The crypto industry has been dominated by the recovery of major cryptocurrencies and regulatory developments, but one unexpected player has taken the market by storm. Black Phoenix, a payment system protocol, and its native token, BPX, have witnessed an astonishing surge in price, outperforming the entire market with historical performance. Notably, Black Phoenix’s BPX token
Topline The House passed legislation Wednesday evening that would give oversight authority over most forms of cryptocurrency to a more industry-friendly agency—potentially putting President Joe Biden in the difficult position of deciding whether to go against his own SEC chairman and refuse a veto as former President Donald Trump courts the industry in his 2024
According to Bloomberg, the Financial Conduct Authority (FCA), the UK’s financial regulator, has approved the first cryptocurrency exchange-traded products (ETPs), marking a milestone in the UK’s approach to digital asset investment. An ETP is a type of security traded on stock exchanges, similar to individual stocks. ETPs are designed to track the performance of a
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, rallied close to its all-time high of $73,000 as it surpassed the $71,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board as the overall
Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three months of this year, Reuters reported Monday (May 20), citing data from PitchBook. That report frames this as a tentative signal that venture capital (VC) investors have regained interest in the
Cryptocurrency spot trading cooled last month for the first time in seven months. It was a trend driven by a dwindling likelihood of interest rate cuts and slower inflows into U.S.-listed spot bitcoin exchange-traded funds (ETFs), Seeking Alpha reported Saturday (May 18), citing numbers from researcher CCData. According to that data, spot market volume on exchanges such as Coinbase,
The cryptocurrency world is full of fantastic surprises. While one may find it hard to maneuver the trends that this domain keeps introducing to the world, if mastered once, this vertical is capable of enriching lives and generations to their fullest. There are certain coins rife in the vertical that harbor a robust infrastructure. These
Bitcoin Bitcoin and cryptocurrencies—including major coins ethereum and XRP XRP —are braced for a game-changing vote in Washington next week (even as a Wall Street bitcoin storm is brewing). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” in the aftermath of bitcoin’s halving earthquake! The bitcoin
With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside. Ahead of the second leg of the crypto bull market that is suppose to happen
In 2016, the world of cryptocurrency was still in its nascent stage, shrouded in complexity and largely confined to tech enthusiasts and early adopters. The jargon was intimidating, the user interfaces were clunky, and the general public viewed crypto as a mysterious, almost esoteric domain. It was in this environment that I stumbled upon crypto