Since U.S. President-elect Donald Trump’s convincing election victory two months ago, the dollar has strengthened more than 3% against its peers, matching its trajectory after his previous win in 2016. Last time round the DXY Index, which measures the currency’s…
On Friday, Jan. 3, 2025, bitcoin’s valuation ascended decisively beyond the $98,000 mark, contributing to a 2.52% expansion in the broader cryptocurrency market over the preceding 24 hours. While bitcoin exhibited a notable advance, it was dogecoin (DOGE) and cardano…
The publicly listed Bitcoin (BTC) miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Tuesday) its strategic decision to relocate its headquarters from Vancouver, Canada to San Antonio, Texas, marking a shift in the company’s operational focus toward…
XRP has regained its position above Tether (USDT), securing the third spot in cryptocurrency market capitalization according to data from Cryptonews.com. Source: Cryptonews.com With a market cap of $141.1 billion, XRP has outpaced Tether’s $137.1 billion, reflecting its growing momentum…
Tether’s USDT, the world’s leading dollar-pegged stablecoin, has experienced the sharpest weekly decline in market value in two years, spurring market volatility concerns. USDT’s market cap slid more than 1% to $137.24 billion this week, the most significant decline since…
The digital asset XRP has reclaimed its position as the third-largest cryptocurrency by market capitalization, displacing the stablecoin tether (USDT). As of Friday, Jan. 3, 2025, XRP has climbed back to third place in valuation, trailing only bitcoin (BTC) and…
Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency faster than Bitcoin and easily accessible, with the aim to process a block in every two and a…
The Frax community has approved a proposal to use BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as collateral for its upcoming frxUSD stablecoin. The proposal, known as FIP-418, passed unanimously after six days of voting, the team said in an…
Crypto majors zoomed higher in the past 24 hours as the market entered a widely expected bullish year, with bitcoin (BTC) inching above $95,000 to shake off losses from last week. A CoinDesk analysis from Tuesday flagged unusually high trading…
Foundry USA Pool – the largest Bitcoin mining pool by hash rate – recently took action to return an 8.18 BTC transaction fee, which is roughly worth $777,000, that had been accidentally overpaid. The error occurred on December 19 during…