The price of bitcoin (BTC) has entered a bearish phase, stemming from the asset’s constant decline and range-bound movement. As a result, the largest cryptocurrency has decoupled from gold. According to CryptoQuant analysts, bitcoin’s price has been declining while the yellow metal has rallied to new record highs, causing their…
Think stablecoins are just a vehicle for anonymous crypto trading? A new survey from Castle Island Ventures would suggest otherwise. In a report sponsored by Visa, the firm showed that crypto users in five developing countries – Nigeria, India, Indonesia, Turkey, and Brazil – are turning to stables largely as…
Additionally, a notable debate among presidential candidates on crypto policies and updates from the gaming platform Snek.fun offer a broader perspective on the current market climate. Binance Launchpool Welcomes HMSTR and CATI Binance’s Launchpool platform welcomed Hamster Kombat (HMSTR) and Catizen (CATI), marking significant additions that offer users new staking…
Business intelligence firm and corporate bitcoin holder MicroStrategy acquired an additional 18,300 for approximately $1.11 billion at an average price of $60,408 per bitcoin between Aug. 6 and Sept. 12, according to an SEC filing on Friday. The company now holds 244,800 BTC, worth roughly $14 billion. MicroStrategy’s total holdings…
Venture firm ParaFi Capital is tokenizing part of its more than $1 billion of assets under management on the Avalanche blockchain in collaboration with the real-world asset tokenization platform Securitize. ParaFi is a prominent investor in the crypto industry that recently raised $120 million to buy stakes in other digital…
After six months of sideways chop, multiple on-chain indicators say Bitcoin may finally be prepared for an epic price breakout, analysts say. These predictions would line up with separate forecasts of an upcoming bull market based on seasonal factors, with Bitcoin soon to transition from one of its worst-to-best months…
Stablecoins have transformed financial access in emerging markets, becoming essential tools for millions seeking stability in volatile economies, according to a recent research report. The report, Stablecoins: The Emerging Market Story, was sponsored by Visa and developed in collaboration with Allium Labs and Castle Island Ventures. It revealed that stablecoins…
The European Central Bank (ECB) dropped the interest rate for its deposit lending facility by another 25 basis points on Thursday, reaffirming its newly dovish monetary policy stance—and Bitcoin and major stock market indices are slightly up following the news. The central bank expects core inflation to rapidly decline over…
NEAR Protocol (NEAR) is also not left out, as its price climbed nearly 6%. Will this development bring about a consistent upward trend? FET Breaks $1.40 Barrier According to Bloomberg, OpenAI is raising $6.5 billion from investors to cement its place as one of the most valuable startups globally. The…
In a recent exclusive interview with BeInCrypto, Ross Edwards, Senior Director for Solutions and Delivery at Ripple, offers insights into why the XRPL is uniquely positioned to bridge traditional finance with DeFi. Instant Settlement, Stability, and Lower Risk: Why XRPL is Suitable for Financial Institutions When discussing the XRPL’s role…