Crypto News

- Bluesky Blocks Service in Mississippi over Age Assurance Law Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law. In a blog post published on Friday, the company explains that, as a small team, it doesn’t have the resources to make the substantial technical changes this type of law would require, and it raised concerns about the law’s broad scope and privacy implications. Mississippi’s HB 1126 requires platforms to introduce age verification for all users before they can access social networks like Bluesky. On Thursday, U.S. Supreme Court justices decided to block an emergency appeal that would have prevented the law...

- 1 Brand-New Catalyst for Solana That Could Portend Great Returns Ahead Key Points On Aug. 11, OSL, one of Hong Kong's few licensed crypto exchanges, received regulatory approval from Hong Kong's Securities and Futures Commission (SFC) to make Solana (CRYPTO: SOL) available to retail investors. This includes offering Solana pairs in both Hong Kong dollars and U.S. dollars, and initiating on-chain deposits and withdrawals. This catalyst, while small on its own, could be a sign of great things to come for the coin's holders. Here's why. Why Hong Kong's Green Light is Big News Now that a regulated exchange in Hong Kong can list Solana for everyday investors, the jurisdiction has significantly expanded investors' access to the crypto...

- The Apple Stocks app comes preinstalled on iPhones and Macs, making it a perfect starting point for beginner investors. Be Aware: Suze Orman: 3 Biggest Mistakes You Can Make as an Investor Read Next: How Much Money Is Needed To Be Considered Middle Class in Your State? Try these strategies recommended by experts to build and monitor your best portfolio with Apple Stocks. Simple Research and Reporting The app’s simple, uncluttered interface makes it easy to find and follow the latest on stocks, funds and market news. “Apple’s Stocks app is quite advanced as a research and tracking tool,” noted Ilir Salihi, founder and senior editor at IncomeInsider.org. “It particularly stands out by packaging it all in an accessible interface...

- Key Points Dr. Michael Burry rose to fame for bets he made against the housing market, leading up to the Great Recession, when he purchased credit default swaps on mortgage bonds that paid out big. These events were portrayed in the movie The Big Short in which Oscar-winner Christian Bale portrayed Burry in the critically acclaimed film directed by Adam McKay. Needless to say, Burry, who runs Scion Asset Management, turned heads again earlier this year when filings showed that the fund sold nearly its entire portfolio in the first quarter of the year. Burry also bought put options on large tech and artificial intelligence (AI) stocks like Nvidia. Those moves proved to be prescient because the stock market got absolutely crushed in...

- Wall Street Favors Vanilla Options Rather Than VIX to Hedge Hedging is a hot topic again as Jerome Powell’s Jackson Hole speech stoked enthusiasm that the Federal Reserve will cut rates in September, sending stocks back up near record highs. With signs of generally extended positioning within equities, investors are debating the most effective way to protect gains before Nvidia Corp. earnings, jobs and inflation data and the Fed rate decision. “Powell came in more dovish than feared and markets have clearly responded positively,” said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group. “We are seeing some investors rolling up protection on ETFs tracking the S&P 500 and buy call spreads in SPDR Gold...

- Key Points It finally happened. Earlier this year, Warren Buffett declared that he would be stepping down as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Buffett is widely considered one of the best investors of all time. Experts have been trying to replicate his strategy for decades. But the simplest strategy was to invest alongside Buffett by purchasing Berkshire's shares directly. Many investors now fear that it's too late to buy Berkshire stock. The truth, however, is that now could be one of the best times in years to buy into this legendary business. Berkshire Hathaway has a gigantic advantage versus the market Typically, you don't want the companies you're invested in to hold a huge amount of excess cash. Ideally...

- Ethereum Hits New High, Leaves Crypto Community Perplexed On Sunday, Ethereum (ETH) rose to an all-time high of $4,935.52, up over 35% in a month. This ongoing bullish momentum is drawing strength from institutional inflows, new milestones, and the broader renewed investor optimism. Data supports the argument of institutional boom into the asset. Ethereum spot ETFs maintained their strong momentum with a daily net inflow of $337.6 million on August 22nd, and since launch, over $12.4 billion in total inflows. The aggregate net assets of all Ethereum spot ETFs now amount to $30.5 billion, or 5.2% of Ethereum's market cap, with BlackRock's ETHA & Fidelity's FETH leading inflows. This highlights to the market the magnitude of...

