Author: cryptonews7

Make America Great Again baseball hat. Source: Alexander – stock.adobe.com Key Takeaways: Circle has donated 1 million USDC to Donald Trump’s Inauguration Committee, signaling increasing mainstream acceptance of stablecoins. CEO Jeremy Allaire emphasized the donation as a milestone for digital assets, highlighting USDC’s $44 billion market share in the $203 billion stablecoin market. The donation has sparked optimism in the crypto industry regarding potential pro-crypto policies during Trump’s second term. Stablecoin issuer Circle has donated 1 million USD Coin (USDC) to President-elect Donald Trump’s Inauguration Committee, as confirmed by CEO Jeremy Allaire. The acceptance of USDC highlights the growing adoption…

The Remittix project is exciting crypto and DeFi enthusiasts—and for good reason. By tackling one of the most persistent challenges in the DeFi industry, Remittix offers a seamless way to bridge crypto assets with fiat systems, simplifying global transactions. Unlike anything seen before, the platform lets users transfer crypto directly to bank accounts, bypassing the need to sell or liquidate their assets.Its user-centric model ensures simplicity: input the recipient’s bank details, specify the amount in fiat, and let Remittix handle the rest—all with zero hidden fees or additional charges. This flat-fee structure is a game-changing that will also draw individuals…

Bitcoin’s price (BTC) is making significant gains on Tuesday, January 14, 2025, adding over $2,000 to its value. However, Monday saw the market shaken, with the price briefly dropping to a two-month low below the critical $90,000 psychological level.In this article, I review what triggered the sudden drop, why the Bitcoin price is going up today, and how to interpret the bullish pin bar above the 50-day exponential moving average—a potentially strong buy signal.On Tuesday, Bitcoin is trading above $97,000 on Binance, marking its highest value in a week. The cryptocurrency is currently up 2.7%, with altcoins following suit. Ethereum…

n 2017, Bitcoin Cash (BCH) made waves by promising quicker, cheaper transactions and aiming to enhance Bitcoin’s scalability. Fast forward to 2025, BlockDAG is capturing attention with its imminent debut on 10 major exchanges, signaling its aim to seize a substantial segment of the cryptocurrency market. As a project with an impressive presale outcome and an expanding community, BlockDAG (BDAG) draws parallels to Bitcoin Cash at its zenith, offering similar accessibility and market influence. BlockDAG’s Presale Success: A Promising Start BlockDAG kicked off with a groundbreaking presale, gathering $180 million, showcasing robust buyer confidence. The presale’s 27 batches saw BDAG…

The crypto market is struggling with Binance Coin (BNB) in the red zone. At press time, BNB price was trading at $666.30. It was a 4.24% drop in the past 24 hours and an 8.45% decrease in one week. BNB has a total market cap of $97.26 billion with a circulating supply of 150 million tokens. Current 24-hour trading volume is of $1.15 billion. Rising Wedge Formation Indicates Bearish Outlook According to The Crypto Titan’s analysis, BNB’s weekly chart shows a rising wedge pattern, a technical structure that often signals a potential bearish reversal. The pattern is marked by higher…

Cardano (ADA) has been showcasing a bullish macro outlook, suggesting the crypto is primed for a significant price jump upon breaking out from its current symmetrical triangle pattern.  However, for ADA to achieve this rally, support from broader market conditions, in addition to the investors who are seemingly preparing for a jump, will be essential. Cardano Investors Are Optimistic Cardano’s Mean Coin Age (MCA) is once again on the rise, signaling renewed optimism among holders. An uptick in MCA indicates that investors are choosing to hold onto their ADA rather than selling, a trend that reinforces the asset’s resilience and…

Exploring the Ripple Effects of Insider Trades in the Crypto WorldThe cryptocurrency market is buzzing with speculation following a high-profile stock sale by Emilie Choi, Coinbase Global’s Chief Operating Officer. Her decision to offload 1,500 shares, amounting to $447,465, has prompted questions about the potential impact on the broader crypto landscape.Decoding Insider StrategiesAs Coinbase’s stock fluctuates between a wide twelve-month range of $114.51 to $341.75, Choi’s repeated sales have intrigued analysts and investors alike. Although the company’s stock is performing robustly, with recent trades around $310.98, Choi’s actions suggest a strategic move that reflects deeper market insights.The Unspoken ImpactsWhile Choi’s…

UVA Basketball guard Dai Dai Ames. Photo: Mike Ingalls/AFP How much is Dai Dai Ames in UVA Basketball coach Ron Sanchez’s doghouse? Andrew Rohde, who replaced Ames as the starting point guard, was battling the flu ahead of Saturday’s game at Stanford, and Sanchez still started Rohde over Ames. “He really battled in the first half, and, you know, really tried in the second half. Just didn’t have his level of competitiveness and energy. Kind of battling some flu-like symptoms. He was throwing up at halftime. Give him a lot of credit for even trying. Some toughness there,” Sanchez said…

The cryptocurrency market has surged today, driven by a 69% increase in trading volume over the past 24 hours. This heightened activity has propelled the overall market value upwards, with several altcoins recording gains.  ai16Z (AI16Z), Virtuals Protocol (VIRTUAL), and aixbt by Virtuals (AIXBT) are some of the altcoins trending today with notable price rallies. ai16Z (AI16Z) During Tuesday’s early Asian session, a crypto whale withdrew 5.64 million AI16Z tokens, valued above $6 million, from Gate.io. This transaction adds to the whale’s growing holdings, which now stand at 15.95 million AI16Z, worth approximately $17.86 million. Exchange outflows such as this…

Circle, the global fintech company, has made a $1 million donation in USD Coin (USDC) to the Inaugural Committee of President-elect Donald Trump. On January 9, Circle CEO Jeremy Allaire took to X to announce the company’s donation. “We are excited to be building a great American company,” Allaire wrote. He also emphasized that the Committee’s acceptance of USDC payments reflects significant progress and underscores the growing potential and influence of digital currencies. USDC, a stablecoin developed by Circle, is pegged to the U.S. dollar, providing stability within the volatile cryptocurrency market. It is extensively utilized for trading, lending, and…