Florida legislators have halted two bills that seek to establish a state Strategic Bitcoin Reserve. This marks another significant blow to the state’s pursuit of a Bitcoin reserve in the U.S. Other states have also faced roadblocks in their efforts, with analysts projecting a decline in sentiment. Despite recent headwinds, the Federal government’s positive approach … Read more
Safeheron, a digital asset infrastructure provider based in Singapore, has introduced an open-source Trusted Execution Environment (TEE) framework. This solution could bolster security and privacy for Web3 in sectors like decentralized finance (DeFi), payment services, and decentralized autonomous organizations. The TEE framework is the first built upon the native Intel SGX SDK and developed using … Read more
Tether, the issuer of USDT stablecoins, and LINE, a popular messaging app known for its all-in-one functionality, have entered into a strategic partnership plan to expand Tether’s presence in the Asian market. The alliance, announced on 7 May 2025, will enable LINE users to send and receive USDT within the app. USDT will now be … Read more
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more
Key takeaways: XRP price is up 2% on May 7, buoyed by US-China trade talk optimism, with key support at $2.08 critical for sustained recovery. Whale accumulation signals XRP price strength. XRP price must hold above $1.83–$2.00 support to continue upside, analysts say. XRP (XRP) price displayed strength on May 7, rising 2% over the … Read more
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of … Read more
The Euro (EUR) is quietly consolidating within a tight range in the mid/upper1.13s, Scotiabank’s Chief FX Strategist Shaun Osborne notes. ECB maintains dovish tone “Data releases have been limited to euro area retail sales, in line with expectations of a 0.1% contraction for the month of March. German factory orders were stronger than expected and … Read more
Since Michael Saylor and his team at Strategy (formally MicroStrategy) first invested in Bitcoin, the company has significantly outperformed Bitcoin itself. With the right data points and strategies, investors can further enhance their returns. In this article, we’ll explore how to leverage various metrics to improve your MSTR investing. Key Takeaways MSTR has outperformed Bitcoin … Read more
Crypto markets took a hit after the India and Pakistan war kicked off, with India launching precision strikes in Kashmir on Tuesday, reigniting tensions between the two nuclear-armed neighbors. The geopolitical flare-up sent a jolt through digital assets, with Bitcoin, Ethereum, and Solana all dropping as investors moved to de-risk. Maybe we’ll see China and … Read more
Key Notes An Ethereum ICO whale sold 18,700 ETH worth $34 million. All transactions were made through the Kraken exchange. The sell-off aligns with the upcoming Ethereum Pectra upgrade. A long-term Ethereum-holding whale recently sold 18,700 ETH, valued at approximately $34.11 million. The whale is believed to have acquired Ethereum’s native token, Ether (ETH), during … Read more