CFX, the native coin of Conflux Network, which claims to be China’s only regulatory-compliant public blockchain, has surged by 12% today, making it the top-performing token across the crypto market. This rally comes despite a broader market pullback. It appears to be fueled by mounting optimism ahead of the highly anticipated Conflux 3.0 upgrade, set…
Ray Dalio, the billionaire behind Bridgewater Associates, says people should think about putting 15% of their money into gold or Bitcoin. His call comes as America’s debt nears the $37 trillion mark. He argues that holding hard assets can help when paper money loses value. “If you were optimizing your portfolio for the best return-to-risk ratio,…
On Monday, Anthony Pompliano, founder and CEO of Professional Capital Management, discussed the state of the crypto market, Wall Street’s growing interest and adoption of Bitcoin (BTC), and some of the events to look forward to. Wall Street’s Eyes On Bitcoin In an interview with CNBC’s Squawk Box, Anthony Pompliano praised the flagship cryptocurrency, affirming…
Bitcoin’s price actions have remained relatively still on a 24-hour scale as the asset continues to trade around $119,000. At the same time, many altcoins have posted notable price retracements, such as SUI, which is down by 6%, and PEPE. BTC Calms at $119K Driven mostly by a significant sell-off initiated by Galaxy Digital for…
TL;DR The controversial project continues to face some verification issues, as not all users have completed the necessary migration step. In one of the latest updates, the Core Team advised what those who had not migrated to Mainnet yet had to do, but it quickly faced backlash. Mainnet Migration Issues The post by the team…
PayPal announced the expansion of its “Pay with Crypto” platform, allowing US merchants to accept over 100 cryptocurrencies, settle transactions instantly, and reduce international fees by up to 90%. While PayPal’s stablecoin PYUSD is the clearest winner, the ripple effect across altcoins could be significant. PYUSD Sees Immediate Surge, Unlocks 4% Yield on Holdings At…
Ray Dalio, an American billionaire and hedge fund manager, recommended holding around 15% of one’s portfolio in either gold or Bitcoin (BTC) as a hedge against currency devaluation amid a debt-driven crisis. While Dalio emphasized that he personally favors gold over Bitcoin, he highlighted that both assets serve as crucial hedges in an environment where…
XRP has recently faced a sharp drop from its all-time high (ATH), with the price stabilizing within a sideways trend. The altcoin is currently holding above the crucial $3 support, which has acted as a psychological level for investors. However, with increasing sell-offs, XRP could struggle to maintain this support in the coming days. XRP…
The United States has filed a civil forfeiture complaint seeking to claim over $2.4 million worth of Bitcoin seized from the Chaos ransomware group, adding to the escalating series of cryptocurrency seizures that have netted billions in digital assets from cybercriminals worldwide. The Northern District of Texas complaint targets 20.29 Bitcoin seized on April 15,…
The Ethereum price continues to capture the spotlight as the market eyes a potential push toward the $4000 mark. Following recent bullish momentum in the broader crypto market, ETH has shown strong upward movement, testing key resistance levels. Traders and investors are closely watching whether this momentum can sustain enough strength to drive the price…