News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
These three altcoins could see gains this week, with key resistance levels and technical signals at play.
The crypto market has been showing signs of strength lately, and Dogecoin hasn’t been left out. The meme coin has jumped more than 16% in the past week, but over the last day, it’s been moving sideways. Some on-chain and chart signals suggest sellers could be gearing up to take profits, leading to a short-term … <a href="https://beincrypto.com/dogecoin-price-profit-taking-risk-key-level/">Continued</a>
Ethereum’s rally sparks fresh “flippening” talk, but experts say Bitcoin’s lead, supply cap, and role make overtaking unlikely despite momentum.
Blue Origin allows payments in Bitcoin and other cryptos for spaceflights, deepening its ties with the crypto industry.
- 22:24ECB President: Europe Must Establish Its Own Digital Asset Market to Maintain Financial StabilityAccording to a report by Jinse Finance, Bloomberg analyst Walter Bloomberg released market news stating that European Central Bank President Piero Cipollone said Europe must establish its own digital asset market to maintain financial stability. He supports the use of the digital euro for daily payments and warned that if deposits shift to foreign tokens, stablecoins could weaken banks and monetary policy. Although stablecoins can facilitate cross-border payments, he pointed out that Europe already provides fast and secure central bank fund transfer services.
- 21:55Sentinel Global founder: Stablecoins have all the risks of CBDCs as well as their own unique risksJinse Finance reported that Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global, stated that investors should "proceed with caution" when considering privately issued stablecoins, as stablecoins not only carry all the risks of central bank digital currencies (CBDCs) but also have their own unique risks. He noted that if JPMorgan were to issue a USD stablecoin and control it through the Patriot Act or other future legislation, they could freeze your funds and deprive you of your bank account. Investors should "discern right from wrong" and read the fine print of any stablecoin.
- 21:43A business entity related to YouTube celebrity MrBeast is reportedly set to enter the cryptocurrency sector.Jinse Finance reported that Beast Holdings, associated with YouTube celebrity MrBeast, has filed a trademark application for “MrBeast Financial” in the United States, with wording suggesting a potential entry into the cryptocurrency sector. The application includes services such as cryptocurrency payment processing, cryptocurrency exchange, and trading through decentralized exchanges (DEX). This move indicates a possible foray into fintech and Web3, potentially targeting MrBeast’s large audience and serving as a gateway or exchange for cryptocurrencies.