Stablecoins Are Beneficial to U.S. Economy, Tether’s Custodian Says
Stablecoins boost demand for U.S. Treasury notes, said Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald. Lutnick says China may see a potential digital dollar as a spy wallet.…
UNI Slumps 17% Following SEC Developments, BTC, ETH, DOGE, TON on the Rise (Market Watch)
Yesterday, Bitcoin‘s value took a significant hit after the US Consumer Price Index (CPI) was announced, causing its price to drop. However, within hours, Bitcoin bounced back and is now…
Bitcoin Ecosystem Tokens, RUNE, STX, and ORDI May See Gains After Halving
Bitcoin’s halving event could increase bets on related networks and ecosystem tokens, with traders expecting tokens such as STX, RUNE, and ORDI to rise.Bitcoin-based meme coins, NFTs, and Ordinals could…
This Popular AI Cryptocurrency Explodes by 15% Following Support From Binance
TL;DR The leading AI-related cryptocurrency experienced a 15% increase in value after being listed on Binance, but later adjusted to a lower price. The company alerted users to conduct thorough…
Bitcoin’s Meteoric Rise Makes Everything Else Looks Like ‘Junk,’ Trader Says
Bitcoin continues to outperform major assets, with a near 100% increase in six months, surpassing Nvidia and the S&P 500. The cryptocurrency’s RSI is 79.02, the highest since the 2021…
Shiba Inu (SHIB) Predictions, Bitcoin (BTC) Price Swings, Ripple (XRP) Developments: Bits Recap April 11
TL;DR Bitcoin (BTC) saw its price fluctuate significantly but recovered to above $70,000 despite market dips influenced by US inflation reports. Ripple (XRP) experienced a 9% weekly rise in value,…
EOS Price Analysis: Bulls Aim For Move Above $1.15
EOS price started a downside correction from the $1.1420 zone against the US Dollar. The price is now trading above $1.050 and the 55 simple moving average (4 hours). There…
Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says
Bitcoin remains above $70K as Asia begins its trading dayOne trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin’s…
MarginFi Leader Resigns on Fiery Day for Major Solana Lender
MarginFi’s longtime leader, Edgar Pavlovsky, resigned Wednesday following an internal dispute at the protocol’s builder, mrgn. The abrupt exit won’t impact MarginFi’s borrow-and-lend functions, but it did spur $100 million…
Grayscale CEO Expects GBTC Outflows to ‘Reach Equilibrium:’ Report
Michael Sonnessien, the CEO of Grayscale, anticipates that withdrawals from the Grayscale Bitcoin ETF (GBTC) will even out and balance at a certain point. Since January, when the SEC gave…