Author: admin

Join Our Telegram channel to stay up to date on breaking news coverage A Spanish research institute is set to cash in on a forgotten $10,000 Bitcoin buy from 2012 that’s surged 1,000x to $10 million The Institute of Technology and Renewable Energies (ITER), run by the Tenerife Island Council, acquired 97 BTC over a decade ago as part of a blockchain research project, according to a report by the Spanish-language newspaper El Día. Tenerife’s innovation councillor Juan José Martínez said the council is now finalizing plans for the sale with an approved Spanish financial institution. Proceeds will fund new…

In brief MyPrize’s social gaming app will now feature Crypto.com prediction market contracts, joining distributors like Hollywood.com and Trump Media in the rapidly growing $2 billion+ weekly trading volume industry. The deal reflects the convergence of social platforms and financial markets, as Crypto.com makes use of its CFTC-regulated derivatives exchange license to expand prediction market distribution. Similar distribution deals are proliferating across the industry, with Kalshi joining with Robinhood and FanDuel launching its own prediction market app through CME. Social gaming app MyPrize is taking a punt on prediction markets, signing a distribution deal with crypto exchange Crypto.com’s North American…

Tether, the world’s largest stablecoin issuer, has once again shattered expectations with a record-breaking $3.3 billion profit in Q3 2025, pushing its year-to-date earnings past $10 billion. The report cements Tether’s status as not just a digital finance leader but also one of the most profitable privately held companies globally. With USDT circulation surging to $174.4 billion and new token issuance exceeding $17 billion during the quarter, Tether’s growth trajectory showcases a rare combination of profitability, liquidity, and market dominance in an increasingly competitive stablecoin ecosystem. A Profit Powerhouse in a Volatile Market Tether’s latest attestation report highlights a financial…

Google will be bringing prediction market odds from Polymarket and Kalshi directly in Google Search and on its revamped Google Finance platform, giving users access to crowd-based forecasts on key future events.The move is part of a broader rollout of features aimed at making Google Finance more interactive, AI-powered and globally accessible. For now, the prediction market data will be shown in response to natural language queries such as “Will the U.S. enter a recession in 2025?” or “Who will win the 2024 U.S. presidential election?” Users will see real-time market odds, along with charts showing how probabilities have shifted…

SUI, the native token of the Layer-1 blockchain Sui, dropped 2.5% to $1.98 on Thursday, slipping below the $2.00 level that had acted as a key psychological and technical support.The move came amid heightened volatility and a notable spike in trading volume, pointing to growing institutional activity near critical price levels.The token’s price fell from an intraday high of $2.03, forming a series of lower highs across a $0.15 range. Trading volume surged to 31.18 million tokens — about 180% higher than the daily average — during a failed bounce attempt at the $1.96 mark. That bounce coincided with strong…

What is Cloud Mining, And Why Has It Become So Important in 2025?In the past, Bitcoin mining meant dealing with noisy hardware, high electricity costs, and complex technical barriers. By 2025, the emergence of cloud mining has completely revolutionized the field—users only need to rent computing power from remote data centers to earn cryptocurrency returns easily.With cloud mining, you don’t need to buy or maintain any equipment. Simply select a computing power package on the platform, and the rest—configuration, maintenance, and payout—is fully managed by the provider.Main advantages include:– No need to bear equipment purchase or electricity consumption– Operate anytime…

ARK Invest’s Cathie Wood has cut her long-term Bitcoin price projection by $300,000, warning that stablecoins are eroding Bitcoin’s role as a store of value in emerging markets.“Stablecoins are usurping part of the role that we thought Bitcoin would play,” Wood, who previously forecast a top BTC price of $1.5 million by 2030, told CNBC on Thursday.“Given what’s happening to stablecoins, which are serving emerging markets in a way that we thought Bitcoin would, I think we could take maybe $300,000 off that bullish case, just for stablecoins.Stablecoins are scaling here, I think, much faster than anyone would have expected,”…

Dogecoin price currently hovers near $0.15 support amid rising liquidation pressure. Analysts predict a rebound, targeting up to $0.48 by early next year. Technicals remain weak, but oversold signals hint at a possible recovery. Dogecoin (DOGE) is at the centre of market attention as the broader crypto sector struggles to stabilise. The popular meme coin has extended its recent losses, but some analysts believe a major rebound could be in the making. Despite the current downturn, optimism is quietly building that the Dogecoin price could soon “burst” upward if key technical levels hold. Market pressure builds as DOGE tests key…

NEW YORK — The U.S. government shutdown is now the longest on record, breaking the previous 35-day record on Wednesday as lawmakers continue to be at an impasse over funding the federal budget — an impasse that may be strengthened by Tuesday night’s sweeping win for Democrats in an off-year election.Expectations had been growing that Democrats might give in on their demands and vote to fund the government as soon as this week or early next week without winning concessions in their effort to address healthcare premiums that rose this month. But Tuesday’s election may further delay any dealmaking between…

The price of XRP has dropped to $2.21 despite record usage of XRPL’s native DEX, revealing a worrying market divergence. The XRP Ledger’s native decentralized exchange (DEX) just hit an all-time high of 954,000 daily transactions on November 4, according to on-chain data. While this activity marked one of the busiest days in recent months for the network, the market performance of its associated XRP token presents a different picture. Record XRP DEX Activity Fails to Lift Price At first glance, the increase in the number of transactions appeared to signal stronger network health and adoption within the XRP…