XRP Charges Ahead in 2025
Technical Breakout and Institutional Demand Drive Target to $3.40 Once subdued under regulatory pressure, XRP is now rocketing toward new market highs. With a year-to-date (YTD) gain of +35%, it leads among the top ten cryptocurrencies and has climbed to…
Peter Thiel Launches Erebor Bank, Aiming to Build the “Next Generation Silicon Valley Bank”
Supporting AI, Crypto, and Defense Tech Startups to Fill the Post-SVB Financial Void Renowned Silicon Valley investor and co-founder of PayPal and Palantir, Peter Thiel, has announced the launch of Erebor Bank, a new financial institution founded in partnership with…
$236 Million Cryptocurrency Crime Ring Busted
Recently, the U.S. Department of Justice announced a major development: twelve defendants have been formally indicted for their involvement in a large-scale cryptocurrency crime operation. This case not only highlights the rampant criminal activity in the crypto sphere but also…
Bitcoin Mining Centralization in the U.S. Raises Concerns Over Future Risks
A new report from the Cambridge Centre for Alternative Finance (CCAF) highlights a major shift in the global Bitcoin mining landscape, revealing that the United States now controls an overwhelming 75.4% of the global Bitcoin network’s hashing power. This figure,…
Bitcoin’s Post-Halving Performance Falls Short of Expectations Amidst Macroeconomic Challenges
Bitcoin’s Struggle in the Current Economic Landscape Bitcoin, the world’s largest cryptocurrency, has experienced a price increase following its halving event in April 2024, yet its post-halving performance has been the weakest on record in terms of percentage growth, according…