Growing

Bitcoin, XRP, Ether Recoup Overnight Losses as Analysts Point to Growing Threat to Fed Independence

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Major cryptocurrencies have reversed overnight losses, with analysts asserting that Wednesday's Fed decision underscored President Trump's growing influence over the central bank, strengthening the long-term bullish case for crypto. The Fed kept the benchmark interest rate steady at 4.25% as expected, and Chairman Jerome Powell dampened prospects of renewed rate cuts from September, stressing that … Read more

Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan

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Coinbase’s (COIN) partnership with Circle (CRCL) and exposure to Circle's USDC stablecoin is generating significant financial upside, both through equity appreciation and high-margin revenue streams, according to a new report from Wall Street bank JPMorgan. The total value of Circle-related economics to Coinbase shareholders is estimated at $55 to $60 billion, the bank said, suggesting … Read more

Ghana Plans Crypto Firm Licensing in Response to Growing Demand: Bloomberg

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Ghana is set to begin licensing cryptocurrency platforms in response to a surge in demand for digital assets in the West African country, Bloomberg reported on Thursday. The country's central bank is finalizing a regulatory approval to submit to parliament by September, according to the report, citing an interview with Bank of Ghana Governor Johnson … Read more

PNC Bank to Offer Crypto Access Through Coinbase Amid Growing Institutional Demand

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PNC Bank (PNC) is partnering with Coinbase (COIN) to offer its institutional and banking clients access to cryptocurrency services, the companies said Tuesday. The collaboration will use Coinbase’s “Crypto-as-a-Service” infrastructure to let PNC clients buy, hold and sell digital assets securely. PNC will also provide banking services to Coinbase, deepening the operational ties between the … Read more

‘Growing Strong in India’: Shiba Inu Said to Be Top Traded Memecoin on WazirX in March

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The month of March proved to be quite the lucrative period for the overall cryptocurrency sector. While Bitcoin attained its new all-time high and Ether came close to creating its own, several altcoins also recorded a notable upswing in their respective trajectories. Indian crypto exchange WazirX, on April 2, released a list of the five … Read more

Louisiana Joins Growing List of US States that Support Crypto Mining

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Louisiana has become the latest US state to support cryptocurrency mining, as more regions in the country are warming up to digital assets. A newly signed bill is expected to protect the rights of crypto mining individuals and businesses, who can continue to operate in the state as long as they are in compliance with … Read more

Bitcoin, Ether See Minor Gains as Altcoins Show Varied Moves Amid Growing Selling Pressure

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The crypto market is undergoing a period of price correction because of multiple macro-economic factors that are bringing volatility in the market. On Wednesday, July 10, Bitcoin showed a gain of over two percent, taking its value to $59,304 (roughly Rs. 49.5 lakh) on international exchanges like CoinMarketCap. On Indian exchanges, meanwhile, BTC managed to … Read more

UNODC Proposes Penalties for Unlicensed Crypto Firms in Southeast Asia to Combat Growing Cyber Fraud

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A recent report by a UN body highlights the rapid rise of crypto-related cyber fraud in Southeast Asia. The United Nations Office on Drugs and Crime (UNODC) estimates that the region suffered financial losses of around $37 billion (roughly Rs. 3,10,663 crore) from scams in 2023 alone. To counter this growing trend, the UNODC has … Read more

Apple Highlights Siri’s Privacy-Focused Approach Amid Growing Data Security Concerns

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Apple issued a statement on Wednesday highlighting the company’s commitment to protecting user data processed by Siri. The statement came just days after the Cupertino-based tech giant agreed to settle a proposed class action lawsuit that claimed that Apple recorded private conversations with the voice assistant and sold them to third parties such as advertisers. … Read more

Price Surges Over 6% Amid Growing Institutional Demand

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At the time of writing, solana is trading at around $166.28, up 6.23% in the past 24-hour period, according to CoinDesk Research’s technical analysis model. Upexi (UPXI), a Tampa-based consumer brands company listed on Nasdaq, announced Friday it has secured approximately $200 million in new financing through a combination of equity and convertible note offerings. … Read more