Among the many hot takes and bold statements shared at the Token2049 event in Dubai on 30 April 2025, Tether CEO Paolo Ardoino’s comment took the proverbial cake. “Fiat currencies are memecoins with extra steps,” he said. Although outlandish, the statement did have some truth to it. As Ardoino explained, humans create fiat currencies, changing…
TL;DR A substantial surge in token burning and rising activity on Shibarium suggest renewed momentum could be building for Shiba Inu’s native token. Additionally, recent exchange outflows signal SHIB holders are shifting to self-custody, which supposedly reduces short-term selling pressure. Time for a New Surge? The second-largest meme coin witnessed a solid price increase towards…
As mentioned in last week’s forecast of XAUUSD, gold continued its bearish pattern and broke into the 3200s zone. With global tensions, especially the tariff situation easing out, investors were seen shifting their interest from safe-haven assets and shifting to risk-based assets like stocks, or cryptocurrencies. This week, gold is looking to consolidate before the…
For years, traditional finance folks saw Bitcoin as the wild child of the investing world. Volatile, unpredictable, and probably just a passing trend. Fast forward to now, and the world’s largest asset manager, BlackRock, is flipping the narrative. Their take? It might actually be too risky not to own some Bitcoin. Bitcoin ETF inflows for…
Although BTC failed at $100,000 and the broader market faced a minor 2.1% pullback, U.S. President Donald Trump has doubled down on his pro-crypto stance, calling the asset class “very popular,” “very hot,” and even “much stronger” than the stock market. The comments were made in a May 4 sit down with Meet the Press…
U.S. stocks slipped Monday, ending a historic rally as investors grew cautious over renewed trade tensions and awaited signals from the Federal Reserve. The S&P 500 dropped 0.64% to 5,650.38, breaking a nine-day winning streak — its longest since 2004. The Nasdaq Composite fell 0.74% to 17,844.24, and the Dow Jones Industrial Average dipped 0.24%…
A $8.8 billion international blockchain and crypto innovation center is in the works in the heart of the capital of the Maldives – Malé. The Maldives government has partnered with Dubai-based MBS Global Investments for this ambitious project, which aims to transform the country’s economic landscape. “Due to be completed by 2030, it will be…
[PRESS RELEASE – Dubai, Emirates, May 5th, 2025] Pepeto, a project often referred to as the “God of Frogs,” is positioning itself as more than just another meme coin. While many meme tokens rely solely on hype and short-term trading, Pepeto is focused on building a long-term ecosystem that delivers real utility. While many meme…
Riot Platforms sold 475 Bitcoin in April 2025, marking a major shift from its long-standing 100% Bitcoin holding strategy. The sale included all 463 BTC mined during the month and 12 Bitcoin (BTC) from its reserves, generating approximately $38.8 million at an average price of $81,731 per coin, according to a company release. This is…
Key Takeaways Saylor’s Strategy acquired more Bitcoin as the company ramps up its bet on the asset’s long-term upside. The recent Bitcoin purchase was funded by selling MSTR and STRK shares. Share this article Bitcoin proxy Strategy continues to scale up its BTC exposure. The company said Monday it had acquired another 1,895 BTC between…
