Crypto News

- Opendoor Technologies (OPEN) stock reversed earlier gains on Tuesday morning, falling 2% after gaining as much as 6% at the market open, as the company continues its executive search following CEO Carrie Wheeler's departure. The real estate iBuyer meme stock has been on a tear since Wheeler announced her resignation on Friday, gaining more than 19% on Monday following the news and pushing the company's six-month gain to more than 135%. "When the Board of Directors asked me to take on this role at the end of 2022 ... my mandate was clear: stabilize the company and do what was necessary to survive," Wheeler said in the tweet announcing her departure, effective immediately. "The foundation is stronger, the vision is sharper, and the...

- Opendoor Stock Climbs as CEO Search Continues Opendoor Technologies (OPEN) stock rallied 6% at the market open before paring gains on Tuesday morning as the company continues its executive search following CEO Carrie Wheeler's departure. The real estate iBuyer meme stock has been on a tear since Wheeler announced her resignation on Friday, gaining more than 19% on Monday following the news and pushing the company's six-month gain to more than 135%. "When the Board of Directors asked me to take on this role at the end of 2022 ... my mandate was clear: stabilize the company and do what was necessary to survive," Wheeler said in the tweet announcing her departure, effective immediately. "The foundation is stronger, the vision is...

- Former White House cryptocurrency adviser Bo Hines joins Tether Tether, the world's largest stablecoin company, has appointed former White House cryptocurrency adviser Bo Hines. Hines will be aiding Tether in establishing a foothold in the US after stepping down from his role as executive director of the president's Council of Advisers on Digital Assets. A former college football player, Hines was instrumental in advancing initiatives to foster innovation in digital assets during his time at the White House. US Strategy and Legislative Impact As a strategic adviser for Tether's digital assets and US strategy, Hines will collaborate closely with Tether's leadership team to shape and execute the company's U.S. market entry...

- White House cryptocurrency adviser Bo Hines joins Tether Tether, the world's largest stablecoin company, has appointed former White House cryptocurrency adviser Bo Hines, the company said Tuesday morning. Hines will be helping Tether establish a foothold in the US after stepping down from his role as executive director of the president's Council of Advisers on Digital Assets earlier this month. A former college football player who twice ran unsuccessfully for Congress in North Carolina, 29-year-old Hines was tasked with helping the president early in his second term deliver on the major campaign promise he has since reiterated many times to turn the US into the "crypto capital of the world." During Hines's roughly 28 weeks as a...

- The crypto rally may just be getting started. The Digital Assets Revolution "We believe we are in the middle of a digital assets revolution backed by regulatory reform," Bernstein analyst Gautam Chhugani wrote in a new note. "The Trump administration is in mission-critical mode to build the US into the crypto capital of the world so [the] market peak is not anywhere near." Chhugani said he now expects the crypto cycle to run until at least 2027, powered by friendlier regulation, rising institutional demand, and broader adoption beyond bitcoin (BTC-USD). That spells good news for three stocks tied to the sector: Coinbase (COIN), Robinhood (HOOD), and Circle (CRCL). Coinbase's Gains Coinbase stands to gain the most as it's the...

- Elon Musk’s X Now Accepts Bitcoin Tipping Bitcoin tipping has arrived on X, Elon Musk’s social media platform — but not through a native integration. On Aug. 18, BitBit, a third-party self-custodial wallet, launched functionality that allows users to send and receive BTC tips directly on the platform, powered by Lightning infrastructure from Lightspark. “At Lightspark, we’re working tirelessly to ensure the future of money looks like the open Internet,” said David Marcus, co-founder and CEO of Lightspark. While the feature is available within X’s interface, it’s not an official X product. BitBit’s Chrome-compatible wallet sits on top of the platform and enables users to send tips to others on X handles. Receivers have 21 days to...

- How Coinbase, Robinhood and Circle will come out on top of unusual crypto rally Coinbase, Robinhood and Circle are poised to benefit as the crypto market enters an unusually prolonged bull run. Wealth management firm Bernstein predicts Bitcoin will surge to $200,000 over the next 12 months, with this rally surpassing the typical four-year cycles. The boosting factor for this rally is the Trump administration's strategy to position the US as the global hub for crypto. This includes endorsing new stablecoin regulations, appointing crypto-friendly officials, halting regulatory actions against crypto firms, and promoting blockchain integration into traditional finance. The Federal Reserve is anticipated to lower interest rates in...

