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Bitcoin, Ethereum shed gains before looming Fed interest rate hike
With the Federal Reserve expected to raise the interest rate by at least 75 basis points on July 27, the crypto market cap has shed roughly 4% as the value of Bitcoin (BTC), Ethereum (ETH), and other crypto assets have dropped in the last 24 hours. Coinglass data showed that over $150 million in positions…
AMC Theatres now accepts Dogecoin, Shiba Inu
AMC Theatres has partnered with Bitpay to offer various crypto payment options, including Dogecoin (DOGE) and Shiba Inu (SHIB). AMC Theatres CEO Adam Aron announced the development on Twitter. In the tweet, Aron said that people across the U.S. using AMC’s iOS and Android apps could use crypto payments to pay for tickets and other services….
Elon Musk’s $43B bid on Twitter causes DOGE, SHIB to spike
Tesla and SpaceX CEO Elon Musk has made an unsolicited offer to fully acquire social media giant Twitter for a total cash consideration of $43 billion, according to SEC filings. Musk has offered $54.20 per share — representing a 54% premium over the Jan. 28 closing price — to acquire the social media giant. Musk…
Who’s the most active crypto trader in the US Congress?
According to a recent CNBC analysis, eight of the highest-ranked politicians in the US or their immediate family have traded crypto over the past year–with bets spanning from $1,000 to $100,000. Altogether seven Republicans disclosed buying or selling crypto, including Senator Pat Toomey of Pennsylvania. Meanwhile, only one Democrat reported a trade–Representative Marie Newman of…
Celsius is integrating Chainlink PoR to enable auditable wrapped tokens
Celsius announced integrating Chainlink Proof of Reserve (PoR) to enable the creation of auditable and highly secure cross-chain wrapped tokens. With this integration, the popular lending platform that enables users to earn interest on deposited crypto will successfully bridge wrapped versions of Cardano, Dogecoin, and Ethereum to the Polygon mainnet. Chainlink is a blockchain-agnostic protocol…
Elon Musk puts McDonald’s on the spot, wants the fast-food giant to accept DOGE
Tesla and SpaceX founder and CEO Elon Musk urged McDonald’s to accept Dogecoin as payment, posting a tongue-in-cheek dare on Twitter. The pressure is on, with all eyes on the fast-food chain now, which, thus far, hasn’t been accepting crypto payments–outside of El Salvador. Committing to a happy meal on tv “I will eat a happy…
Retail piles into Shiba Inu while institutions remain unfazed by market volatility
While Bitcoin and Ethereum prices successfully held their rebound from last week’s sell-off, Shiba Inu surged following Kraken listing. Crypto investment products recorded inflows totaling $306 million last week, as Bitcoin saw the largest inflows in five weeks, the latest report from CoinShares revealed. However, price pressures led total assets under management (AUM) to decrease…
Shiba Inu and Dogecoin lead popularity charts in 30 U.S. states
More people in the U.S. search for Dogecoin and Shiba Inu than for Bitcoin and Ethereum, a recent study found. According to research conducted by The Advisor Coach, DOGE and SHIB were the most-searched tokens on Google in 30 U.S. states. Americans seem to love their memecoins Strangely enough, being responsible for over 42% of…
U.K. launches an investigation into Floki Inu ads on the London Underground
The Advertising Standards Authority, U.K.’s advertising watchdog, has launched an investigation into a London bus and underground ad campaign for Floki Inu (FLOKI). The investigation is part of ASA’s larger crackdown on crypto-related ads, which it finds “misleading and irresponsible.” The latest memecoin gets a controversial ad campaign on London’s public transport Named after Elon…