Crypto News Summaries
Donald Trump Jr.-backed American Bitcoin Corp. aims for a massive $2.1 billion raise after a wild Nasdaq debut. The venture, merging crypto with Trump's business empire, signals a bold move in the volatile Bitcoin market.
Ethereum's network hits a 12-month transaction peak, signaling a major market shift and growing institutional confidence. Wall Street giants like Goldman Sachs are heavily investing, solidifying Ethereum's position as a strategic asset.
Arbitrum launches a $40 million DeFi Renaissance Incentive Program (DRIP) to boost user engagement and liquidity. The initiative strategically rewards value-generating on-chain actions across its ecosystem.
Cardano was excluded from a U.S. government blockchain initiative due to Chainlink's exorbitant integration fee, deemed "absurd" by founder Charles Hoskinson. This setback poses challenges for Cardano's DeFi ambitions, hindering its ability to compete with other blockchains.
Ray Dalio warns of the U.S. dollar's decline as debt soars, urging investors to seek refuge in Bitcoin and gold. He sees limited-supply assets as crucial shields against the dollar's inevitable debasement.
Ethereum whales are flashing warning signs. Major holders are selling off ETH and betting against its price, signaling a potential downturn as traders eye key support levels.
Hyperliquid is exploding onto the DeFi scene, boasting nearly $400 billion in trading volume and 70% market share. Dubbed a "decentralized Binance" by Arthur Hayes, its innovative platform attracts both retail and institutional investors.
The Federal Reserve is diving deep into crypto! Their October conference will explore stablecoins, DeFi, and tokenization, aiming to shape the future of payments.
BNB Chain explodes past 650 million unique addresses, showcasing massive adoption and fueling Binance's bullish run. Can BNB maintain its resilience and break through resistance towards the coveted $900 mark?
Polymarket is back! The prediction market platform just secured a crucial regulatory nod from the CFTC, paving its way for a grand return to US operations after a long hiatus.
XRP could skyrocket to an astounding $2,000 by 2040, according to Changelly's bold forecast. While a more conservative outlook is predicted for 2025, long-term growth anticipates unprecedented gains.
Bitcoin and Ethereum face a liquidity crunch as capital rotates, creating market uncertainty. Analysts signal bearish trends due to inflow imbalances, hindering sustained price recovery.
