The recently concluded Jupuary airdrop has made headlines in the cryptocurrency community as it distributes 700 million JUP tokens to over 2 million eligible wallets on the Solana network. This airdrop is a strategic initiative aimed at rewarding the ecosystem’s most active participants, including token swappers, stakers, and governance contributors. “The pie is growing too … Read more
PRESS RELEASE. Following the success of its Devnet phase, LayerEdge proudly announces the launch of its Incentivized Testnet, marking a major milestone in the mission to build a Bitcoin-backed internet. The Testnet advances LayerEdge’s vision of extending Bitcoin’s unparalleled security guarantees through groundbreaking technology and a modular approach to trust-minimized verification. Devnet Highlights The Devnet … Read more
In a striking declaration at the Bloomberg Summit in Davos, BlackRock’s CEO Larry Fink indicated that Bitcoin’s price could potentially reach a staggering $700,000, contingent upon widespread institutional adoption. This bold assertion underscores the growing interest from institutional investors, as discussions about Bitcoin allocations become increasingly prevalent among major funds. Fink remarked, “If everybody adopted … Read more
Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has slammed crypto lobbyists calling on … Read more
Pound Sterling rises as Trump’s gradual tariff hikes prompt risk-on mood The Pound Sterling (GBP) ticks higher to near 1.2375 against the US Dollar (USD) in Wednesday’s North American session. The GBP/USD pair gains as the US Dollar struggles to hold its two-week low, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trading cautiously … Read more
Travelers hits earnings expectation out of the park in Q4. Revenue rises 20% above same quarter in 2023. Underwriting margins expand, and investment income soars. Market surges as Netflix earnings pull NASDAQ higher. The Travelers Companies (TRV) stock shot up more than 6% in the morning session on Wednesday. The insurer’s share price has … Read more
CME Group is potentially preparing to launch futures contracts for Solana (SOL) and XRP, based on reports and images shared on social media on Jan. 22. However, CME Group has yet to make a public statement on the matter, and neither confirmed nor denied the authenticity of the images as of press time, leading to … Read more
The Chicago Mercantile Exchange (CME) plans to launch futures trading for XRP and Solana (SOL) on February 10, pending regulatory approval, according to a Jan. 22nd X post by Bloomberg ETF analyst James Seyffart. The information comes from a staging version of CME’s official website, which hinted at the upcoming release. The contracts will feature … Read more
Coinbase CEO recently stated that his exchange would delist Tether’s USDT if authorities demand it or if Tether fails to comply with new US laws. New Stablecoin Regulations on Horizon Coinbase Global CEO Brian Armstrong has said his cryptocurrency exchange would have no choice but to delist the stablecoin issued by Tether, known as USDT, … Read more
Numerous cohorts of Ethereum addresses added over 330,000 ETH in the last two weeks. Is this a sign that a $5,000 ETH price is in the making?