PINEHURST, NORTH CAROLINA – JUNE 16: Bryson DeChambeau of the United States poses with the trophy … More after winning the 124th U.S. Open at Pinehurst Resort on June 16, 2024 in Pinehurst, North Carolina. (Photo by Ross Kinnaird/Getty Images) Getty Images Last year’s U.S. Open Champion, Bryson Dechambeau, had many reasons to smile. In … Read more
Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay for settlement costs ordered by the court. According to the letter submitted by both parties, $50 million will be transferred to the SEC for the … Read more
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging … Read more
TOPSHOT – Israeli Prime Minister Benjamin Netanyahu speaks during a joint press conference with the … More German Chancellor after their meeting in Jerusalem on March 17, 2024. (Photo by Leo Correa / POOL / AFP) (Photo by LEO CORREA/POOL/AFP via Getty Images) POOL/AFP via Getty Images Oil prices surged after the massive Israeli attacks … Read more
The XRP treasury signals a major shift from speculative leverage to long-term strategic positioning. Native USDC on XRPL boosts TVL potential and reinforces Ripple’s role for growing utility. On the macro frame, Ripple [XRP] is fiercely defending the $2 support to stave off a market-wide capitulation. On the micro, its 5.7% drawdown barely scratches the … Read more
Key takeaways: Bitcoin returns after major downside catalysts have exceeded 64.6% since 2010, suggesting that the recent escalation of tensions in the Middle East could be a BTC purchasing opportunity. Despite trading near all-time highs, Bitcoin’s Puell Multiple remains in the discount zone, indicating institutional accumulation and undervalued market conditions. Bitcoin (BTC) price fell to … Read more
On Friday, around 2 p.m. Eastern time, reports show that Iran has begun counterstrikes firing “hundreds” of ballistic missiles toward Israel. Wall Street Sinks as Israel-Iran Conflict Erupts in Missile Onslaught CNN reported that the Israeli military said it identified incoming missiles launched from Iran, and the news station heard the explosions in Tel Aviv … Read more
Altcoins are showing surprising strength today, even as the broader crypto market reels from heavy losses, with Ethereum (ETH) and Solana (SOL) both down over 6%. Aerodrome Finance (AERO), Zebec Network (ZBCN), and WhiteBIT Token (WBT) are leading the way, each defying the downtrend with notable gains. AERO is up over 18% following Coinbase’s Base … Read more
The Ethereum Foundation said it will be donating $500,000 to the legal defense of Tornado Cash co-founder and developer Roman Storm, who faces charges related to allegations he conspired to run the crypto mixing service as an unlicensed money transmitter. In a Friday X post, the foundation said it would contribute $500,000 to Storm’s defense, … Read more
Bitcoin A recent chart shared by Cointelegraph highlights a compelling long-term correlation between Bitcoin’s price, U.S. stock market capitalization, and the Dow Jones Industrial Average (DJIA), revealing how closely crypto markets have started mirroring traditional financial indicators. The chart, sourced from MacroMicro, compares the performance of: Bitcoin (teal line) Total U.S. stock market capitalization (yellow … Read more