Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. U.S. seizes $14b in Bitcoin amid rumors of a Strategic BTC Reserve, fueling altcoin supercycle speculation. Summary U.S. seizes $14b in Bitcoin from Chinese-Cambodian scam, sparking talk of a Strategic BTC Reserve. Plans for a U.S. Bitcoin reserve could trigger an altcoin boom as supply tightens and confidence grows. Digitap (TAP) stands out as a real-use altcoin, blending fiat and crypto in one omni-bank platform. A seismic shake just rattled the crypto world: the U.S. government seized more than…
HBAR price has crashed into a bear market after falling nearly 50% from its highest point in August, and its weak fundamentals and technicals point to more downside. Summary HBAR price is about to form the risky death cross pattern. Its technicals point to more downside in the near term. Hedera’s fundamentals have deteriorated, with its TVL falling. Hedera’s fundamentals are deteriorating The Hedera (HBAR) price has been in a strong downtrend in the past few weeks, mirroring the performance of Bitcoin (BTC) and other top altcoins. This crash could accelerate as its top fundamentals deteriorate. For example, despite its…
The crypto bull run may be over as Bitcoin, altcoins, and the Fear & Greed Index slip to their lowest levels in months. Summary There are signs that the crypto bull run has ended as Bitcoin crashes. The Crypto Fear and Greed Index has plunged to 26. Some key catalysts may lead to a crypto rebound in the coming weeks or months. Bitcoin (BTC) dropped below the important support level at $104,000 for the first time since June. It briefly entered a bear market after falling 20% from its all-time high. Why the crypto bull run is over for now…
Arthur Hayes’s family office is looking to raise at least $250 million for a new fund that will invest in or acquire medium-sized cryptocurrency firms. Summary Arthur Hayes’ family office eyes a new fund to buy crypto companies. Maelstrom Equity Fund I has an initial target of $250 million and $1 billion by September 2026. The fund will invest $40 million to $75 million in each deal, with a focus on cash generating companies. Maelstrom, the family office of BitMEX co-founder Arthur Hayes, is seeking $250 million for its debut private equity fund, which, as Bloomberg reported on Oct. 17,…
The crypto market crash has erased nearly $1.19 billion in liquidations as the overall market cap drops dangerously low near $3.5 trillion. Here’s why major altcoins are falling. Summary The crypto market cap has plunged by 7.3% to around $3.6 trillion, triggering a crypto market crash consisting of over $1.2 billion in liquidations within 24 hours. Altcoins continue to suffer sharp declines due to cascading liquidations, profit-taking, and macroeconomic uncertainty, with traders increasingly cautious amid delayed rate-cut expectations. On Oct. 17, the overall crypto market cap plummeted by 7.3% to around $3.6 trillion. The market is in shambles, with the…
Japan’s largest financial institutions have joined forces to launch a stablecoin pegged to the yen and US dollar, aiming to revolutionize cross-border payments and streamline financial processes. Summary Major banks in Japan have teamed up to issue a stablecoin pegged to the Yen and the US dollar. The stablecoin will be integrated with existing financial channels, making international payments faster, cheaper, and more efficient. Blockchain infrastructure Progmat will manage the stablecoin issuance, ensuring it adheres to all regulatory standards and operational compliance. Japan’s leading financial institutions, Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Being a creative in emerging tech can feel like navigating broken user experiences with a similarly broken brief: market this. When an early, fast-moving tech project comes to us “ready” for marketing, we know that the product roadmap will inevitably clash with existing tech specs, and the specs will wrestle with product-market fit. The story will tiptoe around technical accuracy. And we’re okay with it because to us, creatives solve almost everything for technical teams fighting through…
Ghana’s central bank plans to introduce crypto regulations by the end of 2025 after advancing a related bill to the parliament. Summary Bank of Ghana expects to have crypto regulations in place by the end of 2025. Governor Johnson Asiama said the central bank is forming a new department to oversee the crypto sector. During an appearance at the International Monetary Fund’s meetings in Washington on Thursday, Bank of Ghana’s governor, Johnson Asiama, said that the regulators had been working on a draft over the past four months. “That bill is on its way to parliament, hopefully before the end…
Ripple Labs is reportedly looking to raise at least $1 billion to fund an XRP accumulation strategy by establishing a digital-asset treasury. Summary Ripple is reportedly planning to raise at least $1 billion through a SPAC. The move follows Ripple’s $1 billion acquisition of GTreasury. XRP price failed to capitalize on the recent developments. Sources familiar with the development have told Bloomberg that the fundraise would be executed via a special purpose acquisition company (SPAC), where Ripple will contribute a portion of 4.74 billion XRP tokens it currently holds. For those unaware, a SPAC is a publicly traded shell company…
StableX acquires Chainlink tokens as part of its second major crypto asset purchase, following its investment in FLUID. Summary StableX announced the acquisition of Chainlink crypto due to its importance for stablecoins The acquisition is the second purchase after StableX purchased FLUID tokens StableX is executing a $100M strategy focused on acquiring tokens that power the stablecoins Stablecoins are going mainstream, as are the crypto networks that power them. On Thursday, Oct. 16, Nasdaq-traded firm StableX Technologies announced its purchase of Chainlink (LINK) tokens. The move is part of a $100 million strategy focused on crypto tokens that power the…