Cryptocurrency
South Korea’s KB Financial Completes Stablecoin Pilot for Offline Payments
KB Financial Group, the parent company of South Korea's largest bank, KB Kookmin, completed a stablecoin pilot for offline payments and cross-border remittances through the Kaia blockchain.KB tested the lifecycle of a South Korean won-denominated stablecoin, including issuance, merchant...
Cryptocurrency
XRP Price At $10,000 Isn’t Possible Now: Pundit Says Only This Move Will Make It Happen
Crypto pundit BarriC has said that an XRP price rally to $10,000 isn’t possible at the moment. He also revealed what needs to happen for the altcoin to potentially reach this level and even rally to $50,000.
Pundit Says XRP...
Cryptocurrency
Bitcoin Analysts Debate ‘Sell in May’ Pattern
Crypto analysts are divided over whether markets will see a major Bitcoin sell-off in May, a pattern that has emerged in the last two bear markets during US mid-term election years. In May 2018, Bitcoin crashed from nearly $10,000 to...
Cryptocurrency
HYPE pops 7%, beating bitcoin declines, as SpaceX pre-IPO lands on Hyperliquid
Hyperliquid's HYPE token rallied 7% over 24 hours after Trade.xyz launched the first pre-IPO perpetual market on the platform, offering synthetic exposure to SpaceX at a reference valuation of $1.78 trillion.
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Cryptocurrency
Bernstein Sees Figure Q1 Proves Uniqueness of Blockchain Marketplaces
Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces.Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and...
Cryptocurrency
Expert Warns 2-Year Nasdaq Bubble Phase Beginning, Urges Investors to Position Now
Key TakeawaysThis week, Clem Chambers told Kitco that the Nasdaq two-year bubble will be driven by AI spending and U.S. deficit money printing.Gold at $4,700 acts as the key signal for Trump’s Beijing summit outcome and Taiwan risk. Following...
Cryptocurrency
Michael Saylor Signals Weekly BTC Buy While Pushing STRC Proxy Vote
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be buying more of the cryptocurrency in the week ahead while also encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the...
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Estonia says Nato jet shot down drone over its territory
"We received early information from Latvia about a drone that had strayed off course, and Estonia tracked the drone...