Update (Dec. 16 at 12:40 am UTC: This article has been updated to include comments from Satoshi Action Fund CEO Dennis Porter, US Federal Reserve interest rate cut predictions and Bitcoin’s price rise to $106,000.Bitcoin’s price rallied nearly 5% in
Michael Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, hinted it bought more Bitcoin over the weekend — marking the firm’s first acquisition with an average purchase price of over $100,000.In a Dec. 15 post to X, Saylor aske
Ripple’s chief technology officer, David Schwartz, says there could be potential “supply shortages” in the early days of Ripple’s US Dollar-pegged stablecoin but is warning investors not to “FOMO.” In a Dec. 15 post to X, Schwartz said he expects out
David Schwartz, chief technology officer at San Francisco-based blockchain firm Ripple, has cautioned the XRP community that there might be supply shortages of the new RLUSD stablecoin. This comes after Xamax, a popular XRP wallet, started showing XR
Today in crypto, Axelar co-founder Georgios Vlachos, the RLUSD stablecoin will increase demand for XRP, Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew s
Update (Dec. 15, 2024 19:15:09 UTC): This article has been updated to add that Axelar is the canonical bridge connecting XRPL to the XRPL EVM Chain and 69 other blockchains.XRP experienced a historic rally in November 2024 due to political tailwinds
Bitcoin recovered sharply from the weekly lows and is charging toward the all-time high of $104,088. VanEck expects the cryptocurrency bull market to hit its first peak in the first quarter of 2025. After that, the asset manager anticipates a 30% pu
OpenAI co-founder Ilya Sutskever recently gave a lecture at the Neural Information Processing Systems (NeurIPS) 2024 conference in Vancouver, Canada arguing that the age of artificial intelligence pre-training is ending and forecasted the rise of an
Hedge funds have set a new record for shorts against Ethereum on the Chicago Mercantile Exchange (CME), driving these positions to an all-time high.This development comes as Ethereum struggles to maintain momentum above the $4,000 mark despite a stro
XRP experienced a historic rally in November 2024 due to political tailwinds and new ecosystem developments. Georgios Vlachos, co-founder of the Axelar open-source interoperability platform, told Cointelegraph that the upcoming RLUSD stablecoin will
JPMorgan raises price targets on Bitcoin mining stocksAnalysts at JPMorgan raised price targets for four Bitcoin mining stocks to reflect value from the miners electrical power assets and BTC holdings, according to a Dec. 10 report shared with Cointe
Today in crypto, Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew significantly, Michael Saylor has tipped crypto miner MARA Holdings to be next in line a
Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike.A 200K Bitcoin buy order is coming in January 2025?In a podcast
JPMorgan raises price targets on Bitcoin mining stocksAnalysts at JPMorgan raised price targets for four Bitcoin mining stocks to reflect value from the miners electrical power assets and BTC holdings, according to a Dec. 10 report shared with Cointe
Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew significantly. According to data from decentralized finance (DeFi) aggregator DefiLlama, liquid restaking
JPMorgan raises price targets on Bitcoin mining stocksAnalysts at JPMorgan raised price targets for four Bitcoin mining stocks to reflect value from the miners electrical power assets and BTC holdings, according to a Dec. 10 report shared with Cointe
What are Bitcoin miners as energy buyers? Bitcoin miners can work as dynamic energy buyers with the flexibility to adjust consumption according to energy supply and demand using sophisticated energy management strategies. First things first, you ne
Non-fungible token (NFT) marketplace OpenSea has sparked speculation of an impending token launch and user airdrop following its registration in the Cayman Islands.The news was shared on Dec. 14 by Waleswoosh, a pseudonymous researcher from the Azuki
JPMorgan raises price targets on Bitcoin mining stocksAnalysts at JPMorgan raised price targets for four Bitcoin mining stocks to reflect value from the miners electrical power assets and BTC holdings, according to a Dec. 10 report shared with Cointe
Following a market rebound, Ethereum (ETH) has shown only sideways movement in the past few days as the battle to break beyond the $4,000 price region continues. While investors continue speculating on the asset’s next movement, the recent developmen