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Bitcoin Four-Year Cycle Could End as Trump Executive Order Reshapes Crypto Market: Bitwise CIO

Trend Digest3 months ago1 week ago05 mins

Trump’s executive order establishes a crypto task force and digital asset reserve, potentially bringing trillion-dollar institutional investments. Growing corporate borrowing for Bitcoin purchases and new lending programs indicate strengthening market fundamentals and demand. Traditional crash expectations may be outdated as institutional adoption and regulatory clarity reshape market dynamics and stability. For years, Bitcoin has followed…

PayPal’s PYUSD Stablecoin Joins Cardano, Enhancing Blockchain Interoperability

Trend Digest9 months ago1 week ago05 mins

PYUSD, launched by PayPal, is now available on Cardano via a bridge by Wanchain, expanding cross-chain options. The stablecoin brings new lending opportunities to Cardano, enabling platforms to offer yield-earning products. PYUSD’s presence on Cardano boosts liquidity, attracting more participants and enhancing the network’s appeal. Cardano is expanding with the integration of PayPal USD (PYUSD)…

JPMorgan Flags High Bitcoin and Russell 2000 Correlation

Trend Digest3 months ago1 week ago05 mins

JPMorgan Analysts say Bitcoin and components of the Russell 2000 index are correlated. This correlation shares insight into linked volatility between the asset classes. Bitcoin headwind remains, but experts see up to $116,000. Analysts at have at the high correlation between Bitcoin and small-cap tech stocks in the Russell 2000 Index. This claim was made…

Locked Cuban X Account Fuels Solana Memecoin Rug Pull Claims

Trend Digest3 months ago1 week ago01 mins

The Cuban government is spotlighted after its X account promoted a rugged CUBA token. This token birthed a series of other related tokens promoted on social media. Recently, the crypto industry has welcomed many memecoins from high-profile celebrities, fueling these token’s embrace. The Launch That Raised Eyebrows Rug Pulls: The Dark Side of Crypto This…

SEC Revokes Crypto Accounting Rule Following Presidential Transition

Trend Digest7 months ago1 week ago07 mins

In a dramatic policy shift, the SEC has revoked a crypto regulation that once shackled banks and custodians, marking a fresh start under the new administration. The controversial rule, introduced in 2022, had drawn fierce criticism from industry leaders who saw it as an unnecessary hurdle for financial institutions dealing with digital assets. Under Biden’s…

Ethereum (ETH) Price on Cusp of Major Bullish Breakout Beyond $4K but There Is Huge Catch

Trend Digest7 months ago1 week ago04 mins

The Ethereum network has faced significant competition from other L1 chains seeking to dominate the DeFi ecosystem. Ether price could drop below $3K again before kickstarting the next major altseason. Less than 48 hours to the close of the first month of 2025, it is more evident that short-term sellers are in control of Ethereum…

Trump’s Crypto Moves Spark $1.9 Billion Surge in Digital Asset Investments

Trend Digest6 months ago1 week ago04 mins

Trump’s executive orders drive investor confidence through the roof, bringing about $1.9 billion inflows. US-based funds dominate, with $1.7 billion in net capital inflows last week. Crypto funds being run by top asset managers closed last week after seeing unprecedented amounts of investments. According to CoinShares, BlackRock, Grayscale, Fidelity, Bitwise, ProShares, and 21Shares recorded net…

Spanish Authorities Partner Industry Firms to Freeze $26.4M in Crypto Crimes

Trend Digest8 months ago1 week ago05 mins

Spanish law enforcement agencies have frozen $26.4 million in illicit crypto funds. The authorities partnered with Tron, Tether and TRM Labs to achieve this feat. There is a growing effort to combat crypto crime in the industry. Spanish law enforcement agencies have taken significant action against international financial crypto crime in partnership with blockchain giants…

Compound (COMP) at Risk of 11% Price Drop

Trend Digest7 months ago1 week ago04 mins

Ali Martinez highlighted that Compound (COMP) is trading in a parallel channel, forming lower highs and lower lows. The prominent analyst predicted a decline of 11% to $69 for the COMP token. COMP is trading at $77.89, surging a substantial 3.6% in the last 24 hours, claiming a market cap of $694.57 million. COMP ,…

OpenSea Launches OS2 Beta Exclusively for Gemesis Holders, Community Questions Fairness

Trend Digest9 months ago1 week ago01 mins

OpenSea has launched access to its upgraded OS2 platform. The access to test and share feedback was limited to Gemesis NFT holders only. This accessibility model has sparked a backlash among members of the OpenSea community. The Perks: What OS2 Brings to the Table Snapshot complete. Block: 21712313Eligible wallets: 49,785 If you were holding a…