January Could Become Bitcoin’s Second-Best Month in the Last 10 Months

As it stands, January is tied as the second-best performing month for bitcoin (BTC) in the past ten months, surpassed only by November 2024, which saw a 37% surge in price after President Trump’s victory in the U.S. election. It shares second-place with May 2024, both recording an 11% gain, according to Coinglass data. On […]

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Stablecoin Market Surges Past $200B, Signaling Potential Crypto Price Upswing

The market capitalization of stablecoins just pierced $200 billion, reaching a record height in a sign the crypto market may be poised for further growth, according to CryptoQuant. Stablecoins are digital tokens whose value is tied another asset, typically the U.S. dollar, to provide, as the name suggests, a stable price. They are used by

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VIRTUAL Surges 28% as Upbit Listing Exposes the Token to Altcoin Savvy South Koreans

VIRTUAL, the native token of the AI agent generator platform Virtuals Protocol, climbed during European trading hours after Upbit, South Korea’s leading cryptocurrency exchange, said it would list the coin. The price surged 28% to $2.61, almost testing the downtrend line that characterizes the sell-off from the Jan. 2 record high of around $5.25, data

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Elon Musk’s Dad Eyes $200M Raise From ‘MUSK IT’ Memecoin to Go ‘Beyond Rockets’

Elon Musk’s dad is promoting a memecoin that capitalizes on the family name to raise upto $200 million for various engineering projects, despite the father-son duo apparently being estranged. Errol Musk, alongside business partner Nathan Browne, will officially back the “MUSK IT” token with the ambitious goal of establishing the Musk Institute, a new for-profit

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BOJ’s Ueda Says Need to Maintain Accommodative Monetary Environment to Support Economy

Bank of Japan (BOJ) Governor Kazuo Ueda said Friday the central bank must maintain an accommodative monetary policy to support economic growth and ensure the underlying inflation gradually moves to the 2% target. Ueda told the Parliament that the recent increase in the consumer price index above the 2% target has been led by cost-push

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Sam Bankman-Fried’s Parents Seek Presidential Pardon for Their Son: Report

The parents of prisoned crypto fraudster Sam Bankman-Fried are reportedly exploring how to secure a presidential pardon from President Donald Trump for their son, according to a Bloomberg report. Joseph Bankman and Barbara Fried, both professors at Stanford Law School and part of FTX’s inner circle, are reportedly engaging with individuals connected to Trump’s inner

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Bitcoin Steady, Gold Tokens Shine as XAU Hits Record High; Inflation in Tokyo Rises

So close yet so far – that’s the story for bitcoin (BTC) this Friday morning, as its price rally has stalled just shy of record highs amidst a continued rally in gold (XAU), a traditional risk asset, and crypto tokens associated with it. BTC, the leading cryptocurrency by market value, changed hands near $104,400 at

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Grayscale Files SEC Proposal to Convert XRP Trust Into ETF

Crypto fund behemoth Grayscale Investments has filed an application with the Securities and Exchange Commission (SEC) to convert its XRP Trust into an exchange-traded fund (ETF), which will listed on the New York Stock Exchange (NYSE). The existing product operates as a Delaware statutory trust, managing over $16 million XRP as of Friday. The proposed

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SEC Approves Bitwise Spot Bitcoin and Ethereum ETF

The U.S. Securities and Exchange Commission approved another joint bitcoin and ether exchange-traded fund (ETF) Thursday, letting investors gain exposure to the two digital assets in one regulated financial product. The SEC announced it had granted accelerated approval to Bitwise’s Bitcoin and Ethereum ETF, just over a month after approving similar products filed by Hashdex

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