Cryptocurrency News Archives - cryptosignals.org

December 09, 2024

XRP Resilience: Analyzing Crypto Market Dynamics

XRP, the fourth-largest cryptocurrency by market capitalization, on Thursday was erratic. XRP’s value fell 3.9% versus the US dollar to $2.25, while Bitcoin shot to an all-time high. Notwithstanding the decline, XRP has shown remarkable resilience recently, with a 56% weekly gain and an astou...

#Article #Cryptocurrency News #XRP

December 05, 2024

Phantom Wallet Adds Sui Blockchain Support

Phantom Wallet, a leading non-custodial multi-chain wallet, has integrated Sui into its supported blockchains. This strategic move enhances Sui’s accessibility to Phantom’s seven million monthly active users and positions Sui alongside Solana, Bitcoin, and Ethereum. This partnership und...

#Cryptocurrency News #DeFi #Phantom #Sui

November 11, 2024

Gautam Chhugani’s Bullish Outlook on Bitcoin Following Trump’s Election

After Bitcoin surged past $80,000 in response to Donald Trump’s election victory, Bernstein analyst Gautam Chhugani strongly recommended that investors gain exposure to the crypto market. With Bitcoin poised for further growth, a potential shift toward pro-crypto policies under Trump, and an expan...

#BITCOIN #Bull market #Cryptocurrency News

November 08, 2024

Jack Dorsey’s payment firm Block Plans Strategic Shift Towards Bitcoin Mining and Crypto Wallets

Block, Jack Dorsey’s payment firm (SQ), is refocusing its efforts on bitcoin mining equipment and its self-custody wallet, Bitkey while scaling back on other ventures. The company is ending its work on Web5, a decentralized internet project, and reducing investments in Tidal, a music streaming serv...

#Bitcoin Mining #Crypto #Cryptocurrency News

November 08, 2024

Pond Realizes Over $7 Million in Seed Funding for Artificial Intelligence and Data Solution

A crypto startup, Pond, developed in 2023 and recently raised over $7 million in a seed funding round, is pioneering AI-driven solutions for on-chain data analysis and decentralized finance (DeFi). In a round was led by Archetype and backed by Cyber Fund, Coinbase Ventures, and others. The firm aim...

#.blockchain #Artificial Intelligent #Cryptocurrency News

October 28, 2024

$228 Million Deal: FTX Agreement with Bybit Progresses Towards Customer Refund

Future exchange (FTX) has made large developments in reimbursing clients laid low with its 2022 fall apart way to a $228 million agreement settlement with cryptocurrency exchange, Bybit. The deal permits FTX to get a large part of its property, marking a vital step in its broader compensation strat...

#Bybit #Cryptocurrency News #FTX

October 26, 2024

Options for Bitcoin Will Rise Following the US Election

Traders of derivatives are braced for a spike in bitcoin following the presidential election on November 5. According to data from Deribit CEO Luke Strijers, demand for Bitcoin call options has significantly increased. Many traders anticipate that the price will rise in the days after the vote. Thi...

#BITCOIN #BTC #Cryptocurrency News

October 24, 2024

Jeremy Allaire Predicts 5-10% Future Expansion and Adoption for Stablecoins

As digital currencies become more widely used, Jeremy Allaire, CEO and co-founder of Circle, the company that created USDC and EURC, thinks the market for stablecoins might develop significantly over the next ten years, possibly reaching $5–10 trillion. In an interview with CoinDesk, Allaire projec...

#Cryptocurrency News #Stablecoins #USDC

October 21, 2024

Bitcoin Sets to Reshape Global Finance and Business Strategy

Once regarded as a fringe experiment, Bitcoin has grown to be a powerful force in the financial industry. With a $1.3 trillion market valuation and quick institutional uptake, it upends the conventional wisdom around money and investing. A new financial era is being ushered in. Nevertheless, as big...

#BITCOIN #Crypto investment #Cryptocurrency News