Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual…
Crypto Investment Products See Record $2.2 Billion Inflows—Is The Bull Run Here?
The latest weekly digital asset fund flow report from CoinShares has revealed that last week, crypto asset investment products saw roughly $2.2 billion in net inflows globally, marking the largest inflow since July. This rise in inflows comes amid…
BRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion…
2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal
Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that…
Bitcoin Price Headed For $35,720? Why Muted Volume Could Trigger Major Crash
Alan Santana, a crypto analyst on TradingView, has predicted that the Bitcoin price could potentially experience a drastic decline to new lows around $35,720, driven by muted buying volume. The analyst has declared that the current state of the…
JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc…
Latam Insights Encore: Brazil Can Lead the Way to Full BRICS De-Dollarization
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the recent movements by Brazil to further push de-dollarization within BRICS and how this…
Stacks Activating Nakamoto Upgrade In 8 Days, Will STX Break $2?
Stacks Network, the Bitcoin layer-2, is one of the largest DeFi protocols on the world’s most secure platform. DeFiLlama says the platform manages over $109 million worth of assets. It continues to expand and improve as decentralized…
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency…
Mining PAC launches ad for Ted Cruz as early voting begins in Texas
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025.
Bitcoin could be on the verge of a major new bull run. According to Tuur Demeester of Adamant Research, in his publication How to Position for the Bitcoin Boom, we may be in the early stages of a new multi-year bull market that could propel bitcoin…
XRP Network Activity Surges As Price Seeks To Break $0.55 Resistance
The entire crypto market is enjoying a strong surge, yet XRP has been lagging, remaining stuck below the crucial $0.55 level since the start of October. Analysts and investors are closely watching for signs of strength and confirmation that XRP is…
Why Is Silver Soaring? A Financial Perspective Involving America’s Breaking Point
Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase in the prices of this…
Ripple Co-Founder Larsen Flooding Kamala Harris' Election Effort With XRP
Ripple co-founder and Executive Chairman Chris Larsen said he'd added another $10 million in the Ripple-tied token {{XRP}} in an effort to boost Vice President Kamala Harris as the Democrat faces off against former President Donald Trump in next…
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at…
Ethereum Price Prediction: Crypto Analyst Says Things Are ‘About To Get Interesting’
The Ethereum price started the new week by extending last week’s gains, which kicked off after it bounced off support at $2,350. This run has seen the Ethereum price now pushing towards resistance at $2,800, which the bulls look forward to…
Chainalysis hit with $650M lawsuit, Italy to hike Bitcoin tax: Law Decoded
Chainalysis faces a $650 million defamation lawsuit, the EU’s ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin.
Chainlink Partners With Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain
Automating and standardizing corporate actions data could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, the report said.
Ripple’s Chris Larsen Pledges $10M in XRP to Back Kamala Harris’s Campaign
Chris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to…
Over 700 Exahash—Bitcoin’s Hashrate Shatters All-Time Records
Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical…
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