Cryptocurrency - news

Russia is set to integrate its central bank digital currency (CBDC), the digital ruble, into its federal budget system starting next year, with nationwide adoption targeted by July 1, 2025, President Vladimir Putin announced at the 15th VTB Russia Calling! Investment Forum. Highlighting ongoing efforts to enhance business efficiency, Putin emphasized the development of infrastructure […]

Bitcoin price declined sharply from the $104,015 high and dipped below $95,000. BTC is now recovering losses and facing hurdles near $99,000. Bitcoin started a major decline after hitting a new all-time high at $104,015. The price is trading above $97,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain momentum if it closes above the key milestone level of $100,000. Bitcoin Price Recovers Losses Bitcoin price started another increase above the $98,500 resistance zone. BTC was able to clear the $99,500 and $100,000 resistance levels. The bulls even pumped it to a new all-time high. A high was formed at $104,015 and the price saw a major downside correction. There was a drop below the $100,000 and $95,000 levels. The price tested the $92,000 zone. A low was formed at $91,800 and the price is now recovering losses. There was a move above the [...]

Cardano, once again, has been at the forefront of innovations in the blockchain space through this latest feat. Hydra, a layer-2 scaling solution, has successfully performed 2 billion transactions in a mere four hours, surpassing Visa’s daily volume. This marks a historic day for Cardano, marking not only its technical prowess but also a strong contender in DeFi. Related Reading: Cardano Rally Heats Up: Experts See 750% Jump Ahead Cardano: Outperforming Visa And Solana Cardano now has an advantage over big competitors thanks to Hydra’s success. Visa, recognized for its efficiency, handles approximately 0.72 billion transactions per day—less than half of what Hydra accomplished in a fraction of the time. Meanwhile, Cardano’s network has been processing over 9,900 transactions per second, surpassing Solana in transaction speed and confirming its image as a highly scalable blockchain technology. JUST IN: Cardano $ADA has crossed 9,900 transactions per second surpassing Solana. [...]

President-elect Donald Trump has announced via Truth Social the appointment of entrepreneur and investor David O. Sacks as the “White House A.I. & Crypto Czar.” In this newly created role, Sacks will lead policy initiatives in artificial intelligence and cryptocurrency, areas Trump describes as “critical to the future of American competitiveness.” A prominent figure in […]

On Thursday, while bitcoin hit an all-time high in price, XRP, currently the fourth-largest cryptocurrency, faced a less fortunate day. It dropped 3.9% against the U.S. dollar. Despite the slip, XRP remains on an impressive upward trajectory, boasting a 56% gain over the past week. From $2.25 to Big Bets on Polymarket: XRP’s Tumultuous Ride […]

Recent trading activity indicates that BONK is maintaining stability at the critical $0.00004002 support level. This stabilization comes after a period of downward pressure, raising speculations of a rebound on the horizon. With bulls showing signs of resilience, the stage is set for a comeback that could redefine BONK’s near-term trajectory. Will this level be the springboard for a recovery, or is further consolidation needed before the next move? Support Holds Steady: Signs Of A Bullish Rebound As market sentiment teeters between caution and optimism, determining the meme coin’s recent hold at the $0.00004002 support level is crucial in order for investors and traders to reevaluate their positions ahead of potential volatility. Related Reading: BONK Jumps 20% As ‘Dog Season’ Starts, Analyst Says On the 4-hour chart, BONK is exhibiting a steady upward trajectory despite trading below the 100-day Simple Moving Average (SMA). After rebounding strongly from the critical $0.00004002 [...]

The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.”

Bitcoin (BTC) continues its historic climb, trading at $103,232 and boasting a market capitalization of $2.039 trillion, a milestone that cements its place as the seventh most valuable asset globally. This surge places its market cap at approximately 11.34% of gold’s $17.972 trillion valuation, highlighting its growing influence in the financial ecosystem. Bitcoin Soars to […]

Anchorage Digital, a U.S.-regulated digital asset platform, has announced support for Liquid Collective’s liquid staked ETH (LsETH), enabling institutional clients to access liquid staking opportunities with enhanced security and flexibility. Anchorage Digital Introduces Institutional Liquid Staking Institutions such as venture capital firms, wealth managers, and blockchain protocols can now stake ether (ETH) through Anchorage Digital […]

The Dogecoin (DOGE) price stands at a critical juncture as technical analysts point toward a potentially significant breakout. Renowned crypto analyst Rekt Capital has identified a pivotal pattern on the DOGE/USD daily price chart, suggesting an imminent surge. Will Dogecoin Price Confirm The Breakout Today? The daily chart of Dogecoin reveals an ascending triangle formation that has been developing over recent weeks. This pattern is typically considered a bullish continuation signal, characterized by a horizontal upper resistance line and a rising lower support line. The formation indicates accumulating buying pressure, as each price retracement becomes shallower—implying that bulls are willing to buy at higher lows. The top horizontal line of the triangle sits at approximately $0.44, a level that has been tested multiple times and serves as a significant barrier for upward movement. The ascending support trendline begins around $0.34 and rises gently, forming the triangle’s lower [...]

Executives from Bitwise, Ripple, and Coinbase voiced their support for former SEC commissioner Paul Atkins to lead the agency after Gary Gensler’s departure.

In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in a form more acceptable to the court.