Gold prices rose in Saudi Arabia on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 402.91 Saudi Riyals (SAR) per gram, up compared with the SAR 400.75 it cost on Tuesday. The price for Gold increased to SAR 4,699.47 per tola from SAR 4,674.30 per tola a day earlier. Unit … Read more
The market’s expectation of Bitcoin surging to new highs could prevent it from happening in the near term, but that doesn’t rule out the possibility of Ether surprising investors, analysts say. Santiment analyst Brian Quinlivan told Cointelegraph on Wednesday that the analytics firm is “seeing an anticipation for Bitcoin’s next ‘all-time high’ across social media. … Read more
Threat Fabric’s Mobile Threat Intelligence (MTI) team has warned cryptocurrency users about a new variant of the Crocodilus mobile malware, now equipped with an automated seed phrase collector. Malware Features Seed-Phrase-Collecting Parser The Mobile Threat Intelligence (MTI) team at Threat Fabric has issued a warning to cryptocurrency users about a new variant of mobile malware, … Read more
Following weeks of parallel trading and unimpressive directional moves, the crypto market broke out overnight from its latest phase of consolidation—led, this time, by Ethereum. The second-largest cryptocurrency by market capitalization surged with renewed strength, and its move sparked widespread optimism across the broader altcoin space and revived hopes that a new altseason may be … Read more
The US House Committee on Financial Services has advanced a crypto market structure bill called the Digital Asset Market Clarity (CLARITY) Act, which will soon head to the full House floor for a vote. House Financial Services lawmakers voted 32 to 19 on Tuesday to put the CLARITY Act to a full floor vote after … Read more
South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Edyme is a writer, a content writer that specialises in writing about the crypto realm. Asides Bitcoinist and NewsBTC, Edyme’s writing has been featured in top sites such as Blockchain.News, CoinMonk, … Read more
USD/MXN softens to around 19.05 in Wednesday’s early European session. The US and Mexico discussed a deal to cut Trump’s steel tariffs. Traders await the US May CPI inflation data later on Wednesday. The USD/MXN pair remains on the defensive near 19.05 during the early European session on Wednesday. The Mexican Peso (MXN) strengthens against … Read more
The Librarian Ghouls hacker group has compromised hundreds of Russian devices and used them to mine crypto in an apparent case of cryptojacking, cybersecurity firm Kaspersky says. The hacker group, which is also known as Rare Werewolf, gains access to systems through malware-ridden phishing emails disguised as messages from legitimate organizations that appear to be … Read more
Guggenheim Treasury Services has pioneered the issuance of digital commercial paper on the XRP Ledger, signaling a significant evolution in blockchain adoption by institutional finance. This initiative underscores the growing preference for the XRP Ledger in delivering efficient, cost-effective financial instruments, enhancing liquidity and cross-border transaction capabilities. Markus Infanger, Senior Vice President at RippleX, emphasized, … Read more
The US Securities and Exchange Commission could start to approve some crypto-tied exchange-traded funds as soon as next month, kicking off an “altcoin ETF summer,” analysts say. Bloomberg senior ETF analyst Eric Balchunas posted to X on Tuesday a note from fellow analyst James Seyffart that said, “ETFs that track broad crypto indexes may be … Read more