Live Crypto Market

The U.S. Senate has confirmed pro-crypto Kevin Warsh as the next Federal Reserve chair, replacing Jerome Powell. This comes just a day after they confirmed him as a member of the Board of Governors. Warsh’s confirmation also comes as the U.S. House seeks to remove the Fed’s dual mandate. Senate Confirms Kevin Warsh as NextThe post U.S. Senate Conf…

Bitcoin dropped beneath the $80,000 level on Wednesday, May 13. The dip came following stronger than expected U.S. Producer Inflation Index (PPI) data released on the same day. Bitcoin Reacts As US PPI Rises To Highest Level In Years According to data from Department of Labor, that U.S. core producer price index (PPI) rose byThe post Breaking: Bit…

The Senate Banking Republicans have secured enough votes to advance the CLARITY Act, at least along party lines. This comes as Senator John Kennedy, who previously appeared not to support the bill, has said he will vote in favor tomorrow. CLARITY Act Gains Enough Support Ahead of Tomorrow’s Markup According to Semafor’s Burgess Everett, SenatorThe…

Crypto wallet firm Ledger has put its proposed U.S. IPO plans on hold due to current market conditions. The crypto firm has notably not yet begun the process for the Ledger IPO, with a filing with the U.S. Securities and Exchange Commission (SEC) still pending. Ledger IPO Put On Hold Due To Bear Market ConditionsThe post Ledger IPO: Crypto Wallet …

Payward, the parent company behind crypto exchange Kraken, has joined forces with global asset manager Franklin Templeton. This alliance focuses on helping the firm increase the adoption of tokenized financial products in blockchain-centric markets. For this purpose, they are eyeing to launch several tokenized assets. Kraken’s Parent Company Partn…

The U.S. Senate has confirmed Kevin Warsh as a member of the Federal Reserve board, marking a key step towards his emergence as the next Fed chair. The Senate will now hold a separate vote to confirm him as Jerome Powell’s successor, a vote which could take place as soon as tomorrow. Senate Confirms KevinThe post U.S. Senate Confirms Pro-Crypto Ke…

XRP price remained under pressure on Tuesday as investors prepared for a major U.S. regulatory decision this week.  Bitcoin price dipped slightly below $81,000 after some consolidation, and Ethereum remained slightly below the $2,300 threshold. The crypto market valuation decreased by 0.65% in 24 hours to $2.69 trillion. The Middle East tensions a…

France’s Bitcoin treasury firm Capital B has concluded a private placement to raise €15.2 million ($17.8 million) to expand its bitcoin holdings, including New Zealand-based entrepreneur Adam Back and Paris-based asset manager TOBAM. Ad Ad Capital B Moves To Buy More BTC With Latest Fundraising The company said the new financing, and its current o…

SUI crypto price has been on the investors’ radar, as evidenced by the robust surge in the crypto’s price recently. Over the past week, the crypto has added nearly 40%, suggesting the soaring confidence of the investors towards the asset. Meanwhile, a flurry of factors might have helped gains in the token’s price, includingThe post Here’s Why Su…

Ripple has received another $200 million financing round led by Neuberger Berman. The funding is directed toward its prime brokerage arm, Ripple Prime. Ad Ad Ripple Prime Attracts Massive Capital From Investors With these funds, the company aims to build up its lending capacity for its prime-brokerage operations in traditional and digital asset ma…

The U.S. Securities and Exchange Commission (SEC) has again delayed the launch of the prediction market ETFs, seeking more time to review the filings. Bloomberg analyst Eric Balchunas explained why the SEC was taking additional time to review these filings and described the introduction of these funds as “groundbreaking.” Ad Ad SEC Delays Predicti…

US-Iran peace talks hit a major roadblock as President Trump calls Iran’s response to the latest peace proposal “totally unacceptable.” It sends oil prices 5% higher, increasing selling pressure on Bitcoin and gold. The US dollar index (DXY) also climbed above 98 today amid uncertainty surrounding the US-Iran ceasefire. BTC, ETH, and XRP short liq…

Veteran trader Peter Brandt spotlighted a major bottom on the SUI price weekly chart, predicting a further rally. The forecast comes as the Sui blockchain prepares to launch confidential transactions for free and private payments. Ad Ad Peter Brandt Signals Major SUI Price Rally SUI price has made a “major bottom” on the weekly chart,The post Pete…

After a short period of halting Bitcoin purchases, Michael Saylor has indicated that Strategy might be back on the Bitcoin acquisition spree. The BTC treasury firm could announce a purchase as soon as Monday, May 11, according to the previous trend. Ad Ad Michael Saylor Teases Strategy Resuming Bitcoin Buying On Sunday, May 10, MichaelThe post Mic…

STRC, Strategy’s perpetual preferred stock, returned to its $100 par value during Friday’s trading session. It allows the company to sell additional shares and possible additional funding for future Bitcoin purchases. Ad Ad How Will Strategy’s STRC Surge Impact Bitcoin Purchases? The turnaround took place after 10 trading sessions of the company’s…

Ethereum whale Garrett Jinn has once again dumped his ETH holdings, sparking discussions among market participants. Simultaneously, it appears that the institutional interest is also waning, as evidenced by the latest US Spot Ethereum ETF fund flow data. However, despite the selling pressure, ETH price has stayed in the green, suggesting that the …

BlackRock, the world’s largest asset manager, has filed with the U.S. Securities and Exchange Commission (SEC) to launch two tokenized money-market funds. The firm aims to use these funds to target investors who hold their cash in stablecoins, with the GENIUS Act providing more legitimacy to these stablecoins. Ad Ad BlackRock To Launch Two Tokeniz…

‘Big Short’ Michael Burry, who rightly predicted the housing market crash, has issued another warning about the AI market, noting that the current excitement around AI stocks resembles the late stages of the dot-com bubble. This follows his recent short bets against the Philadelphia Semiconductor Index (SOX), which includes NVIDIA, the world’s mos…

The U.S. Securities and Exchange Commission (SEC) Chair, Paul Atkins, has revealed areas that the Commission is likely to consider for new rulemaking on on-chain markets. This comes as the crypto market awaits regulatory clarity through the CLARITY Act, with a markup of the crypto bill likely next week. Ad Ad SEC Weighs New RulesThe post U.S. SEC …

Most people in crypto are still watching Tether and Circle. But Ripple has been quietly doing something neither of them has managed: building a fully regulated, institutional-grade payment stack, and launching a stablecoin that reached $1 billion in market cap faster than any regulated stablecoin before it.  This Ripple case study reveals that RLU…

Circle Internet Group (CRCL) hovered at $112 on Friday with a 1.25% decrease as investors positioned ahead of the earnings release. Traders are eyeing 20%+ gains in CRCL stock ahead of the May 11 earnings release, while the company has been garnering attention for its strong USDC adoption trends. The stablecoin is continuing to buildThe post Will …