David Bailey, one of former President Trump’s cryptocurrency aides and CEO of BTC Inc., predicted that we are just months away from a significant bitcoin adoption movement by one or a few nation-states. Bailey believes that the next step is to establish bitcoin reserves. Trump’s Cryptocurrency Aide David Bailey Predicts Nation-State Bitcoin Adoption Explosion David […] Source
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The 2024 US election campaigns have been a masterclass in how to compel a large group of people to elect their country’s leaders. In a short time, we’ve seen sentiments shift after each candidate began their campaign trails and made promises to voters surrounding issues such as immigration, cost of living, and reproductive rights. From spreading memes about migrants eating cats and dogs and the humorous “coconut…
Este artículo también está disponible en español. The spot Bitcoin ETFs (exchange-traded funds) in the United States have recorded their first net outflow day in the past seven days. This negative single-day performance ended what was another impressive weekly outing for the crypto investment products. Bitcoin ETFs Shine While Ethereum ETFs Continue To Struggle After a strong performance throughout the month of October, the US-based spot Bitcoin ETFs didn’t register a perfect start to November. According to data from SoSoValue, the BTC exchange-traded funds posted a net outflow of $54.9…
From memecoins to accusations of Polymarket manipulation to Michael Saylor’s bizarre custodial comments, last week in crypto was certainly exciting. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Memecoins, Market Manipulation, and More This week I saw […] Source CryptoX Portal
Social media is buzzing with posts about Peanut, a popular pet squirrel with 500,000 Instagram followers, who was euthanized by New York state officials. In the wake of this, a wave of Peanut-themed meme coins has taken off, showing substantial gains over the weekend. Peanut the Squirrel’s Legacy Lives On in Meme Coins and Social […] Source CryptoX Portal
Este artículo también está disponible en español. World Liberty Financial, a decentralized finance (DeFi) initiative endorsed by former President Donald Trump, has disclosed that its ambitious $300 million crypto token offering is largely aimed at international investors. To date, fewer than 350 US investors have engaged with the project, raising questions about its domestic appeal amidst a landscape of regulatory scrutiny led by the US Securities and Exchange Commission (SEC). World Liberty Financial’s Offshore Focus Operating out of Wilmington, Delaware, yet managed from Puerto Rico, World Liberty recently filed a…
Este artículo también está disponible en español. Remember the viral statement of Jim Cramer over Solana and other meme coins? In 2022, CNBC anchor Jim Cramer called Solana, Litecoin, and other meme coins “idiot investments.” Related Reading In a CNBC show dated December 9th, 2022, he added that Dogecoin, Solana, and XRP are “cons” and insisted that people should put their money on stocks of the same size. During this time, Solana is trading at $11, with a market capitalization below $5 billion. Today, Solana is trading at the $168…
Este artículo también está disponible en español. A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises To $3.8 Billion One of the standout metrics from the report is the growth of Solana’s Total Value Locked (TVL) in decentralized finance (DeFi), which rose by 26%…
The DOJ has indicted a Russian cryptocurrency CEO for allegedly orchestrating a vast wash trading scheme to inflate crypto market volumes, misleading investors and exchanges globally. An Empire of Fake Trades: DOJ Reveals Conspiracy Inside Crypto Markets The U.S. Department of Justice (DOJ) announced on Thursday that Aleksei Andriunin, the founder and CEO of cryptocurrency […] Source BitcoincryptoexchangeExchanges CryptoX Portal
BRICS granted 13 nations “partner” status, signaling ambitions for wider influence as nations aim to strengthen currency networks and reduce dependence on the U.S. dollar. An Uncharted Path: BRICS Welcomes Partner Countries in Strategic Move Indian Foreign Ministry spokesperson Randhir Jaiswal has confirmed that, following the recent BRICS summit in Kazan, thirteen countries were granted […] Source CryptoX Portal