Category Archive: Cryptocurrency, No picture
Jupiter token price dips following airdrop launch
Key Takeaways Jupiter’s JUP token dropped 6% to $0.81 after the launch of its 700 million token airdrop. Users faced slow claim processes, with Jupiter urging patience and noting that users have a three-month claim window. Share this article Jupiter’s native token JUP fell 6% to $0.81 in the past 24 hours as the platform’s […]
As XRP continues its upward journey investors begin expecting more consistent price action
Share this article The cryptocurrency space has run into challenges during the second and third quarters of 2024, which dimmed the importance of some of the strides the ecosystem made during the first months of the year. While the market is clearly more robust and more resilient than it was in the past, it remains […]
Justin Sun proposes plan to drive Ethereum to $10,000
Key Takeaways Sun’s plan proposes stopping ETH sales to reduce selling pressure on the market. The plan also calls for downsizing the EF staff and increasing salaries for remaining employees. Share this article Founder of the Tron blockchain Justin Sun on Wednesday released a plan outlining how he would manage the Ethereum Foundation (EF) and […]
Trump pardons Ross Ulbricht, fulfilling campaign promise
Key Takeaways Donald Trump pardoned Ross Ulbricht, fulfilling a promise made during his re-election campaign. The pardon has garnered support from libertarians and crypto advocates who viewed Ulbricht’s life sentence as excessive. Share this article President Donald Trump has granted a presidential pardon to Ross Ulbricht, the founder of the infamous Silk Road marketplace. This […]
Bank of America CEO sees US banks “come in hard” for crypto payments if regulations are in place
Key Takeaways Bank of America is prepared to enter the crypto market upon receiving regulatory clarity. The bank’s focus would be on regulated, non-anonymous transactions. Share this article US banks are eager to adopt crypto for transactions if regulatory guidelines are set forth, said Bank of America CEO Brian Moynihan in a Tuesday interview with […]
MicroStrategy shareholders approve stock increase to fund Bitcoin buying spree
Key Takeaways MicroStrategy shareholders approved the increase in authorized shares to fund Bitcoin acquisitions. The company now holds over $48 billion in Bitcoin, representing more than 2% of the total supply, as it ramps up purchases. Share this article MicroStrategy shareholders approved an increase in authorized Class A common shares from 330 million to 10.3 […]
Trump and Doge meme coins get ETF filings as Trump begins second term in office
Key Takeaways Osprey Funds’ SEC filing includes seven spot crypto ETFs, led by Trump and Doge meme coins, alongside ETH, BTC, SOL, XRP, and BONK. The Trump token ETF filing follows the token’s recent launch and highlights the potential for pro-crypto policies under Trump’s administration. Share this article Osprey Funds, a Connecticut-based digital asset management […]
Dogecoin soars 14% as Musk’s DOGE drops official website featuring its logo
Key Takeaways Dogecoin’s value increased 14% following the launch of a government website featuring its logo. The Department of Government Efficiency aims to improve federal spending efficiency without legislative changes. Share this article Dogecoin (DOGE) surged approximately 14%, climbing from $0.34 to $0.39 minutes after the Department of Government Efficiency, led by Elon Musk, dropped […]
MicroStrategy buys 11,000 Bitcoin for $1.1 billion, boosting holdings to 461,000 BTC
Key Takeaways MicroStrategy’s Bitcoin holdings surge to 461,000 BTC, now valued at $48 billion, following a new acquisition. The firm funded its latest Bitcoin purchase through stock sales. Share this article MicroStrategy said Tuesday it had acquired 11,000 Bitcoin worth $1.1 billion between January 13 and 20, executing the purchase at an average price of […]
Elon Musk says Trump will free Ross Ulbricht
Key Takeaways Elon Musk anticipates a presidential pardon for Ross Ulbricht by Donald Trump. Trump has appointed pro-crypto officials to lead key financial regulation agencies. Share this article Elon Musk said Ross Ulbricht, the founder of the Silk Road marketplace, will receive a presidential pardon from Donald Trump. The Tesla CEO stated “Ross will be […]
