Crypto

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The onslaught continues as the Bitcoin price has failed to make a meaningful bounce, and the bears have kept the price suppressed below $110,000 for the majority of the weekend. This has already triggered fear in the market, with the Fear and…

New York’s crypto hub ambitions could be set for uncertainty after New York City Mayor Eric Adams dropped out of his reelection bid on Sunday. In a video on X on Sunday, Adams cited financial struggles stemming from his dismissed federal bribery case and the withholding of public funds. “Despite all that we have achieved,…

Key Takeaways ByteDance will receive 50% of TikTok’s US profits under a Trump-approved deal. ByteDance’s ownership in TikTok US is reduced to below 20%, though it retains significant financial interest through licensing its algorithm. Share this article ByteDance, a China-based tech giant, will receive 50% of TikTok’s US profits under a deal approved by President…

On September 23, Ian Calderon joined the Gubernatorial Elections in California. He vowed to ensure that Bitcoin would be on the state’s balance sheet if he were elected. However, many in the Bitcoin community are skeptical. Summary Calderon has a multi-year track record of advocating for crypto and Bitcoin in the California legislature. Calderon is…

The optional midpoint check-in took place last week. TL;DR Pi Network’s big hackathon event, which began officially in late August, has reached its midway point, and the team has published a dedicated video to update its community about the progress. In the meantime, the project’s native token continues to be deep in the red on…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CEO Brad Garlinghouse’s comments have long emphasized that the value of XRP is rooted in its utility in the financial world rather than speculation or replacing traditional finance as a whole. One of such comments was made in an old interview…

Key Takeaways SoftBank and ARK are reportedly in discussions to participate in Tether’s upcoming $15-20 billion funding round, valuing Tether at around $500 billion. Tether is seeking new capital to expand beyond its core stablecoin business; USDT currently dominates the stablecoin market with over $170 billion in market cap. Share this article SoftBank, a Japanese…

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins recently told Fox Business that the agency will pursue crypto rulemaking and seek an innovation exemption to maintain the U.S.’s leadership in digital finance. Summary In an interview with Maria Bartiromo, Paul Atkins clarified that the SEC is preparing an innovation exemption for the end of…

Kraken has completed a $500 million funding round at a $15 billion valuation, with plans for a 2026 IPO. Kraken has completed a $500 million funding round at a $15 billion valuation, a milestone that puts the cryptocurrency exchange on course for a targeted 2026 initial public offering (IPO). The development comes as several crypto…