A recent report by Bernstein suggests that if Donald Trump wins the U.S. election in November, Bitcoin (BTC) could reach new highs, potentially hitting $90,000 by the fourth quarter. In contrast, if Kamala Harris secures the presidency, Bitcoin may drop below its current floor near $50,000, possibly testing the $30,000 to $40,000 range. The analysis […]
Ripple (XRP) is poised for significant price action, with recent legal developments suggesting it could soon reach $2. As the SEC case progresses, investor confidence in XRP continues to strengthen. Meanwhile, RCO Finance (RCOF) is gaining attention as a potentially stronger investment, driven by its AI-powered trading capabilities. Here’s a closer look at both. XRP […]
The Commodity Futures Trading Commission (CFTC) is making a last-ditch effort after losing a court case to U.S. prediction market platform Kalshi. Late Friday, the agency filed an emergency motion seeking a temporary stay of the court’s decision that favored Kalshi, which would block the platform from listing election markets for at least 14 days. […]
Venture capitalists are significantly ramping up their investments in crypto-related funds this year, marking a stark contrast to the downturn experienced last year. According to a recent PitchBook report released on September 5, the median fund size has surged by 65.1%, reaching $41.3 million in 2024. Crypto-savvy investors are increasingly establishing midsized venture capital funds, […]
The Trump family’s latest business venture, initially branded as “The Defiant Ones” and now known as World Liberty Financial, is already surrounded by controversy just days after its announcement. The platform is being promoted by Trump’s eldest sons, Eric Trump and Donald Trump Jr., who serve as “ambassadors” for the initiative. However, reports reveal connections […]
VanEck has announced its decision to close and liquidate its Ethereum Strategy ETF, listed on the CBOE under the ticker symbol ‘EFUT.’ Trading for the fund will cease after the market closes on September 16, with liquidation expected to be completed around September 23. Shareholders holding EFUT shares on the liquidation date will receive a […]
The recent price volatility in the cryptocurrency market resulted in nearly $50 million worth of leveraged derivatives positions being liquidated within just one hour, according to data from CoinGlass. The broader Piinetbox 20 Index fell by 3% in the past 24 hours, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, and Cardano (ADA) […]
The move follows the CEO’s recent arrest in France for allegedly neglecting to monitor illegal content. Telegram is making a significant shift in its approach to “illegal” activities on its messaging platform, just days after CEO Pavel Durov was detained in France for purportedly failing to regulate unlawful content. On Thursday evening, the previously permissive […]
The team behind World Liberty Financial is poised to receive an astonishing 70% allocation of the project’s WLFI tokens, a figure that significantly surpasses typical distributions for projects claiming to address the inequities of the traditional finance system. According to a draft white paper obtained by Pinetbox, a staggering 70% of WLFI tokens will be […]
Crypto traders are once again engaging with the serious realm of presidential politics through the lens of meme coins, with one particular coin for Vice President Kamala Harris seeing a notable surge. The coin, named KAMA, skyrocketed to an all-time high of 2.4 cents shortly after President Joe Biden announced he would not seek re-election. […]