Category Archive: Cryptocurrency, No picture
Trump meets with Crypto.com CEO to discuss Bitcoin reserve and crypto appointments
Key Takeaways Kris Marszalek of Crypto.com met with Donald Trump to discuss potential crypto appointments and Bitcoin reserve matters. Trump’s administration has appointed several crypto advocates to key financial positions. Share this article President-elect Donald Trump met with Crypto.com CEO Kris Marszalek at his Mar-a-Lago estate in Florida on Monday to discuss appointments related to […]
Tether invests in StablR to boost stablecoin adoption in Europe
Key Takeaways Tether invests in StablR to enhance the adoption of stablecoins in Europe. StablR utilizes Tether’s Hadron platform for asset tokenization and regulatory compliance. Share this article Tether has invested in StablR, a European stablecoin provider, to accelerate stablecoin adoption across Europe, according to a Dec. 17 statement.The investment comes as the deadline for […]
Pudgy Penguins’ PENGU token launches tomorrow with Binance listing and airdrop
Key Takeaways Pudgy Penguins launches the PENGU token, with Binance announcing spot trading and an airdrop. Pengu token’s total supply is set at 88.88 billion, with significant allocations to the community, NFT collections, and the Pudgy Penguins team. Share this article Pudgy Penguins, the second-largest NFT collection by market cap, announced that they will launch […]
Ripple’s RLUSD stablecoin set to launch Tuesday as XRP token jumps 8%
Key Takeaways Ripple announces RLUSD stablecoin launch for December 17, 2024. XRP token surges 8% on RLUSD news, reaching $2.56 with a $146 billion market cap. Share this article Ripple has officially announced that its USD-backed stablecoin, Ripple USD (RLUSD), will launch on Tuesday, December 17, 2024.Initially, the stablecoin will be available on exchanges including […]
Ethena Labs debuts USDtb backed by BlackRock’s BUIDL
Key Takeaways Ethena Labs launches USDtb, a stablecoin backed by BlackRock’s BUIDL, maintaining 90% reserves in BUIDL. USDtb operates independently from USDe and is available on Ethereum mainnet, Base, Solana, and Arbitrum through LayerZero integration. Share this article Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). […]
SoftBank CEO to unveil $100 billion investment in US AI sector during Trump meeting today
Key Takeaways SoftBank Group’s founder is set to announce $100 billion investment in AI during a visit with Trump. The initiative focuses on semiconductor manufacturing and AI development projects. Share this article SoftBank Group Corp. CEO Masayoshi Son plans to announce a $100 billion investment in US artificial intelligence infrastructure during a meeting with President-elect […]
Ripple CTO advises against FOMO amid expected price spikes for RLUSD at launch
Key Takeaways Ripple CTO cautions against FOMO during RLUSD stablecoin launch price spikes. RLUSD is pegged to the US dollar and competes with USDT and USDC. Share this article As Ripple’s RLUSD stablecoin launches, there could be early supply shortages that might lead to temporary price surges, with some buyers potentially willing to pay over […]
Rapper Drake’s X account hacked to promote meme coin
Key Takeaways Drake’s X account was hacked to promote a fraudulent meme coin called Anita. The compromised account claimed a partnership with the gambling platform Stake, but the claims were fake and removed. Share this article Rap star Drake’s official X account was compromised today, with the hacker using it to promote a fraudulent meme […]
Senators to vote on SEC Commissioner Crenshaw’s renomination next Wednesday after postponement
Key Takeaways The Senate Banking Committee will hold a markup vote on SEC’s Crenshaw next week. Crenshaw’s opposition to the approval of spot Bitcoin ETFs serves as a clear example of her anti-crypto stance. Share this article The Senate Banking Committee’s vote on the reappointment of SEC Commissioner Caroline Crenshaw has been rescheduled for next […]
Nasdaq announces MicroStrategy’s inclusion in Nasdaq-100, what’s next?
Key Takeaways MicroStrategy, Palantir Technologies, and Axon Enterprise will join the Nasdaq-100 on December 23. MicroStrategy’s inclusion is expected to attract significant buying activity from ETFs tracking the Nasdaq-100. Share this article The Nasdaq-100 Index will welcome MicroStrategy, Palantir Technologies, and Axon Enterprise as new members before market open on December 23, as announced by […]
