Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption. Banks around the world will have to adopt cryptocurrency or go extinct in a decade, Trump predicted in an interview with CNBC’s Dan Murphy in Dubai on April 30….
Key takeaways: Bitcoin’s 28% rebound from $75,000 faces resistance at $95,000, risking a bull trap. Strong spot price momentum and ETF inflows support a potential $100,000 push. Bull flag pattern suggests a $108,300 target if BTC breaks the $95,000 resistance. Bitcoin (BTC) price has rebounded by 28% from its five-month low below $75,000 reached on…
XRP has always been a cryptocurrency with a massive community and hundreds of thousands of supporters. Perhaps it was etched in its core and reiterated throughout the numerous market cycles, but something about the promise of “redefining the existing banking system” and becoming the new standard for international value transfer really stuck with people. In…
Despite Bitcoin (BTC) gaining notable traction over the past week – rising from approximately $85,000 on April 21 to nearly $95,000 today – the top cryptocurrency’s Demand Momentum remains significantly subdued, signalling caution among investors. Bitcoin Demand Momentum Continues To Be In Negative Zone According to a recent CryptoQuant Quicktake post by analyst Crazzyblockk, Bitcoin’s…
Two bills that would allow the US state to invest in digital assets have cleared both legislative chambers and now await Governor Katie Hobbs’ decision. Senate Bill 1025, the Arizona Strategic Bitcoin Reserve Act, and Senate Bill 1373, establishing a Digital Assets Strategic Reserve Fund, would authorize the state treasurer and retirement system to invest…
The decision follows days of backlash on Reddit, X, and elsewhere, where users had labeled ChatGPT’s tone as disingenuous and manipulative. The decision follows days of backlash on Reddit, X, and elsewhere, where users had labeled ChatGPT’s tone as disingenuous and manipulative. Artificial Intelligence Decrypt
Libre, a tokenization firm that works closely with the likes of hedge fund Brevan Howard, investment management firm Hamilton Lane and Nomura’s digital assets unit Laser Digital, plans to tokenize $500 million worth of Telegram debt as the blockchain-based Telegram Bond Fund (TBF) on the TON network that’s linked to the messaging platform. TBF will…
BlackRock is preparing to bring blockchain to the back office of one of its largest funds, filing to offer a digital share class of its $150 billion Treasury Trust money market fund through BNY Mellon. The new “DLT Shares,” short for distributed ledger technology, won’t hold crypto. But BNY Mellon, the fund’s exclusive distributor, intends…
Libre and TON have launched a $500M tokenized fund for Telegram bonds, giving institutions access to $2.4 billion in debt. Libre and TON have launched a $500M tokenized fund for Telegram bonds, giving institutions access to $2.4 billion in debt. , DeFi Decrypt
Bitcoin continues its gradual recovery, currently trading above the $94,000 level at the time of writing. This upward trend follows a recent correction that pushed prices down earlier this month. Despite the recent gains, Bitcoin remains about 12.7% below its all-time high set in January. While investors monitor price resistance levels around the psychological $100,000…
