Powell said nothing would prevent a well-regulated stablecoin from existing alongside a U.S. CBDC. He also revealed that a long-awaited report on cryptocurrencies is ready to be released within weeks. Cryptocurrencies and a U.S. central bank digital currency (CBDC) can coexist, according to remarks by Federal Reserve Chair Jerome Powell. The Fed chief made the … Read more

IBIT surpasses Deribit with $38 billion in Bitcoin options open interest, reshaping cryptocurrency markets. The rise of Bitcoin options on Wall Street brings tighter spreads, deeper liquidity and lower volatility. Deribit, now owned by Coinbase, remains popular with native crypto traders despite losing the top spot. The iShares Bitcoin Trust (IBIT) from BlackRock has overtaken … Read more

Hasbulla’s new memecoin, the BULLA token, raised $20 million in 24 hours amid fraud allegations. Analysts warn of a repeat of the BARSIK rug pull. Critics point to a lack of transparency and insider activity in wallets. Russian internet sensation Hasbulla Magomedov is once again under scrutiny from the crypto community as his recently launched … Read more

BONK memecoin has acquired Exchange Art to bridge cryptocurrency with fine art. Artist JT Liss will lead a new team focused on improving the Exchange Art marketplace. Integrating the Exchange Art platform on Solana aims to broaden engagement with both art and crypto for everyone. The Solana-based memecoin BONK has officially acquired Exchange Art, a … Read more

UNI price action suggests bulls may lean on the 200-day simple moving average as support. The Uniswap token is trading around $29.30 at the time of writing, down roughly 4.5% over the past 24 hours. The price of the Ethereum-based decentralized exchange (DEX) protocol reached a 24-hour high of $31.25, but bears pushed the lows … Read more

Nuvei Corporation and XT.COM have partnered to make it easier for new users to join the crypto ecosystem, CoinJournal learned from a press release. The collaboration integrates Nuvei’s Simplex fiat on/off-ramp solution with XT.COM, simplifying the process of funding accounts using familiar payment methods. Multiple ways to fund your account XT.COM is one of the … Read more

– The bear market wave is slowing down in the case of Polkadot. – DOT lost more than 40% of its value last week. – Polkadot is awaiting a potential sponsorship deal with FC Barcelona. Polkadot has been one of the best-known altcoins, reaching a peak of $55 in November 2021. Today it ranks as … Read more

Bitcoin slides below $104,000 as crypto sell-off deepens. $1B in crypto liquidations hit traders within 24 hours. Aave, Flare, BCH sink; Jito jumps on a16z investment. The cryptocurrency market extended its turbulent week with a broad sell-off that erased gains from earlier in the period as Bitcoin fell below $104,000. Global cryptocurrency market capitalization dropped … Read more

After TRON announced a collaboration with Baidu in the cloud computing space, another notable partnership may be on the horizon. Software giant Oracle recently visited TRON’s headquarters in San Francisco. The TRON ecosystem continues to expand and develop, even though cryptocurrency prices have been trading sideways in recent weeks. The TRON Foundation hosted Oracle — … Read more

PepeX’s presale has raised more than $2 million, highlighting growing investor demand. While the broader market remains cautious, PepeX’s ongoing presale stands out as an exception. In an industry still plagued by rug pulls and copycat tokens, PepeX positions itself as a trustworthy disruptor. PepeX is gaining momentum by directly tackling two of the meme … Read more