In a recent statement, Coinbase’s CEO Brian Armstrong voiced his endorsement for President Donald Trump’s ambitious strategy to create a national Bitcoin reserve. Armstrong argues that this initiative could unlock significant economic advantages for the United States. What Are the Economic Implications?How Will the Crypto Advisory Board Function? What Are the Economic Implications? Armstrong contends … Read more
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The Canadian Dollar shed another third of a percent against the Greenback. A lack of meaningful data from Canada is doing little to bolster the battered Loonie. Canadian CPI inflation due next week unlikely to spark much confidence. The Canadian Dollar (CAD) slumped back into familiar multi-year lows on Friday, sending USD/CAD back above the … Read more
The Trump team has offloaded $500 million worth of their newly launched TRUMP tokens, holding on to 85% of the total supply, according to blockchain analyst Conor. “From what I can see on-chain, Trump has sold approximately $500 million of tokens so far,” Conor said, adding that every single circulating token has either been sold … Read more
In a recent statement, Aave co-founder Stani Kulechov emphasized the critical need for the Ethereum Foundation (EF) to enhance its focus on innovation. Responding to Vitalik Buterin’s announcement regarding a significant leadership restructuring within the EF, Kulechov asserted that the organization must prioritize reducing transaction costs without compromising security or adding unnecessary complexity. He argued … Read more
Bitcoin’s recent market dynamics, particularly the liquidation of short positions, indicate a potential local top in its price action. Traders are increasingly analyzing the rise in Open Interest, as sharp liquidations reflect growing confidence among institutional investors. Coinotag states, “Institutional involvement in Bitcoin has surged, creating a complex interplay between retail sentiment and broader market … Read more
It’s instructive to look back to see how much difference one week can make. Participants weathered volatile bitcoin price action, the marque crypto asset dropped 10%. Despite spot bitcoin ETF outflows and macroeconomic concerns on the negative side, the bullish sentiment around blockchain activity on the positive helped keep most people bullish. This editorial is … Read more
“A lot of the projects that have done the best [in 2024] have been meme token projects,” EARN’M co-founder Dan Novaes told Cointelegraph.
The cryptocurrency market has produced many success stories, with Ethereum standing out as one of the most transformative projects in blockchain history. Now, a new contender, Lightchain AI, is emerging with the potential to follow in Ethereum’s footsteps. Priced at $0.00525 in its presale and having already raised over $11 million, Lightchain AI has attracted … Read more
Crypto “godfather” Adam Iza and former LA cop Eric Chase Saavedra have pleaded guilty to charges of tax and civil rights crimes. According to the Department of Justice (DOJ) document, Iza, who is a cryptocurrency businessman, worked with Los Angeles Sheriff’s Department (LASD) deputy Saavedra. They admitted to violating federal crimes, including conspiracy, tax evasion, … Read more