A German VC CEO thinks XRP could become the world’s main reserve currency, replacing the US dollar. He sees it not just as another cryptocurrency, but as the key to connecting global financial systems and making international payments super easy and cheap. This could be huge for the entire crypto world. XRP’s Growing Momentum This…
Interactive Brokers, a massive brokerage firm managing around $110 billion in assets for nearly 4 million customers, is exploring the possibility of creating its own stablecoin. This could revolutionize how its clients move money. Instant Money Transfers: The Goal The idea is simple: allow customers to fund their accounts using a stablecoin pegged to the…
Web3 is facing a serious challenge. While it promised a decentralized future, it’s lagging far behind the rapid advancements and market dominance of the AI industry. It’s time for a serious rethink. AI’s Winning Strategy The AI industry is showing Web3 how it’s done. Major AI companies like OpenAI and Google have quickly captured significant…
Institutional investors poured a record-breaking $11.2 billion into crypto products in July, according to CoinShares. This surpasses the previous high of $7.6 billion set in December 2024. A Month of Massive Inflows The surge continued a positive trend, marking the 15th consecutive week of inflows. Last week alone saw $1.9 billion flow into digital asset…
PayPal is making a big move into the crypto world with its new “Pay with Crypto” feature. This lets online businesses accept payments in over 100 different cryptocurrencies, including Bitcoin, Ethereum, and many others. Lower Fees, Wider Reach The company says this new system will slash transaction fees by up to 90% compared to credit…
A massive investigation has resulted in the arrests of eight people accused of running a sophisticated bank fraud scheme that preyed on senior citizens. The operation, dubbed “Operation Teller-to-Telegram,” uncovered a conspiracy spanning multiple states. Millions Stolen, RICO Charges Filed Florida Attorney General James Uthmeier announced that the eight individuals are facing serious charges, including…
Mara Holdings, a major player in Bitcoin mining, just raked in a whopping $950 million! This was actually an increase from their initial goal of $850 million. They sold zero-interest convertible senior notes to achieve this. What’s the Plan for All That Cash? So, what’s Mara planning to do with all that money? A big…
Bitcoin’s price has historically followed a four-year cycle, but that might be a thing of the past. The Old Cycle is Dead According to Matt Hougan, CIO of Bitwise Asset Management, the days of relying on the four-year Bitcoin cycle are over. He believes fundamental changes are reshaping the crypto market. Institutional Money and Regulation…
Bitcoin’s mining power, measured by its hashrate, is skyrocketing! The 7-day average hashrate recently hit a whopping 942 EH/s, incredibly close to the all-time high. What is Hashrate? The hashrate shows the total computing power used by Bitcoin miners. Miners compete to solve complex math problems to add new blocks to the blockchain (this is…
Last week was huge for crypto investments! A whopping $1.9 billion flowed into crypto investment products, marking the 15th week in a row of positive inflows. This shows institutions are still really interested in crypto, even with all the market ups and downs. Record-Breaking Month July is already smashing records, with over $11.2 billion in…
