XRP, the native token of the XRP Ledger network closely related to Ripple, surged to a six-year high on Wednesday as bitcoin (BTC) rallied to $100,000, with traders encouraged by this morning’s highly-anticipated U.S. CPI inflation data report. The token briefly topped $3 during early U.S. trading session for the first time since early 2018 … Read more
With only a handful of days remaining until the second inauguration of U.S. President-elect Donald Trump, crypto policy groups are readying to kick things into higher gear. Blockchain associations from eight U.S. states announced on Tuesday the creation of the North American Blockchain Association (NABA), an organization aiming to provide cohesive crypto policy recommendations to … Read more
U.S. prosecutors have asked a federal judge to green-light the return of nearly 80% of the 119,754 bitcoins stolen in the 2016 hack of crypto exchange Bitfinex. In a Tuesday court filing, prosecutors said the 94,643 bitcoins recovered by the government from the original wallet used by the hacker, Ilya Lichtenstein, can be paid to … Read more
Decentralization is the foundation of blockchain technology, promising a more resilient and censorship-resistant alternative to centralized systems. But are the industry’s leading protocols as decentralized as they claim to be? Decentralization can be measured across multiple dimensions. At first glance, the number of entities participating in the validation or block-mining process of a network is … Read more
The U.K. government has appointed Emma Reynolds as the new Economic Secretary in charge of overseeing digital assets and central bank digital currencies — alongside the broader financial sector. The appointment was announced on Tuesday following the resignation of Tulip Siddiq, who set out the government’s crypto agenda weeks ago. It is not yet clear … Read more
The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Since MicroStrategy (MSTR) became a bitcoin treasury company in August 2020, it has used three primary instruments to acquire bitcoin (BTC): cash on hand, at-the-market (ATM) offerings and convertible bond offerings. MicroStrategy’s next method of raising capital is to buy bitcoin through perpetual preferred … Read more
Last June, a sailing buddy (and aerospace engineer) asked if I could check out a family friend’s “bitcoin.” He forwarded me an image of a plastic bitcoin wallet held with a private key partially obscured. The family friend had received the card as some sort of “gimmick at a conference” and tossed it in a … Read more
On Jan. 20, 2025, the United States will start a new chapter in more ways than one. While the nation will be focused on President Trump’s inauguration as our 47th President, the U.S. financial sector will be celebrating the resignation of Joe Biden’s Securities and Exchange Commission Chair, Gary Gensler. As a member of the … Read more
Boerse Stuttgart, one of Germany’s leading stock exchanges, has seen its cryptocurrency trading business explode in recent years to now account for approximately 25% of its overall revenue. While not revealing the exact cryptocurrency trading volume, the exchange group shared in a press release at the end of last year that the metric “almost tripled” … Read more
Elroy Cheo, co-founder and architect of influential Web3 collective ARC, is on a mission to redefine the dynamics of digital communities. Cheo and fellow entrepreneur Kiat Lim, the son of billionaire businessman Peter Lim, have made ARC into a hub for collaboration for the global Asian diaspora, enabling members to use a Stellar NFT and … Read more