Crypto News, All Day, Every Day.
Key Takeaways: Durham University Research Backs XRP’s Commodity Narrative A research paper from Durham University has resurfaced in crypto discussions after labeling Ripple a “radical form of commodity money.” The renewed attention follows bipartisan efforts in the U.S. Senate to clarify the legal status of digital assets like XRP and Bitcoin. SMQKE, a blockchain researcher,…
Key Takeaways: Crypto Market Faces Renewed Pressure The crypto market is once again on edge as Bitcoin and Ethereum struggle to hold their support zones. After a surge earlier this month fueled optimism, renewed selling pressure has drained momentum, raising concerns about a deeper correction. Bitcoin’s rejection near $104,000 pushed prices back toward $102,000, signaling…
Key Takeaways: Panama Bold Move to Become Latin America’s Tech Hub Panama is positioning itself as Latin America’s premier innovation hub with the launch of a $115 million tokenized Innovation Smart District (ISD). Backed by physical assets and blockchain technology, this 13-hectare district aims to attract startups, companies, and investors seeking to develop solutions tailored…
Key Takeaways: OpenAI’s Trillion-Dollar AI Ambition OpenAI is setting the stage for one of the most ambitious technology projects in history. The company plans to spend over $1.3 trillion by 2030 to build 26 gigawatts of compute capacity, powered by chips from Nvidia, Broadcom, and AMD. CEO Sam Altman has even hinted at scaling up…
Key Takeaways Shiba Inu Poised for a Major Breakout Shiba Inu (SHIB) is once again on traders’ radar as momentum builds across the crypto market. A surge in trading volume exceeding $38 billion and emerging bullish reversal signals are fueling optimism for a potential rally. After months of sideways movement, renewed buying interest suggests SHIB…
Key Takeaways Pundit Warns XRP Investors of Liquidity Shock as Spot ETFs Advance The regulatory and market environment surrounding XRP is tightening as the Depository Trust & Clearing Corporation (DTCC) officially moved five spot XRP exchange-traded funds (ETFs) into its active queue. The development signals that the approval and launch phase for these ETFs may…
Key Takeaways Bank of England Sounds Alarm on Stablecoin Risks The Bank of England’s Deputy Governor, Sarah Breeden, has issued a stark warning that watering down UK stablecoin regulations could jeopardize the country’s financial stability and trigger credit disruptions. Her comments come as the BoE finalizes its long-awaited crypto framework—amid mounting industry pressure to ease…
Key Takeaways: Finland Cracks Down on Unreported Crypto Gains Finland’s tax authority, Verohallinto, is intensifying its oversight of cryptocurrency transactions as thousands of investors fail to disclose their crypto income. Despite a record year for tax declarations, officials estimate that over 100,000 Finns neglected to report crypto profits in 2024. This move follows growing concern…
Key Takeaways UAE Completes First Digital Dirham Transaction The United Arab Emirates (UAE) has successfully completed its first transaction using the digital dirham, marking a pivotal milestone in the country’s central bank digital currency (CBDC) pilot program. The government completed the transaction through its mBridge payment platform in under two minutes—signaling major progress toward digital…
Key Takeaways Bitcoin ETFs Bounce Back with $524 Million Inflows U.S. spot Bitcoin ETFs recorded their strongest day in over a month on Tuesday, attracting $524 million in net inflows despite Bitcoin (BTC) falling roughly 3% to around $103,000. BlackRock’s IBIT led the charge with $224.2 million, followed by Fidelity’s FBTC at $165.9 million, Ark…