Crypto News

- Cameron and Tyler Winklevoss, the billionaire co-founders of the cryptocurrency exchange Gemini, have made a strategic investment in American Bitcoin, a mining company with direct ties to the Trump family. Given the prominence of the Winklevoss twins in the cryptocurrency industry, this move merits a closer look at American Bitcoin. Hut 8 Is a Major Shareholder in American Bitcoin American Bitcoin, co-founded by Donald Trump Jr. and Eric Trump, the sons of President Donald Trump, announced plans in May to go public through a merger with Gryphon Digital Mining (GRYP). The company is currently a majority-owned subsidiary of Hut 8 (HUT), another Bitcoin (BTCUSD) mining firm. Hut 8 CEO Asher Genoot confirmed the Winklevoss investment...

- Key Points Cryptocurrency investors are enjoying a huge bull market right now. Ironically, it's not Bitcoin stealing the show (though the flagship crypto's price has doubled during the past year), but XRP (CRYPTO: XRP), which has seen its price rise by almost 500%. XRP is now more than $3.25 per share (as of Aug. 12), leaving investors wondering whether the token is ready to surpass $4 for the first time. The Trump administration's pro-crypto stance and policies have been game-changers for XRP and the broader sector, and XRP specifically has another exciting catalyst on the horizon. Here is what you need to know, and whether XRP is a buy for less than $4. XRP and other cryptocurrencies have a lot of momentum right now There are...

- Key Points In 2020, Michael Saylor, then the chief executive officer of the business software company Strategy (NASDAQ: MSTR), made a bold decision. He decided to use the company's capital to begin accumulating Bitcoin (CRYPTO: BTC), the world's most valuable cryptocurrency. At the time, the move seemed incredibly risky, and many people to this day still view the decision as risky. But Saylor's decision paid off handsomely, and Strategy (formerly known as MicroStrategy) even began tapping the capital markets for funding to buy more Bitcoin. Today, Strategy is seen as the pioneer of the Bitcoin treasury movement, and the company's stock has blasted over 3,160% higher in the past five years. Saylor, who is now the executive chairman...

- 3 Benefits of Buying XRP Over Stellar Key Points Investing should never feel like choosing between two nearly identical breakfast cereals. Yet, correctly or not, many people see XRP (CRYPTO: XRP) and Stellar (CRYPTO: XLM) as flavor twins because both sprang from blockchain technology and court the same cross-border payments banks, payment processors, and other similar institutions. But when capital, compliance, and catalysts matter for developing an investment thesis, as they do in today's maturing crypto market, XRP overtly outmuscles Stellar. Here are three reasons the ledger behind Ripple's coin still holds the upper hand in this matchup. 1. Deeper liquidity Financial institutions have a lot of money, and that money needs...

- After years of sitting on the sidelines, U.S. crypto companies are lining up to go public, buoyed by friendly policies under President Donald Trump's second administration that have pushed the value of global cryptocurrencies to a record $4.2 trillion. Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel among its backers, was the latest to tap U.S. public markets on Wednesday, raising over $1.1 billion. Analysts point to rising mainstream adoption and deep-pocketed corporate backers as forces reshaping the sector's fundraising landscape and boosting demand for new crypto stocks. INDUSTRY BELLWETHER Circle went public in June in a blowout NYSE debut, with shares more than doubling at the open to value...

- Memecoin market surges to $82bn as Bitcoin hits new record Memecoins are back — for now anyway. The entire market’s value has surged over 14% in the past seven days to almost $82 billion, according to data from CoinGecko. Investor appetite has been piqued by easing geopolitical tensions, crypto laws being signed, and Bitcoin’s consolidating price, James Butterfill, head of research at CoinShares, the crypto investment firm, told DL News. “As risk appetite improves across all asset classes, the combination of subdued Bitcoin volatility and investor demand for higher returns is beginning to push capital towards riskier altcoins,” Butterfill said. The rally highlights a growing bullishness for digital assets. Investors’ optimism has...

- Should Bitcoin Be in Your 401(k)? President Trump Is About to Make It a Possibility Key Points As if President Donald Trump's administration hasn't been supportive enough of the crypto sector, Trump recently signed an executive order that would let 401(k) accounts invest in alternative investments including real estate, cryptocurrencies, and private equity. This could prove to be a significant tailwind for crypto, particularly Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency. Should Bitcoin be in your 401(k)? Let's take a look. Widening the pool of investors Despite Bitcoin's meteoric rise during the past decade, the digital asset has not been as accessible as, say, a highly liquid blue-chip stock. That's due to a number...

