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Bitcoin investor Fred Krueger argues that Bitcoin is the only cryptocurrency worth buying, dismissing the top 20 cryptocurrencies as 'jokes' despite their combined market cap of over $500 billion. He criticizes Ethereum for underperformance and legal issues, Tether for lack of upside, and Binance Coin for centralization and leadership issues. Other cryptocurrencies like Solana, USDC, Ripple, and meme coins like Dogecoin and Shiba Inu are also dismissed for various reasons.

Portfolio Pulse from Khyathi Dalal

June 03, 2024 | 7:25 pm

Former President Donald Trump is now accepting cryptocurrency for official campaign donations, a move that has garnered mixed reactions from experts in the crypto industry. While some see this as a strategic play to attract crypto enthusiasts, others remain skeptical about Trump’s genuine commitment to the sector. The campaign will accept various cryptocurrencies including Bitcoin, Ethereum, Solana, Tether, Ripple, Dogecoin, Cardano, Shiba Inu, and Avalanche.

Portfolio Pulse from Murtuza Merchant

May 22, 2024 | 4:34 pm

Former President Donald Trump is now accepting cryptocurrency donations for his presidential campaign, making it the first major party campaign to do so. The campaign will accept various cryptocurrencies through Coinbase Commerce, including Bitcoin, Ethereum, and Dogecoin. This move aims to attract the crypto community, contrasting with the anti-crypto stance of President Joe Biden and other Democratic leaders.

Portfolio Pulse from Chris Katje

May 21, 2024 | 9:11 pm

Circle Internet Financial, the issuer of the USDC stablecoin, is relocating its headquarters from Ireland to the United States amid a market rebound. This move comes as USDC's circulation has increased from $24 billion to $33 billion. The relocation may expose Circle to higher taxes but aligns with recent OECD tax reforms. Circle is backed by major Wall Street firms and cryptocurrency companies.

Portfolio Pulse from Murtuza Merchant

May 15, 2024 | 2:37 pm

Tether CEO Paolo Ardoino responded to Ripple CEO Brad Garlinghouse's criticism of USDT, emphasizing its role in global finance and its compliance with regulatory standards. Ardoino defended USDT's stability, liquidity, and the company's efforts against illegal activities, highlighting its collaboration with law enforcement worldwide.

Portfolio Pulse from Murtuza Merchant

May 13, 2024 | 6:31 pm

The price of Toncoin (TON) has surged, attracting attention from scammers who have stolen $140,000 worth of TON tokens. An address with a criminal history swindled 22,000 TON tokens from users by tricking them into clicking phishing links promising USDT transfers. Cybersecurity firm Kaspersky also reported a sophisticated phishing operation targeting TON holders. Despite these scams, Toncoin's price has soared 185% year-to-date, supported by Telegram's backing and its growing utility within the Telegram ecosystem.

Portfolio Pulse from Aniket Verma

May 10, 2024 | 5:21 am

A report by 10x Research labels Ethereum (ETH) as the underperformer of this cycle in the cryptocurrency market, citing its slow adaptation to market demands and technological advancements. Despite its strong historical correlation with Bitcoin (BTC), Ethereum's market dominance has declined, and it faces challenges such as regulatory uncertainties in the U.S., a decrease in transaction demand indicated by falling ETH Gas fees, and losing ground in the stablecoin arena to Tron. The report predicts a bearish outlook for Ethereum, impacting its valuation and adoption.

Portfolio Pulse from Murtuza Merchant

May 08, 2024 | 1:52 pm

Tether (USDT) has been officially issued on the TON blockchain, as announced by Tether CEO Paolo Ardoino during Token2049 in Dubai. This move, highlighted by Telegram co-founder Pavel Durov, represents a significant step towards integrating blockchain technology with Telegram's platform, aiming to enhance user empowerment and financial democratization. The integration is expected to increase the utility of Telegram's blockchain, facilitate seamless transactions, and offer an alternative to traditional financial systems. This collaboration aligns with Telegram's strategy to engage users and provide monetization opportunities for developers and content creators.

Portfolio Pulse from Murtuza Merchant

April 19, 2024 | 4:18 pm

Tether, the world's largest stablecoin creator, is restructuring into four divisions to expand its focus beyond stablecoins. The divisions include Data, focusing on AI investments; Finance, managing the USDT stablecoin; Power, overseeing Bitcoin mining investments; and Education, for educational activities. This move comes amid criticisms of Tether's transparency and reports of USDT being used to fund war activities by a Russian operative. Tether reported $6.2 billion in profits in its 2023 annual report, with significant USDT usage in countries like Brazil and Nigeria.

Portfolio Pulse from Khyathi Dalal

April 18, 2024 | 3:40 pm

A major Ethereum investor lost over $4.5 million in two failed attempts to leverage ETH, selling $33 million worth of ETH to settle the debt. Other whales are accumulating Ethereum, with significant withdrawals from Binance and OKX. The crypto market's volatility is influenced by geopolitical tensions, but Ethereum's ecosystem growth, highlighted by Puffer Finance's valuation, suggests confidence in its long-term potential.

Portfolio Pulse from Benzinga Neuro

April 17, 2024 | 2:18 pm

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