The top crypto prices today witnessed a strong bullish run as the Bitcoin (BTC) price surged over 8% and neared $56,000 while several altcoins gained massively. In addition, Ethereum surged past $3,200, which is the biggest milestone achieved in two years. Meanwhile, other top altcoins, such as Cardano (ADA), XRP, Solana (SOL) soared in value. […]
BTC Price Shoots to $57,000 As Nine Bitcoin ETFs Set New Records
After nearly two weeks of hiatus, the world’s largest cryptocurrency Bitcoin (BTC) smashed past $57,000 earlier today in a massive breakout. As of press time, the Bitcoin price is up 9.62% trading at $56,486 with its market cap crossing $1.1 trillion for the first time since 2021. BTC Decouples from S&P 500 The massive surge […]
Bitcoin Critic Jamie Dimon on AI – “This is Not Hype. This is Real”
Jamie Dimon, the iconic JPMorgan CEO and Bitcoin critic has shared his take on the burgeoning Artificial Intelligence (AI) industry. Speaking in an interview with CNBC, the banking veteran opined that the hype surrounding the AI ecosystem is well deserved considering the level of embrace of the new technology. Jamie Dimon Sees AI Growth Many […]
BlackRock’s IBIT Hits $1B Daily Trading Milestone on Bitcoin Rally
Amidst the growing Bitcoin price, BlackRock’s IBIT has crossed the $1 billion daily trading volume milestone on February 26. The update came from an X post by Senior Bloomberg ETF analyst Eric Balchunas. BlackRock’s IBIT Defies Market Flaws While the trading volume does not equate to the amount of retained flows in the spot Bitcoin […]
Yuga Labs to Support Only Royalty-Respecting NFT Platforms
Yuga Labs, the creator of the beloved Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections, has announced a significant change in partnership preferences with NFT marketplaces. The company has adopted an open stance, partnering solely with platforms that respect the creator’s right to payment of royalties. This action highlights the increasing worry […]
Atlanta Federal Reserve Raises Caution For Banks on Crypto Risks
The Federal Reserve Bank of Atlanta released a statement on Monday, warning other banks about the risks of blockchain and crypto. The statement comes at a time when the alleged use of crypto in illicit activities has taken a resurgence. The Atlanta Fed’s cautious stance also advised banks to follow the Federal Reserve’s complete guidance […]
Crypto Markets in Asia to be on Sidelines as Bond Yields Rise in the Region
Bond yields in most Asian countries have seen a steady increase recently. A rise in government-related bonds can act as a hook for many investors to stick to non-risky assets and keep their investments safe from volatility. However, the rising yields could also keep crypto markets pressured by denting the risk appetite of market participants […]
XRP Vs. SEC: Ripple Faces New Class Action for Unregistered XRP Offerings
Ripple Labs Inc., its CEO, Bradley Garlinghouse, and subsidiary XRP II, LLC, find themselves at the center of a class action lawsuit. Filed in the Northern District of California, the lawsuit accuses the San Francisco-based fintech company of violating federal and California securities laws by offering and selling the digital asset XRP without the necessary […]
Key Reasons Why Theta Price May Prolong Recovery By 40%
Theta Price: The crypto market witnessed a renewed recovery force as the Bitcoin price rebounded from the $50600 support last weekend. The positive turnaround propelled several altcoins back to recovery sentiment including Theta. The coin price surged from $1.17 to $1.66 within three days to register 42% growth, the recent price breached the resistance trendline […]
Texas Court to Review Crypto Mining Survey Injunction Request
A Texas court is scheduled to hear a motion for a preliminary injunction against the Department of Energy’s study into crypto mining. This legal development comes after a temporary restraining order granted by Judge Alan Albright of the U.S. District Court for the Western District of Texas. NEW: A Texas district court is scheduled to […]