Cryptocurrency

Stay up-to-date on the latest news and developments in the world of cryptocurrency. Our cryptocurrency news category covers everything from Bitcoin and Ethereum to emerging altcoins and blockchain technology.

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Solana Surges as Donald Trump Reelection Sparks ETF Optimism

Solana (SOL) rallied to $188, reaching a six-month high as investors respond to Donald Trump’s recent victory in the U.S. presidential election. The Solana price has seen a 3.4% bump over the past 24 hours has pushed its market cap above $88 billion, surpassing BNB to become the fourth-largest crypto, as per CoinGecko data. With […]

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SEC Seeks Court Approval to Dismiss Kraken’s Major Legal Defenses

The U.S. Securities and Exchange Commission has filed a motion in the Northern District Court of California, seeking to dismiss key defenses presented by Kraken in an ongoing legal dispute between the pair. The regulatory watchdog contends Kraken had received prior fair notice when it charged the exchange with violating securities laws by offering crypto

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Polymarket Faces Potential Ban in France After Raking in $3.5B from US Election: Report

France’s National Gaming Authority is reportedly planning to block Polymarket, the blockchain-based prediction market platform that saw $3.5 billion in trading volume during the U.S. presidential election. The regulator is “currently examining [Polymarket’s] operation as well as its compliance with French gambling legislation,” according to a report from French news outlet The Big Whale.  Decrypt

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AI Advocates See Trump Re-election as Industry Boost but Urge Caution on Policy

Supporters of artificial intelligence are welcoming Donald Trump’s re-election as a potential boost for the industry, though careful consideration on policy direction is essential, they say. Trump’s win is “a positive thing” for the artificial intelligence business, said Ray Wu, managing partner at Silicon Valley venture capital firm Alumni Ventures, noting that promoting AI innovation

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BlackRock's Bitcoin ETF Clinches Record $4 Billion Trading Volume Amid Trump Win

BlackRock’s iShares Bitcoin Trust (IBIT) achieved its highest-ever daily trading volume of $4.1 billion Wednesday evening amid a record-setting price for the world’s largest crypto. Bitcoin swelled early in the presidential race, reaching a fresh all-time high above $75,000 shortly after Donald Trump’s victory. US-based spot Bitcoin exchange-traded funds have stood to benefit. IBIT recorded

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US Election Results a Validation on Prediction Markets, Crypto Experts Say

Was it a stroke of luck or an industry-defining triumph? That’s the question that statisticians and pollsters are left with following Donald Trump’s White House victory, envisioned by traders weighing in through prediction markets like Kalshi and Polymarket.  Of course, the Crypto Twitter crowd was quick to call it a crystal-ball moment. “Those ‘prediction market

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AI is Boosting Developer Ranks Not Replacing Jobs: GitHub

You might think AI is coming for developers’ jobs—after all, AWS CEO Matt Garman predicted most developers won’t be coding within two years, and former Stability AI CEO Emad Mostaque gives programmers just five years. But GitHub’s latest data tells a strikingly different story. According to a recent report, developer activity hit unprecedented levels in

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JP Morgan Rebrands Blockchain Platform, Plans On-Chain Foreign Exchange Services

Financial services firm JP Morgan has rebranded its blockchain-based platform to Kinexys, as it prepares to launch foreign exchange services to serve a growing number of users. Launched as JPM Coin in 2019 and later renamed to Onyx, the blockchain platform will offer forex transactions to serve its expanding list of global clients, JP Morgan

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