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Coinbase stock skyrocketed nearly 15% on Tuesday after it was revealed the cryptocurrency exchange will join the prestigious S&P 500 index, replacing Discover Financial Services, which is being acquired by Capital One. The change takes effect before markets open on May 19. This historic development marks a defining moment for the crypto industry, signaling its…
Ripple and its cross-border cryptocurrency, XRP, have been making waves in recent weeks, with major developments on the legal, regulatory, and market fronts. As XRP surges past $2.50, investors are watching closely for what could be a pivotal moment in the token’s trajectory. SEC Case Nears the Finish Line After years of courtroom drama, Ripple…
After a week-long rally that saw 4 soar past the $1 mark, the token has suffered a sharp reversal, plunging more than 25% in the past 24 hours. The steep decline broke the momentum of a bullish surge that had previously fueled a 114% weekly gain and revived investor enthusiasm According to data from crypto.news,…
VeChain (VET) has recently caught the attention of the crypto world after breaking free from its prolonged downtrend, sparking curiosity about its next price target. With the platform’s bullish reversal gaining momentum, many analysts are eager to predict where VET will head next. Currently trading at around $0.03170, the key question on everyone’s mind is…
Meta’s planned entry into the stablecoin market could have far-reaching consequences, potentially redefining the stability and accessibility of cryptocurrency. This comes at a time when Tron has overtaken Ethereum in terms of USDT supply, signaling a shift in the dynamics of the stablecoin ecosystem. As Meta prepares to launch its own stablecoin later this year,…
Tether Gold (XAUT), the world’s leading gold-backed stablecoin, has officially launched on Maxbit, one of Thailand’s top cryptocurrency exchanges. This groundbreaking move marks the first time Thai investors can directly access tokenized gold, combining the timeless value of gold with the convenience of digital assets. What Is Tether Gold (XAUT)? Tether Gold (XAUT) is a…
Dogecoin (DOGE) recently surged 31% in a speculative rally that pushed its price to $0.22. While this rise initially sparked optimism among investors, analysts warn that the gains are not backed by strong fundamentals, making the rally unsustainable. At the core of this concern is Dogecoin’s Network Value to Transactions (NVT) ratio, which is significantly…
Cryptocurrencies are maturing fast, but it’s not Bitcoin or Ethereum leading the charge into the mainstream—it’s stablecoins. Often seen as the quiet sidekick in the crypto story, stablecoins like USDT and USDC are finally getting their moment. With values pegged to fiat currencies, primarily the U.S. dollar, these digital assets offer what other cryptos lack:…
Coinbase may be a crypto giant, but even giants play it safe sometimes. In a recent Q&A session with customers, Coinbase CEO Brian Armstrong revealed that the company considered following in the footsteps of MicroStrategy’s Michael Saylor by loading its balance sheet with Bitcoin — but ultimately decided the move was “too risky.” “There were…
Arbitrum (ARB) has surged by an impressive 26% in the last 24 hours, positioning itself as one of the top performers in the crypto market. The rally has reignited bullish sentiment among investors, with liquidity inflows and technical indicators suggesting the momentum may not be over just yet. Currently trading near the crucial $0.5050 resistance…