- If you bought Bitcoin instead of every new iPhone, you’d have $250M Do you know that if you bought Bitcoin instead of every new iPhone, you would have $250 million? Well, it's not very likely that you must have thought about this analogy, but the crypto community is rather fun-loving and keeps comparing the king coin to other premium products such as gold, the fiat currency, and at times to the flagship mobile device offered by the tech giant Apple (Nasdaq: AAPL). Apple's iPhones are among the most popular tech devices, which have gained immense popularity over the years due to high-resolution displays, highly sensitive cameras, and a thriving app ecosystem, among other factors. Since the first iPhone in 2007, Apple has launched...

- Bitcoin now has a $2.31 trillion market cap, and it’s sitting on the balance sheets of asset managers, institutions, and even national treasuries. Millions of people hold it directly, and others are exposed through exchange-traded funds (ETFs), futures, and retirement accounts. But what if the world’s largest cryptocurrency all came crashing down? A total collapse wouldn’t just hurt crypto investors. It’d ripple through the entire economy. Below, experts weigh in on the potential fallout. A Crisis Bigger Than 2008 Could Unfold A sharp drop in bitcoin’s value would hurt many investors, but a total collapse to zero would be in another league entirely. It’s not just crypto investors who would take a hit. Bitcoin is now tied into the...

- 'We Are Still Early': Morgan Stanley's Intern Survey Reveals as Crypto Interest Lags Behind AI & Robots The phrase "we are still early" remains a popular sentiment in the crypto community in 2025, suggesting that despite bitcoin's (BTC) price surpassing $100,000, the overall adoption of digital assets is still in its infancy. Morgan Stanley's recent survey of financial professionals confirms this sentiment. The investment banking giant surveyed more than 500 summer interns in North America from June 10 to 27, and 147 summer interns in Europe from June 26 to July 7. The survey revealed that only 18% of interns own or use cryptocurrencies, increasing from 13% the previous year. Meanwhile, the percentage of interns interested in...

- Solana Seeker Review: A More Measured Crypto Phone Solana’s first smartphone, 2023’s Saga, was a big swing for Solana Labs—and initially a miss with consumers, at least until a massive price cut and crypto airdrop incentives drove sudden, sellout demand months after release. Now, the 2.0 model has arrived. The new Seeker serves as an attempt by Solana to deliver a more palatable crypto phone. It costs half the price of the Saga at launch, currently selling for $500, with early pre-orders getting it $50 cheaper. By some measures, it’s expectedly less robust and ultra-premium than the pricey Saga. But the Seeker hits a much better sweet spot at this price, with mostly good-to-great hardware plus the added crypto features that help...

- Ethereum Jumps to New Record Price in Move Towards $5,000 Just two days after finally breaking past its all-time high mark set all the way back in November 2021, Ethereum climbed to an even higher peak on Sunday. Ethereum rose as high as $4,945 on Sunday, per data from CoinGecko, while CoinMarketCap shows an even higher jump to $4,948. ETH remains close to both marks, currently sitting at a price of $4,935 and up 4% on the day, according to CoinGecko. The latest move comes after ETH surpassed the long-standing record of $4,878 set in November 2021. Ethereum skyrocketed in price Friday, with the rally triggered by Federal Reserve Chair Jerome Powell's comments suggesting potential interest rate cuts. That caused Ethereum to jump...

- Is Shiba Inu a Millionaire Maker? Key Points Even by cryptocurrency standards, the early returns on Shiba Inu (CRYPTO: SHIB) are hard to believe. Its price increased by over 40 million percent in 2021, meaning if you had bought merely $3 of Shiba Inu on Dec. 31, 2020, that small purchase would've ended up being worth $1.3 million at the end of that year. Shiba Inu has lost quite a bit of value since that incredible run. It's down over 80% from its all-time high on Oct. 28, 2021, and it's down 41% on the year as of Aug. 21. To its credit, this meme coin has bounced back before. Let's look at what's currently going on with Shiba Inu, to see if it could be a millionaire maker again. From meme coin to crypto ecosystem As you may have...

