The cryptocurrency appears to have stabilized, and if everything falls into place at the right time, a holiday rally might be in order. The Catalyst That Could Push Bitcoin Higher Before the Holidays It went largely unnoticed, but on Wednesday, Treasury Secretary Scott Bessent wrapped up several important interviews with five candidates, all vying for […]
Tether pushed back Wednesday after S&P Global Ratings downgraded USDT’s stability assessment to its lowest tier, arguing the agency relied on outdated assumptions and ignored the stablecoin’s decade-long record of maintaining its peg. Tether Rebukes S&P After USDT Stability Score Falls to Lowest Tier S&P cut USDT’s stability score to 5 — the weakest level […]
South Korea’s top crypto exchange Upbit is preparing a path toward a Nasdaq listing as part of a forthcoming merger with tech conglomerate Naver, positioning the exchange for a higher global profile. Upbit Charts U.S. Listing Course Through Dunamu-Naver Tie-Up Upbit’s plans were reported exclusively by Seoul Economic Daily (sedaily.com), which said the exchange’s parent […]
The cryptocurrency market experienced a brutal flash crash in the early hours of Nov. 21, driving bitcoin from above $ 85,000 to a low of $ 82,032 in minutes. The sell-off caused the total crypto market capitalization to drop below $ 3 trillion. Altcoins Decimated In a brutal flash crash during the …
Kalshi raised $ 1 billion at an $ 11 billion valuation, fueled by surging trading volume and returning investors Sequoia and CapitalG. Kalshi, a prediction‑market platform, secured a $ 1 billion financing round that values the company at $ 11 billion, people familiar with the deal told Techcrunch on Nov. 20, …