Crypto News

Finance is a crucial part of life, but it isn’t a major focus in school. Parents have the burden of instilling effective money management into their children, though not everyone knows how. Dave Ramsey, a personal finance expert and host of “The Ramsey Show,” has some tips for parents struggling to teach their children money matters. He recently put out an Instagram post detailing four areas of finance for kids to learn. **Work** If you want to get rich, buy crypto meme coins, become a day trader, start a dropshipping business or sell online courses. This is the advice that floods social media and the internet, but not Ramsey. According to Ramsey, teaching your children to work is vital. “Money comes from work, not from other...

3 Reasons Why XRP Is Worth Buying Right Now and Holding For At Least 3 Years Key Points XRP (CRYPTO: XRP) seems to keep having doors opened for it lately. Each time there's a new positive catalyst, it paves the way for the coin to continue to rise over the coming years. There are three fairly recent developments that make XRP worth buying and holding for at least three years. Let's take a look at each and put them into context. 1. The legal woes are likely (nearly) over The Securities and Exchange Commission (SEC) has been in a legal battle with Ripple, the company that develops XRP, since late 2020. The issue in contention was whether Ripple broke securities laws by offering XRP without filing the relevant paperwork with...

ChatGPT remains the most famous of all generative AI LLMs (large language models), now capable of also creating high-quality images — sometimes with an extra hand, leg, finger or toe as the kinks continue to be worked out — and video clips, the latter provided via OpenAI’s Sona model. Its functions can be used in a variety of ways to make money. Those interested in coin collecting, or simply in identifying potentially rare coins in the wild or in your change purse, may be interested to know how ChatGPT might offer advice to beginning numismatists, a fancy word for coin bugs. So, GOBankingRates asked ChatGPT: “Explain how to make money on valuable coins like I’m 12.” Here’s what it had to say. ‘Learn What Makes a Coin Valuable’ The...

Photo: Andrew Harnik (Getty Images), Justin Sullivan (Getty Images), Win McNamee (Getty Images), Ethan Swope (Getty Images), Kevin Dietsch (Getty Images), Dan Kitwood (Getty Images), Brandon Bell (Getty Images), Scott Olson/Getty (Getty Images), Chris McGrath/Getty (Getty Images), Justin Sullivan (Getty Images) The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance. Coinbase, the largest U.S. crypto exchange, officially joins the S&P 500 today (May 19), replacing Discover Financial Services (DFS) following its acquisition by Capital One (COF). The move marks a major...

Image source: Getty Images. Up 350% in 12 Months: Is XRP Still Worth Buying? XRP (CRYPTO: XRP), the native cryptocurrency of the open-source XRP blockchain, has surged about 350% during the past 12 months. But should investors still buy XRP after that jaw-dropping rally? Let's review the bull and bear cases to decide. Reviewing XRP's wild ride over the past 13 years David Schwartz, Jed McCaleb, and Arthur Britto co-founded the fintech company Ripple Labs and created XRP in 2012. Ripple became the largest single holder of XRP but didn't actually control its open-source Ledger. XRP's entire supply of 100 billion tokens was pre-mined before its launch, and Ripple locked up more than half of its tokens in escrow accounts. Ripple...

Image source: Getty Images. Shiba Inu Is Down 84%. Should You Buy the Dip? Key Points Shiba Inu (CRYPTO: SHIB) could not have performed better for investors a few years ago. From the start of 2021 to its all-time high in late October that year, this digital asset absolutely skyrocketed. There are surely some very lucky speculators who amassed life-changing wealth. However, it's been a different story since then. While the overall crypto market has held up well, despite the volatility, Shiba Inu has a lot of work to do to catch up to its former glory. As of May 20, this meme token trades at $0.00001428, which is 84% below its peak from about three and a half years ago. Is it time to buy the dip with Shiba Inu? I think investors...

Image source: Getty Images. "Building a Long-Term Portfolio: 3 Vanguard ETFs to Consider" Being a long-term investor is awesome, partly because you have so much control over the process. You can make investing as simple or complicated as you would like, though I recommend a simple approach for most people. That means diversifying your investments and letting time and the market do the heavy lifting for your portfolio. There's no better way to do that than exchange-traded funds (ETFs), buckets of individual stocks that trade under a single ticker symbol. You can build a diverse portfolio with just a small handful of ETFs, and Vanguard might be the best name in the ETF game. Investors can trust Vanguard, which has been around for...

