The US Dollar (USD) managed to reverse part of its recent multi-day pullback on Thursday as investors assessed the stronger-than-expected US business activity readings and the US fiscal front, particularly after President Trump’s sweeping tax bill cleared the House of Representatives. Here’s what to watch on Friday, May 23: The US Dollar Index (DXY) partially … Read more
Bitcoin ETFs raked in $609 million on Tuesday, marking their sixth consecutive day of inflows and pushing daily volume to an all-time high. Ether ETFs also maintained the momentum, notching a fourth straight day in the green with a modest $587,000 net inflow. Bitcoin ETF Surge Drives Daily Volume to $7.5 Billion Momentum isn’t just … Read more
As the cryptocurrency market continues to heat up globally, more and more users are turning to cloud mining—a hassle-free way to mine cryptocurrencies without purchasing expensive hardware. In the United States, especially, cloud mining services have become an ideal low-barrier entry point for anyone interested in Bitcoin mining. But which platforms are truly trusted, legit, … Read more
Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen. According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder of the funds. The … Read more
Bitcoin futures and options markets have shattered records this week, with open interest surging to unprecedented levels as traders amplify bullish bets—including speculative calls for prices to hit $300,000. Traders Flood Bitcoin Derivatives as Futures, Options Volumes Shatter Records The total open interest in bitcoin futures reached an all-time high of $80.73 billion, representing 723,990 … Read more
Two new fiat-backed stablecoins, EURØP and USDB, have launched on the XRP Ledger (XRPL). Their arrival follows the U.S. Senate’s advancement of the GENIUS Act, a bill focused on stablecoin regulation. Both digital assets aim to provide compliant, cross-border transaction solutions at a time of increasing scrutiny and regulatory clarity. MiCA-Compliant EURØP Introduced by Schuman … Read more
The cryptocurrency has entered uncharted territory, but a Standard Chartered Bank digital assets researcher says this is exactly what he predicted. BTC Breaches $112K; Is $120K the Next Stop? Bitcoin surged to an all-time peak of $112K on Bitstamp this afternoon and has been hovering around $111.7K as it gradually advances to the $120K target … Read more
Ripple’s acquisition of Circle could position it as a leader in blockchain finance by integrating stablecoins into its payment systems and strengthening its market presence. AI predictions suggest that Ripple’s XRP token could experience significant price growth if the Circle acquisition succeeds. Ripple is reportedly discussing a move to buy Circle, the company responsible for … Read more
XRP traded at $2.43 today with a market capitalization of $142 billion and a 24-hour trading volume of $3.754 billion. The intraday price range fluctuated between $2.35 and $2.45, positioning the asset near local highs and prompting close attention from technical analysts. XRP Short-term chart analysis of the 1-hour timeframe reveals XRP is currently undergoing … Read more
OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones. In an interview with The Wall Street Journal, OpenAI CEO Sam Altman said he and designer Jony Ive are developing these secret devices for … Read more