- Both Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) are on the verge of setting new all-time highs. Both have seen their prices rally over the summer. And both have seen analysts ratchet up their future price targets. So, which one is the better buy in August? Let's take a closer look at the data. Bitcoin's history of awful Augusts August is one of the worst months of the year for Bitcoin. Last year, for example, Bitcoin fell 9% in August. In 2023, Bitcoin fell 11% in August. And, in 2022, Bitcoin fell 14%. In fact, the average return for Bitcoin in August during its entire lifetime is slightly negative (-0.23%). The median return in August is even more concerning: negative 8%. So, if history is any guide, Bitcoin might backtrack in...

- Key Points In early August, President Donald Trump signed a new executive order to allow alternative assets such as cryptocurrencies into 401(k)s and other defined contribution plans. By the end of 2025, Bitcoin (CRYPTO: BTC) could be on its way to becoming a mainstream retirement asset. Not surprisingly, Bitcoin rallied on the news. It's currently trading at about $120,000 and appears poised to move higher. It's clear that the executive order is good for Bitcoin, but what does it mean for the way Americans save for retirement? A new approach to retirement It will likely take several months before the executive order has a major impact. The U.S. Department of Labor will still need to suggest and review guidelines. But a number of...

- Imagine a neat row of dominoes, each one stamped with the crest of a major Asian financial hub. Every tile is a consultation paper, draft bill, or regulatory speech about stablecoins, and once the first domino topples, nobody wants to be the last one standing. That chain reaction is now well underway. Fresh legislation from Singapore to South Korea aims to corral fiat currency‑backed tokens, and the jurisdictions that move fastest could siphon a torrent of digital cash. That cash will tend to spill into assets like Ethereum, among others. If clear rules really do lure capital, investors need to know which domino falls next. Asia's many rulebooks are being rewritten quickly Across the region, officials are shifting from...

- Key Points The Shiba Inu (CRYPTO: SHIB) cryptocurrency was created by an anonymous developer named Ryoshi in 2020. Investors piled into it hoping it would have similar success to the industry's original meme token, Dogecoin, which was soaring in value at the time. Shiba Inu rocketed higher by 45,278,000% in 2021, which remains one of the best annual returns for any asset in the history of the financial markets. It would have been enough to turn a perfectly timed investment of just $3 into more than $1 million. However, the incredible move was fueled by speculation that inevitably fizzled out, and Shiba Inu has since lost 84% of its peak value. It's struggling to build sustainable momentum because it lacks fundamental catalysts...

- Can Ripple (XRP) Reach $4 by December? Key Points Several big cryptocurrencies have gone on bull runs in 2025, but XRP (CRYPTO: XRP) has been the best performer so far. It's up more than 40% on the year, more than any of the other top 10 coins. XRP has also passed a price of $3 multiple times this year, a level it hadn't reached since a brief period in January 2018. The next significant milestone would be $4, about a 22% increase from XRP's current price of $3.28 (as of Aug. 12). Is that a realistic target for the end of the year? Let's look at what could help XRP take off during the last five months of 2025. No more legal issues with the SEC Ripple, the issuer of XRP, spent nearly five years locked in a legal battle with the...

- All in all, the crypto market is having a good year. There have certainly been ups and downs, given some of the volatility, but if you look back to Donald Trump's presidential election victory last November, many of the big cryptocurrencies are up significantly since then, although not all. Trump's new regulatory regime has ushered in a more welcoming environment for cryptocurrencies and businesses focused on the sector. This has made many investors more bullish on crypto's future than ever. Two of the more popular cryptocurrencies, XRP (CRYPTO: XRP) and Shiba Inu (CRYPTO: SHIB), have been on different paths, with XRP soaring since Trump's election win and Shiba Inu struggling to gain traction. Which cryptocurrency is more likely...

