DraftKings Predictable Zelle Embraces Stablecoins
DraftKings acquires Railbird, focusing on non-sports betting states to protect licenses; Canaan’s shares rise 18% amid turnaround; Zelle adopts stablecoins for cross-border payments. #Update #Crypto
Crypto News
General category for all types of news related to the cryptocurrency world.
CryptoPunk Acquired by LinkedIn’s Reid Hoffman
LinkedIn co-founder Reid Hoffman updates his profile with a CryptoPunk NFT, reflecting increased tech leader interest in blockchain culture. #Update #NFT #CryptoPunks
Crypto Deputy Hides $5M in Poltava Scandal
Poltava city council deputy is under investigation for hiding over 200 million hryvnias in cryptocurrencies, allegedly submitting false declarations for three years. Assets linked to him and his relatives were concealed via verified exchange accounts. #Breaking #Legal
Bank of England Probes AI Lending Strategies
The Bank of England is investigating data center lending amid AI market speculation, warning of potential financial instability; UK crypto groups oppose proposed stablecoin limits. #Update #Crypto $BTC
Bitcoin Tipping Launches for 51M Rumble Users
Rumble will introduce Bitcoin tipping for its 51 million users, enhancing creator monetization options and aligning with the trend of crypto-enabled tools. #Update #Crypto $BTC
Pieverse Secures $7 Million for Expansion
@Pieverse secures $7 million in funding led by Animoca Brands and UOB Ventures to enhance Web3 payment infrastructure, focusing on protocol scaling and compliance. #Update #Crypto
Gold Prices Could Double JPMorgan Predicts
JPMorgan analysts predict gold could rise 110% by 2028, potentially substituting bonds in portfolios despite recent price drop. #Update #Finance
XLM Consolidates After Breakout Volume Surge
$XLM rose 2.5% from $0.3131 to $0.3210, with a volume spike of 74.39M confirming a breakout above $0.3170; support at $0.3150 remains crucial for trend continuation. h3Update h3Crypto $XLM
Stablecoin Adoption Surges Amid Brazil Tax Limbo
Stablecoin adoption surges in Brazil as exchanges report increased use following the Financial Transaction Tax hike. Regulatory measures to address this are underway. #Update #Crypto $USDT
Bitcoin Surges 10% on Major Adoption News
The crypto market surged over $50 billion in 24 hours, with Bitcoin above $110,000. A major whale closed $227M in shorts, while Trump pardoned Binance’s CZ, boosting BNB. CPI data tomorrow is crucial. #Update #Crypto $BTC $BNB
Interpol Arrests 83 in Global Cybercrime Crackdown
Interpol, in collaboration with AFRIPOL, arrested 83 individuals across six African nations for terrorism financing and cybercrime, uncovering over $260 million in fiat and crypto-assets. #Breaking #Crypto $BTC
Stablecoins Transform into Nvidia GPU Loans
@USD.AI is launching a stablecoin protocol that converts idle liquidity into loans for NVIDIA GPUs, generating yields of 13%-17% backed by AI revenue. #Update #Crypto $USDT
Libra Probe Targets Milei Bribe Transactions
President Milei is summoned by the Argentine Congressional Commission to clarify statements on the Libra memecoin incident, identifying ‘bribe’ transactions. #Update #Crypto
Stripe Unlocks $350 Billion Market Potential
@Stripe re-enters the crypto sector, launching Tempo and acquiring Bridge and Privy, aiming for a $350 billion market per JPMorgan. Annual transactions exceed $1.4 trillion, marking profitability in 2024. #Update #Crypto $USDC