Bitcoin slipped below the $88,000 level on Sunday as crypto markets weakened in thin weekend trading, extending a pullback that has weighed on the crypto market over the past week. BTC was trading around $87,800 in US afternoon hours, down about 2% over 24 hours, according to CoinDesk data. Ether fell towards $2,880, while solana, […]
BTC Below $88,000 Ahead Of Fed Week And Big Tech Earnings Read More »
Solana’s latest phase looks a lot less flashy than its memecoin-powered heights, and that may be the goal. Armani Ferrante, CEO of crypto exchange Backpack, told CoinDesk in an interview that the Solana ecosystem has spent the past year doubling down on a more sober focus: financial infrastructure. After years of experimentation where the broader
Solana’s new phase is ‘much more about finances’ says Backpack CEO Ferrante Read More »
XRP sank nearly 4% as bitcoin fell below the $88,000 mark on Sunday, ahead of a busy week with the Federal Reserve’s two-day FOMC meeting starting Wednesday and major tech players announcing earnings. News background The consolidation came as spot XRP ETFs recorded their first meaningful weekly outflows since launch, totaling around $40.6 million, signaling
Ripple-linked token falls 4%, will support at $1.88 Read More »
The Federal Reserve is set to announce its interest rate decision, and almost no one expects it to cut rates. However, traders will be paying close attention to Chairman Jerome Powell’s post-meeting press conference, which may hold the real intrigue. His take on what to expect in the coming months and on recent hot topics,
Why Jerome Powell’s press conference is the real wildcard for markets Read More »
There is a buying frenzy in the gold market that has accelerated the price of the precious metal by more than 80% over the past 12 months, making it one of the best performing assets. However, investors are unaware of a hidden threat forming beneath the surface, according to Björn Schmidtke, CEO of Tether gold
Why your gold investment might just be a worthless piece of paper Read More »
Let’s say an investor has a house in Switzerland and a beach house in Miami. They might be worth $10 million. But what they’re really looking for right now is a line of credit for some time on the slopes at St. Moritz, a trip to the Cannes Film Festival and a few upgrades to
The new secret to getting a line of credit without a bank Read More »
Investing in crypto assets like ether, the Ethereum network’s native token, once followed a simple path: traders bought coins on platforms like Coinbase or Robinhood, or held them in self-managed wallets like MetaMask and held them directly. Then came staking or pledging a certain amount of cryptocurrencies to a network to validate transactions and earn
Crypto ETFs with stakes can boost returns, but they may not be for everyone Read More »
Sui Group Holdings (SUIG), the only Nasdaq-listed company with an official relationship with the Sui Foundation, is positioning itself to become the most economically important player in the blockchain ecosystem, according to Steven Mackintosh, the company’s chief investment officer. Formerly known as Mill City Ventures, the US-based specialist finance firm rebranded as Sui Group Holdings
Sui Group (SUIG) Charts a New Course for Crypto Treasuries with Stablecoins and DeFi Read More »
If US laws finally define how federal regulators can touch digital assets, cryptocurrencies will be easier to manage, keep track of and trade in, and more investors will likely get involved, potentially increasing the value of each token. But much has to happen before that is true, and the work to get laws through Congress
The big US crypto bill is coming. Here’s what that means for everyday users Read More »
As Congress debates crypto market structure legislation, one issue has emerged as particularly contentious: whether stablecoins should be allowed to pay returns. On the one hand, you have banks fighting to protect their traditional hold over consumer deposits that underpin much of the American economy’s credit system. On the other hand, crypto industry players seek
Stablecoin dividends are not really about stablecoins Read More »
