Shiba Inu could chalk off one zero and mark a strong price rally to unprecedented prices if its market cap reaches $150 billion. Shiba Inu joined a broader market bullish trend yesterday, continuing its recovery phase. Notably, the second-largest meme coin by market capitalization is up 3% since the start of the week and is … Read more
Strategy’s Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin’s increased adoption and constrained daily supply will see it rally to $1 million. “Winter is not coming back,” Saylor told Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.” Billion-dollar asset … Read more
Ripple has committed over $5 million to expand blockchain research in APAC, advancing innovation, education, and talent across the region. Ripple Commits Over $5M to Advance Blockchain Research in APAC Ripple is expanding its commitment to blockchain development in the Asia-Pacific (APAC) region, as highlighted in a Ripple Insights article published on June 10. APAC … Read more
Bitcoin is trading near two-week highs around $110,000 as investors closely monitor upcoming U.S. inflation data that could influence Federal Reserve interest rate decisions. Institutional buying and strategic positioning have supported Bitcoin’s price, with key market players like Strategy and Japan’s Metaplanet increasing their Bitcoin reserves amid broader macroeconomic developments. According to crypto analyst Rachael … Read more
OPEC Secretary General Haitham Al Ghais said on Tuesday that oil demand growth will remain robust over the next two and a half decades as the world population grows, per Reuters. OPEC estimates a 24% growth in global energy consumption between now and 2050, with oil demand exceeding 120 million barrels per day over that … Read more
Bitcoin’s rise to new all-time highs is happening on a backdrop of deep economic strain, according to a new report from Cathie Wood-led ARK Invest. Bitcoin’s 11.1% climb in May, outpaced gold and broke through key resistance levels, said ARK. Gains also coincided with clear signs of stress in the housing and auto sectors, traditionally … Read more
The Financial Services Commission of South Korea has proposed a new law to license stablecoin issuers and broad crypto oversight. Digital Asset Basic Act requires local stablecoin issuers to own at least ₩500 million and obtain regulatory permission. The new committee and industry body will coordinate the policy and monitoring of tokens. The Democratic Party … Read more
U.S. lawmaker pressures SEC to release internal documents on ethereum’s security status, citing regulatory inconsistency and need for public transparency. US Lawmaker Presses SEC for Transparency on Ethereum’s Security Designation U.S. Representative William Timmons (R-SC) has written to U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, requesting specific documents related to the SEC’s historical … Read more
An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says. The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controversial OP_RETURN function and allow each … Read more
As President Donald Trump’s trade war threatens to upend the global economy, an interesting divergence has emerged that could potentially grease the bitcoin bull run. The divergence in consideration is the elevated yields on U.S. Treasury notes that threaten to compound the fiscal issues, and the renewed negative flip in yields on Swiss government bonds. … Read more