Crypto News
An exclusive new South Korean social club that caters to the super-rich and commands a KRW 1 billion ($734,290) annual membership fee could exclude people who made their fortunes from trading crypto, a report has claimed. A reporter from the South Korean newspaper Kookmin Ilbo visited the club, named DYAD Cheongdam, and wrote: “Not everyone…
Backpack halted trading for scheduled maintenance at 10 a.m. UTC on July 3 and reopened two hours later, but the restart triggered account errors that forced CEO Armani Ferrante to promise reviews and compensation. Backpack had warned users on X that the platform would go offline at 10 a.m., enter post-only mode at noon, and…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Anthropic’s advanced AI language model, Claude AI, predicts tidy gains by Christmas for holders of some of the biggest-hitting altcoins. The $2 trillion market cap Bitcoin ($BTC) has gained 1% over the past 24 hours to trade at $109,542, which is just 2% down from its all-time high (ATH) of $111,814 on May 22. Heightened…
June US employment data exceeded forecasts and sets a macro backdrop that could send Bitcoin (BTC) past $200,000, according to a research note from Matt Mena, crypto research strategist at 21Shares. The Labor Department reported that non-farm payrolls increased by 147,000 in June, surpassing the consensus estimate of 110,000, while the unemployment rate fell to…
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Key Takeaways: BoE Governor Andrew Bailey said the definition of a reserve currency is shifting, now centered on liquidity and safety rather than convertibility. He warned that stablecoins could weaken monetary trust if widely adopted outside regulatory frameworks. Bailey called on central banks to reassess their role amid payment innovation and cross-border liquidity risks. Bank…
Stablecoin issuer Tether has signed a Memorandum of Understanding (MoU) with Adecoagro S.A. to explore a strategic collaboration centered on renewable-powered Bitcoin mining, according to a July 3 statement. Adecoagro, one of South America’s leading producers of sustainable agricultural goods and energy, is evaluating how its more than 230 MW of renewable energy capacity can…
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Dogwifhat ($WIF) charged ahead with a 21% price jump over 24 hours, climbing from $0.78 to nearly $0.95. The Solana memecoin has recovered 19% from its lows last week as traders reignite interest in speculative assets. The rally coincides with $WIF’s growing exchange presence and new infrastructure developments, including a Solana validator node, even as…