Image source: The Motley Fool. Key Points Warren Buffett-led Berkshire Hathaway owns many stocks in its huge $284 billion public equity portfolio. Investors are certainly familiar with some of its well-known holdings. They include consumer electronics leader Apple, and beverage giant Coca-Cola. However, neither of these businesses are smart buying opportunities today, in my opinion. I believe that title goes to two other companies that investors must take a closer look at. Here are the best Warren Buffett stocks to buy right now with $1,000. Amazon has its hands in multiple growth areas The first Buffett stock to consider adding to your portfolio is Amazon (NASDAQ: AMZN), the tech juggernaut that only represents 0.7% of...

Key Points On May 22, Bitcoin (CRYPTO: BTC) hit a new all-time high of nearly $112,000. With a total market cap of $2.2 trillion, it now ranks as one of the five most valuable assets in the world, trailing only Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and gold. Based on the above, it might seem like Bitcoin is a no-brainer investment right now. But is it? Let's take a closer look at the historical evidence for Bitcoin. The cyclical nature of Bitcoin Given that Bitcoin started trading in January 2009, we now have 16 years of history to examine. And the overwhelming evidence is that Bitcoin tends to trade in fairly well-defined four-year cycles. The cycle begins with a steady accumulation phase, which...

Tesla (Nasdaq: TSLA), helmed by billionaire tycoon Elon Musk, holds $1.25 billion in Bitcoin as of now, the latest data shows. The electrical vehicle and clean energy company revealed on Apr. 22 that it held 11,509 Bitcoin — worth $1.05 billion on the day — on its balance sheet. The holdings have surged by $1.2 billion due to the recent uptick in BTC's price. Tesla first made an announcement relating to Bitcoin when it revealed via a filing with the Securities and Exchange Commission (SEC) on Feb. 8, 2021, that it had invested approximately $1.5 billion to add 43,200 Bitcoin to its corporate balance sheet. It also announced its plan to accept the world's largest cryptocurrency as a payment mode. The announcement sent Bitcoin soaring...

JPMorgan Chase’s decision to let clients buy Bitcoin without the bank’s custody marks the end of a strategy that crypto investor Armando Pantoja insists he saw coming for years. “I didn’t believe Jamie Dimon really believed what he was saying,” Armando said when asked about the bank's recent move. “It was a tactic to keep the average person away from it to keep the prices down.” According to Armando, banks as a group “were caught off guard with cryptocurrency. They dismissed it from 2009 into 2018.” Institutions, he added, “are like cruise ships — they take a long time to turn around.” While they maneuvered, the best way to accumulate Bitcoin cheaply was to frighten retail investors, he argued. Armando traced that playbook to a...

Image source: Getty Images. **Key Points** Touted by proponents as an effective, lightning-fast alternative to rival blockchains, Sui (CRYPTO: SUI) wasn't having a good Friday. As of this writing, the Sui token was trading down by more than 5% in value from 4 p.m. ET, due mainly to a hack suffered by a decentralized exchange (DEX). An investor would have been better served sticking with equities than buying Sui, as the S&P 500 index dipped by a relatively modest 0.4% during the stock trading day. **Hack Attack** That DEX, Cetus Protocol, is built mainly on the Sui and Aptos chains. That morning, Cetus announced in a posting on its official account that it was attacked by a hacker. This perpetrator apparently stole assets worth...

Bitcoin and MicroStrategy 30-day volatility drop to year-lows, signaling market calm after recent highs — 10x Research. According to new research from 10x Research, Bitcoin and MicroStrategy have entered a rare period of calm, with both assets exhibiting the lowest volatility in over a year. Bitcoin's 30-day realized volatility has dropped to 37, while MicroStrategy's volatility has decreased to 60 from its high of 168 just a few weeks ago. MicroStrategy has now been rebranded as Strategy. The market's coordinated reduction in price swings shows that it is settling. The sharp drop in volatility means price swings have cooled for retail investors, but it could be the calm before a significant move. However, there are more signs of...

