Crypto News

Phantom Achieves $3 Billion Valuation Following $150 Million Funding Round

Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $3 billion valuation after raising $150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund influx, accelerating crypto adoptionSource link

XRP Volume Overtakes Bitcoin on Coinbase as U.S. Investor Interest Grows

XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the Nasdaq-listed cryptocurrency exchange that's seen as a proxy for U.S. demand.Bitcoin retained its position as most-traded crypto asset on Binance, the largest exchange by volume, which is off-limits to U.S. investors.Volume trends are consistent with the recovery in the U.S. demand for XRP, which is closely linked to blockchain-based payment network Ripple, as presaged by the Coinbase premium indicator a week ago.Interest in XRP, the biggest gainer following Donald Trump's election victory in November, increased after Ripple CEO Brad Garlinghouse met the president-elect almost two weeks ago. It's also been supported by speculation of a spot XRP exchange-traded fund (ETF)...

2025 Market Dynamics: Balancing Tech, Inflation, and Energy Shifts

Explore 2025's market dynamics as investors navigate tech innovation, inflation hedges, and energy shifts, while managing risks from spending cuts and inflation according to VanEck's analysis. (Read More)Source link

War, Tariffs, and Federal Reserve: Challenges for Emerging Markets in 2025

Emerging markets face significant risks in 2025 due to geopolitical tensions, trade tariffs, and Federal Reserve policies, as highlighted by recent analyses. (Read More)Source link

US Lawmaker’s New Role Could Skyrocket America’s Digital Assets Sector

Tom Emmer’s new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom Emmer of Minnesota has been appointed Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. TheSource link