The crypto market is exploding! Bitcoin just smashed its previous record, hitting nearly $118,000, and Ethereum surpassed $2,850. This is fueling serious optimism, with many believing a massive bull run is just beginning. A Political Twist Adding to the excitement (and uncertainty) are rumors that Federal Reserve Chairman Jerome Powell might resign. President Trump has…
Bitcoin just hit a new high of over $118,000, and some meme coins are exploding! Let’s look at a few standouts. BONK’s Big Win Remember Pump.fun? Well, it’s losing ground to a competitor, LetsBonk.fun (created by the BONK team). LetsBonk.fun is now the bigger player. What’s driving this? The BONK team plans to use half…
Bitcoin’s price has been on a tear lately, recently hitting a new all-time high. This surge caused over $470 million in losses for traders betting against Bitcoin (shorting). One analyst believes shorting Bitcoin is now incredibly risky. Why the “Illegal” Shorting Claim? Crypto analyst CrediBULL Crypto declared on X (formerly Twitter) that shorting Bitcoin is…
A recent meeting in Shanghai hints at a possible shift in China’s strict anti-crypto policy. Let’s dive into the details. Shanghai’s Crypto Chat The Shanghai State-owned Assets Supervision and Administration Commission (SASAC) held a meeting to discuss stablecoins and digital currencies. Around 60-70 government officials attended this unusual gathering. This is significant because China banned…
Justin Sun, the founder of Tron (TRX), is making some serious waves in the world of crypto politics. He’s basically challenging Elon Musk for the title of “top crypto-backer” of Donald Trump. Sun’s Big Trump Bet Sun recently splashed out a whopping $100 million on the Official Trump ($TRUMP) meme coin. This move is seen…
Ripple recently completed a successful trial run of its stablecoin, RLUSD, in Laikipia North, Kenya. This four-month project used the stablecoin as a drought insurance program for local farmers. Protecting Pastoralists from Drought The program, a partnership with Mercy Corps Ventures and DIVA Donate, insured 517 pastoralists (70% women) against feed shortages. The system worked…
The SEC is making it clear: just because something’s on a blockchain doesn’t mean it magically avoids securities laws. Commissioner Hester Peirce, aka “Crypto Mom,” recently reiterated that tokenized assets, like shares of stock represented as tokens, are still considered securities under US law. Tokenized Securities Are Still Securities Peirce’s warning comes shortly after Robinhood…
MultiBank Group, a major player in the financial derivatives world, has announced the launch date for its MBG token. The Token Generation Event (TGE) is scheduled for July 22, 2025. What is the MBG Token? The MBG Token is generating a lot of buzz. It’s backed by MultiBank Group’s substantial assets and high daily trading…
Anthony Scaramucci, founder and CEO of SkyBridge Capital, is predicting a significant price jump for Bitcoin (BTC). He believes the cryptocurrency could reach $150,000 to $180,000 by the end of the year – a potential 65% increase from current levels. Institutional Investment Driving Bitcoin’s Rise Scaramucci attributes this potential surge to increasing institutional investment. He…
Lagrange (LA), a cryptocurrency focused on zero-knowledge proofs, took a significant hit after Binance announced it would be adding support for the coin. Binance Boost Turns Bust The world’s largest crypto exchange, Binance, recently added LA to its Simple Earn, Buy Crypto, Binance Convert, and Binance Margin services. This announcement, however, was followed by a…
