Figment, a major player in blockchain staking services, is actively looking to buy companies in a spree of crypto industry consolidation sparked by renewed optimism over U.S. regulatory clarity. The Toronto-based firm is targeting acquisitions between $100 million and $200 million, with a strong regional presence or within blockchain ecosystems, such as Cosmos and Solana, … Read more
The recent bitcoin (BTC) price rally above $90,000 might have some holders eyeing a run to a new record topping the $109,000 hit in January. However, the path higher may not be so straightforward. The latest analysis by Glassnode shows potential for increased selling pressure from some groups of market participants at around $99,900. For … Read more
VIRTUAL, the native cryptocurrency of the Base-based Virtuals Protocol for creating and owning AI agents, has outperformed all major cryptocurrencies, including bitcoin (BTC), over the past four weeks. This rally is characterized by increased participation from the “smart money” wallets, according to on-chain data tracked by Nansen. VIRTUAL has rallied 207% to $1.66 in 30 … Read more
Cardano’s ADA and XRP led losses among majors on Tuesday as traders await the outcome of the upcoming Federal Reserve (FOMC) meeting, where rates are expected to stay unchanged but Fed chair Jerome Powell’s comments could provide cues on further market positioning. Bitcoin (BTC) prices held above $94,000 after briefly dipping below that level on … Read more
The debate over Bitcoin’s OP_RETURN heats up, as developers of Bitcoin Core – the most popular node software – said they plan to scrap OP_RETURN entirely in the next release. The OP_RETURN limit is an 80-byte cap on the amount of arbitrary data that can be embedded in a Bitcoin transaction using a special, unspendable … Read more
Payments firm Ripple has pledged $25 million to support educational initiatives in the U.S., with most of the disbursement in its RLUSD stablecoin. The funds will be distributed throughout 2025. Some $15 million is dedicated to teachers through DonorsChoose, and $10 million will go to Teach For America. The donation is in partnership with The … Read more
Ripple will sunset its quarterly XRP markets reports in its current form after Q2 2025, with newer versions including deeper insights as the token grabs more demand among institutional investors. The quarterly XRP Markets provides transparency into Ripple’s XRP holdings and updates on the state of the crypto markets and the XRP ecosystem. “However, the … Read more
The U.S. Securities and Exchange Commission (SEC) has further delayed making a decision on Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF). This comes after the agency delayed several other applications for spot crypto ETFs last week, including XRP, Hedera, and Dogecoin but hadn’t done so for the Canary Litecoin ETF, sparking … Read more
Senate Democrats are balking at advancing landmark stablecoin legislation due to President Donald Trump’s increasing personal benefits from his own crypto ties. Over the weekend, Sen. Ruben Gallego, a Democrat elected to represent Arizona with $10 million in backing from crypto super PAC Fairshake, warned with eight of his colleagues that they would not vote … Read more
The cryptocurrency market continues to reflect broader economic uncertainties as Shiba Inu (SHIB) faces significant downward pressure. Recent price action shows SHIB testing critical support at $0.0000127 after experiencing a 7.4% decline from recent highs, with volume spikes coinciding with major selloffs particularly during early May, according to CoinDesk Research’s technical analysis data model. Despite … Read more
