Tag: Crypto
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Today in Crypto: Major Bitcoin Loss, Solana’s Developer Boom, and Grayscale’s New Funds
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A crypto user, known as “Anchor Drops” on X (formerly Twitter), has reported the loss of 10 Bitcoin (approximately $1 million) and $1.5 million worth of NFTs, allegedly stolen from their Ledger Nano S hardware wallet. The incident has been linked to a phishing attack dating back to February 2022. A post by community member…
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Trump’s Crypto Portfolio: TROG Surpasses Ethereum
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Donald Trump’s cryptocurrency portfolio has taken an unexpected turn, with TROG emerging as his largest digital asset, surpassing Ethereum. Recent data from Arkham Intelligence reveals the former U.S. President holds $8.1 million in cryptocurrencies, with TROG dominating at 27% of his holdings. TROG Leads Trump’s Crypto Investments TROG, a meme coin inspired by Trump himself,…
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Solana (SOL) Price Surges Amid Ecosystem Developments and Market Recovery
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SOL Price Rises on Strong Network Developments The price of Solana (SOL) has seen a notable surge, buoyed by significant developments within its ecosystem and a recovery in the broader cryptocurrency market. As of today, SOL is trading at $230, marking a 6% increase in the last 24 hours and recovering losses from earlier in…
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Crypto.com Joins Forces with Deutsche Bank to Expand Banking Capabilities
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Crypto.com, a leading cryptocurrency exchange, has announced a strategic partnership with Deutsche Bank, Germany’s largest financial institution and a global corporate banking leader. This collaboration aims to bolster Crypto.com’s corporate banking capabilities across key markets such as Singapore, Australia, and Hong Kong, positioning the platform for continued international growth. Commitment to Security and Innovation Karl…
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Chainlink Joins Forces with Coinbase for Innovation
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Chainlink has announced a strategic integration with Coinbase’s Project Diamond, aimed at bolstering the management of digital assets. This collaboration is designed to enhance the compatibility of tokenized assets across diverse blockchain networks, including both public and private ecosystems. The initiative is set to elevate data connectivity within the digital asset landscape. How Will CCIP Impact…
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Ripple’s RLUSD Gets Final Approval from NYDFS to Launch USD-Pegged Stablecoin
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Ripple Labs has received approval from the New York Department of Financial Services (NYDFS) to launch its USD-pegged stablecoin, RLUSD. CEO Brad Garlinghouse confirmed the approval on X (formerly Twitter), announcing, This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll…
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Crypto Market in Turmoil as XRP Drops 12% and $1 Trillion Wiped Out
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The cryptocurrency market faced a severe downturn this week, with top tokens recording substantial losses and over $1 trillion in value erased within 24 hours. Here’s a breakdown of the developments: XRP, DOGE, and ADA Take a Hit Ripple-affiliated XRP plunged 12%, hitting an intraday low of $2.07. Dogecoin (DOGE) and Cardano (ADA) also tumbled,…
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Crypto Market ‘Buy the Dip’ Opportunities to Persist Longer, Says Hedge Fund Co-Founder
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Pullbacks expected to last longer this cycle The crypto market’s recent pullback could offer extended “buy the dip” opportunities, according to Daniel Cheung, co-founder of Syncracy Capital. Cheung suggests that price corrections may persist longer than expected, giving traders more time to capitalise on potential gains. In a post on X (formerly Twitter) on 9…
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Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why
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Renowned economist Peter Schiff has made another bold statement against Bitcoin. Schiff stated that Joe Biden’s government selling all the country’s BTC holdings would be a good thing and further explained why such a move would benefit the US. Peter Schiff Says Biden Selling All US Bitcoin Will Be “Good” In an X post, Peter…
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DOGE Under Pressure: Bulls’ Resolve Key Support Level Tests
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Dogecoin‘s recent dip below the $0.400 support level against the US Dollar marks a significant turn. Currently residing around the $0.3750 support, there remains potential for a rebound in the near term. The cryptocurrency experienced a notable decline after slipping under $0.420. It is now positioned beneath the $0.40 benchmark and the 100-hourly simple moving average. A…