Tag: Cryptocurrency news
Societe Generale Launches Stablecoin on Ripple’s XRP Ledger for Increased Adoption
Societe Generale, through its crypto subsidiary SG-FORGE, has made a significant move by extending its EUR CoinVertible (EURCV) stablecoin to Ripple's XRP Ledger. This decision comes as part of SG-FORGE's strategy to expand its...
Ether Price Jumps 10% on DeFi Optimism After Trump Win
Ether's price surged by 10% in the last 24 hours, exceeding $2,800, while other cryptocurrencies saw profit-taking. This increase is attributed to optimism surrounding DeFi after Donald Trump's presidential victory. There are expectations of...
Brian Armstrong endorses Hester Peirce for SEC Chair: A Boost for Crypto Regulatory Clarity
Coinbase CEO Brian Armstrong recently expressed his strong support for the appointment of Hester Peirce as the new Securities and Exchange Commissioner (SEC) during President Donald Trump's second term. Armstrong praised Peirce's intelligence, fairness,...
Bitcoin Price Surges with BlackRock ETF Breaking Records in 2024
Bitcoin saw a significant surge on Wednesday, reaching a record high of $76,481, marking its fourth-best day of the year. This increase followed the U.S. presidential election victory of Donald Trump, who expressed support...
Solana Price Surges 17% and Surpasses BNB Chain Token Amid Renewed ETF Speculation by...
Solana's SOL token saw an impressive 17% price surge in just 24 hours, driven by the growing anticipation of a Solana ETF being approved. This optimism stems from the recent filings made by Cboe...
US Election Results: 220 Pro-Crypto Candidates Win, Elizabeth Warren Keeps Seat with $75k Bitcoin
In the ongoing US elections, there has been a notable increase in the number of pro-crypto candidates winning seats, signaling a potential shift in legislative attitudes towards digital asset regulation. According to Stand With...
Bitcoin Price Drops Lead to $230M Crypto Market Liquidations
The cryptocurrency market experienced a significant downturn recently, resulting in over $230 million in liquidations within a 24-hour period. This had a substantial impact on over 100,000 traders, with the largest single liquidation occurring...
UNI Outperforms in CoinDesk 20: Gains 6.3% as Index Climbs
UNI, the native token of the popular decentralized exchange Uniswap, has shown strong performance in the recent CoinDesk 20 index, gaining 6.3% as the overall index climbed. This positive movement reflects the growing interest...
BTC Price Impact: First Mover Americas Sees Market Dip
Bitcoin's price took a hit, dropping below $67,000 and causing a ripple effect across the cryptocurrency market. In the last 24 hours, BTC fell by 1.3% to under $66,500, leading to a 1.5% decrease...
Bitcoin hashprice hits two-month high, boosting mining profitability
Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....