Tether boasts of its financial stability after strong profits, money moved out of banks

Stablecoin operator Tether Holdings pulled over $4.5 billion out of banks in the first quarter of 2023, causing a “substantial reduction” in counterparty risk, the company reported in a post touting i...

Frax Share Dropped -32.34% in Last Month and is Predicted to Drop to $6.26 By May 20, 2023

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Fold, Rewards Company for Bitcoin $BTC, Expands to El Salvador, Brushing Off Soaring Transaction Fees

But the flurry in on-chain activity is showing signs of slowing down as congestion in the Bitcoin mempool – a database of unconfirmed transactions – has eased from nearly 500,000 unconfirmed transacti...

Korean politician’s career hits a snag because of crypto – Cryptopolitan

In an unexpected turn of events, the political career of Kim Nam-guk, a revered figure in Korea’s Democratic Party, has taken a controversial dip. The cause? Cryptocurrency. Amid allegations of irregu...

Bankrupt BlockFi to Dissolve Cryptocurrency Lending Platform

Alex Dovbnya BlockFi, once a thriving cryptocurrency lending platform, has now announced plans for liquidation amid bankruptcy proceedings BlockFi, a bankrupt cryptocurrency lender, has announced plan...

Paul Tudor Jones Says Federal Reserve Is Finished Raising Rates, Predicts Stock Market Ends 2023 Higher

Legendary investor Paul Tudor Jones predicts that the Federal Reserve will not raise interest rates any further this year, putting markets higher by the end of this year. In a new interview with CNBC,...

End of Ethereum? Here’s What Finality Issue Is About

The recent events that unfolded on the 11th and 12th of May sent shockwaves through the Ethereum network, raising concerns about the future of this popular cryptocurrency. A sudden disruption occurred...

Walgreens Committed To Clinical Trials Business Despite CVS Health’s Exit

Walgreens said the drugstore chain remains committed to conducting clinical trials despite rival CVS … [+] Health’s decision to wind down its clinical trials by the end of next year, the compani...

CZ Now Unfollows Musk’s Twitter Raises Concern About $500 Million Investment

Key Points: Elon Musk has been unfollowed on Twitter by Binance CEO Changpeng Zhao (CZ). Musk’s love of memes and proclivity to tweet about them has become a well-known feature of his social media pre...

Magellan Midstream stock opened 15% up today: explained here

Shares of Magellan Midstream Partners LP (NYSE: MMP) opened 15% up on Monday after Oneok Inc (NYSE: OKE) said it will buy the petroleum products distributor for $18.8 billion. What’s in it for Magella...

Tesla Contributed 25% of Total Auto Production in Shanghai Last Year

Local media outlets say that Tesla’s 2022 auto production made up 25% of total automotive production in Shanghai. According to Chinese local media reports, Tesla Inc (NASDAQ: TSLA) cars accounted for ...

Microsoft advocates for the development of a financial blockchain – Cryptopolitan

Financial industry giant Microsoft is leading firms like Deloitte, and S&P Global to support the launch of the Canton Network, a blockchain platform aimed at revolutionizing financial markets thro...

The Top 10 Crypto Categories That Investors Should Know Of

Coin Bureau shared their top crypto category picks in a YouTube video yesterday. In the video, Coin Bureau stated that Solana killers SUI, APT and NEAR are projects with massive potential for gains. M...

Monero price prediction:China’s CBDC launch Might Push XMR Price

XMR price is currently stuck in a narrow consolidation zone ranging between $151 and $164. The price has been moving up and down over the EMAs. Uptrend for XMR began at the starting of 2023. Buyers pu...

Authorities raid Upbit and Bithumb in connection with South Korean crypto scandal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prosecutors conducted a raid on two prominent South Korean cryptocurrency exchanges, Upbit and Bithumb, as part of an o...

Trump Blasts Fox News Over Tucker Carlson Ouster—Claims Network Is ‘Desperately Pushing’ DeSantis

Topline Former President Donald Trump blasted Fox News—the right-wing network he once lauded—in a series of scathing posts Monday morning, attacking the network for letting go of host Tucker Carlson a...

