Tag Archives: crypto news

Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings

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Following a notable debut on the Nasdaq earlier this year, Circle (CRCL), the issuer of the USDC stablecoin, has experienced a significant decline in its stock value. After hitting a peak of $298 on June 23, just 18 days post-launch, shares have now dropped by 68%, trading around $82. Circle Faces Challenges As Lockup Period… Continue reading Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings→

Crypto On Alert: Raoul Pal Hints At Macro Twist Post-US Govt Shutdown

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As the latest US government shutdown ends and markets refocus on macro plumbing, Raoul Pal has sketched out a strikingly liquidity-heavy roadmap on X – one that, in his framework, has direct implications for crypto. “So now the US Gov has reopened, what’s next?” Pal asks. He immediately points to the Treasury General Account (TGA):… Continue reading Crypto On Alert: Raoul Pal Hints At Macro Twist Post-US Govt Shutdown→

With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market

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Earlier on Friday, Bitcoin (BTC), the leading cryptocurrency in the market, retraced further toward the $94,500 mark, intensifying concerns about a potential bear market for the broader digital asset industry.  In light of this, Bitwise CEO Hunter Horsley made some thought-provoking remarks about the current market conditions, suggesting that a bear market cycle has been… Continue reading With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market→

By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors

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Canary Capital’s XRP ETF made a historic debut on Thursday, surpassing its competitors by hitting $58 million in trading volume on its first day, setting a record for the most traded ETF launch this year.  This milestone was lauded by Bloomberg expert Eric Balchunas on the social media platform X (formerly Twitter), underlining the remarkable… Continue reading By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors→

Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

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On Thursday, the Bitcoin price fell toward the $98,000 mark, with November shaping up to mirror October’s performance as the market’s leading cryptocurrency continues to hit lower lows over the past month, confirming a prevalent downtrend in the market. Bitcoin Price Uncertainty Grows Post-Government Shutdown This downturn is indicative of growing market uncertainty, particularly following… Continue reading Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead→

SEC Chair Sets Out Plans For Crypto Taxonomy To Define Digital Asset Classification

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In recent statements made by Chair Paul Atkins, the US Securities and Exchange Commission (SEC) announced a strategic plan targeted at giving much-needed clarity on the classification of crypto assets.  Howey Test And Token Taxonomy In Crypto  Atkins highlighted the forthcoming consideration of establishing a “token taxonomy” within the Commission, a structured framework rooted in… Continue reading SEC Chair Sets Out Plans For Crypto Taxonomy To Define Digital Asset Classification→

$30M Manipulation On Hyperliquid: The POPCAT Connection And What You Need To Know

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Memecoin POPCAT experienced a significant downturn on Wednesday following a major manipulation event on Hyperliquid (HYPE), one of the leading decentralized exchanges in the cryptocurrency market.  POPCAT Faces 43% Drop Following Manipulative Scheme According to a detailed analysis of the situation by DeFi researcher Hanzo on social media site X (previously Twitter), an unknown trader… Continue reading $30M Manipulation On Hyperliquid: The POPCAT Connection And What You Need To Know→

China’s Cybersecurity Agency Alleges US Government Stole $13 Billion In Bitcoin

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According to a recent report by Bloomberg, the cybersecurity arm of China has openly accused the US government of orchestrating the theft of approximately $13 billion in Bitcoin (BTC), adding tension to the ongoing cyber relations between the two nations. China Alleges State-Level Operation The incident in question revolves around the theft of 127,272 BTC… Continue reading China’s Cybersecurity Agency Alleges US Government Stole $13 Billion In Bitcoin→

Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point

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A leading market expert recently hinted at an impending bottom for Bitcoin (BTC), suggesting that within the next 328 days, the cryptocurrency could reach a price range between $38,000 and $50,000.  Bitcoin Price Bottom In October 2026 Although Bitcoin’s performance this year has lagged behind US stock markets and gold, it has still managed to… Continue reading Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point→

Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins

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Throughout the past year, Bitcoin (BTC) and Ethereum (ETH) have emerged as the primary focus for a growing trend of Digital Asset Treasuries (DATs), particularly driven by favorable pro-crypto regulations worldwide. However, recent reports from Reuters indicate that this focus is beginning to shift towards less popular altcoins.  DAT Firms Explore New Opportunities Beyond Bitcoin … Continue reading Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins→