News

XRP has seen a massive surge in value, increasing by over 439% in the past month and 86% in the last week to reach $2.70, its highest level since 2018.

The Fairshake PAC flooded money into political campaigns — in one case $40 million — and the new faces join an already hefty group of lawmaker allies.

The founder and former CEO of the failed cryptocurrency lending platform Celsius Network could face decades in prison after pleading guilty Tuesday to federal fraud charges, admitting that he misled customers about the business. Alexander Mashinsky, 58, of Manhattan, entered the plea in New York federal court to commodities and securities fraud. In court, he admitted that in 2021 he publicly suggested there was regulatory consent for the company's moves because he knew that customers “would find false comfort” with that.

Both Bitcoin and Ethereum have undergone serious changes in the last 18 months, with both unlocking the rejuvenating potential of Layer-2 development. The next step for Bitcoin is consolidation. Smaller L2 projects will realize that in order to succeed, they will need to merge into one another. The winning solutions will ultimately be decided by TradFi, which will integrate the best tools, remove UI complexity, and guide mass adoption.

With bitcoin catapulting to new heights, attention is already refocusing on which altcoins might surge to the top next.

(Bloomberg) -- Cryptocurrencies saw few gains on Tuesday, while price swings surged on Asian exchanges after South Korean President Yoon Suk Yeol declared martial law as the country faces a political deadlock in parliament.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsA majority of the largest digital assets were in the red, with market bellwether Bitcoin fluctuating between small gains and loss

As bitcoin bulls grow cautious, wining spotlight shifted to ether ETFs.