- Key Points Viking Therapeutics (NASDAQ: VKTX) and Regeneron Pharmaceuticals (NASDAQ: REGN) have faced challenges this year that have sunk their stock prices. The former is down by 37% this year, while the latter has declined 17%. Could this be an excellent opportunity for investors to scoop up shares of these companies on the dip? That's the case if they're likely to rebound. And some Wall Street analysts think that could be in the cards. Viking's average price target of $88.78 implies an upside of 245% from its current levels, while Regeneron's $716.18 implies it could jump by 21%. Let's see whether Viking and Regeneron really could deliver solid returns in the next year or so. 1. Viking Therapeutics Viking Therapeutics is in the...

- Ripple's $200 Million Stablecoin Bet: Can It Push XRP's Price to $4? Key Points The recent passage of the Genius Act, a regulatory framework that legitimizes the use of stablecoins in the broader financial market, could send the already rapidly growing stablecoin market parabolic -- reaching up to $3.7 trillion by 2030, according to an analysis by Citigroup. Ripple, the company behind XRP (CRYPTO: XRP), is making a bold move to position itself ahead of this trend. The company just spent $200 million to acquire Rail, a stablecoin payment company. So, what will Ripple's new strategy do for XRP itself? Will it finally be what sends the token price above $4, or will it undermine the central use case that drives much of XRP's value in...

- My 5 Favorite Stocks to Buy Right Now I carefully select stocks to add to my portfolio each month, using the cash I receive from dividend payments and the added funds I deposit into my account. Here are the five stocks I'm most excited about buying these days. Brookfield Infrastructure Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) is a global infrastructure operator with a diverse portfolio of utility, energy midstream, transportation, and data infrastructure businesses. These assets generate stable and growing cash flow, backed by government-regulated rate structures and long-term inflation-linked contracts. The company pays 60% to 70% of its stable cash flow as dividends (current yield: 4.4%), retaining the rest for growth...

- Key Points Since President Donald Trump won the presidential election last November, crypto has been in the spotlight. Trump campaigned on making the U.S. the crypto capital of the world, and when he took office in January, his administration got right to work. Whether through legislation passed by Congress, implementing pro-crypto cabinet members and advisors, or a U.S. Strategic Bitcoin Reserve, the sector has gotten a lift, despite having to navigate economic uncertainty with Trump's tariffs and the high interest rate environment. Many investors believe the crypto bull market will likely continue, or that we might even be in a completely new era of crypto acceptance. Looking ahead, which cryptocurrency is more likely to make a...

- 1 Reason Why Now Is the Time to Buy XRP Key Points XRP (CRYPTO: XRP) has recently seen pullbacks following news that the Securities and Exchange Commission (SEC) has delayed its decision on whether the cryptocurrency can be included in new exchange-traded funds (ETFs). Higher-than-expected inflation and recent reports from major U.S. retailers suggesting that inflationary pressures could be poised to worsen in the near term have also weighed on the token's valuation. While XRP is still up 39% across 2025's trading, it's also down 20% from its high. On the heels of recent sell-offs, there's one significant catalyst on the horizon that suggests that now could be a good time to invest in the cryptocurrency. Buying XRP before October...

- Key Points Even after a recent pullback, XRP is up 397% over the last year. Much of that growth is due to the crypto-friendly political climate and the winding down of a lawsuit between the SEC and Ripple, the company that issues XRP. XRP has been one of many cryptocurrencies to explode in value over the years. Doing that again will be challenging, but there's a path for XRP to deliver tenfold returns. Cutting into SWIFT's market could unlock substantial growth for XRP Ripple provides payment solutions for financial companies, focusing on cross-border payments. Ripple's blockchain-based network moves money instantly while reducing fees. It also offers an on-demand liquidity (ODL) feature, which is where XRP comes into play...

- Key Points On a long-enough timeline, another crypto crash is certain. But having certainty about it happening someday is very different from having clarity about the chances of it happening sometime soon. Right now, the balance of evidence suggests the market is more likely to wobble before resuming its upward march than it is to crater. Here's what's going on and why fears of a crash are a bit overblown at the moment. What would actually crack the market Crashes rarely happen without a catalyst. The simplest catalyst for a crash would be a sharp macro shock that sucks liquidity out of risk assets, like cryptocurrencies. Central banks are generally not tightening their policy rates today. The European Central Bank (ECB) cut its...