US Securities and Exchange Commission member Hester Peirce, currently leading the agency’s crypto task force, offered a preview of what the industry could expect now that Paul Atkins has been sworn in as the regulatory body’s chairman. Speaking to Cointelegraph before the US Senate confirmed Atkins’ nomination and he took his position as SEC chair, […]
A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold increase from 2022. This surge is attributed to the accessibility of unregulated offshore platforms, with many users employing VPNs to engage in online gambling. Some […]
Bitcoin (BTC) price surged over the Easter weekend, jumping 9% and crossing the $91,000 threshold on April 22. This strong performance diverged sharply from the stock market’s lukewarm rebound and mirrored gold’s bullish behavior, which briefly touched a new all-time high of $3,500. While the BTC rally and its growing decoupling from equities are noteworthy, […]
On Tuesday, the global crypto market climbed 4.94%, buoyed by bitcoin reaching an intraday peak of $91,761. The leading digital asset has appreciated 5.1% within the past 24 hours, with the broader crypto economy expanding by $130 billion since 5 p.m. on Monday. Bitcoin Booms, Wall Street Rebounds: Dow, Nasdaq, and S&P Ride Tuesday High […]
Economist Peter Schiff has said he disagrees with U.S. President Trump’s idea that lowering interest rates would help the U.S. shift to a manufacturing-based economy. Schiff: Lowering Interest Rates Counterproductive Economist Peter Schiff has panned the idea supported by then-U.S. President Donald Trump that lowering interest rates could help America transition from an import-dependent economy […]
A lawyer representing one of the co-founders of crypto mining service Hashflare has addressed how their criminal case may move forward after the pair received “self-deport” letters from the US Department of Homeland Security (DHS). In an April 11 filing in the US District Court for the Western District of Washington, Hashflare co-founders Sergei Potapenko […]
Bitcoin (BTC) price has been in a persistent downtrend since January, but the April 22 surge past $91,000 marks its first higher high breakout of the year and the potential start of a new longer-term uptrend. Bitcoin 1-day chart. Source: Cointelegraph/TradingView The higher high pattern occurred after BTC moved above its previous lower high and […]
With a price of $2.155 to $2.163 over the last hour, a market cap of $124 billion, and a global trade volume of $2.29 billion, XRP is moving within a narrow 24-hour intraday range of $2.07 to $2.13. As momentum builds, technical indicators across multiple timeframes reveal a poised but cautious market atmosphere, hinting at […]
In a recent social media post, renowned author and statistician Nassim Taleb, known for his book “Black Swan,” declared gold as the new reserve currency, highlighting its 35% appreciation against the dollar. Taleb criticized U.S. President Donald Trump’s economic policies, suggesting they have led to a significant flight from American assets. He expressed a strong […]
Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph. Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to […]
Bitcoin ETFs extended their recovery with an impressive $381 million in inflows, marking the second straight day of net gains. Ether ETFs, however, continued to struggle with more outflows. Bitcoin ETFs Rally Led by ARKB and FBTC With Ether ETFs Still in Retreat Momentum returned to bitcoin ETFs in a big way on Monday, April […]
The top digital asset roared past $90K on Tuesday morning as both traditional and crypto markets saw positive momentum despite Trump fumbling a trade deal with Japan. BTC Rally Defies Trade War Fears, Hits $90K Milestone Markets have been going haywire lately due to unresolved tariff concerns, but stock indices, the crypto market, and bitcoin, […]
