Category Archive: Cryptocurrency, No picture

Fed Chair Powell calls Bitcoin a competitor to gold, not the US dollar

Fed Chair Powell calls Bitcoin a competitor to gold, not the US dollar

Key Takeaways Fed Chair Powell views Bitcoin as a competitor to gold, not the US dollar. Fed Chair Powell signals cautious approach to rate cuts as markets expect a 25 basis point reduction in December Share this article Federal Reserve Chair Jerome Powell, speaking at the New York Times DealBook Summit on Wednesday, addressed Bitcoin […]
Altcoin Google searches spike to 2021 all-time highs

Altcoin Google searches spike to 2021 all-time highs

Key Takeaways Google searches for ‘altcoins’ hit a record high of 100 on November 30, driven by overall market optimism post-election. The Altcoin Season Index has risen to 89, indicating strong market performance relative to Bitcoin. Share this article Google Trends data shows a big spike in interest in “altcoins” as of December 4, reaching […]
Coinbase adds GIGA and TURBO to listing roadmap as tokens see double-digit gains

Coinbase adds GIGA and TURBO to listing roadmap as tokens see double-digit gains

Key Takeaways Coinbase added TURBO and GIGA to its listing roadmap, causing significant price jumps. Altcoin season may diminish the impact of new token listings as market dynamics shift. Share this article Coinbase added meme tokens TURBO and GIGA to its listing roadmap, triggering substantial price movements for both assets. GIGA jumped 70% following the […]
PEPE price soars on Binance.US listing news

PEPE price soars on Binance.US listing news

Key Takeaways Binance.US is listing PEPE, adding it as the fourth meme coin on its platform. PEPE’s market cap sits at $8.8 billion and it’s the third-largest meme token by value. Share this article PEPE coin surged over 7% after Binance.US, the American subsidiary of the leading crypto exchange Binance, revealed that it will list […]
Putin says no one can ban Bitcoin and digital assets

Putin says no one can ban Bitcoin and digital assets

Key Takeaways Vladimir Putin stated that no one can successfully impose a ban on Bitcoin or digital currencies. Russia recognizes digital currencies as property in foreign trade settlements under a new legal regime. Share this article Russian President Vladimir Putin stated that new technologies like Bitcoin and digital currencies cannot be effectively banned and will […]
TRON jumps 85% to new record high, market cap tops $36 billion

TRON jumps 85% to new record high, market cap tops $36 billion

Key Takeaways TRON’s TRX token soared to an all-time high of $0.43 with a 85% single-day increase. TRX’s market value surged from $19 billion to $36.7 billion in 24 hours. Share this article Tron’s TRX token staged a sunshine comeback, exploding 85% within a day, shattering its previous high of $0.23, and soaring to a […]
Grayscale files for Solana ETF as SOL token surges 6%

Grayscale files for Solana ETF as SOL token surges 6%

Key Takeaways Grayscale Investments filed to convert its Solana Trust into an ETF on NYSE Arca. Solana’s price surged 6% following Grayscale’s ETF filing. Share this article Grayscale Investments has filed to convert its existing Solana Trust into a spot ETF on NYSE Arca, as the firm seeks to expand its $134 million Solana investment […]
Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy

Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy

Key Takeaways Alex Mashinsky will plead guilty to two counts of fraud related to the Celsius bankruptcy. Celsius Network has shifted its focus to Bitcoin mining after exiting bankruptcy protection. Share this article Alex Mashinsky, the founder and former CEO of Celsius Network, plans to plead guilty to two counts of fraud, his defense attorney […]
US lawmaker Michael Collins revealed to be trading meme coin Ski Mask Dog

US lawmaker Michael Collins revealed to be trading meme coin Ski Mask Dog

Key Takeaways US Representative Michael Collins invested $1,000 to $15,000 in the meme coin ‘Ski Mask Dog.’ Collins’ broader crypto portfolio includes investments in Aerodrome and Ether. Share this article Representative Michael Collins, a Georgia Republican, has disclosed trades in the meme coin “Ski Mask Dog,” according to financial reports filed with the House of […]
Paul Atkins faces hesitation about taking SEC chair role, reports say

Paul Atkins faces hesitation about taking SEC chair role, reports say

Key Takeaways Paul Atkins is hesitant to accept the role of SEC chair due to perceived mismanagement under Gary Gensler. Atkins is reluctant due to the workload and his current role at Patomak Global Partners. Share this article Paul Atkins, former SEC commissioner and crypto industry supporter, is reportedly hesitant to accept the role of […]