The top crypto prices today rallied after the cooking U.S. CPI data was released on Wednesday, May 15. The Bitcoin (BTC) price surged past the $65,000 mark. Moreover, the Ethereum (ETH price regained the $3,000 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also recorded significant gains. Major Crypto Prices […]
Memecoins Jump 8% as US Inflation Falls
Memecoins are surging with intra-day trading sparking a rally in several assets as the United States inflation falls. The Consumer Price Index data which saw monthly inflation figures drop to 0.3% has occasioned a boost in crypto prices. This means that core inflation is down to 2021 levels signalling potential interest rate cuts. The stock […]
Floki Price Soars 13% as Futures Trading Debuts on Kraken
Kraken, a US-based exchange, has introduced Perpetual Futures Trading for Floki (FLOKI), propelling its price upwards. This step has not only increased the trading possibilities but also given FLOKI the reputation of a mature asset in the digital currency world. Kraken Welcomes FLOKI to Futures Trading Kraken’s decision to introduce Perpetual Futures Trading for FLOKI […]
Ex-Speaker Paul Ryan Sees Stablecoin Legislation as Key to Economic Stability
Former U.S. House Speaker Paul Ryan has expressed strong support for stablecoins, suggesting that their regulation could be pivotal in addressing the nation’s economic challenges. In a recent interview with Bloomberg, Ryan highlighted the potential benefits of stablecoins for mitigating the U.S. sovereign debt crisis, currently at $34.7 trillion with over $1 trillion in annual […]
US Rep Mulls Bill To Abolish US Federal Reserve
US lawmaker Rep Thomas Massie mulls a bill to end the Federal Reserve sparking diverse reactions from the crypto community. In a recent poll on social media platform X (formerly Twitter), the lawmaker asked if he should roll out a bill to abolish the Federal Reserve. At press time, 88% of participants voted to end […]
Ripple Whales Scoop Up 110M XRP Amidst Ongoing SEC vs XRP Lawsuit
Ripple whales have collectively purchased over 110 million XRP tokens in the past two weeks, totaling approximately $55 million. This significant buying activity reflects growing confidence among large-scale investors in Ripple’s digital asset, XRP, amid the ongoing legal battle with the Securities and Exchange Commission (SEC). XRP Price Surge as Ripple Whales Accumulate Over the […]
Breaking: Millennium Management $2B Stake Crown It Largest IBIT, FBTC ETF Holder
Millennium Management has disclosed holdings that make it the largest holder of Bitcoin ETFs, notably the iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). This participation is evidenced by the recent SEC filing that shows Millennium Management’s stakes now cover almost $2 billion, which is about 3% of its fund worth $64 […]
Binance Burns Additional Terra Luna Classic (LUNC) Tokens After Monthly Burn
The world’s largest crypto exchange Binance burns additional Terra Luna Classic tokens after a monthly LUNC burn. The crypto exchange burned 1.4 billion LUNC tokens in its 21st batch of the LUNC burn mechanism recently. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed over 59 […]
Did Morgan Stanley’s $243M Bet On GBTC Fuel Bitcoin Rebound?
Morgan Stanley, the 6th largest banking firm in the United States has joined the spot Bitcoin ETF bandwagon. In its recently published Form 13F lodged with the Securities and Exchange Commission (SEC), the bank revealed that it has over $243 million in the new asset class. Morgan Stanley and Bitcoin Boost The banking giant holds […]
Key Levels to Watch if Toncoin Enters Price Discovery Mode This Week
With the Bitcoin price struggling to surpass the $65000 barrier, the altcoin market continues to face overhead supply. The Toncoin shows this lack of bullish momentum with a long-wick rejection candle at $ 7.67 resistance. The Toncoin price recently reverted from this resistance and tumbled the asset 6.6% to currently trade at $6.9, sparking a […]