- Crypto firm Tether hires ex-White House crypto adviser Bo Hines Cryptocurrency firm Tether has appointed former White House crypto policy executive Bo Hines as a strategic adviser to help steer its expansion in the United States, the company said on Tuesday. In his new role, Hines will advise on digital assets and U.S. market strategy, engaging with policymakers and industry groups to strengthen the firm's presence in the world's largest economy. "His deep understanding of the legislative process, combined with his passion for practical blockchain adoption, makes him an invaluable asset as Tether enters the biggest market in the world," Tether Chief Executive Paolo Ardoino said. Hines, who until recently served as executive...

- Should You Forget XRP and Buy This Soaring Cryptocurrency Instead? Key Points While 2025 has been rather turbulent for the equity markets, one asset class has defied the panic-driven selling and gloomy macroeconomic outlooks: cryptocurrency. As of Aug. 15, the "big three" -- Bitcoin, Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) -- have all outperformed the S&P 500 and Nasdaq Composite by a wide margin. Perhaps surprisingly, the smallest of the trio, XRP, leads the pack with a gain of 50% so far this year. Ethereum's return of 35% is impressive in its own right, yet momentum and headlines appear to be shifting toward new contenders like XRP. Below, I'll outline three catalysts that could rekindle investor enthusiasm for Ethereum...

- 3 Reasons to Buy XRP Before 2026 Key Points After a spectacular summer rally that saw its price climb to a new 52-week high, XRP (CRYPTO: XRP) is attracting new interest from investors looking for a cryptocurrency with ultra-high upside. XRP also went on a stunning 580% rally in late 2024 and early 2025, so it definitely has the type of rocket fuel needed to reach escape velocity. There are three good reasons to load up on XRP now, while it's still trading for just $3. Wait too much longer, and you may miss out on its upside. Here's why. 1. The end to regulatory uncertainty around Ripple (XRP) First and foremost, all of the legal and regulatory issues that have dogged XRP during the past five years now appear to be over. A...

Key Points Five years ago, Dogecoin (CRYPTO: DOGE) was a somewhat successful meme coin, but not exactly a household name. Since then, it surged to an all-time high in 2021 and went on another impressive run after the 2024 presidential election. It's now one of the 10 largest cryptocurrencies by market cap, and it's definitely a household name -- even my grandmother knows what Dogecoin is. The crypto market as a whole has been doing well this year, and investors are excited about the future. Let's take a closer look at Dogecoin to see if it's likely to be a winner during the next five years. The fundamentals (or lack thereof) Launched in 2013, Dogecoin is one of the oldest cryptocurrencies, and it's notable for being the first meme...

- Worldpay leverages Mastercard Move to ease money transfers in UAE Worldpay and Mastercard have teamed up to ease money transfers for consumers and businesses in the United Arab Emirates (UAE). The move will see the integration of Worldpay's Push-to-Card solution with Mastercard Move to facilitate payment transactions. The Push-to-Card solution will allow for a range of fast payment services, including local and international transactions, covering requirements such as payments for freelance work, settlement of insurance claims, money remittances, and the processing of cryptocurrency proceeds. Mastercard said that its security services and infrastructure will support these transactions. Worldpay merchant country leader MEA Tausif...

- Key Points When it comes to cryptocurrency investing, Bitcoin's market value of $2.3 trillion handily makes it the undisputed leader. But as with any leader, challengers are constantly vying to narrow the gap. In terms of market capitalization, decentralized finance (DeFi) powerhouse Ethereum holds a firm -- though distant -- second place behind Bitcoin. Closing in, however, is XRP (CRYPTO: XRP), the native token of the Ripple payments network. And according to Standard Chartered analyst Geoff Kendrick, the gap between Ethereum and XRP is steadily tightening. Let's explore what makes XRP stand out in a crowded field of crypto disrupters and unpack Kendrick's bold prediction that XRP could surpass Ethereum in the years ahead. What...

- Japan Startup to Issue First Yen-Pegged Stablecoin TOKYO (Reuters) - Japanese startup JPYC said it will issue the first stablecoin pegged to the yen later this year after receiving a license. The stablecoin, which will be called "JPYC," will be fully convertible to the yen and backed by domestic savings and Japanese government bonds (JGBs), the company's CEO Noritaka Okabe told a news conference. "Initially, we expect demand to come from institutional investors, hedge funds, and family offices in Japan," he said. "Eventually, we aim to have JPYC used overseas as digital yen and delivered to people across the world." JPYC plans to issue the stablecoin around autumn and said it would not charge transaction fees. Instead, the more...

