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Trump Campaign Embraces Crypto: The Future of Political Fundraising?

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Former President Donald Trump, currently facing criminal charges in multiple jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations.  The campaign launched a fundraising page on May 21, allowing supporters to donate in various cryptocurrencies through Coinbase Commerce. This move comes amidst criticism of cryptocurrency by figures like Senator Elizabeth Warren, whom … Read more

Bitcoin’s Rally to $90K: Separating the Hype from the Real Market Momentum

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Bitcoin’s recent surge of 14% over the past week to $69,887 has led traders to believe it could signify a significant market pump, with expectations of another correction not emerging until it reaches $90,000. According to a pseudonymous crypto trader known as “Roman,” this surge is considered a genuine market pump, supported by both fundamentals … Read more

VanEck’s Ethereum Spot ETF Lands on DTCC, Ticker: $ETHV

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VanEck’s proposed spot Ethereum ETF, with the ticker $ETHV, has been listed on the Depository Trust and Clearing Corporation’s (DTCC) new securities list, following the release of amended 19b-4 forms by Cboe. Despite this important milestone, approval from the US Securities and Exchange Commission (SEC) is still pending and not guaranteed. VanEck’s application for a … Read more

Degen Token Soars 17% After Farcaster Secures $150 Million Funding

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The blockchain-based social platform Farcaster witnessed a surge of 17% in its community-created token, DEGEN, following confirmation of a $150 million funding round.  Led by Paradigm, with participation from other venture firms including Andreessen Horowitz and USV, the Series A round aims to support Farcaster’s long-term development.  Former Coinbase executive and Farcaster founder Dan Romero … Read more

Bitcoin Pizza Day: The 10,000 BTC Purchase That Changed Crypto Forever

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Fourteen years ago today, Laszlo Hanyecz made history by purchasing a pizza for 10,000 Bitcoin, marking the inaugural commercial transaction with the cryptocurrency. The Florida programmer, then 28 years old, placed the order on a Bitcoin Talk Forum on May 22, 2010. In his post, he expressed a desire for a hassle-free pizza delivery, likening … Read more

Hex Trust Launches New Stablecoin: A First for Flare Network

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Hex Trust Group, a prominent crypto custodian headquartered in Hong Kong, has introduced USDX, marking the inaugural native stablecoin on the layer-1 blockchain Flare. First Native Stablecoin Released by Hex Trust on Layer-1 Blockchain Flare This stablecoin can be staked on the Flare blockchain and is backed 1:1 by US dollars or comparable assets. The … Read more

Dogecoin Primed for 21% Surge: Breakout Imminent?

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The recent surge in Dogecoin’s (DOGE) price suggests a potential for gains as it indicates a recovery trend. Historically, instances of short liquidations within the past 24 hours have often been succeeded by price increases, and this pattern could repeat itself this time. Will Bears on Dogecoin Retract? As the whole cryptocurrency market surged in … Read more

Ethereum ETF Approval: This Week Could Reveal Regulators’ Concern

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The cryptocurrency industry is eagerly awaiting May 23, when the US Securities and Exchange Commission (SEC) is scheduled to announce its decision on VanEck’s spot ETH exchange-traded fund (ETF) application, followed by ARK 21Shares’ decision on May 24. Apart from VanEck, six other companies, including Ark Investment, Grayscale, Franklin Templeton, Invesco Galaxy, and BlackRock, have … Read more

DeBank Launches Credit: New Web3 User Authentication Tool

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DeBank, a cryptocurrency portfolio tracker, has launched a new authentication system called Credit, which is geared towards evaluating the legitimacy, engagement, and wealth of Web3 users across various platforms. In a recent update on X, DeBank revealed that Credit is now integrated directly into their platform. This system enables users to verify their “real user” … Read more

Fidelity Scales Back Ether ETF Ambitions, Removes Staking

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Fidelity has updated its S-1 application with the SEC for its Ether exchange-traded fund (ETF), indicating that the underlying Ether tokens will not be staked. This amendment comes amid speculation about the SEC’s stance on spot Ether ETFs, with reports suggesting a shift possibly due to external pressures.  The upcoming deadline for VanEck’s Ether ETF … Read more

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