Crypto News

Crypto

Fed's Powell Questions Bitcoin's Suitability as a Currency Amid Volatility Concerns

Federal Reserve Chair Jerome Powell criticizes Bitcoin, stating its high volatility makes it unsuitable as a currency. Powell refers to Bitcoin as a 'virtual gold' and emphasizes t...

Crypto

Ripple's RLUSD Launch Delayed: Awaiting NYDFS Approval

Ripple's RLUSD stablecoin launch is delayed due to pending approval from the New York Department of Financial Services. The stablecoin, which has been in beta-testing since August,...

Crypto

Bitcoin Surges Past $100K: Crypto Stocks Soar Amidst Milestone

Bitcoin surpassed the $100,000 mark during Thursday's premarket session, leading to a surge in shares of crypto-related companies in New York. The rise in Bitcoin's value can be at...

Crypto

MicroStrategy Shares Surge as Bitcoin Hits $100K Milestone

MicroStrategy's shares surged over 8% as Bitcoin topped $100,000. The company holds around 402,110 Bitcoins after acquiring 15,400 for $1.5 billion. Other crypto stocks also saw ga...

Crypto

XRP's Dramatic Surge: Overtakes Solana in Market Cap Amidst Whale Activity and Regulatory Optimism

Ripple's XRP has overtaken Solana in market capitalization, driven by whale activity, regulatory optimism, and the anticipation of Ripple's RLUSD stablecoin launch. XRP's market ca...

Crypto

MicroStrategy's Massive Bitcoin Purchase: 15,400 BTC for $1.5 Billion

MicroStrategy Inc. has acquired 15,400 Bitcoins for approximately $1.5 billion, increasing its total Bitcoin holdings to around 402,110. The company also sold shares for net procee...

Crypto

Bitcoin Surges Above $98K: A Closer Look at the Recent Rally

Bitcoin surged above $98,000, marking a 2.85% increase and bringing it closer to the $100,000 milestone. Ethereum also saw a 1.47% rise, trading at $3,633.659. Russian President Vl...

Crypto

XRP's Stunning 16% Surge: A Game-Changer in the Crypto World?

XRP soared 16% on Monday, becoming the third-largest cryptocurrency with a $154.8 billion market cap. This surge is driven by Ripple's RLUSD stablecoin and speculation about a favo...