Crypto futures contracts offer a new window to crypto trading for investors. They allow traders to access crypto trading without directly involving themselves with crypto market price fluctuations. The most recent XRP Futures launch on CME Group’s derivatives platform became successful yesterday with considerable trading volume. XRP is one of
The Chief Executive Officer of JP Morgan, Jamie Dimon, has revealed that the bank will permit its clients to purchase Bitcoin but will not custody the cryptocurrency in the near future. On May 19, at the firm’s annual investor day, the CEO asserted that we were going to permit you
The Securities and Exchange Commission’s sole remaining Democratic Commissioner, Caroline Crenshaw, has issued a stark warning about the agency’s recent approach to crypto regulation. She compares it to a dangerous game of “regulatory Jenga” that risks destabilizing market safeguards carefully built over decades. Regulatory Rollbacks Raise Alarm Bells In her
Stablecoin regulation has gained momentum after President Donald Trump stressed its importance several times. The President and other government officials, such as David Sacks, believe that US Dollar-backed stablecoins hold the potential to increase dollar dominance across the globe. Taking things forward, the US Senate advanced the long-awaited GENIUS Act
A judge in Australia decided that Bitcoin should be treated as money rather than a taxable asset, which may significantly change the nation’s cryptocurrency tax environment. The decision might result in capital gains tax (CGT) returns of over $640 million for Bitcoin transactions. The May 19 ruling resulted from a
A prominent market analyst has highlighted exceptional bullish patterns in the Dogecoin chart, projecting a potential twofold price rally despite recent market corrections. Jake Wujastyk’s analysis suggests DOGE is poised for a strong upward breakout even as the token has dropped 7% in the current trading session. “There is no
Shiba Inu (SHIB) has formed a clear downtrend over the past week, dropping 14.4% between May 13 and May 19 as the token moved from approximately $0.000017 to its current level near $0.00001423. With an additional 2.1% decline in the last 24 hours, short-term momentum has weakened, resulting in a
Ethereum’s price has recovered over 50% in May, with on-chain data revealing fundamental shifts in investor behavior following the Pectra upgrade. Exchange withdrawals, diminishing reserves, and record whale accumulation have all reached key milestones, prompting analysts to project higher price levels in the coming weeks. Cryptorank data shows that Ethereum
The crypto market is again trapped within a bearish chokehold, slipping by 2.18% to $3.23 trillion. The major assets have been charted in red, with Bitcoin (BTC) hovering around the $102.5K mark and Ethereum (ETH) trading at the $2.4K zone. Meanwhile, KAITO has recorded a spike of over 2.09% in
As cryptocurrency continues to penetrate mainstream finance, its prominent figures are facing new and more dangerous risks like kidnapping, extortion, and targeted physical threats. In response, major crypto firms like Coinbase, Circle, and Robinhood have begun investing heavily in personal security, especially for their top executives. In 2024, Coinbase allocated
