The cryptocurrency market is experiencing heightened volatility amid an escalating feud between President Donald Trump and his former head of the Department of Government Efficiency, Elon Musk, over the state of the U.S. economy. Cardano’s ADA has also seen extreme price swings amid market uncertainties. After dropping from $0.688 to $0.621, ADA found strong support…
Registered voters in New Jersey will soon decide who their party candidates will be for the state’s 2025 gubernatorial race, and positions on digital assets could influence the outcome. On June 5, one Republican and two Democratic candidates for the governor of New Jersey addressed a crowd of cryptocurrency-minded voters at a rally organized by…
Toncoin among cryptocurrencies that saw significant price volatility amid the tussle between President Trump and Elon Musk on the state of the U.S. economy. The TON token saw a sharp 7.7% correction on June 5th, according to CoinDesk Research’s technical analysis model. After dropping from $3.25 to $3.00, the asset found “strong support” at the…
Cryptocurrency exchange Gemini has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC), according to a June 6 press release. Gemini filed a confidential draft registration statement on SEC Form S-1, which allows a company to file for IPO before publicly disclosing sensitive information. The filing comes amid renewed…
Apple, Airbnb, Google and Elon Musk’s X are holding early discussions with crypto companies about integrating stablecoins into their payment systems, according to people familiar with the matter who spoke with Fortune. The tech giants see stablecoins as a way to cut transaction costs and streamline international payments. Stablecoins are digital tokens pegged to fiat…
The House of Streams, a Netflix series licensed for the UK and Ireland, will feature online streamers in competitions to take home one Bitcoin. According to the show’s website, eight contestants with a combined four million followers will appear on the reality TV series, set to premiere on June 18. The series will reportedly have…
Crypto prediction market Polymarket and Elon Musk-led artificial intelligence (AI) firm xAI — which owns X, the social media platform formerly known as Twitter — announced a partnership on Friday. Proud to announce Polymarket’s partnership with X and xAI as their Official Prediction Market Partner,” Shayne Coplan, the prediction platform’s CEO, posted on X. “The…
Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital sent a letter to the US Securities and Exchange Commission (SEC) urging a return to the “first-to-file” principle of approving ETF applications in the order they were submitted to the regulator. The companies argued that by failing to abide by the first-to-file principle, the default process…
Polkadot bullish momentum has potentially returned, after the token retook an important support level at $3.96, according to CoinDesk Research’s technical analysis model. DOT experienced a 7% correction from $4.038 to a low of $3.753 before establishing “strong support” and rebounding strongly, according to the model. The token is currently 1.3% lower, trading around $3.97….
Arca Chief Investment Officer Jeff Dorman said the digital investment company has sold all of its Circle shares following the stablecoin company’s recent listing on the New York Stock Exchange. The update followed a scathing open letter published by Dorman on social media on June 5, criticizing Circle for giving the investment firm a “throwaway”…