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Author: James Wilson
XRP price could be on the cusp of a strong bullish breakout in the coming days after forming a bullish chart pattern and as whales continue accumulating. Ripple (XRP) continued to consolidate on Friday, trading at $2.216, up by 36% from its lowest level in April. A potential catalyst for XRP price is the continued accumulation by whales over the past few months. Santiment data shows that wallets holding between 1 million and 10 million coins have increased their holdings from 3.8 billion in November last year to 5.9 billion today, a gain of 2.1 billion. Similarly, the cohort holding…
Tether, the world’s largest stablecoin issuer, is planning to launch a U.S.-based dollar-pegged stablecoin as soon as this year, CEO Paolo Ardoino told CNBC. The move coincides with his increased lobbying efforts in Washington, D.C., aimed at influencing crypto regulation as pro-crypto sentiment grows under former President Donald Trump’s allies, according to CNBC reporting. Speaking at the Token2049 conference in Dubai, Ardoino emphasized that the upcoming domestic stablecoin would be separate from Tether’s (USDT) existing international products. He said the launch could happen by year-end or early 2025, depending on the outcome of pending legislation. Tether’s dance in Washington Ardoino…
The eponymous investor discussed Q1 financial results—including a review of $MSTR, $STRK and $STRF—as well as forward-looking statements no investor should miss. In an earnings call on May 1, Michael Saylor, the CEO and engineer of the wildly successful BTC (BTC) Treasury firm Strategy, stated emphatically that the firm is playing a crucial role in expanding institutional interest. On the call, Saylor began by reiterating BTC’s unique value proposition: “Bitcoin has no counterparty risk,” the investor stated, “No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos.” He added that global adoption has been moving…
StakeStone (STO) price is by over 30% in the past 24 hours, buoyed by spot listing on Binance exchange. STO began trading on Binance spot at 16:00 UTC on May 2 across multiple pairs, including USDT and BNB. According to the official announcement, eligible users who subscribed Binance Coin (BNB) to Simple Earn products—either Flexible or Locked—and On-Chain Yield between April 27 and April 29, will receive STO airdrops as part of the launch incentives. Prior to this, the token was only available on Binance’s Alpha Market, giving early access to select users. Launched in early April through a token…
Bitcoin’s dominance relative to other major cryptocurrencies continues to soar reaching a new 4-year high. Bitcoin’s (BTC) dominance has surged to 64%, a four-year high, signaling its unrivaled strength in the cryptocurrency market. This metric, which measures Bitcoin’s share of the total crypto market capitalization, reflects a growing preference for Bitcoin as a safe haven amid economic uncertainty. As BTC’s price hovers above $96,000, institutional inflows via ETFs and corporate treasury adoption, like Metaplanet’s 5,000 BTC holdings, are fueling this rally. But what does this mean for other major blockchain chains like Ethereum (ETH), Solana (SOL), and Binance Chain (BNB)?…
UK regulators plan to ban retail investors from buying crypto assets with debt, citing financial risk and volatility. The UK is introducing sweeping rules for crypto, including a ban on buying these risky assets with debt. On Friday, May 2, the UK’s Financial Conduct Authority published a new document proposing new rules for crypto assets. The ban would include purchases made with credit cards, e-money, and any other form of debt. According to the regulators, the goal is to protect consumers in the event that these volatile assets decline in value. In addition, retail investors will be barred from engaging…
Crypto exchange Kraken has uncovered an attempted infiltration by a North Korean hacker posing as a software engineering job candidate. The incident began as a routine recruitment effort but quickly raised internal concerns due to multiple behavioral and technical anomalies. First off, the individual joined the interview call under a different name from the one used on their resume. They also occasionally switched between voices, indicating they were receiving real-time coaching during the interview, according to Kraken. To top it off, the candidate accessed systems using a combination of colocated Mac desktops and VPNs, a setup typically used to mask…
Playtron announces plans to launch ‘the first stablecoin built for games’ called Game Dollar. The token will be built on Sui Network and powered by M0 and Bridge. According to an announcement by stablecoin platform M0, Game Dollar will be a stablecoin designed for facilitating commerce and rewards across the company’s main gaming operating system, GameOS, as well as other gaming ecosystems. The Game Dollar will initially be launched exclusively on the Sui Network (SUI), and will be available on the handheld gaming console SuiPlay0X1. The token will leverage Bridge’s stablecoin payment APIs to support game marketplaces, publishers, and gamers.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Codename:Pepe merges AI and meme power, positioning itself as the next big crypto moonshot amid rising DeFi momentum. The crypto world is buzzing with anticipation of the next big moonshot in 2025 — and for good reason. Several key factors are aligning to ignite a powerful market rally: the institutional interest in crypto assets continues to rise, and regulatory clarity is slowly improving in major economies. Combined with growing enthusiasm for decentralized finance (DeFi), AI integration, and memecoin culture,…
Sam Altman-backed World project has announced a collaboration with U.S. technology firm Match Group, the company behind renowned dating apps like OkCupid, Tinder, and Hinge. On May 1, Sam Altman’s iris-scanning blockchain project is teaming up with Match Group’s portfolio of dating apps to bring World’s unique identification code into the online dating world. The company’s collection of dating apps include Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish and OurTime among others. The collaboration would deploy World Chain (WLD)’s permissionless identity protocol, World ID, into Match Group dating apps to verify whether the profile owner is a real human…