelligence and cryptocurrency sectors He will also lead the Presidential Council of Advisors for Science and Technology, focusing on safeguarding free speech online and addressing Big Tech...

NFT Sales Down $2 Billion in Second Quarter

By Philip Maina 1 month agoMon Jul 01 2024 11:22:47 Reading Time: 2 minutes NFT sales dropped by almost $2 billion in Q2 2024 compared to Q1 The sales plummeted from$4.1 billion to $2.3 billion which is almost a 50% decline within three months The decline is attributed to dropping crypto prices The turmoil experienced in the crypto market scene in the last three months spilled over to the NFT...

AIOZ Gains 27% with New AiPets and W3S NFT Integration

DePIN project AIOZ has burst into the top 100 cryptocurrencies by market cap after a huge week of growth. The project’s market cap soared past US $1.3b, with AIOZ’s price hitting its highest point since way back in 2021. AIOZ’s recent surge is in no small part due to a new partnership with AiPets, the Web3 game combining a Tamagotchi with artificial intelligence.   AIOZ will utilise its W3S network of...

BlackRock, WisdomTree Bitcoin ETFs dominate daily inflows

GBTC's massive outflows failed to outweigh the gains of other ETFs. Key Takeaways BlackRock's IBIT led the pack, attracting over $157 million in net capital. WisdomTree's BTCW had a historic day with over $118 million, its largest inflow since its trading debut. BlackRock’s iShares Bitcoin Trust (IBIT) solidified its market leadership on August 8, attracting over $157 million in net capital, according to data from Farside Investors. But the day’s...