Arthur Hayes, co-founder of BitMEX, is optimistic that the price of Bitcoin will jump high due to current geopolitical tensions and their impacts on the economy. According to Hayes, war, especially in the Middle East, has a sobering impact on the US’s rush to increase government spending, which means more money printing and inflation. Arthur…

Solana meme coin Goatseus Maximus reverberated significant optimism across the broader crypto market on Wednesday, securing listing on a major cryptocurrency exchange. GOAT price skyrocketed nearly 150% as the renowned exchange Crypto.com recently revealed plans to list the token. Meanwhile, market watchers continue to speculate whether the listing could help the token sustain a price…

XRP price has been caught in a tight trading range over the past two weeks, fluctuating between $0.55 and $0.52. The price has been largely influenced by ongoing developments in the SEC v. Ripple lawsuit, keeping investors on edge. However, a new wave of market uncertainty has emerged as Tesla reportedly transferred 11,500 BTC to…

Italy has caused a bustle across the global crypto sector on Wednesday, raising tax orbiting virtual assets. In an unprecedented mover, President Georgia Meloni-headed country recently announced plans to increase capital gain tax on Bitcoin and cryptocurrencies to 42%. This significant hike, overflowing from an earlier tax rate of 26%, has tightened investors’ exposure to…

The Ripple Vs SEC battle has further intensified with Bitnomial revealing key updates recently. Notably, the Bitnomial Exchange has recently sued the US SEC as the agency claims that the XRP Futures are “Security Futures.” However, amid this, pro-XRP lawyer Bill Morgan has shed light on the key reasons why the agency has continued its…

Elon Musk, known for being a fan of Dogecoin meme coin, has donated nearly $75 million to America PAC to back Donald Trump in his presidential race. Musk has also pushed forward efforts regarding the proposed Department of Government Efficiency (DOGE) and campaigning with Trump, currently throughout Pennsylvania. Elon Musk Donates Massive $75 Million In…

Crypto exchange pioneer Binance has once again reverberated optimism for EigenLayer (EIGEN) across the broader market on Wednesday, expanding offerings for the token. Intriguingly, the exchange revealed that it is adding the crypto to loanable assets and VIP loans, sparking investor enthusiasm globally. Meanwhile, market watchers speculate whether the enhanced offering could propel a reversal…

Ilya Lichtenstein, the mastermind behind the biggest-ever hack of crypto exchange Bitfinex, must face 5 years of prison sentence, US prosecutors urged to a district judge in Washington. Lichtenstein and his wife Heather Morgan plead guilty to the money-laundering conspiracy tied to the $6 billion hack of the Bitfinex exchange. Prosecutors Demand 5 Years of…

SingularityDAO, Cogito Finance, and SelfKey have announced a strategic merger to form Singularity Finance. This new entity will enhance the tokenization of the artificial intelligence economy through a specialized Layer-2 network. The unified platform will introduce the SFI token as its core network token, consolidating the three existing tokens, SDAO, CGV, and KEY, into a…

Cryptocurrency Prices Today, October 16: The broader market’s movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement. Besides, Litecoin (LTC) and Chiliz (CHZ) prices gained 4%-7%, emerging as the day’s top gainers. Simultaneously, the global crypto market cap…