Trump to Greenlight Crypto in 401(k)s

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A new executive order from President Trump is set to allow cryptocurrencies, private equity, and real estate in 401(k) retirement plans. What does this mean for BTC and your wallet? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.” – Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is the first in a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to secure the future of the Midnight network. Holders of ADA, BTC, ETH, SOL,…

Harvard Economist Admits Wrong Bitcoin $100 Prediction

Harvard economist Kenneth Rogoff, who once predicted Bitcoin would sooner crash to $100 before it hits $100,000, has admitted a lot has changed since his comments seven years ago — though he seemingly still hasn’t come around to Bitcoin.  “Almost a decade ago, I was the Harvard economist that said Bitcoin was more likely to be worth $100 than 100K. What did I miss?” he wrote on X on Wednesday, referring to a segment on CNBC’s “Squawk Box” in March 2018. Rogoff is a former chief economist of the International…

Cardano (ADA) Pulls Back, Will Bears Push It Lower Again?

Cardano price started a downside correction from the $1.020 zone. ADA is now showing some bearish signs and might decline toward $0.80. ADA price started a downside correction below the $0.920 support zone. The price is trading below $0.90 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.940 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could extend losses if it trades below the $0.80 region. Cardano Price Trims Gains After a steady increase, Cardano…

Informal Systems’ Malachite Acquired by Circle to Power New Arc Blockchain Network for Stablecoin Finance

Informal Systems has announced the acquisition of its high-performance consensus engine, Malachite, by Circle Internet Group, Inc. (NYSE: CRCL) to support the launch of Arc1, a new Layer-1 blockchain network designed specifically for stablecoin finance. The Arc network is set to debut in testnet later this year, leveraging Malachite’s Byzantine Fault Tolerant (BFT) consensus engine, […] Source CryptoX Portal

Expert Touts Chainlink Advantage Over XRP In Institutional Adoption Race

As blockchain technology continues to gain traction among institutional investors, Chainlink (LINK) is positioning itself to capitalize on this momentum, especially in light of pro-crypto regulations that are attracting significant capital inflows.  According to market expert Zach Rynes, the decentralized oracle network is better equipped than XRP to harness the forthcoming wave of institutional blockchain adoption and the tokenization of trillions in assets. Chainlink Vs XRP While some argue that Chainlink and the XRP Ledger (XRPL) do not compete directly on a product basis, Rynes suggests that this perspective overlooks…

“What They’re Not Telling You About Bitcoin’s Rise” – Jack Mallers

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XRP Price Crashes Below $3, More Pain for Bulls?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

WazirX Users Approve Another Restructuring Plan After Court Rejection

Crypto exchange WazirX users are potentially one step closer to recovering funds more than a year after a $234 million hack of the exchange — with 95% of voting creditors greenlighting a new restructuring plan that had been shot down by the Singapore High Court earlier this year. WazirX lost $234 million of crypto from a Safe Multisig wallet mid-July 2024 in an attack since attributed to North Korean hackers, forcing them to temporarily pause all crypto and Indian rupee withdrawals on the platform. On Monday, WazirX founder Nischal Shetty…

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Ethereum Price Extends Losses – Is a Bigger Correction Underway?

Ethereum price started a downside correction below the $4,350 zone. ETH is still showing some bearish signs and might decline toward the $4,020 support zone. Ethereum started a fresh decline below the $4,350 and $4,220 levels. The price is trading below $4,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,120 zone in the near term. Ethereum Price Dips…