BlockFi to Liquidate Crypto Lending Platform, Over $1B on the Line in Litigation

BlockFi will liquidate its crypto lending platform in an effort to pay back creditors, according to a New Jersey bankruptcy court document filed Friday. BlockFi was granted more time to formulate thei...

Is Wall Street ready to face a U.S. debt default? – Cryptopolitan

In the face of intense negotiations over the United States’ looming $31.4 trillion debt ceiling, Wall Street has been gripped by a sobering reality check. Conversations are shifting from theoretical c...

Pro-XRP Lawyer Reacts as Fox Journalist Reveals US Democrat Plan for a Massive Crypto Crackdown

Attorney Deaton commended Terret for releasing the memo. Attorney John E. Deaton, the founder of CryptoLaw and pro-XRP lawyer, has applauded Fox Business journalist Eleanor Terret for releasing a docu...

Biden Wants A Default—Not A Deal—On Debt Ceiling

Topline House Speaker Kevin McCarthy (R-Calif.) gave a pessimistic outlook Monday about the ongoing debt ceiling talks, a day after the Biden Administration suggested the negotiations had made some pr...

Could it Impact Bitcoin’s Long-Term Prospects?

40 mins ago | 2 mins read News Pepe Coin’s drop in price could be a negative sign for Bitcoin. PEPE is down by 61% since its meteoric rise. Both BTC and ETH have lost over 9% and 13% respectively over...

LTC surges above $88.00 after a bullish move – Cryptopolitan

The Litecoin price analysis reveals that the market has been following a bullish trend for the past few hours as the bulls have been securing wins consecutively. The LTCUSD pair has now surged above t...

US debt default could make Bitcoin a top 3 asset: Survey

Bitcoin (BTC) could become the third most sought-after asset in the world if the U.S. were to default on its debt, according to Bloomberg News’ latest MLIV Pulse survey. According to the survey,...

Oman Edges Closer To Investment Grade Rating With Moody’s Upgrade

Muttrah Corniche, Muscat, Oman taken in 2015 getty Moody’s Investors Service has upgraded its credit rating on Oman from Ba3 to Ba2 and kept its positive outlook on the rating, as the Middle Eas...

Why Spider-Man Is Swinging Into Soccer Stadiums Via Fan Token Maker Socios

Fan token platform Socios, which is owned by the blockchain startup Chiliz, is branching out from its primary sports focus to incorporate entertainment IP—and use its existing connections with sports ...

Le Sserafim Join Blackpink, Twice, Aespa And Itzy With Their First Top 10 Album In America

SEOUL, SOUTH KOREA – APRIL 29: Hong Eun-Chae, Kim Chae-Won, Kazuha, Huh Yun-Jin and Sakura of girl … [+] group Le Sserafim attend the Louis Vuitton Pre-Fall 2023 Show on the Jamsugyo Bridg...

3 Cryptos That Saw Price Gains

Kava (KAVA), Rocket Pool (RPL), and Tron (TRX) have all broken out from the resistance levels that accentuated their previous corrections. Most of the crypto market has been increasing since the early...

Animoca Ventures lead hopes console makers will save web3 gaming

One of the world’s most prolific crypto gaming investors sees hope of a recovery in the sector spearheaded by mainstream gaming giants.  James Ho, head of the $100 million fund Animoca Ventures,...

Bitcoin’s Bearish Trend Continues: Bulls Await Breakthrough Above $27.2K

In a fascinating twist of fate, a seasoned crypto trader who made waves by selling Bitcoin (BTC) at an astounding $30,000 is now revealing his plan to re-enter the market.  Crypto analyst DonAlt in hi...

Xapo Bank provides cheaper crypto payments

Cryptocurrency may be experiencing some challenges right now but one company is not being deterred by all the uncertainty: Xapo Bank based in Gibraltar is forging ahead with expanding support for diff...

Why Did CZ Unfollow Elon Musk on Twitter?

Binance CEO Changpeng Zhao (CZ) recently unfollowed Tesla and SpaceX chief Elon Musk after what seemed like a long and friendly history between the two parties.  Though neither executive has left any ...

Washington determined to govern AI – What’s the plan? – Cryptopolitan

In the buzzing corridors of Washington, the debate over the regulation of artificial intelligence (AI) is beginning to crest. As AI technologies proliferate, U.S. lawmakers are wrestling with how to c...