Cryptocurrency News

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S. Securities and Exchange Commission (SEC)…Read More

Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic…Read More

The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences. The Roblox Corporation recently announced a slew of updates to its gaming and development platform. Chief among the impending changes is a new policy allowing developers to sell paid games on the platform in exchange for fiat money,…Read More

In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of an economic downturn. Social Media Buzzes…Read More

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a slight bump of 2 EH/s over the previous…Read More

The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access to Sonic’s Solana Virtual Machine (SVM) technology and a potential opportunity to earn tokens. Sonic SVM Unveils Hyperfuse Nodes According to the announcement shared with…Read More

Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States. Elon Musk may be floating the idea of establishing himself as the head of a new government institution if former United States president Donald Trump claims the Oval Office again in the November 2024 election. True…Read More

An inverse-head-and-shoulder pattern is developing on the XRP weekly chart, awaiting a breakout toward $1.  XRP (XRP) has lagged behind the broader cryptocurrency market so far in 2024, posting a year-to-date decline of over 15%, while other assets together have gained around 20% during the same period. However, a mix of fractal and technical indicators…Read More

Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it. A dog-themed memecoin is surging after the enigmatic return of Keith Gill, also known as “Roaring Kitty,” the individual credited with sparking the GameStop short squeeze.After an over two-month hiatus, Gill returned…Read More

Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit. Update Sept. 7, 12.48 pm UTC: This article has been updated to include quotes from Harshit Gangwar.El Salvador is celebrating its Bitcoin anniversary, marking three years since the country adopted Bitcoin as legal tender.El Salvador became the world’s first…Read More