Tag: USA
Solana Memecoin ACT Soars 1,720% on Binance Listing amid Altcoin Market Surge
A Solana-based memecoin called "Act I : The AI Prophecy" (ACT) has skyrocketed by more than 1,720% after being listed on Binance and Crypto.com. The token, which was initially issued on Oct. 19, had...
Ripple’s RLUSD Stablecoin Set to Launch on Dec. 4 with NYDFS Approval
Ripple, a cryptocurrency company, is getting ready to launch its new stablecoin called RLUSD on December 4th, after receiving approval from the New York Department of Financial Services (NYDFS). This stablecoin is pegged to...
Retail’s Losses Exposed in MicroStrategy Trade Scandal.
MicroStrategy, a Bitcoin development company, has seen a significant drop in its stock price, down almost 40% from its all-time high of $540 a share. This decline comes after a short report from Citron...
Ethereum Outperforms Bitcoin as Price Recoils: ETH vs BTC Analysis
Ether has been gaining momentum in the cryptocurrency market as bitcoin's rally has hit a roadblock, allowing ETH to outperform BTC. In the past 24 hours, Ethereum has surged by over 4%, while bitcoin...
Bitcoin Price Surges to Record $93,750 as ETF Options Launch
Bitcoin reached an all-time high today, surpassing $93,750. This surge in price comes as spot bitcoin ETF options are now available on Nasdaq, meeting strong demand from traders. The launch of options trading on...
Solana Price Forecast: Potential to Surpass Tether USDT Market Cap at $270
Solana has been making waves in the cryptocurrency market, with its price surging and potentially surpassing Tether's USDT market cap at $270. This surge in Solana's price has caught the attention of many investors...
ADA Surges 18.4% in CoinDesk 20 Performance Update: Leading Index Higher
ADA, one of the cryptocurrencies featured in the CoinDesk 20, has experienced a significant surge of 18.4% in its performance update, leading the index higher. This surge has caught the attention of investors and...
LTC Leads CoinDesk 20 Index with 8.5% Gain: Performance Update
CoinDesk, a reputable media outlet that focuses on cryptocurrency news, has recently reported that LTC (Litecoin) has shown an impressive 8.5% gain, leading the CoinDesk 20 Index. This significant increase in LTC's performance has...
Exploring AI’s Potential in Response to Bitcoin Mining Slowdown
Galaxy Digital, a prominent Bitcoin mining firm, is exploring the potential of artificial intelligence (AI) to counteract losses in mining revenue and maximize future opportunities. The company recently announced a preliminary agreement with a...
Risks of MicroStrategy’s $42B Bitcoin Acquisition Plan: CoinShares Analysis
MicroStrategy's recent announcement of their plan to acquire $42 billion more worth of bitcoin has garnered attention, but according to a report by CoinShares, there are risks associated with this ambitious strategy. The company's...
