In the past 24 hours, the cryptocurrency market experienced a significant wave of liquidations, totaling more than $588 million.
XRP Rises 439% in a Month While Dogecoin, Pepe and Other Meme Coins See Sharp Declines Across Major Blockchains
XRP has seen a massive surge in value, increasing by over 439% in the past month and 86% in the last week to reach $2.70, its highest level since 2018.
Crypto Cash Fueled 53 Members of the Next U.S. Congress
The Fairshake PAC flooded money into political campaigns — in one case $40 million — and the new faces join an already hefty group of lawmaker allies.
Australia’s Economic Growth Stays Tepid in Challenge for RBA
(Bloomberg) -- Australia’s economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, highlighting the Reserve Bank’s policy challenge as inflation is still stubbornly sticky.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsGross domestic product rose 0.8% from a year earlier, the weakest reading — excluding the pandemic — since December 1991, when t
Oil rises on fears about Lebanon, further OPEC+ supply cuts
NEW YORK (Reuters) -Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week. Brent crude futures posted their biggest gains in two weeks, rising by $1.79, or 2.5%, to settle at $73.62 a barrel. Israeli forces have continued strikes against what they say are Hezbollah fighters ignoring last week's truce agreement in Lebanon.
Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network could face decades in prison after pleading guilty Tuesday to federal fraud charges, admitting that he misled customers about the business. Alexander Mashinsky, 58, of Manhattan, entered the plea in New York federal court to commodities and securities fraud. In court, he admitted that in 2021 he publicly suggested there was regulatory consent for the company's moves because he knew that customers “would find false comfort” with that.
2025 Will Be Bitcoin’s Butterfly Moment
Both Bitcoin and Ethereum have undergone serious changes in the last 18 months, with both unlocking the rejuvenating potential of Layer-2 development. The next step for Bitcoin is consolidation. Smaller L2 projects will realize that in order to succeed, they will need to merge into one another. The winning solutions will ultimately be decided by TradFi, which will integrate the best tools, remove UI complexity, and guide mass adoption.