Key Points XRP (CRYPTO: XRP) has a market value of $193 billion, making it the third most valuable cryptocurrency. The token trades at $3.25 as of Aug. 13. But Geoffrey Kendrick at Standard Chartered anticipates substantial upside in the years ahead due to the recent conclusion of Ripple's legal battle with the Securities and Exchange Commission (SEC) and the likely approval of spot XRP ETFs. My outlook is more conservative. Morningstar estimates the overall cryptocurrency market will be worth $8.4 trillion by 2034, implying annual growth of 8% over the next decade. Assuming XRP continues to beat the broader market -- XRP returned 750% in the last three years, while the overall market climbed 270% -- I think its price could double to...

- Asia Morning Briefing: Korea’s 'Onshore' Won Policy Could Hinder Its Stablecoin Ambition Good Morning, Asia. Here's what's making news in the markets: South Korea’s decision to shelve its central bank digital currency pilot in favor of private-sector stablecoins has sparked a wave of activities among fintechs and banks. KakaoBank is weighing both issuance and custody roles, while Upbit and Naver Pay are collaborating on a payments-focused token that could help close the “kimchi premium” gap between local and global crypto prices. The opportunity comes as Korea is moving to extend FX trading hours, allow more foreign participation in its onshore market, and position itself for inclusion in major global bond and equity indices. A...

- Morning Bid: Bitcoin joins the risk-on party You know markets are fully risk-on when cryptocurrencies are on a tear, with bitcoin joining global stocks to scale a record peak as the near certainty of U.S. interest rate cuts bolsters risk sentiment and weighs on the dollar. The world's best-known cryptocurrency, bitcoin, has a lot going for it: prospects of lower interest rates, a more favourable regulatory environment, and bullish inflows from institutional investors. Ether too has been on the charge, hovering near its highest since November 2021, becoming the token of choice for those looking for more active returns. In fact, ether is up 42% this year, outstripping the 32% gain for bitcoin. Stocks in Asia were taking a bit of a...

- The dollar languished near multi-week lows against the euro and sterling on Thursday as traders ramped up bets for the Federal Reserve to resume cutting interest rates next month. Rising expectations for Fed easing combined with increasing institutional cryptocurrency investment sent bitcoin powering to a fresh record peak. The dollar index, which measures the currency against the euro, sterling and four other major peers, was steady at 97.704 as of 0002 GMT. It dropped some 0.8% over the previous two sessions, having dipped to 97.626 on Wednesday for the first time since July 28. The euro edged up to $1.1713, nearing Wednesday's high of $1.1730, a level last seen on July 28. Sterling rose to $1.3586 for the first time since July...

- Bitcoin Hits Fresh Record as Fed Easing Bets Add to Tailwinds TOKYO (Reuters) - Bitcoin reached a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve provided momentum, complemented by recent financial reforms. The largest crypto-asset by market capitalization surged as much as 0.9% to $124,002.49 during early Asia trading, surpassing its previous peak from July. On the same day, the second-largest crypto-token, ether, touched $4,780.04, the highest point since late 2021. Bitcoin's rally has been driven by greater certainty of Fed rate cuts, sustained institutional buying, and policy changes aimed at easing investment in crypto assets, said a market analyst. An executive order...

- Bitcoin surged to a new all-time high of $122,962 on Wednesday, coming within reach of its record price of $122,838 set just a month earlier on July 14, as per Coingecko. The world's largest cryptocurrency gained 2.19% in the past 24 hours, although it traded down to an intraday low of $118,939.63. Bitcoin’s market cap has surged back toward record levels, hitting around $2.39 trillion as prices climbed past $122,000, as per onchain platform Glassnode. The $122,962 price was reached after a period of heightened volatility during Wednesday's trading session and a precipitous drop early in the day, before rebounding sharply as news dominated the evening. U.S. spot Bitcoin ETFs saw an aggregate total daily net inflow volume of...

- Coinbase (Nasdaq: COIN) thinks allocating only 5% of your portfolio to Bitcoin could do wonders. Coinbase Asset Management published a report on Aug. 12 in which it recommended five investing strategies to diversify into cryptocurrency. The simplest way forward is adding Bitcoin to a portfolio, Coinbase said, and recommended a 5% allocation to Bitcoin, as it greatly enhances returns and capitalizes on its 73% compound annual growth rate (CAGR) from January 2017 to June 2025. The king coin has generated a return of 14.28% during the same period. The report argued that a 5% allocation to Bitcoin instead of bonds outperformed the standard 60/40 equity-bond benchmark from 2018 onwards. Coinbase also recommended allocating 10% of a...