Trump Media And Partners Raise $6 Billion For The First CRO Treasury
The Trump Media & Technology Group (TMTG) announced on Tuesday that it has partnered with the digital asset platform Crypto.com and the special-purpose acquisition company Yorkville to create the first Cronos (CRO) treasury. New CRO Treasury Project The announcement details a definitive agreement between these entities to form Trump Media Group CRO Strategy, Inc., a…
Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury
The trend of companies establishing crypto treasuries is gaining momentum, with Sharps Technology—a small player in the medical device and pharmaceutical sector—being the last to announce a plan to raise $400 million through a stock sale aimed at funding Solana (SOL) treasury. New Solana Treasury In The Makings The capital raise, which is set to…
Dogecoin Price Technicals Confirm Support, Mid-Term Target Now $1.85
Technical analysis shows Dogecoin is about to confirm a support on the weekly candlestick timeframe chart after managing to hold up above $0.21 in the past week. After several weeks of mixed sentiment between bulls and bears, Dogecoin’s price action now seems to be shifting in favor of buyers, and price action on the weekly…
VanEck’s New Spot Solana ETF Filing, Leveraging JitoSOL As Backbone
On Friday, VanEck, asset manager and cryptocurrency exchange-traded fund (ETF) issuer, announced a new filing for a spot Solana ETF backed by JitoSOL with the US Securities and Exchange Commission (SEC). This marks a significant change from other crypto ETFs as it would be the first fund to utilize a liquid staking token. A New…
Ethereum Breaks 8-Year Resistance Against Bitcoin – Details
Ethereum has staged a strong performance over the past 24 hours, with its price rallying close to its previous all-time high. According to data from CoinGecko, ETH climbed as high as $4,837, just a touch below its 2021 peak of $4,878. The surge came after Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where…
Crypto Founder Predicts Ethereum Price To Touch $20,000 As Fed’s Powell Turns Dovish
The Ethereum price outlook is heating up as market optimism collides with shifting monetary policy signals. BitMEX co-founder Arthur Hayes has projected that Ethereum could surge to $20,000, citing strengthening market dynamics and favorable macro conditions. The bold forecast comes just as Federal Reserve Chair Jerome Powell adopts a more dovish tone, indicating a possibility…
$12-Billion Stablecoin Issuer Says XRP Is Ready For Integration And Onboarding
XRP is now on the verge of being integrated into the backing of USDe, the $11.8-billion stablecoin issued by Ethena Labs. The company’s risk committee recently confirmed that XRP has passed all thresholds required under its newly launched Eligible Asset Framework, which puts it alongside BNB and HYPE as top candidates for onboarding. XRP’s massive…
Analyst Says Dogecoin Price Is Entering Expansion Phase – Here’s What It Means
According to crypto analyst Cas Abbé, Dogecoin’s current movement suggests it is stepping into a new expansion phase after an extended period of accumulation. This development comes after months of relatively muted sentiment with strong price support, which now appears to be forming the groundwork for another strong breakout. Notably, technical analysis of various charts…
Bitcoin, Ethereum, XRP, BNB On The Rise Following Powell’s Fed Speech
The cryptocurrency market experienced a significant surge on Friday, with Ethereum (ETH) and Bitcoin (BTC) leading the charge and reviving the upward momentum seen in the previous week that had propelled it to new all-time highs. Among the notable developments, the market’s leading altcoin skyrocketed above the $4,700 mark while recording double-digit gains and edging closer…
Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market
Bitcoin (BTC) recently surged to a new all-time high, surpassing $124,000, only to experience a subsequent drop of 9%. This volatility has sparked widespread speculation about the current state of the bull market, the potential for an ongoing “alt season,” and whether Bitcoin has reached its peak. In light of the current price action, market…