The record $300 billion stablecoin market capitalization may signal that more investor capital is flowing onchain, which could act as “rocket fuel” for cryptocurrency valuations, according to market analysts. The total stablecoin supply has reached a new record of over $300 billion on Friday, marking a 46.8% year-to-date growth rate that may outpace the previous…
Key takeaways: XRP (XRP) has repeatedly broken above the $3 level since its November 2024 boom, but each attempt has ended in a fakeout followed by deeper corrections. XRP/USD four-hour price chart. Source: TradingView On Saturday, its price once again slipped below its $3 support, coinciding with its 200-4H exponential moving average (EMA; green wave)….
The record $300 billion stablecoin market capitalization may signal that more investor capital is flowing onchain, which could act as “rocket fuel” for cryptocurrency valuations, according to market analysts. The total stablecoin supply has reached a new record of over $300 billion on Friday, marking a 46.8% year-to-date growth rate that may outpace the previous…
Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, said his “biggest mistake” during the $8 billion collapse was handing control of the company to new management — a decision he claims cost him a last-minute opportunity to save the firm. Bankman-Fried, once the leader of the $32 billion FTX…
US-listed spot Bitcoin exchange-traded funds (ETFs) began the historically bullish month of October with their second-best week of inflows since launch, signaling renewed investor optimism. Spot Bitcoin (BTC) ETFs recorded $3.24 billion worth of cumulative net positive inflows over the past week, nearly matching their record of $3.38 billion in the week ending Nov. 22,…
US-listed spot Bitcoin exchange-traded funds (ETFs) began the historically bullish month of October with their second-best week of inflows since launch, signaling renewed investor optimism. Spot Bitcoin (BTC) ETFs recorded $3.24 billion worth of cumulative net positive inflows over the past week, nearly matching their record of $3.38 billion in the week ending Nov. 22,…
Crypto venture capitalists are dialing back their risk appetite, avoiding the hot flavor of the month and applying a more critical lens to investments, according to Bullish Capital Management director Sylvia To. “VCs are a lot more careful now. It’s not just a narrative play. Before you could throw a check and say, Oh, there’s…
Crypto venture capitalists are dialing back their risk appetite, avoiding the hot flavor of the month and applying a more critical lens to investments, according to Bullish Capital Management director Sylvia To. “VCs are a lot more careful now. It’s not just a narrative play. Before you could throw a check and say, Oh, there’s…
A US judge has dismissed an investor lawsuit against Web3 company Yuga Labs, ruling that the case failed to show non-fungible tokens (NFTs) meet the legal definition of securities. Judge Fernando M. Olguin ruled the plaintiffs did not demonstrate how Bored Ape Yacht Club (BAYC), ApeCoin (APE) or other NFTs sold by Yuga satisfied the…
A US judge has dismissed an investor lawsuit against Web3 company Yuga Labs, ruling that the case failed to show non-fungible tokens (NFTs) meet the legal definition of securities. Judge Fernando M. Olguin ruled the plaintiffs did not demonstrate how Bored Ape Yacht Club (BAYC), ApeCoin (APE) or other NFTs sold by Yuga satisfied the…