- Prediction: Bitcoin Will Be Worth $500,000 in 5 Years Key Points Bitcoin (CRYPTO: BTC) recently hit a new all-time high. On Aug. 14, the leading cryptocurrency's price reached $124,457. Even with its volatility, Bitcoin has been one of the most lucrative assets for patient investors. It's up 855% during the past five years (as of Aug. 16). While it may not match those results in the future, there is a prediction that it will be worth $500,000 per coin in 2030. Bitcoin's Role in the Crypto Economy Although many cryptocurrencies are overly complicated, Bitcoin has a relatively straightforward use case as a digital store of value. Investors buy it with the expectation that it will maintain or increase its value better than other...

- Is XRP Overvalued? Key Points If valuing cryptocurrencies sometimes feels like holding a stethoscope to the weather, there is thankfully a steadier pulse to listen for, and it's compounding utility with compounding trust. Assets that become more useful for serious financial institutions, and more trusted by their risk teams, tend to earn higher and more resilient valuations over time. That, in a nutshell, is the road ahead for XRP (CRYPTO: XRP). But, with the coin's price rising by about 700% during the past three years alone, reaching more than $3 as of Aug. 18, it's reasonable to have some doubts about whether it's overvalued. Let's unpack the drivers of its valuation a bit more to figure it out. The legal, regulatory, and...

- Key Points Much like Microsoft and Cisco dominated the internet boom of the late 1990s, Bitcoin has long ruled as the king of the cryptocurrency realm. In the shadows, however, sits another noble -- Ethereum (CRYPTO: ETH) -- with the potential to challenge Bitcoin's crown. Tom Lee of Fundstrat has been pounding the table on Ethereum, calling for significant upside despite its lagging performance relative to Bitcoin. Let's examine the fundamental differences between these two crypto titans and explore the catalysts that could position Ethereum for a long-term ascent. What is the difference between Bitcoin and Ethereum? At its core, Bitcoin is best thought of as a digital commodity. Sometimes described as digital gold, it serves...

- DOGE Tests 22-Cent Support as $782M Volume Unleashes Stop-Loss Cascade Dogecoin slid overnight, erasing gains despite heavy institutional accumulation, as $782 million in trading volume overwhelmed support levels and sent the token into correction mode. The move came alongside broad crypto liquidations, reflecting heightened macro pressure. News Background • Dogecoin dropped from $0.23 to $0.22 in a 24-hour window ending August 19 at 04:00, marking a 4% decline. • A sharp liquidation wave hit between 03:00-04:00, where volumes spiked to 782 million DOGE — nearly double the daily average. • The decline occurred as industry-wide liquidations topped $1 billion, triggered by U.S. inflation prints beating expectations and denting...

- XRP Rejects $3.09 Resistance, Bears Target $2.96 Demand Zone XRP closed Monday’s session under pressure, reversing an earlier rally and ending near the $3.00 threshold. A sharp selloff in the final trading hour saw the asset dip 1% on surging volume, suggesting institutional distribution and stop-loss liquidations driving price action. Technical Analysis Shows Mixed Signals XRP traded within a $0.11 range between $2.94 and $3.10 across the 24-hour session from August 18 05:00 to August 19 04:00, representing nearly 4% intraday volatility. A bullish breakout during the 17:00 trading hour on August 18 pushed prices from $2.97 to $3.10, supported by heavy volume of 131 million—double the 24-hour average of 66.8 million. This...

- Blockchain Lender Figure Joins Crypto IPO Rush With Nasdaq Listing Bid Under 'FIGR' Figure, the blockchain-powered lender founded by SoFi co-founder Mike Cagney, has filed with the Securities and Exchange Commission for an initial public offering as the latest entrant in a growing crypto IPO wave. The company plans to list its Class A shares on the Nasdaq under the ticker FIGR, with Goldman Sachs, Jefferies, and BofA Securities serving as lead underwriters. Figure's path to public markets has been years in the making. In 2021, it launched a special purpose acquisition company, Figure Acquisition Corp. I, with a $250 million raise aimed at acquiring growth-stage businesses using Provenance as an efficiency layer, however, in the...