A dramatic event took place on May 22 as President Donald Trump hosted the top 220 holders of the TRUMP meme coin at the VIP dinner. A pseudonymous on-chain sleuth, who goes by the X handle "dethective," revealed that a large number of dinner attendees dumped the meme coin before arriving at Trump's golf club just outside Washington, DC for the private dinner. A meme coin is a type of cryptocurrency that is inspired by an internet meme or trend and parodies mainstream cryptocurrencies such as Bitcoin. As per the sleuth, almost 1 in 2 people who attended the dinner weren't holding any TRUMP token in their wallets while attending the dinner. In fact, 92 out of 220 wallets held no TRUMP tokens on the day. More than 40% of the dinner...

Bitcoin fell sharply on Friday as trade tensions intensified between the U.S. and the European Union, sparking a widespread market selloff. The world's largest cryptocurrency dropped from over $110,000 to as low as $108,400 after U.S. President Donald Trump announced a proposed 50% tariff on EU imports. The new tariff is scheduled to take effect on June 1. CoinGlass reported that the increase caused over $200 million in crypto liquidations. At press time, Bitcoin had started to recover slightly, back to $108,637.18, but other large assets like Ether, Solana, and XRP are all still in the red. The Truth Social announcement also includes a separate threat to Apple: Trump will impose a 25% tariff on iPhones made overseas. U.S. equities...

DeFi trading might be on-chain, but that doesn’t mean it has to be hard to use. That’s the philosophy behind DeFi App, according to founder Dan Greer, who joined Malak Albaw on TheStreet Roundtable to explain how his platform is simplifying the DeFi experience without sacrificing permissionless access. “DeFi App is a centralized exchange-like experience, but entirely decentralized,” said Greer. “We support six chains right now. The moment that anything launches on those chains… you can instantly access that via DeFi App.” Inspired by the complexity plaguing traditional DeFi tools, Greer said the app was born from frustration. “We are powered by Uniswap and hundreds of others,” said Dan Greer, founder of DeFi App. “So we aggregate DeFi...

Source: Bitwise Asset Management with data from BitcoinTreasuries.net. Data as of Apr. 1, 2025 More than $400 billion in institutional capital is projected to flow into Bitcoin by the end of 2026, according to a recent report by UTXO Management and Bitwise Asset Management. In 2025 alone, over $120 billion in institutional flows into Bitcoin is anticipated, escalating to $300 billion the following year. This investment is expected to result in the accumulation of over 4.2 million BTC during this period. With President Donald Trump already establishing a strategic Bitcoin reserve in March, various state bills aim to convert seized Bitcoin into a treasury asset. More than 20 states, including New Hampshire and Arizona, are exploring...

The penny costs nearly 4 cents to make. Here's how much the US spends on minting its other coins The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Months after President Donald Trump called on his administration to cease penny production, the U.S. Mint announced this week that it had made its final order of penny blanks — and plans to stop making new 1 cent coins after those run out. Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed, and more. Many of those expenses have been on the rise — and the penny isn't the only coin entering our wallets today that costs more to make than...

Bitcoin exchange-traded funds (ETFs), a stock market investment that tracks the price of Bitcoin, attracted over $2.5 billion in investments this week as the original cryptocurrency rebounded to new highs. Bitcoin ETFs saw their largest inflows in weeks as the underlying currency reclaimed its recent losses and achieved a new all-time high of $111,000 on Thursday. IBIT, the Bitcoin ETF issued by asset management giant BlackRock, raked in $877 million on Thursday, the largest single day inflow of any ETF in history, according to Eric Balchunas, an ETF analyst. “$IBIT was #1 among ALL ETFs in flows yesterday,” Balchunas commented. He attributed the buying action to excitement around Bitcoin’s new all-time high, noting the achievement as...

Crypto billionaire Justin Sun was listed as the top holder of President Donald Trump's meme coin. Crypto billionaire Justin Sun said he received a $100,000 Trump-branded watch at President Donald Trump's meme coin dinner at the Trump National Golf Club outside of Washington DC on Thursday. The top 220 holders of the token were invited to the event. Photos and video of the event show Sun posing with his fellow attendees. He signed a print-out of a leaderboard showing he was first among the top 220 Trump coin holders. Sun said he was gifted a Trump Tourbillion watch, which retails for $100,000, another of the president's private business interests that remain ongoing during his second term. The top 25 holders were treated to a more...