Crypto News
Bitcoin Looks to Break Long Streak of Weekend Skids
Bitcoin (BTC) managed to put in a modest rally early in the U.S. trading session on Friday, but the move was quickly snuffed out. Are bulls lightening up positions ahead of the weekend?They could be forgiven for doing so.In his Friday note, Standard Chartered's Geoff Kendrick said bitcoin's price has now declined for five consecutive weekends (measured from 5 pm ET Friday to the same time on Sunday).Among the scares during that timeframe were the DeepSeek AI news and Trump tariff threats."This is not normal," reminded Kendrick, noting that weekend price action for all of 2024 tended to be rather muted, with Mondays and Fridays instead being the time to pay attention for big moves.Failed rally on FridayTurning to the...
Fan Tokens Surge Following Tether’s Juventus FC Investment
Leading stablecoin issuer Tether announced earlier today it has invested in Italian football club Juventus FC, leading to a massive price rise not only for the club’s crypto fan token JUV, but also for other crypto fan tokens.The price of Juventus Fan Token surged more than 200% before seeing a correction that brought the gain back to about 120% over the past 24 hours.The announcement moved the prices of several other fan tokens, with the S.S Lazio Fan token (LAZIO) jumping 11%. Similarly, the FC Porto fan token (PORTO) is up more than 10% for the day.The Tottenham Hotspur fan token, the Paris Saint-Germain fan token, and the Napoli fan token — all tokens associated with European soccer clubs —...
AI-Powered Meme Coin MIND of Pepe Passes $6M Milestone in Trending Crypto Presale
The meme coin space is about to get a whole lot smarter. MIND of Pepe, a new project that combines AI-powered insights with meme vibes, has reached the $6 million mark in its presale. Investors are hyped – convinced this could be the next AI crypto to explode. MIND of Pepe Gives Traders an AISource link
Vitalik Buterin’s ‘Make Communism Great Again’ Post Gets Backlash From Crypto Community
Vitalik Buterin’s post on communism ignited social media, with some backing his claims and translating what he said more favorably, and others bashing his remarks for ignoring the human cost of implementing such ideology. Vitalik Buterin Makes Communism Mainstream Again in Social Media Vitalk Buterin, the famous Ethereum founder, has ignited social media with hisSource link
Coinbase and Aston Martin Seal F1 Sponsorship Deal Paid in Stablecoin USDC
Aston Martin’s Formula One team will sport Coinbase branding this season, with the deal uniquely paid entirely in USDC.Source link